PERE responds to those asking if the publication’s London staff are barricaded in.
4 min read · 18 January 2013
Pradera follows up plans for an Egyptian retail fund with plans for a fund targeting investments in the Turkish retail real estate sector. The London-based firm has teamed up with Istanbul-based Krea Real Estate to launch the vehicle.
1 min read · 18 January 2013
The private equity firm was bidding alongside local operating partner Development Securities to develop at London’s Shell Centre in a £300m deal, but another consortium involving Canary Wharf Group backed by Qatar are now reportedly favourites.
1 min read · 18 January 2013
JER Partners is said to be in exclusive talks to transfer staff and asset management functions of JER’s Europe funds business to LaSalle in order to provide a more ‘stable platform’ for investors.
3 min read · 18 January 2013
Ernst & Young has been appointed receiver to a £1bn portfolio of Marriott hotels in the UK bought by Quinlan Private and clients of Israeli investor, Igal Ahouvi Group, in 2007.
2 min read · 18 January 2013
Middle East private equity firm reveals an increased capital raising target for its ASAS real estate fund in an interview with news agency Reuters. The fund’s investment strategy will take in Saudi Arabia, the firm said.
2 min read · 18 January 2013
A joint venture between JP Realty and KGW Real Estate has increased its fundraising target from $150 million.
2 min read · 18 January 2013
Peakside Capital, which took over the management of two former Merrill Lynch real estate opportunity funds in Europe last year, has acquired an office in London on vacant possession.
1 min read · 18 January 2013
The two equity partners have formed a new ownership structure with debt holders SL Green and Vornado to reposition the property at 280 Park Avenue.
2 min read · 18 January 2013
Specialist marina operator, developer and investor is looking to raise €50m in third party capital to help assemble an international portfolio.
2 min read · 18 January 2013