The dark horse firm from New Jersey outbids PCCP for control of Capmark's $1.1bn debt fund.
1 min read · 18 January 2013
The property developer has hired former Merrill Lynch managing director Duncan Taylor to build a fund management platform in Australia, where Lend Lease recently acquired Bilfinger Berger’s Australian business and has teamed up with a group of former Babcock & Brown pros to source deals.
3 min read · 18 January 2013
The Canada Pension Plan Investment Board continues investing large amounts of its equity into global real estate. This time it has picked up stakes in a portfolio of shopping centres in New England – its first ‘regional mall’ acquisition in the US – and a large shopping centre in Dusseldorf.
2 min read · 18 January 2013
Michael Wilkinson, one of the founding partners of Europe- and Asia-focused firm MGPA, has left to pursue new challenges. He was most recently in charge of the firm’s Asia development activities.
2 min read · 18 January 2013
The country´s infrastructure and complex tax system are preventing Brazil from attracting even more international equity, according to panelists at the annual ADIT conference.
2 min read · 18 January 2013
UK-based Bridgepoint and Paris-listed Eurazeo have joined forces for the first time to acquire European real estate management company Foncia.
2 min read · 18 January 2013
A partnership between Johannesburg-based Rand Merchant Bank and Westport Property Group aims to generate IRRs of more than 30% from the eight-year vehicle.
2 min read · 18 January 2013
The Stamford-based firm has formed a joint venture with the Virginia Retirement System to acquire grocery-anchored retail properties.
2 min read · 18 January 2013
In its maiden transaction, the new venture forms a 50-50 partnership with Ensemble Hotel Partners in its two Long Beach hotel properties.
2 min read · 18 January 2013
The Miami-based firm has closed on $100m for Parmenter Realty Fund IV.
2 min read · 18 January 2013