After being maligned by investors following the start of the global financial crisis, a survey presented by the professional services firm at the MIPIM conference painted a more positive picture for commingled real estate funds.
2 min read · 27 August 2013
Chinese state-owned investment company Gingko Tree Investment is understood to be among the three investors led by AXA in the purchase of Ropemaker Place, a prime office building in the City, from London-listed REIT British Land.
2 min read · 27 August 2013
The Toronto-based fund manager has raised C$180 million for its Northam Canadian Commercial Property Fund II, which is targeting European investors seeking Canadian real estate.
2 min read · 27 August 2013
The London-based data provider said property funds produced a -2 percent overall return to investors in the last quarter of 2012, although it also said a net €500 million has been raised to take advantage of European dislocation.
2 min read · 27 August 2013
German lender Commerzbank reportedly is being courted by a host of private equity groups interested in acquiring a portfolio of real estate loans worth £5 billon.
1 min read · 27 August 2013
As the doors swing open on the world’s biggest property jamboree, real estate professionals attending the week-long event already are talking up positive market sentiment.
3 min read · 27 August 2013
The global bank’s real estate investment arm formerly known as RREEF Real Estate has teamed up with a New York-based investor to buy the ground lease of the Milford Plaza Hotel in Times Square.
2 min read · 27 August 2013
Jack Berquist and Desi Co have left Macquarie Capital to form Accord Group, in partnership with former Mesirow executive Jeff Sobczynski.
3 min read · 27 August 2013
La Banque Postale Asset Management (LBPAM) has raised €500 million in a first close for a debut hybrid infrastructure and real estate debt fund.
2 min read · 27 August 2013
The global property services firm says professional real estate buyers still favour core assets in Europe, but there is increased appetite for good secondary and opportunistic/value added investments.
3 min read · 27 August 2013