The European firm has bought the Forum Steglitz in Berlin for €70 million. The firm has acquired it from UK public listed company Hammerson.
1 min read · 21 January 2013
IDeA Alternative Investments has appointed as chairman Lino Benassi, whose chairmanships currently include Banca Italease and Credit Suisse Italy. IDeA plans to augment its private equity fund products with special situation, hedge, real estate and mezzanine products as well as to launch alternative investment firms in Southern Europe.
1 min read · 21 January 2013
The famed hotel on the French Riviera will be offered for sale next week through Jones Lang LaSalle Hotels. The 80-year-old property is used by film stars during the Cannes Film Festival.
1 min read · 21 January 2013
The bank has raised CHF300m for its dedicated green property fund, which will be listed on the Swiss exchange by 2013. The fund will target real estate in Switzerland only.
1 min read · 21 January 2013
New York-based Och-Ziff Capital Management Group is backing Max Property Group, a closed-ended company to be managed by London property firm Prestbury.
1 min read · 21 January 2013
Paris-based AEW Europe has completed a €119.5 million purchase of seven German and Dutch logistics assets from ProLogis European Property and a €16 million purchase of warehouse in France from Goodman.
1 min read · 21 January 2013
Robin Hubbard is joining the London office of Los Angeles-based property services firm CB Richard Ellis to help tap clients interested in equity commitments to limited partnerships, joint ventures, or club deals.
1 min read · 21 January 2013
The Wisconsin State Investment Board has committed an additional $40m to two real estate funds to help them delever, including $10m to Fortress’ Fund III.
2 min read · 21 January 2013
John Gellatly is quitting BlackRock for the UK insurer Aviva where he will be in charge of the firm’s multi–manager business in Europe.
1 min read · 21 January 2013
The global buyout firm has agreed to the terms laid out by the brewery’s parent InBev, which include its right – but not obligation – to reacquire the brewery within five years on ‘pre-determined financial terms’.
2 min read · 21 January 2013
