The London-based firm has acquired a package of 12 properties from private real estate firm Propinvest.
2 min read · 24 January 2013
TPG has further demonstrated its real estate ambitions with the $505m purchase of US real estate assets from global logistics giant ProLogis. The Dallas-based buyout titan has been steadily increasing its exposure to the sector.
3 min read · 24 January 2013
The mystery of who would be the fourth member of the equity syndicate for Gatwick Airport has been solved, with Australia’s Future Fund paying £145m for a 17.2% stake in the Global Infrastructure Partners-owned asset.
1 min read · 24 January 2013
The Carlyle Group has sold a large office in London to JP Morgan, just months after acquiring it as part of a wider portfolio for £671m. It was the latest in a busy month of acquisitions for the Wall Street Bank.
2 min read · 24 January 2013
An investor group advised by Moor Park Capital Partners has sold 48 local bank branches to the Pontegadea, private investment firm of the Inditex clothing retail founder, Armancio Ortega
2 min read · 24 January 2013
The UK real estate investment arm of the $200bn Kuwait Investment Authority is poised to sell a large retail portfolio to Hammerson, the London-listed REIT. Suitors for others assets of a £900m portfolio placed on the market in September are also emerging.
1 min read · 24 January 2013
Westbrook Partners emerged on Tuesday as a white knight for a respected London-based property company with good assets but in need of assistance.
4 min read · 24 January 2013
Three weeks ago, PERE caught up with Martyn McCarthy, European chief executive of Valad Europe, the multi-let specialist with €5bn of assets under management.
5 min read · 24 January 2013
The senior European managers of Sydney-based real estate fund manager Valad have made an indicative proposal to buy out the €5 billion platform
2 min read · 24 January 2013
The Wall Street bank which houses property funds in its Global Real Assets Group, has bought the Bishops Square office complex in London’s financial district for its funds’ core property portfolio
1 min read · 24 January 2013