Europe’s largest state fund and the real estate investment arm of French insurance giant AXA have continued their investment joint venture, agreeing to the purchase of three Paris offices for €290 million.
2 min read · 18 January 2013
With the completion of CBRE Group’s takeover of ING REIM, the Los Angeles-based real estate investment management firm is poised to ramp up investment activities in targeted areas worldwide.
2 min read · 18 January 2013
The New York-based retirement fund has been steadily working toward expanding its footprint in the investment management space, according to its head of global real estate Thomas Garbutt.
2 min read · 18 January 2013
In its second transaction with development firm VDP NV, the Europe-focused firm has increased its exposure to the Czech Republic using capital from its Curzon Capital Partners III fund.
2 min read · 18 January 2013
The London-listed property services firm has selected UGL as preferred bidder to buy the embattled company. If a deal happens it would create the third largest property services firm globally.
2 min read · 18 January 2013
The Morristown, New Jersey-based real estate fund manager is seeking $500 million for a value-added vehicle to target office properties in New York, Boston and Washington DC.
1 min read · 18 January 2013
On behalf of its retail property fund, the London-based global asset management firm has purchased a shopping centre in a suburb of Paris and a retail centre in Germany for a total of €100 million.
2 min read · 18 January 2013
The Madrid-based firm Drago Capital and an unnamed North American institutional investor have bought Royal Bank of Scotland’s 50 percent interest in three buildings that Drago helped acquire in July 2008.
1 min read · 18 January 2013
The European and Asian firm is targeting €600 million for its MGPA Europe Fund IV. Investors so far have been limited partners in its previous fund, MGPA Europe III, which closed on €842 million in 2008.
1 min read · 18 January 2013
Major corporate pension fund invests with Pramerica for a UK ground rent strategy amid ‘growing trend’ of investors moving away from traditional products, such as index-linked gilts and corporate bonds.
1 min read · 18 January 2013
