Plans for a $200m-$500 opportunity real estate fund are on ice owing to a lack of international investor interest in UAE real estate. The plans are part of wider strategy to streamline its focus to private equity and listed equities.
2 min read · 24 January 2013
The former head of institutional funds at IVG Group is to run the German fund business of Switzerland-based private equity real estate firm, Corestate Capital
1 min read · 24 January 2013
New York-based Westbrook Partners is providing finance for a London student housing project to Victoria Hall, a subsidiary of O’Flynn Group, one of Ireland’s developers whose loans are reportedly being transferred to Irish ‘bad bank’, The National Asset Management Agency (NAMA)
2 min read · 24 January 2013
The real estate investment firm has teamed up with Pacific Property Company to buy 248 multifamily units from US REIT, BRE Properties.
1 min read · 24 January 2013
The acquisition of 600 Lexington Avenue by the US REIT has been closely watched by real estate investors amid speculation a price bubbling is gripping the city. The deal, for which SL Green is looking for a JV partner, values the property at $636-a-square-foot.
2 min read · 24 January 2013
Steven Bass, managing director of CBRE Investors’ strategic partners team in Tokyo has joined the real estate group of Asia investment firm, Ajia Partners, as a managing director.
1 min read · 24 January 2013
The one-time world’s largest private equity real estate investment fund, Morgan Stanley Real Estate Fund VI International, is on course to lose almost two-thirds of its equity.
2 min read · 24 January 2013
Chicago-based real estate investment firm LaSalle has announced internal promotions in Canada, Europe and Asia
1 min read · 24 January 2013
Tower 42, London’s tallest occupied skyscraper, is reportedly up for sale this week by Hermes Real Estate and Blackrock’s UK property fund.
1 min read · 24 January 2013
Jean-Paul Gauzes, the rapporteur for AIFM, has suggested a way of replacing the controversial third-country rules.
2 min read · 24 January 2013
