Al Rajhi Capital, the investment banking subsidiary of Saudi Arabia’s Al Rajhi Bank, has joined forces with Bahrain-based investment house Arcapita Bank to invest in real estate sectors including warehousing and healthcare.
2 min read · 24 January 2013
CBRE Investors has replaced its president Thibault de Valence and directeur general Francois Lex, after the duo quit the firm to pursue “entrepreneurial opportunities”.
1 min read · 24 January 2013
The Liaoning Huayuankou Investment Fund will make pre-IPO investments in the new materials, new energy, consumer-oriented, media, healthcare, natural resources, industrial technology and aerospace sectors in the city’s Huayuankou Economic Zone.
2 min read · 24 January 2013
George Jautze, the chief executive officer of ING Real Estate Investment Management, is to bring the curtain down on his almost 20-year tenure with the firm. His duties will be assumed by William Connelly.
2 min read · 24 January 2013
The property group has mandated HSBC Mexico to act as fiduciary and help raise a $256m industrial fund focusing on investments in logistics platforms across Mexico City, Guadalajara and Monterrey. The new vehicle will target returns of between 13% and 16% and is expected to be fully invested in four years’ time.
1 min read · 24 January 2013
Edd Hendee, a former assistant to Starwood CEO Barry Sternlicht, co-led the creation of Starwood’s mortgage debt REIT, as well as targeting deals for the firm’s hospitality funds.
2 min read · 24 January 2013
With some $22bn in uncalled commitments, the California pension will work to enter customised, low-fee partnerships and co-investment vehicles with select GPs.
2 min read · 24 January 2013
Larry Ellman, Citi Property Investors’ head of North American investments, has quit the firm as its sale enters the final week. Ellman's responsibilities now fall to CPI's asset management head, Robert Scoville.
2 min read · 24 January 2013
Morgan Stanley’s head of real estate investing in Japan has resigned to raise a distressed real estate fund. Yoshi Shigenari, a long-serving executive of the investment bank, takes over his position.
1 min read · 24 January 2013
Biren Amin, formerly responsible for opportunity funds at Paris-based AXA Real Estate Investment Managers, has joined Alpstar Capital
1 min read · 24 January 2013
