The New York-based private equity and real estate firm is targeting a first close for its debut core-plus real estate vehicle for later this year and also is gearing up for a successor to BREP VII.
4 min read · 17 July 2014
Forty-three percent of the loans are non-performing
2 min read · 17 July 2014
The US firm has won a crucial decision in the English High Court which paves the way for it to buy the freehold to London apartment block, Dolphin Square, following a four-year struggle.
3 min read · 17 July 2014
A rare example of an investment by an opportunistic Central and Eastern Europe fund manager has been provided by Revetas, which has acquired a shopping center in Bulgaria originally purchased by Heitman’s European Property Partners III fund in 2008.
2 min read · 16 July 2014
Lone Star Funds was the most prolific buyer of European non-core real estate and real estate owned property in the first half of the year, with Cerberus, CarVal, Blackstone and Oaktree the next most active, according to advisor Cushman & Wakefeild.
2 min read · 15 July 2014
The London-based firm has acquired a shopping center in Alabecete from AXA Real Estate, and plans a transformation of it.
2 min read · 14 July 2014
One of Europe’s most senior and best-known real estate placement agents has left New York’s Greenhill & Co.
2 min read · 11 July 2014
The $44 billion global real estate investment manager has taken over Pamera Asset Management in Germany as it further fuels its global expansion strategy in Europe.
2 min read · 10 July 2014
The London-based manager has sold the assets of its Student Hall Fund to UK operator Unite. The Cordea Savills Student Hall Fund was a pioneer in the student housing sector being the first pooled investment vehicle to attract UK institutional money to the asset class.
2 min read · 09 July 2014
The real estate investment arm of the United Services Automobile Association has struck its first deal outside of the US with the formation of a new joint venture and has opened an office in Amsterdam.
2 min read · 09 July 2014
