Industrial markets in North America, Western Europe and export-led economies are in for a difficult 2009, according to Cushman & Wakefield. However, emerging markets fared better, with rents in Rio de Janeiro rising by a staggering 46%.
2 min read · 21 January 2013
The real estate arm of global asset management group Franklin Templeton Investments holds a final close for its Asian multi-manager product.
1 min read · 21 January 2013
The private equity firm, who along with Grove International Partners and Shinsei Bank invested €1.1bn for a 24% stake in the bank in June last year, said it wants to remain as shareholders for ‘good or bad’. The firm's founder told German lawmakers to seize control of the bank would be an 'extreme step'.
2 min read · 21 January 2013
The UK fund manager is acquiring two retail properties in the south east of England following the establishment of the firm in March 2008.
1 min read · 21 January 2013
The UK buyout firm has paid a reported A$425m for Australian billionaire James Packer’s network of 17 beef ranches.
2 min read · 21 January 2013
Commercial property prices in Britain have fallen by 40% from their peak, however the office market felt the most pain with rents falling by 1.74% in February – three times greater than any other sector. The pace of decline in capital values though eased slightly.
2 min read · 21 January 2013
Allianz Real Estate, which has €10 billion to spend over the next five years, is close to filling a role in France as global chief executive of real estate Olivier Piani continues to organise the business.
1 min read · 21 January 2013
Russian steelmaker Novolipetsk Steel will pay the buyout firm less than half the maximum possible damages for withdrawing from the $3.53bn acquisition of John Maneely, a deal struck last August.
2 min read · 21 January 2013
Natixis Capital Partners has closed its third fund on €420m for investment into corporate real estate in Benelux, France, Germany, Italy and Spain.
1 min read · 21 January 2013
The French bank's real estate asset management group is taking advantage of a change in domestic laws allowing it to access a wider pool of capital, not just French retail investors.
1 min read · 21 January 2013
