The asset management arm of the Swiss financial services giant has tapped its chief operating officer to oversee its global real estate business, taking over from departing head, Paul Marcuse.
2 min read · 17 January 2013
London-based Mountgrange Investment Management has teamed up with the real estate arm of British insurer Prudential to build a 140,000sq ft office scheme at a time of very little speculative development.
2 min read · 17 January 2013
The fund, which focuses on small- to mid-sized value-added investment opportunities in New York, has raised $10 million of its $50 million target.
2 min read · 17 January 2013
The real estate fund management business of Prudential’s European asset manager M&G Investments has expanded its presence in Asia with the openings of offices in Tokyo and Seoul and the hires of four new staff.
2 min read · 17 January 2013
Two London-based private equity real estate firms have joined forces to acquire a portfolio of 24 office, industrial and retail properties from the Henderson Caspar fund, which was faced with a CMBS maturity.
2 min read · 17 January 2013
Victoria Shigehira Sharpe is being lined up for a newly-created, senior client-facing role at PREI Asia’s parent company Pramerica Investment Management and will be passing the leadership baton to ex-Grosvenor Fund Management Asia head Morgan Laughlin.
2 min read · 17 January 2013
The joint venture between the two New York-based investment firms has purchased 1201 Third Avenue in downtown Seattle for nearly $550 million.
2 min read · 17 January 2013
Global Logistic Properties’ entry into Brazil should not deflect attention from its central focus in Asia but that doesn’t diminish its impact.
3 min read · 17 January 2013
The Chicago-based real estate investment firm has purchased a 75 percent stake in a 3,000-unit German residential portfolio from Grainger.
2 min read · 17 January 2013
The venture plans to invest $150 million into the project, which will include up to 330 multifamily and 500 single-family units to be built on 164 acres of land.
2 min read · 17 January 2013