Equity from a separate account with the Public Officials Benefit Association of Korea, won via last year’s takeover of ING REIM, has been put to work in the purchase of Thames Court in the City of London.
2 min read · 17 January 2013
The London-based financial advisory business is expected to join a growing contingent of players looking to capitalise on the UK’s debt funding void.
2 min read · 17 January 2013
Luxembourg, a popular fund domicile for GPs worldwide, has signed a double tax treaty with Germany that could introduce withholding tax on hybrid debt instruments used to help acquire German targets.
2 min read · 17 January 2013
A new £1 billion fund launch underlines how senior property debt funds targeting Europe are all the rage currently.
3 min read · 17 January 2013
The New York-based private equity and real estate giant has signed a deal to purchase Devonshire Square, a 12-building office and retail complex, from ADIA and Rockpoint.
1 min read · 17 January 2013
The Stockholm-based firm reveals it has raised its largest Nordic opportunistic fund since it started in 1998, despite the ‘challenging’ fundraising environment, smashing its original €600m target.
2 min read · 17 January 2013
The New York-based private equity and real estate giant has purchased StarHub Green, a 400,000-square-foot office park in the Southeast Asian city-state, from SEB Asset Management for roughly $173 million.
1 min read · 17 January 2013
The Hong Kong-based private equity and real estate firm has bolstered its ranks by recruiting a four-strong team from Amsterdam-based retail property company Redevco led by Robert Lie.
2 min read · 17 January 2013
Due to an inability to secure liquidity in the current market, SEB ImmoInvest will be dissolved. The properties acquired on behalf of the €6 billion fund will be sold over the next five years.
2 min read · 17 January 2013
Karsten Kallevig, chief investment officer for real estate at Norges Bank Investment Management, told an audience in London last night how the NOK3,494 billion sovereign wealth fund does not want to see its equity returned in five years, thereby excluding opportunity funds from its initial investment thesis.
3 min read · 17 January 2013
