The UK-based association representing more than 20 investor institutions, including the Wellcome Trust, Hermes and the USS, is seeking to raise its profile and better represent LPs during the downturn.
2 min read · 21 January 2013
The Avon Pension Fund has appointed Schroders to manage a £90m UK property multi-manager mandate.
1 min read · 21 January 2013
The central Europe developer created by Irish private equity real estate firm Quinlan Private and Chicago's Golub is creating a residential complex called Modransky Haj.
1 min read · 21 January 2013
Global Infrastructure Partners and a consortium consisting of Citi Infrastructure Investors, Vancouver Airport Services and John Hancock Life Insurance have emerged among the bidders for the UK’s second-busiest airport. The sale is expected to achieve a 'significant premium' to its £1.7bn reserve.
3 min read · 21 January 2013
The German commercial real estate lender, partially owned by private equity firms JC Flowers and Grove International, has drawn down on €42bn of guarantees from the German government.
1 min read · 21 January 2013
President and chief executive of Allianz Real Estate Olivier Piani says it is the ‘best time’ to be growing a global organisation. The insurance company expects to grow its allocation to RE to 6% 'and maybe more', with up to a third focused on the US and Asia respectively.
2 min read · 21 January 2013
Administrators to Lehman Brothers in Europe have put the first few propety assets up for sale, most of them being joint ventures. PricewaterhouseCoopers says it has logged more than 300 expressions of interest in Lehman’s real estate investments since the bank collapsed.
1 min read · 21 January 2013
The Germany focussed firm in which Morgan Stanley has a significant minority stake, has sold the “Grünhof” commercial centre in Frankfurt.
1 min read · 21 January 2013
The firm says it has raised equity from investors for deployment across the country.
1 min read · 21 January 2013
The New York-based private equity firm is reportedly on the brink of making up to 27 of its 275 employees redundant.
1 min read · 21 January 2013