The global asset management business of UK insurer Aviva has bolstered the ranks of its real estate platform in Asia with the hire of ex-Macquarie Capital man Benjamin Aiken.
1 min read · 17 January 2013
AXA Real Estate Investment Management says it has launched a new business to double its investments in alternatives to €1.5bn in value over the next three years in response to growing demand for alternatives.
2 min read · 17 January 2013
The New York-based firm, best known for owning a stake in the Chrysler building, has launched a fund with a $750 million final target. If achieved, it would be its biggest to date.
2 min read · 17 January 2013
With real estate financing in Europe still difficult to come by, one of America’s biggest commercial real estate lenders is ramping up in the region, pointing the way for its fellow US banks.
3 min read · 17 January 2013
New Jersey’s $350 million commitment represents the first major investment by a US pension plan in TPG’s growing real estate business.
3 min read · 17 January 2013
With German open-ended funds less in contention these days, significant growth in Spezialfonds is expected, according to a report released by CBRE.
3 min read · 17 January 2013
The Wall Street bank has decided to tap global demand for 'super prime' property with the sale of Continental Europe’s largest department store, KaDeWe, with bids expected to be in the region of €750m.
3 min read · 17 January 2013
The deal marks the Norwegian sovereign wealth fund manager’s first German property investment and the third that it has made in conjunction with AXA’s real estate investment arm in the past 15 months.
2 min read · 17 January 2013
The Blackstone Group has closed its latest global real estate fund, which is the largest real estate opportunity vehicle ever raised. About 35 percent of the commingled vehicle already is invested.
3 min read · 17 January 2013
For the second consecutive year, the 'Big Apple' has become the largest global market with $34.7 billion of deals from January until June, according to research by Cushman & Wakefield released at the EXPO REAL trade show in Munich.
2 min read · 17 January 2013
