Tim Turnbull, previously chief investment officer at the real estate arm of the BT pension fund, has joined Europa Capital to expand the firm’s fund relationships.
2 min read · 18 January 2013
The German-based company said it raised more than €200m ‘within a short space of time’ from institutional investors in order to buy the Silver Tower building in Frankfurt from Commerzbank.
2 min read · 18 January 2013
Following its $4 billion first close in August, the New York-based alternative asset manager is said to be holding an additional close of up to $700 million this week on its latest global real estate fund.
2 min read · 18 January 2013
The Toronto and New York-based alternative asset manager has continued its expansion of its European team with the hire of the former Jones Lang LaSalle head of indirect investment.
2 min read · 18 January 2013
The New York-based retirement fund has agreed to acquire the Perlacher Einkaufsparadies shopping centre in Germany from RREEF.
1 min read · 18 January 2013
The purchase of an additional 24% stake in the O'Parinor shopping centre in Aulnay-sous-Bois, France brings the Korean pension fund's ownership to 75%.
1 min read · 18 January 2013
The London-based private equity real estate firm, Brockton Capital, has bought a majority stake in data centre specialist, Virtus Data Centres. The fresh investment on behalf of Brockton Capital Fund II, will see the operator develop new facilities.
3 min read · 18 January 2013
The Charities Property Fund, which is managed by Cordea Savills and boasts 1,239 charities as investors, has delivered returns on UK property of just over 9 percent in the last 12 months.
2 min read · 18 January 2013
After acquiring its real estate investment management business in June, the Beverly Hills-based firm is acquiring a portfolio of London office, multifamily and retail property loan from the troubled Irish bank.
1 min read · 18 January 2013
Legal & General Property closes UK Property Income Fund on £300m of equity commitments from 14 institutional investors against a ‘tough’ fundraising climate.
2 min read · 18 January 2013
