The UK budget hotel group Travelodge has teamed up with Meghraj to attract capital for a property fund that will acquire struggling hotels.
1 min read · 21 January 2013
The cash infusion will help Goodman meet liabilities this year. The Australian property group says the agreement with CIC also envisages the pair working on a broader strategic relationship.
2 min read · 21 January 2013
The US firm is making the investment for the CB Richard Ellis Strategic Partners Europe Fund III.
1 min read · 21 January 2013
The country is the most active “exporter” of real estate investment capital to date in 2009, according to Real Capital Analytics. Global transaction volumes in 2Q were an estimated $48.6bn – almost level with 1Q. Plateau has been reached but 'no recovery in sight'.
1 min read · 21 January 2013
Paul Whight, a British property entrepreneur, is making a comeback to the UK retail park sector with a new fund. The Cadena Retail Estate Fund is aiming to raise £150 million.
1 min read · 21 January 2013
Two banks – one UK-based and the other from Bahrain – have combined to buy Milton Gate office block in the financial heart of London. UBS Global Asset Management is the seller.
1 min read · 21 January 2013
The firm’s green property fund has acquired an office in Edinburgh from Hermes Property Unit Trust for £23.9 million. The strategy of the fund is to work with occupiers to improve sustainability and reduce operating costs.
1 min read · 21 January 2013
The listed property vehicle has acquired a distribution unit in England for £19 million.
1 min read · 21 January 2013
Seven key takeaways from the PERE Forum Europe, convened in London this week.
3 min read · 21 January 2013
Denmark’s largest pension fund is to planning to mitigate future risk by committing its equity in smaller portions to more smaller funds as well as participating in “club style” investments. These themes were also voiced at this week’s PERE Forum: Europe in London.
1 min read · 21 January 2013
