The Washington, DC-based private equity real estate firm has acquired the office of the infamous Nixon-era break-in in a deal reportedly valued at $76 million. The property has now been traded twice in six years.
2 min read · 18 January 2013
Gerard Arpey, the former chairman and chief executive officer of AMR Corporation, the stricken parent company of American Airlines, has joined a Houston-based private equity real estate firm.
2 min read · 18 January 2013
Aviva Investors and Secured Capital have confirmed the launch of their blind pool investment club alongside early equity commitments from Aviva Investors’ parent, the London-based Insurer Aviva, and Dutch pension fund manager, PGGM Investments
3 min read · 18 January 2013
Morgan Stanley Real Estate Investing has moved quickly to replace Naresh Naik who quit as India country head at the $43 billion platform last month.
2 min read · 18 January 2013
Listed French real estate company, Altarea Cogedim, has beaten its original fundraising target by collecting €600m of commitments for a Paris office vehicle seeking mid-teen returns.
2 min read · 18 January 2013
Hong Kong-based Harvest Capital Partners is planning to launch new funds in 2012 as it reaches the final stages of its earliest funds and approves the final acquisitions for its current retail development vehicle.
3 min read · 18 January 2013
If you are contemplating raising a fund, you need to read this. Alan Pardee, globetrotting managing partner of Mercury Capital Advisors, explains what he is finding out on behalf of GPs looking for capital.
5 min read · 18 January 2013
Columbus Capital Management, the value-added fund manager of London-based Schroders’ real estate investment and asset management business, has already deployed half the total equity raised.
2 min read · 18 January 2013
CY Leung, DTZ’s chairman in Asia Pacific, has handed in his notice at the firm in order to run for chief executive of Hong Kong in next year’s election. Leung merged his Chinese property services company CY Leung & Co into DTZ in 2000 providing the London-based firm with a strong footing in the Chinese market.
2 min read · 18 January 2013
One of the highest profile figures in European private equity real estate is leaving German insurance company Gothaer for Austria’s largest real estate firm chaired by the country’s former prime minister.
3 min read · 18 January 2013