The European Union-focused infrastructure fund is expected to hold a second close early next year. DIF’s first infrastructure fund, DIF PPP, is now almost fully invested and its renewable energy fund is expected to be fully invested by the first quarter of 2009.
2 min read · 22 January 2013
The Chicago-based US property investment manager is reportedly planning to pick up bargain properties in the UK, with an expected close scheduled for the first quarter of next year.
1 min read · 22 January 2013
An open-ended property fund managed by UK insurance group Aviva has been forced to suspend dealings following rapid increases in redemptions. The UK fund manager's problems mirror those of German open-ended funds.
2 min read · 22 January 2013
The office markets of both cities were expected to see a short-term drop in rents, with London the harder hit of the two cities over the next two years, according to a report from CBRE Investors. Long term rental growth in both cities will be driven by supply.
2 min read · 22 January 2013
The UK private equity firm sold its stake in trucking company Transports Alloin to a Swiss logistics group that is looking to expand in France.
1 min read · 22 January 2013
China's real estate sector has expanded in terms of investment deals, with $25bn of property transactions in the first half of the year. However it has been mainly driven by domestic investors. Deals by foreign firms declined by more than two-thirds over the past year.
2 min read · 22 January 2013
The US pension committed €200m to Blackstone’s latest Europe-focused property fund, Blackstone Real Estate Partners Europe III.
1 min read · 22 January 2013
Though the results reflect a slowed investment pace constrained by bank lending, the listed infrastructure fund headlined £50.3m in profits. Managing partner Michael Queen said 3i Infrastructure wants to be part of a Gatwick Airport deal.
2 min read · 22 January 2013
The UK fund manager has announced a partnership with Saudi Arabian banking firm Watan Investments, which would see the duo raise funds in the Gulf region to target regional opportunities as well as investments in the UK and Europe.
2 min read · 22 January 2013
A hospitality investment fund set up by three Arab Gulf banks plans to raise $300m by the first quarter of next year, according to reports. It has already signed agreements for six deals in the Middle East and India.
2 min read · 22 January 2013