St Martins, the UK real estate arm of the $200bn Kuwait Investment Authority, has made further inroads into its plan to sell £900m of its UK real estate after agreeing the sale of three assets to a club fund involving AREA Property Partners.
2 min read · 18 January 2013
The London-based private equity real estate firm has appointed placement agent Monument Group to raise Patron Capital LP Fund IV, which could be one of Europe’s largest opportunity funds in the market this year.
2 min read · 18 January 2013
Gerald Ronson, one of the UK’s best known developers whose Heron International is backed by a number of wealthy US businessmen and Middle Eastern investors, has formed Ronson Capital Partners to buy UK real estate.
2 min read · 18 January 2013
Insurer reaches halfway point in its quest to raise ‘innovative’ UK Property Income Fund. Legal & General Property's head, Bill Hughes, says raising equity remains a challenge, yet he is delighted with the success so far.
2 min read · 18 January 2013
London-based opportunity fund manager, Brockton Capital, has acquired The Mailbox in Birmingham, the UK’s largest mixed use building, for £127.1m for Brockton Capital Fund II.
1 min read · 18 January 2013
The fund of funds has bought two secondaries positions in a shopping centre trust and student accommodation vehicle.
2 min read · 18 January 2013
Bank continues managing out the ill-fated fund that was briefly the largest private equity real estate vehicle in the world when it closed on $8bn in 2007.
2 min read · 18 January 2013
Landmark Partners' chief executive officer, Francisco Borges, says at $718m, Landmark Real Estate Fund VI is the largest single-pooled real estate secondary fund ever raised, while the market is still in the ‘early innings’ of the cycle.
2 min read · 18 January 2013
KKR's new head of real estate Ralph Rosenberg and chief administration officer Todd Fisher talk PERE through the buyout titan's plans for the asset class.
10 min read · 18 January 2013
Nearly 64 percent of investors polled by South African bank and asset manager Investec believe banks have either already begun releasing their distressed assets back into the market or will start over the course of the year.
2 min read · 18 January 2013
