Following the firm’s purchase last month of two former Macklowe buildings in New York, San Francisco-based Shorenstein has acquired the Main Plaza office building in California from US REIT Maguire Properties.
1 min read · 22 January 2013
Ernst & Young veteran Howard Roth will lead the firm’s global real estate practice, succeeding Dale Reiss who retired in June this year. The group is focusing in the near term on infrastructure, sustainable investing, the credit dislocation and new reporting standards.
1 min read · 22 January 2013
Canadian privately-owned real estate investor, RealStar Group, is entering into private equity real estate territory by seeking to raise a €300 million opportunity fund to acquire assets in both the UK and Continental Europe.
2 min read · 22 January 2013
The New York-based firm has closed its Apollo Value Enhancement Fund VII, bringing its value-added investment fund series to $2.7bn in total committed equity.
1 min read · 22 January 2013
Tishman Speyer has reportedly bought out its 50 percent joint venture partner in TSI Ventures, giving the US firm full control of the business.
1 min read · 22 January 2013
The private equity real estate firm founded by former Grubb and Ellis chairman Anthony Thompson has hired former IHP Capital Partners senior vice president and controller Johnna Howard as the firm’s new CFO.
1 min read · 22 January 2013
Mark Preston succeeds Jeremy Newsum as chief executive officer of British property group Grosvenor, owned by the Duke of Westminster. Preston was former head of the firm’s UK operations and fund management business.
2 min read · 22 January 2013
The Boston-based real estate investment firm appoints former Invesco executive Ben Maudling to lead its operations in Central and Eastern Europe. Taurus president Peter Merrigan says the firm is also planning new offices in Peru and Greece.
2 min read · 22 January 2013
GE Real Estate, which is in the process of setting up a property fund business to rival the likes of Morgan Stanley and Blackstone, has appointed the firm’s general counsel and former Orion Capital real estate professional Thierry Leleu as managing director in Europe.
1 min read · 22 January 2013
The New York City Board of Education Retirement System is looking to broaden its investment portfolio with a $130 million allocation to real estate.
1 min read · 22 January 2013
