Chinese insurer Ping An has completed its first overseas real estate investment, acquiring for £260 million, the Lloyd’s Building in London from German real estate company Commerz Real.
2 min read · 28 August 2013
Stockholm-based private equity real estate firm Andersson Real Estate Investment Management has earned fresh commitments from two more LPs to take its final capital tally for AREIM Fund II to €324 million at the final close.
1 min read · 28 August 2013
The Singaporean sovereign wealth fund is strengthening its presence in the West amid expectations of higher interest rates and slower growth in Asia.
2 min read · 28 August 2013
Why Terra Firma’s failure to IPO its German residential platform is not the end for the firm’s founder.
3 min read · 28 August 2013
Friends Life, a pension fund that manages £114 billion of assets has made a commitment of half a billion pounds to US-based Pramerica Investment Management to make senior commercial real estate loans in UK real estate.
2 min read · 28 August 2013
Morgan Stanley Real Estate Investing, the real estate investment management arm of the US bank, has agreed to sell Executive Offices Group to Queensgate Investments, the London-based company started by Jason Kow which announced last year it had £500 million of equity from family officers to deploy.
2 min read · 28 August 2013
The investment management business of UK insurer Aviva and its investment partners have called time on their investment in West End development PaddingtonCentral, selling the multi-building asset to London-listed REIT British Land.
2 min read · 28 August 2013
The London-based private equity firm has shelved plans for a €1.1 billion initial public offering of its German residential property company, Deutsche Annington Immobilien amid ‘adverse market conditions’.
2 min read · 28 August 2013
Neil Odom-Haslett joins from Deutsche Pfandbriefbank to lead a push into real estate lending in the UK.
2 min read · 28 August 2013
Cedric Dujardin joined on July 1 as director and head of real estate for France, filling the void left by Maximilien de Wailly, who left for Morgan Stanley Real Estate Investing last year.
2 min read · 28 August 2013