The New York-based private equity firm has now raised half of the target capital for its debut property fund. The firm also has invested an additional $250 million for “new strategic initiatives” within real estate.
3 min read · 28 August 2013
Perella Weinberg has closed its second pan-European fund with total equity commitments of more than €1.3 billion, making it the largest equity haul for a pan-European opportunistic real estate fund since Blackstone closed its Europe-focused fund in June 2009.
3 min read · 28 August 2013
The New York-based firm has appointed a former head of real estate at UK insurance company, Prudential, as a senior advisor on UK and European investments.
3 min read · 28 August 2013
The real estate investment management arm of financial services giant Prudential Financial has picked up Jocelyn de Verdelon to lead its investing activities in France. de Verdelon has experience making value-added and opportunistic acquisitions.
1 min read · 28 August 2013
The New York asset manager has launched a new fund designed to secure fixed-income-like returns from real estate assets classes such as student accommodation and primary healthcare.
2 min read · 28 August 2013
The Greenwich, Connecticut-based firm has purchased ‘the most successful suburban office park in Central and Eastern Europe’ for a reported €300 million.
2 min read · 28 August 2013
Aviva Investors has become the latest group to launch a commercial real estate debt fund focused on opportunities in the UK.
2 min read · 28 August 2013
This is the fourth time in four months that the pair have invested together in private real estate in Europe, this time purchasing a large office park outside of London.
2 min read · 28 August 2013
The Chicago-based firm has raised $192 million in a first closing for its LaSalle Asia Opportunity Fund IV but reduced its fundraising target to $500 million from $750 million, according to a note to investors obtained by PERE this month. It has enjoyed comparatively more success raising $431 million for its third Japanese logistics fund.
3 min read · 28 August 2013
The New York firm investment firm has agreed to buy nine shopping centre from Wells Fargo helping the bank clear some of its legacy nonperforming loans from its balance sheet, and has struck a deal to buy 10 retail properties out of administration in an unrelated deal from a second party.
2 min read · 28 August 2013
