The New York-based investment firm’s head of research and investment strategy has left to pursue other opportunities. His second-in-command, Tim Wang, has assumed his responsibilities.
2 min read · 17 January 2013
The new venture plans to spend more than $140 million on industrial, value-added acquisitions in Chicago, New Jersey and New York.
1 min read · 17 January 2013
Just days after the Hong Kong firm announced the departure of founder and chief executive officer Rong Ren, its head of capital raising and business development, George Agethen, has handed in his notice. He is one of approximately 10 others to leave.
2 min read · 17 January 2013
In its second such partnership this year, the New York-based real estate investor and fund manager is teaming with a South Florida developer to build apartment communities on behalf of its latest opportunity fund.
2 min read · 17 January 2013
A portfolio of 50 percent stakes in three of Centro Retail Australia’s marquee shopping centres has been sold to Stan Perron, the Perth-based billionaire, ahead of investors such as TIAA-CREF, CPPIB and Australian fund manager QIC, in deal valued at A$690.4 million.
2 min read · 17 January 2013
The Montreal-based real estate subsidiary of Caisse de dépôt et placement du Québec will put up 75 percent of the capital for the $400 million project. The investment is expected to close by the end of the month, with construction set to begin before year-end.
2 min read · 17 January 2013
The core investment vehicle, called TechCore, will be managed by the Menlo Park, California-based private equity real estate firm and will invest in technology-focused properties in the US.
2 min read · 17 January 2013
Dan Vene, a former partner at placement agent Eaton Partners, has joined the New York-based investment manager to lead capital-raising efforts and client relations for the firm’s real estate opportunity funds.
2 min read · 17 January 2013
The Hong Kong-based private equity real estate firm’s decision to expand its investment horizons to include private equity and infrastructure is understood to have contributed to founder and chief executive officer Rong Ren’s decision to resign.
3 min read · 17 January 2013
John McCarthy, Starwood Capital Group’s global head of asset management, who held a similar role for the real estate division of collapsed Wall Street bank Lehman Brothers, is expected to join ADIA’s Real Estate Department next month.
2 min read · 17 January 2013
