Regulators' recent remarks have heightened confusion about how to value portfolios in today’s volatile economic climate, writes Andy Thomson.
2 min read · 22 January 2013
London’s Chayton Capital and a global investment firm led by Maurice 'Hank' Greenberg, the former AIG chairman, has acquired a majority stake in a Hungarian firm. The company will be headed by current head of Central Europe at Axa Real Estate Investment Managers, John Verpeleti.
2 min read · 22 January 2013
The $38.3bn pension has committed $50m apiece to Blackstone, GI Partners and Edgewater. The fund also said it is cooperating in a federal investigation into an alleged kickback scheme.
2 min read · 22 January 2013
The investment firm has acquired a majority stake in the Dubai-based business and intends to expand it regionally.
1 min read · 22 January 2013
The $1.7bn pension started investing in real estate just three years ago, however it is now considering increasing its target allocation by 3% and investing in international real estate for the first time. The plan said it was 'shutting off two-thirds' of the world by focusing on the US.
2 min read · 22 January 2013
The Canadian pension has set aside an additional C$1.4bn to invest with opportunistic fund managers, and directly, targeting US and UK distressed real estate.
2 min read · 22 January 2013
The New York-based firm is planning a final close of its latest European real estate vehicle in the New Year, according to a director of the firm speaking at a conference in London today.
2 min read · 22 January 2013
The German commercial real estate lender is the first private sector group to ask for help from Germany’s €500bn bailout fund as it waits for the arrival of a previously agreed €50bn rescue package.
1 min read · 22 January 2013
The German commercial real estate lender is the first private sector group to ask for help from Germany’s €500bn bail-out fund. Hypo says the injection is needed while it waits for its previously-announced €50bn rescue package to come through.
1 min read · 22 January 2013
The Spanish construction company will finance, design and build additions to Florida's I-595 corridor in the next five years and then operate and maintain it for an additional 30 years. Florida will control the rates and collect tolls.
2 min read · 22 January 2013
