The New York-based developer and owner has sold the waterfront trophy on behalf of its US Office Fund to MEPT.
2 min read · 18 January 2013
Firm headed by ex-Cerberus executive Saul Goldstein has purchased the AOC building in Frankfurt, the first deal for its €238 million distressed property fund.
1 min read · 18 January 2013
The New York retirement fund has created a joint venture with the Netherlands-based pension group for stakes in a retail portfolio valued at $1.53 billion.
2 min read · 18 January 2013
The London-listed property services firm’s is now at the centre of a competitive bidding process after a deal with France’s BNP Paribas fell apart this week.
2 min read · 18 January 2013
The London-based real estate investment management firm has made appointments in North America, Korea, and the UK to help facilitate the needs of institutional investors keen to commit capital to European investments.
2 min read · 18 January 2013
The Townsend Group has underwritten a cornerstone investment in its first UK offering, the open-ended AEW UK Core Property Fund, on behalf of a large, unnamed pension fund client.
3 min read · 18 January 2013
The Garden State's investment division has resolved to commit to the Greenwich, Connecticut-based private equity real estate firm's US opportunistic fund.
2 min read · 18 January 2013
The London-listed property services firm’s slated merger with France’s BNP Paribas has fallen apart. Its chairman and chief executive blame the collapse on the wider financial issues in the Eurozone.
2 min read · 18 January 2013
The former co-head of McKinsey's North America asset management practice has replaced Charles Lowrey as leader of the Prudential’s investment management subsidiary.
1 min read · 18 January 2013
The Singapore-based firm has raised the first $300 million for its ARA Asia Dragon Fund II opportunity fund thanks largely to support from the Teacher Retirement System of Texas. A second $200m closing is expected by the end of next month.
2 min read · 18 January 2013