The industrial giants reach a ‘definitive agreement’ to merge their businesses. The value of their combined assets under management is expected to be approximately $46 billion.
3 min read · 18 January 2013
US firm Pramerica Real Estate Investors sees Stockholm residential property as an opportunity due to ‘clear demand’ and ‘scarce supply’.
2 min read · 18 January 2013
The news that ProLogis and AMB will merge underlines the notion that real estate’s ugly duckling is looking more attractive. By Jonathan Brasse
2 min read · 18 January 2013
With institutional investors underweight to the asset class by roughly 2%, industry professionals argue billions of dollars of additional capital will come back to global real estate, not least from sovereign wealth funds.
2 min read · 18 January 2013
The real estate investment arm of the insurance giant is launching an industrial development vehicle focused on Brazil and retail development fund targeting China. The funds could be limited to a small number of large LPs.
2 min read · 18 January 2013
In its seventh annual Investment Intentions Survey, INREV reported an increase in investor preference for single-asset class, single-country strategies. Top of the investor wish-list for 2011 is German retail.
2 min read · 18 January 2013
The New York firm, which only sold the landmark OpernTurm tower in the same city last month, said it would be developing a 40-storey office in joint venture with Commerz Real.
1 min read · 18 January 2013
With just under four days of voting left to go, industry executives are voting on the deal strategy of 2010: recaps or platform takeovers
2 min read · 18 January 2013
Netherlands-based Algemene Pensioen Groep has purchased a ‘substantial’ stake in a joint venture real estate opportunity fund invested in China residential developments.
2 min read · 18 January 2013
Having spent 2010 working to launch an Africa-focused fund, the former Doughty Hanson principal will succeed Simon Walker at the BVCA.
1 min read · 18 January 2013