The $200bn fund has completed its purchase of landmark building, the Sony Center, on Berlin’s famous Potsdamer Platz road, from Morgan Stanley Real Estate Investing.
1 min read · 24 January 2013
The New York-based firm has started to invest MSREF VII Global –primarily targeting the US, Western Europe and Japan – after allowing LPs to reduce commitments to the new fund. In an exclusive interview with PERE, the firm said: ‘There is a real chance to make a lot of money for our investors’.
3 min read · 24 January 2013
The Chicago-based real estate firm has hired Jim Evans as chief investment officer, following the departure of Ross Satterwhite, who left to pursue other interests.
2 min read · 24 January 2013
UK watchdog OFT is launching the first ever ‘stock take’ on the nation’s infrastructure
2 min read · 24 January 2013
Littlejohn’s fourth fund, which is targeting $1.3bn, invests in mid-market firms that are underperforming or financially distressed.
1 min read · 24 January 2013
The Cleveland- based advisory and investment management firm has continued to strengthen its business by opening an office in Asia, and hiring ex-ING Real Estate Select Asia head, Nicholas Wong
2 min read · 24 January 2013
Dr Matthias Thomas was named today as the replacement for Lisette Van Doorn, who has rejoined ING Real Estate Investment Management as a fund manager in Italy. He joins from the Real Estate Management Institute in Germany.
2 min read · 24 January 2013
With a wave of commercial real estate debt restructurings building, real estate veterans warn first time investors to be prepared for a steep learning curve and the impact of massive fees on returns.
2 min read · 24 January 2013
After 10 years leading Stockholm-based Aberdeen Property Investors, Rickard Backlund is to step down from his full-time position. His role will go to chief investment officer Andrew Smith.
1 min read · 24 January 2013
San Francisco-based secondaries specialist Liquid Realty Partners has hired former Morgan Stanley dealmaker Mark Degner as managing director of acquisitions, to replace former CIO Jeff Giller.
1 min read · 24 January 2013
