The private equity real estate arm of the property services firm has purchased three office blocks in Los Angeles, New Jersey and West Palm Beach – including one building the firm previously owned more than four years ago.
1 min read · 21 January 2013
The London headquartered firm makes two senior appointments, reiterates focus on Italy.
1 min read · 21 January 2013
Seth Lieberman is heading up the new global real estate fund of funds platform for Italian firm, Advanced Capital, having most recently served as managing director of real estate finance for Europe, the Middle East and Africa at Swiss banking giant UBS.
2 min read · 21 January 2013
The founder and chairman of UK pub group, JD Wetherspoon, has warned private equity and property investment groups have had a “pretty disastrous” effect on the British pub industry after piling large debt loads onto some companies, according to a report.
2 min read · 21 January 2013
Despite the departure of George Bilicic as its head of infrastructure, the buyout shop is forging ahead with plans for its foray into the asset class.
2 min read · 21 January 2013
The firm says it has made aggregate returns of almost 70% from UFG Real Estate Fund I following the divestment of two more assets in St Petersburg, Russia. The assets were part of a 121-hectare industrial park, south of the city, and sold to a Russian manufacturing firm and logistics company.
1 min read · 21 January 2013
The property services firm makes its second raid on Barclays Capital in three months as it looks for a brighter future and creates a point of contact for private equity firms. Serkan Bektas will become DTZ's new head of capital markets, following in the footsteps of ex-Barclays COO Pail Idzik, who moved to be DTZ's CEO last November.
1 min read · 21 January 2013
AEW Europe has sold an asset in Hamburg acquired for its €759m European Property Investors fund, the predecessor to its second opportunity fund, which raised €788m last year.
1 min read · 21 January 2013
Close Brothers has warned that commercial property companies, banks and investors must look for creative restructuring and refinancing solutions in the face of a second wave of the credit crunch.
1 min read · 21 January 2013
Only half of the 32 participating private equity firms are in full compliance with the BVCA-backed Walker Guidelines, the first report shows. The guidelines were established in 2007 by David Walker. Participating private equity firms include The Blackstone Group, 3i and Kohlberg Kravis Roberts.
2 min read · 21 January 2013
