A need by Israeli-European group Kardan to meet debt repayments in 2014 and 2015 has led to the sale of a 27.75 percent stake in a Central and Eastern European property company to Lone Star Real Estate Fund III.
3 min read · 22 November 2013
The property arm of British insurer Legal & General has raised more than £138m for the second of its UK Property Income Funds which also features a gearing choice for investors like the first.
2 min read · 22 November 2013
Andrew Smith has left Aberdeen Asset Management where he was global head of property following Monday’s announcement the firm is taking over Scottish Widows Investment Partnership (SWIP) from Lloyds Banking Group.
2 min read · 21 November 2013
The Hong Kong-based firm has made its fourth separate account investment in London on behalf of a pool of Korean institutional investors with the acquisition of the Marks & Spencer global headquarters.
2 min read · 21 November 2013
GE Capital has underlined its strategy to ditch real estate investment management in favour of lending as it agrees the purchase of a performing loan portfolio with refinancing possibilities.
2 min read · 20 November 2013
Copenhagen real estate funds of funds manager is backed further by Danish institutions and PERE learns it has made an investment in the second China fund of InraRed Capital Partners
2 min read · 15 November 2013
Real estate managers are getting into fixed income securities in an effort to capitalize on overly conservative credit ratings.
3 min read · 15 November 2013
A partnership between the Canadian pension and the UK asset manager, established in July, has purchased Aldgate House in London for £100 million.
2 min read · 12 November 2013
Eric Sasson and Robert Hodges, the former heads of European real estate at The Carlyle Group, have launched a fund at new firm RedTree Capital to invest in value-add and opportunistic deals in Western Europe.
2 min read · 12 November 2013
The Chinese sovereign wealth fund is reported to be in advanced stages to buy the west London Chiswick Park business complex for around £800 million from The Blackstone Group.
2 min read · 12 November 2013
