Argonaut Private Equity, an investment firm of US billionaire George Kaiser, has teamed up with hotel real estate and management company Aimbridge Hospitality for a $100m co-investment fund. The partnership marks Argonaut’s foray into hotel investments.
2 min read · 24 January 2013
Participants at last month’s UK Roundtable say the incoming directive on Alternative Investment Fund Managers will lead to a more professional sector and is not something that should be feared, however a lobby effort on some of the more draconian elements would be welcome.
2 min read · 24 January 2013
Alan Bear has joined the principal real estate advisory and investment arm of Alvarez & Marsal as managing director to help grow the platform and source capital for asset and portfolio-level recapitalisations.
1 min read · 24 January 2013
Private equity real estate fund managers in Europe have had no single voice to argue against the worst elements of the EU’s AIFM directive. They may repent at leisure.
3 min read · 24 January 2013
Now Highstreet, a consortium of property investors including Goldman Sachs which owns the majority of Karstadt properties, makes a bid to take over the operational-side of the business
2 min read · 24 January 2013
The Government of Singapore Investment Corporation (GIC) is reportedly considering listing part of its property assets in an initial public offering valued at up to $1bn.
1 min read · 24 January 2013
UK watchdog OFT is launching the first ever ‘stock take’ on the nation’s infrastructure
2 min read · 24 January 2013
OFI REIM, a real estate investment manager focused on office buildings and the Paris region has teamed up with the UK’s F&C REIT, to raise nearly €100m for their second fund together
1 min read · 24 January 2013
Dr Matthias Thomas was named today as the replacement for Lisette Van Doorn, who has rejoined ING Real Estate Investment Management as a fund manager in Italy. He joins from the Real Estate Management Institute in Germany.
2 min read · 24 January 2013
Bill White, president of New York City’s Entrepid museum, has reportedly stepped down. The New York Attorney General's office had subpoenaed White’s firm about fees it received from City Investment Fund, the real estate investment platform established by affiliates of Fisher Brothers and Morgan Stanley Real Estate.
2 min read · 24 January 2013