The global sale and leaseback specialist has completed a deal to buy a six property-strong portfolio of logistics properties from C1000, the Dutch supermarket company. The deal follows $1 billion of investments in Europe by the New York-listed form last year.
2 min read · 18 January 2013
Christoph Schumacher has left after six years as the head of indirect investments of the insurance group’s asset management arm.
1 min read · 18 January 2013
Phillip Burns is joining Zug, Switzerland-based private equity real estate firm, Corestate Capital, having worked at Guy Hands’ firm for eight years.
1 min read · 18 January 2013
A deal costing CB Richard Ellis approximately €1bn could be finalised “within the next few weeks”. If successful, it would result in the creation of the world’s largest real estate investment management business.
3 min read · 18 January 2013
Benson Elliot Capital Management has teamed up with London-based developer Stanhope to purchase a majority stake in large office-led development in Reading, west of London. It was the first investment made from the firm’s €510m second fund.
1 min read · 18 January 2013
Norway’s sovereign wealth fund, Government Pension Fund Global, is aiming to make minimum outlays of $500m per deal. The fund, managed by Norges Bank Investment Management, plans to take 25 percent to 85 percent stakes in its investments as it seeks alignment interests with its partners.
2 min read · 18 January 2013
The city’s airport management arm is seeking investor feedback on a deal that would privatise Los Angeles’ Ontario Airport without going through the Federal Aviation Administration’s pilot privatisation programme.
3 min read · 18 January 2013
The London-based insurer has been chosen by Dutch pension fund, Stichting Pensioenfonds Medisch Specialisten, to manage its 34 unlisted real estate holdings and to advise on its future strategy in the sector.
1 min read · 18 January 2013
The New York firm has bought Castlegate shopping centre in Stockton-on-Tees with Lathe Investments for £30m.
1 min read · 18 January 2013
Rob Reiskin, formerly of AEW Europe, has joined Chicago-based Heitman to help run its operation in Europe alongside Otis Spencer
1 min read · 18 January 2013