The buyout firm, which took the Japanese bank private in 2008, is reportedly looking for an additional investor to come on board. The capital could be used to ease debt repayments, sources told Reuters.
2 min read · 24 January 2013
London- and Paris-based AEW Europe is planning a €250m-€300m value-added residential investment programme over the next 12 to 18 months in Berlin via a joint venture with Caleus Capital Investors.
1 min read · 24 January 2013
The German insurer, which is aiming to increase global real estate investment from €17bn to €30 billion over the next few years, blames ‘lack of market’ for hampering efforts to reach its targets quickly.
2 min read · 24 January 2013
The only European real estate fund ING has launched this year, its €750m shopping centre vehicle, should hold a first close in the next three months, PERE learned at this year’s EXPO Real conference in Munich.
2 min read · 24 January 2013
Phillip Filippelis joins as managing director to lead the firm's operations in Australia and New Zealand.
1 min read · 24 January 2013
The Washington State Investment Board has approved commitments to GTCR’s tenth fund, targeting $3bn, and Southern Cross’ fourth Latin America fund, which closed last month on $1.68bn.
2 min read · 24 January 2013
Morgan Stanley Real Estate Investing has teamed up with German retail real estate investment and development firm Redos Real Estate to ‘invest several hundred million Euros’ in retail properties in Germany. The partnership, MSREI’s second struck this year in Europe, has started with the €150 million purchase of a 23-asset strong portfolio.
2 min read · 24 January 2013
The California giant has united its $1.1bn multifamily portfolio under GID, at the expense of BlackRock, which turned in a negative 12.3% return on its portfolio over five years.
2 min read · 24 January 2013
Just 18 months after buying the iconic building, the two firms stand to realise jumbo returns in an otherwise profit-starved property investment market.
2 min read · 24 January 2013
As part of the agreement, the general partner responsibilities of the $2.65bn Asian Real Estate Opportunities Fund are expected to transfer to Blackstone.
4 min read · 24 January 2013
