The New York –based investor, which recently raised $1.4 billion for a dedicated European fund, has teamed with a Romanian developer and asset manager to construct a 115,000 square meter business park in Kiev.
1 min read · 22 January 2013
Dennis Lopez, head of real estate at asset-backed shop Cambridge Place, has joined an emerging markets firm owned by India's Khemka family.
2 min read · 22 January 2013
The mid-market buyout firm and fund of funds has recruited Dana Haimoff from JPMorgan as a partner, as Graphite’s listed investment trust trades at a discount on the public markets despite 14.3 percent net asset value gains in 2007.
2 min read · 22 January 2013
Former AIG head Hank Greenberg’s new firm has reportedly joined with Letterstone to create a Netherlands-based fund to buy developments in Eastern Europe.
1 min read · 22 January 2013
Two Finnish pension funds and two funds of funds managed by UK investment manager Schroders have made commitments so far as Sonae Sierra aims to raise a shopping and leisure center vehicle.
1 min read · 22 January 2013
Hypo Real Estate, the European property lender, is providing finance for the purchase.
2 min read · 22 January 2013
The US institutional money manager is opening in Munich as a base for its drive into direct Continental Europe property.
2 min read · 22 January 2013
The three private equity firms behind the UK gaming group are backing management with cash to see the business through its current travails. It is the first large buyout to restructure since the troubles in the credit market began.
2 min read · 22 January 2013
The pension’s overall annual return of 4.5 percent – its lowest return in five years – was boosted by alternatives. Teachers’ annual report said real estate was the highest performing asset class returning 14.7 percent.
3 min read · 22 January 2013
The New York Common Retirement Fund has taken a 51 percent stake in Shurgard, the European arm of US company Public Storage.
2 min read · 22 January 2013