ProLogis European Properties, the listed European division of Denver-based ProLogis, has sold five distribution assets in the UK to the US alternative asset management firm, Harbert Management Corporation.
2 min read · 21 January 2013
F&C REIT Asset Management has appointed Angus Henderson as its new head of business development as plans a £300m UK opportunity fund. Henderson was responsible for launching new AXA Real Estate products in Europe and Asia.
2 min read · 21 January 2013
The Canada Pension Plan Investment Board has agreed to inject equity into a retail park fund advised by REIT, British Land, and managed by Schroder Property.
2 min read · 21 January 2013
In an effort to find and manage investments in the Iberia region on behalf of its third European real estate fund, the Washington DC-based firm has enrolled the services of a Lisbon-based partner.
2 min read · 21 January 2013
ING Real Estate Investment Management European managing director Wilson Lee has left the firm one year after joining to help launch its first global real estate opportunity fund. Plans for the $1.5 billion vehicle were shelved earlier this year.
2 min read · 21 January 2013
Which private equity real estate firms are best positioned to take advantage of the current real estate crisis? Have your say in PERE’s upcoming feature.
1 min read · 21 January 2013
The UK listed fund manager says the outlook for commercial property in the UK remains ‘extremely challenging’ as it reports a 13 percent fall in the value of its assets under management for the six months to 31 May 2009.
2 min read · 21 January 2013
Start-up company NewRiver Retail has postponed plans to raise equity on London’s Alternative Investment Market, the junior London Stock Exchange.
1 min read · 21 January 2013
Europa Capital boosts its team by hiring Tim Neslen, formerly of Goldman Sachs’ Real Estate Principal Investment Area (REPIA). Meanwhile the firm has bought a £70m UK shopping centre through its Europe Fund III, which closed on €600m in June 2008.
2 min read · 21 January 2013
Deutsche Bank is still in talks with RCG Longview and George Comfort & Sons over the sale of the former Harry Macklowe office. Sources say the deal collapsed after being rejected by the bank’s board in Germany.
2 min read · 21 January 2013
