MGPA, the private equity real estate firm, has joint ventured with CarVal Investors for a Central London office development. It is the second time the pair have struck up a JV on a European city centre development having recently announced a project in Paris.
2 min read · 18 January 2013
The private equity real estate arm of Goldman Sachs has led the purchase of a majority stake in a 3 million-square-foot office portfolio in Rosslyn, Virginia, from entities of stricken Wall Street rival Lehman Brothers.
2 min read · 18 January 2013
The real estate investment management of Deutsche Bank today sold the European department store group, La Rinascente, to one of Thailand’s largest retail chains.
3 min read · 18 January 2013
The São Paulo-based alternative investment management firm has completed fundraising for the second issuance of its Brazilian real estate rental income fund and plans to launch a new development fund later this quarter.
2 min read · 18 January 2013
The global accounting and advisory firm has appointed two partners to senior leadership positions in its Americas real estate practice.
2 min read · 18 January 2013
The preeminent sovereign wealth fund of China revealed in its 2010 annual review it had ‘essentially fully invested’ its initial $200bn of state equity culminating in increased investments in real estate among other alternative asset classes.
2 min read · 18 January 2013
Chicago-based LaSalle Investment Management has hired Paul Guest as head of research and strategy for Asia Pacific. Guest joins from LaSalle’s parent company Jones Lang LaSalle.
2 min read · 18 January 2013
Despite the ‘sputtering economy’, the firm’s earnings in real estate rose in the second quarter, driven by increases in underlying investments and performance fees.
3 min read · 18 January 2013
The $26 billion pension plan’s board has approved a commitment to the Philadelphia-based private equity and mezzanine debt investor's latest high-yield real estate debt fund.
2 min read · 18 January 2013
Pradera follows up plans for an Egyptian retail fund with plans for a fund targeting investments in the Turkish retail real estate sector. The London-based firm has teamed up with Istanbul-based Krea Real Estate to launch the vehicle.
1 min read · 18 January 2013
