The Connecticut-based firm, which has shifted its strategy away from being a third-party investment manager to concentrate on making credit investments, has agreed to sell the management contract to its €240 million Polish Retail Fund and transfer around 20 staff.
2 min read · 27 August 2013
The French asset manager has corralled institutional capital for a senior real estate lending vehicle having set up a platform last year.
1 min read · 27 August 2013
Having expanded stateside, Norway’s Government Pension Fund Global is fast becoming one of the largest real estate investors in the world. To reach its 5 percent allocation target, however, it has a lot more investing to do.
3 min read · 27 August 2013
While distressed real estate continues to create some of the firm’s best investment opportunities, Europe has been a lesser source of deal flow than anticipated.
3 min read · 27 August 2013
RREEF Real Estate has acquired One Angel Square in Manchester, reportedly as part of a consortium that includes Ginkgo Tree, which ultimately is held by the Chinese Government’s State Administration of Foreign Exchange.
2 min read · 27 August 2013
The US bank says 2013 should be a ‘wonderful period’ for opportunistic investing in Europe, with some €413 billion of assets coming from banks, CMBS, REITs and open-ended funds.
4 min read · 27 August 2013
The firm led by Suchad Chiaranusatti has appointed LaSalle's Andrew Heithersay as a managing director, bringing to a close his 21-year tenure with the Chicago-based firm.
2 min read · 27 August 2013
Los Angeles-based CBRE Global Investors saw a dramatic increase in the volume of UK real estate bought and sold last year on behalf of investors, with £1.35 billion of transactions logged.
2 min read · 27 August 2013
The New York-based private equity and real estate firm expects deal flow to pick up in the region as financing becomes more available.
2 min read · 27 August 2013
The manager of the €506 billion Norwegian Government Pension Fund Global has purchased a half-stake in a five-strong portfolio of Grade A offices in New York, Washington and Boston from TIAA-CREF.
2 min read · 27 August 2013