Revetas Capital Advisors, the recently launched Central and Eastern Europe fund manager, has opened a new office in Budapest and hired its first regional director.
2 min read · 17 January 2013
The Washington, DC-based alternative asset manager, in partnership with Dallas-based developer Cypress Equities, has closed on the purchase of a distressed retail property in San Francisco from Lone Star Funds, with plans to develop a six-level shopping center on the site.
2 min read · 17 January 2013
The Maryland-based private real estate firm saw its latest investment vehicle oversubscribed, with commitments from limited partners such as the New York State Teachers’ Retirement System.
2 min read · 17 January 2013
Alfonso Munk, who previously led Morgan Stanley’s real estate investing activities in southern Europe, has joined the real estate investment management business of New Jersey-based Prudential Financial as chief investment officer of its Latin America operations.
2 min read · 17 January 2013
The London-based company has bought Horizon Investment Management France as part of its plan to double its exposure to French property by 2015.
2 min read · 17 January 2013
The $39.2 billion pension plan has agreed to grant staff the authority to redistribute up to $200 million in new real estate allocations for the fiscal year 2012-2013.
2 min read · 17 January 2013
Patron Capital has teamed up with London-based Revetas Capital Advisers to advise on buying distressed assets in Central and Eastern Europe or assets in Western Europe controlled by local CEE banks. Revetas is also raising a €250m fund, it revealed.
2 min read · 17 January 2013
The Atlanta-based firm has raised 20% of its second co-investment vehicle’s target. Through the fund, it plans to be a minority partner in JV acquisitions.
1 min read · 17 January 2013
Prudential’s real estate investment arm has sold its majority interest in a portfolio of 36 self-storage properties to Extra Space Storage for about $300 million.
1 min read · 17 January 2013
The chairman of RREEF’s global opportunistic real estate business has joined Toronto and New York-based Brookfield Asset Management in its London office to lead real estate investing activities in Europe.
2 min read · 17 January 2013
