The Marshall Real Estate Management Fund will target distressed late-stage construction projects and real estate in Moscow. The firm said assets were trading at 'considerable discount' thanks to the credit crunch.
1 min read · 22 January 2013
The real estate management subsidiary of BNP Paribas Real Estate now has more than 25m square metres of commercial real estate under management in Europe.
1 min read · 22 January 2013
The emerging markets-focused firm has already invested 12% of the fund, which will limit its use of leverage to deals in South Africa and Southeast Asia.
2 min read · 22 January 2013
The German fund manager says it is reviewing its planned purchase of the Mall of Sofia shopping centre from GE Real Estate and Quinlan Private, in light of the deteriorating financial crisis. Degi says it is vital to recheck all the financial details again.
1 min read · 22 January 2013
The Wall Street firm, whose European property fund business is based in London, has paid £32 million for Georges Retail Park in Leicester, UK.
1 min read · 22 January 2013
Why the collapse of the UK retailer, with its 800 stores, is unlikely to arouse much interest from private equity real estate funds.
3 min read · 22 January 2013
The US-based growth investor has brought on Fernando Marques Oliveira as managing director to spearhead the firm’s ramped-up investment activity in Latin America. General Atlantic last month invested in Brazilian healthcare insurance group Qualicorp.
2 min read · 22 January 2013
The second-largest pension fund in the UK is increasing its headcount as it seeks to grow its private equity allocation.
1 min read · 22 January 2013
The British Opportunities Fund managed by Managing Partners Limited says it has bought 18 homes in one particular street in Portsmouth because prices have dropped up to 40 percent in some cases.
2 min read · 22 January 2013
A firm set up by Perry Kurash, who cut his teeth at private property company Topland, has established a corporate finance house with four others to source Middle Eastern capital looking for a home in property.
2 min read · 22 January 2013