Real estate funds raised just $57bn during 2008 – compared to $85bn in 2007 – with Asia the investment destination of choice.
2 min read · 22 January 2013
The board of directors at Pirelli RE has reviewed and approved actions for further reorganisation of the company as part of a restructuring. They are responding to the changed scenario and prospects for the real estate sector.
2 min read · 22 January 2013
The C$117.4 billion Canada pension fund is the first investor in Multi Corporation’s retail fund. The fund comprises 21 retail development projects throughout Turkey. CPPIB say Turkey is one of the 'most promising' developing markets in Europe.
1 min read · 22 January 2013
Pending a final decision due next year, the UK’s Competition Commission may require British airport operator BAA to sell the two airports in addition to its sale of London’s Gatwick Airport, which is already underway.
2 min read · 22 January 2013
The investment bank has formed a $500m joint venture with the National Bank of Abu Dhabi to target mezzanine investments in the UK and German property markets.
1 min read · 22 January 2013
The student housing developer has sold 13 properties across the UK to the Unite UK Student Accommodation Fund, its own co-investment vehicle.
1 min read · 22 January 2013
Fund managers will however see opportunities in REITs, discounted fund interests, non- and partially-performing loans and defaulting land and development deals, according to LaSalle Investment Management’s annual strategy report.
2 min read · 22 January 2013
The European industry property company says the general freeze in real estate transactions has prevented it from selling as much of its Italian portfolio as it had hoped. By year end, Spazio says it expects to have sold just €70m, half its original target.
2 min read · 22 January 2013
James Elton has resigned from aAIM group, a week after its UK real estate vehicle went into administration.
1 min read · 22 January 2013
The real estate services firm has added a new managing director in its Poland office as it continues to target the country’s growing real estate market. CBRE advised on the sale of GE Real Estate's 3 Stawy shopping centre in Poland in October to German investment firm, Union Investment Real Estate.
1 min read · 22 January 2013
