The real estate services firm has added a new managing director in its Poland office as it continues to target the country’s growing real estate market. CBRE advised on the sale of GE Real Estate's 3 Stawy shopping centre in Poland in October to German investment firm, Union Investment Real Estate.
1 min read · 22 January 2013
Similar to Partnerships UK, Partnerships USA would provide common deal documentation, advice, project monitoring and other support services to help the public sector implement PPPs in the US.
2 min read · 22 January 2013
The Middle Eastern market is being affected by the credit crunch as it looks to cut back on ‘overcapacity’. The investment bank operates various private equity and real estate funds, including a $533m Saudi hospitality fund.
2 min read · 22 January 2013
Property markets in the Middle East and India are underserved in terms of luxury real estate developments, according to Donald Trump Jr, son of real estate mogul Donald Trump. Trump Jr is reportedly raising $1bn to target high-end real estate projects in India, with an initial focus on Mumbai.
1 min read · 22 January 2013
Regulators have reportedly rejected the joint venture, and instead allowed CITIC to launch a private equity arm expected to raise RMB 6bn for its first fund.
2 min read · 22 January 2013
The private equity real estate firm, which last year hired 10 RREEF executives, is targeting IRRs of 16% for its first value-added fund. The firm has also just refinanced a mixed-use redevelopment joint venture in New Jersey for $70m.
2 min read · 22 January 2013
The $182bn Sacramento, California-based pension, struggling with the denominator effect, will vote next week on whether to raise the upper limit of its target allocation to real estate and private equity. The pension's real estate portfolio is currently 1.6% overweighted.
2 min read · 22 January 2013
LPs are turning away existing relationships as they bump up against their target allocations. Almost two-thirds will sell interests on the secondaries market to focus resources on the best GPs, according to an LP survey by Coller Capital. There has been a 'growing recognition' among LPs of the importance of being with the best GPs.
2 min read · 22 January 2013
In a country whose infrastructure investment landscape is dominated by large industrial conglomerates, Infrastructure India, a newly listed UK infrastructure fund, is finding ways to limit its exposure to them by investing in project-specific investment vehicles.
3 min read · 22 January 2013
Marc Dreier, the founder of New York law firm Dreier, has admitted to key aspects of a plan to sell $113m in fake promissory notes, including notes from a real estate developer. Around $100m of the proceeds are still unaccounted for.
3 min read · 22 January 2013
