Accounting and consulting firm Ernst & Young has found that growing pressure from limited partners is leading to a shakeup in deal terms – particularly with regard to management fees, carried interest and returns.
3 min read · 18 January 2013
The Denver-based fund manager has signed a $100 million separate account targeting bridge loans. In addition, it has held a first close of $35 million for its second commercial real estate finance fund.
1 min read · 18 January 2013
The Europe- and Asia-focused private equity real estate firm has bolstered its 50-strong Japanese team with the hire of Rio Minami, the former head of Carlyle’s Japan real estate division.
1 min read · 18 January 2013
Industry veteran Alan Bear has joined the San Diego-based multifamily real estate operator as senior vice president.
1 min read · 18 January 2013
The Chicago-based firm has opted not to seek an extension to the investment period of its $3 billion LaSalle Asia Opportunity Fund III in favour of bringing a successor fund to the market.
2 min read · 18 January 2013
Next year promises more challenges for fund managers to invest capital and investors to meet return expectations, as well as a continuing shift toward increased investor reporting.
2 min read · 18 January 2013
The New York-based retirement fund has agreed to acquire the Perlacher Einkaufsparadies shopping centre in Germany from RREEF.
1 min read · 18 January 2013
The former managing director of real estate consulting services at Pension Consulting Alliance is joining Morgan Stanley in November.
2 min read · 18 January 2013
The investment arm of the Dubai government has teamed up with the Toronto and New York-based asset manager to launch the first investment fund to target Dubai real estate.
2 min read · 18 January 2013
The London-based private equity real estate firm, Brockton Capital, has bought a majority stake in data centre specialist, Virtus Data Centres. The fresh investment on behalf of Brockton Capital Fund II, will see the operator develop new facilities.
3 min read · 18 January 2013