It may seem an odd time to be ramping up exposure to the fund administration industry, but to those involved in real estate it makes perfect sense.
2 min read · 22 January 2013
The Morristown, New Jersey-based private equity real estate firm has sold its East Towne Shopping Center in Madison, Wisconsin. The property was owned by the firm’s Hampshire Generational Fund, which targets high-net-worth investors.
1 min read · 22 January 2013
The Bahrain-based investment bank has completed what it says is France’s largest LBO this year, in the form of a secondary deal for Compagnie Européenne de Prestations Logistiques. Sagard purchased the company in 2005 for an undisclosed sum, and has exited for an estimated €500m.
2 min read · 22 January 2013
The president of private equity real estate firm GoldenTree InSite Partners, Tom Shapiro, has warned the US real estate market is in store for more pain ahead as fundamentals, such as rents, weaken. It comes as UK real estate company, British Land, said prospective rents were “drifting downwards.”
2 min read · 22 January 2013
The firm’s European real estate fund has invested in a warehouse park in Bucharest for €104m.
1 min read · 22 January 2013
The German property company has launched a €500m fund to acquire and develop warehouse units. The move comes as a number of investors launch UK vehicles as a recovery play. The firm has reportedly reached agreement on two assets valued at £40m.
1 min read · 22 January 2013
A report by PCA to the $234bn California pension fund has highlighted China and India as the most attractive emerging markets in which to invest. The pension will next week consider backing calls to allocate significantly more capital to emerging markets over the next decade.
2 min read · 22 January 2013
A consortium headed by the Qatari Investment Authority is reportedly finalizing a deal to acquire the UK property outsourcing business Trillium from Land Securities.
1 min read · 22 January 2013
Increased commitments at Morgan Stanley Real Estate is the reason given for the retirements of Gabriela Gryger and Gavin MacDonald from the board of Songbird Estates, the consortium that majority owns Canary Wharf in London.
1 min read · 22 January 2013
New York’s Apollo Real Estate Advisors is in talks to form a joint venture with the German business of UK public property company Capital & Regional.
1 min read · 22 January 2013
