The sovereign wealth fund has increased the headcount of its Asia real estate team to 12 with the appointment of Peter Kim from CBRE Global Investors as senior portfolio manager.
2 min read · 27 August 2013
Barry Sternlicht, chairman and chief executive officer of Greenwich, Connecticut-based Starwood Capital Group, hails the sale of four luxury hotels in France that were inherited as part of the 2005 takeover of conglomerate La Louvre as an important stage in the ‘monetisation’ of its portfolio.
2 min read · 27 August 2013
Despite talk about the need to diversify, when it comes to global institutions investing in European property, London is still the market to be in.
2 min read · 27 August 2013
Four deals totaling approximately $1.4 billion and centering on five office properties in London took place over the past few days, with foreign institutions as the buyers.
3 min read · 27 August 2013
Faris Mansour has joined from Macquarie Capital to help investors in the Gulf access and structure real estate transactions sourced internationally and locally.
2 min read · 27 August 2013
The Hong Kong-based private equity and real estate firm has held a second closing for its CITIC Capital China Retail Properties Investment Fund and is eyeing a final closing in March.
2 min read · 27 August 2013
Jones Lang LaSalle expects direct cross border transactions to rise significantly thanks in particular to striking growth in the savings industry of developing countries.
2 min read · 27 August 2013
The global investment firm has purchased 16 properties valued at roughly $120 million in the greater Houston and Chicago metropolitan areas.
2 min read · 27 August 2013
The steward of the $172.4 billion Canada Pension Plan will jointly own the Kista Galleria Shopping Centre in Stockholm in its first real estate investment in the Nordic region.
2 min read · 27 August 2013
In partnership with Clal Insurance and Image Capital, the Norfolk, Virginia-based private equity real estate firm has purchased the office tower at One South Wacker from TIAA-CREF.
2 min read · 15 January 2013