The private investment firm of Sam Zell and Gary Garrabrant has exited its investment in the company behind China’s fifth largest industrial portfolio to Jeff Schwartz’ Global Logistics Properties.
2 min read · 18 January 2013
The San Francisco-based firm has purchased a $25 million commitment to Buchanan Street Partners' fifth fund, the $400 million Buchanan Fund V, in its first secondary acquisition since the start of the global financial crisis.
2 min read · 18 January 2013
The London-listed property services firm’s slated merger with France’s BNP Paribas has fallen apart. Its chairman and chief executive blame the collapse on the wider financial issues in the Eurozone.
2 min read · 18 January 2013
Rob Wesselo, managing partner of International Housing Solutions (IHS) is forecasting the imminent birth of the listed rental housing sector in South Africa giving his firm a wider pool of exit options for its debut fund and incoming successor fund.
5 min read · 18 January 2013
The Milwaukee-based global asset management firm has added two new managing directors in an effort to expand its real estate investment banking team.
1 min read · 18 January 2013
The proposed Volcker rule that moved forward this week leaves more questions than answers. Regardless, it could mean the end of bank-sponsored private equity real estate platforms as we know them.
4 min read · 18 January 2013
Aviva’s head of real estate client relations for North America will leave at the end of the year.
1 min read · 18 January 2013
The South Africa affordable housing focused firm has invested more than half of the committed capital to its debut private equity real estate fund, South African Workforce Housing Fund, and is now plotting a successor vehicle.
2 min read · 18 January 2013
Magnus Christensson, the European head of fund placement activities at Jefferies bank, is joining TPG Capital as a member of its European capital raising team.
2 min read · 18 January 2013
Stephen Smith has left the Chicago-based real estate investment firm just ahead of a final closing on its second opportunistic retail fund.
2 min read · 18 January 2013
