Six modernist housing estates in Berlin, including one owned by Pirelli Real Estate and the private equity real estate arm of Deutsche Bank, have been given the same protection as the Great Wall of China and the Great Barrier Reef after being named a World Heritage site by Unesco.
1 min read · 22 January 2013
The LA-based real estate firm has made three senior appointments for its global multi-manager business, two in London and one in Boston.
2 min read · 22 January 2013
Two of the firm’s funds have entered into a sale-leaseback agreement to buy the properties for €37m. The deal highlights the continuing interest from US investors in the German real estate market.
1 min read · 22 January 2013
The New York-based private equity firm has made its second significant investment in the renewable energy sector with an agreement to invest in a wind farm off the coast of Germany.
2 min read · 22 January 2013
The Australian property firm has held a first close on its €500 million fund to invest in French industrial property.
1 min read · 22 January 2013
A £375m property joint venture between real estate investor aAim and UK car dealership Pendragon and has breached banking covenants according to the Sunday Telegraph. The investors have been asked to inject £20 million into the venture.
1 min read · 22 January 2013
The London-based investment bank with significant property holdings has appointed Ernst & Young to restructure some of its investments.
2 min read · 22 January 2013
With the credit crunch showing no signs of easing, REITs globally are looking increasingly stressed.
2 min read · 22 January 2013
The firm has hired former AXA REIM professional Fabio Donato for its Italian office and has made a new acquisition in the country, investing in an unoccupied site in Rome.
1 min read · 22 January 2013
Global Infrastructure Partners and energy company Fortistar have acquired the bankrupt Texas power generation plant, Channelview, after US courts approved the deal last month.
2 min read · 22 January 2013
