The real estate arm of the US pension fund and asset manager is targeting commercial real estate opportunities in the UK and Europe with its first international office. Former Invesco retail executive Paul Wilson will lead the effort.
2 min read · 22 January 2013
The Australian group with a sizeable European presence has bought a prime central London student accommodation development for around £30m.
1 min read · 22 January 2013
Emerging markets accounted for a quarter of all property sales during the first half of 2008, compared to just 10 percent a year ago. More than 9,000 properties valued at $306bn were sold in the first six months of this year.
3 min read · 22 January 2013
An aging population and increasing demand for improved healthcare are putting focus on the growing life science-related real estate sector in the US, according to a report by CBRE. The San Francisco Bay Area, home to more than 800 biotech companies, is one of the largest markets.
2 min read · 22 January 2013
The British Land managed vehicle has expanded its assets with purchases in Portugal and Italy.
1 min read · 22 January 2013
Development, agricultural or beachfront-land is proving the next hottest commodity for private equity real estate.
2 min read · 22 January 2013
The Oman Investment Fund acquires half of the hotel chain from the Dublin-based private equity real estate firm, just one year after Quinlan purchased Jurys Inns for €1.17bn. The deal will allow Quinlan to take advantage of falling real estate values in the UK.
2 min read · 22 January 2013
The New York-based private equity real estate firm is in the final stages of closing its third European real estate fund, Blackstone Real Estate Partners Europe III. The firm is also raising a distressed real estate fund led by former Merrill Lynch Americas real estate head, Mike Nash.
2 min read · 22 January 2013
The bank already earns fees from servicing private equity, real estate and infrastructure funds from an office in London, but is now opening in Jersey in a bid to capture more clients.
1 min read · 22 January 2013
The Russia-based asset management firm has held a first close for its follow-up real estate fund. The first vehicle raised $130m last year, for which all the capital has been invested. The latest fund is expected to close on $300m in November.
1 min read · 22 January 2013
