SNS Reaal, a bank and insurance group weighed down by property exposure, has been nationalised by the Dutch government at a cost of €3.7 billion.
2 min read · 27 August 2013
Despite talk about the need to diversify, when it comes to global institutions investing in European property, London is still the market to be in.
2 min read · 27 August 2013
Pension funds have been ramping up exposure to alternatives – with some of the world’s largest pension markets recording a rise in average allocations to 19 percent from 5 percent. Consultancy Towers Watson is ‘confident’ the numbers will keep rising.
2 min read · 27 August 2013
The Dallas-based firm reportedly is closing in on a package of residential loans being sold by Banco Bilbao Vizcaya Argentaria, at a discount of close to 70 percent.
2 min read · 27 August 2013
The US investment bank has successfully launched the initial public offering of its German residential company, LEG Immobilien, making the firm one of the largest, if not the largest, public property company in Germany.
3 min read · 27 August 2013
The New York-based private equity real estate firm has wrapped the third round of fundraising for its evergreen vehicle, which now has raised some $2.8 billion in capital.
2 min read · 27 August 2013
Four deals totaling approximately $1.4 billion and centering on five office properties in London took place over the past few days, with foreign institutions as the buyers.
3 min read · 27 August 2013
The Government of Singapore Investment Corporation has agreed to underwrite £1 billion of loans sourced by London-based Laxfield Capital.
2 min read · 27 August 2013
The New York firm has hired the former managing director for Europe at AMB Property Corporation to become president and chief executive officer of LogiCor, Blackstone’s 91-strong logistics platform assembled in the region.
2 min read · 27 August 2013
The UK Treasury's consultation will also permit ‘third country’ funds to continue to use private placements until 2015.
2 min read · 27 August 2013