The firm led by chief executive officer Amani Choudry aims to take advantage of falling property prices in the region with the Shariah-compliant vehicle. The firm is targeting a return of 12%-15% for investors.
2 min read · 21 January 2013
The former president of JER Partners in Europe has joined private property investment company Three Delta, which attempted to acquire Sainsbury’s supermarket group in the UK two years ago.
1 min read · 21 January 2013
PERE magazine July/August 2009.
2 min read · 21 January 2013
The Libyan Foreign Investment Company has become the latest sovereign wealth fund to invest in London commercial real estate directly.
1 min read · 21 January 2013
Hundreds of billions of dollars are sat on the sidelines waiting to invest in distressed corporate debt and real estate, according to funds lawyer Sandy Presant – but few investors will ‘jump’ now when opportunities could be better in six to 12 months time, a conference heard today.
2 min read · 21 January 2013
This month saw two direct investments in the City of London by Middle Eastern investors better known for making third party investments into blind pool, discretionary funds. PERE spoke with the agent behind these deals about their wind change in investment priorities.
2 min read · 21 January 2013
Israel’s Property and Building announced that it is considering paying UK REIT British Land for a stake in an office complex at Liverpool Street Station.
1 min read · 21 January 2013
Tokyo-based private equity real estate firm KK DaVinci is to sell DaVinci Select, the management unit responsible for the DA Office Investment Corporation J-REIT, to Japanese securities brokerage Daiwa Securities Group. The deal coincides with Daiwa’s purchase of a 13 percent stake in the J-REIT
1 min read · 21 January 2013
Two banks – one UK-based and the other from Bahrain – have combined to buy Milton Gate office block in the financial heart of London. UBS Global Asset Management is the seller.
1 min read · 21 January 2013
Hudson Global Capital Partners is seeking to raise £75 million for a vehicle called Open Sky to buy Central London property.
1 min read · 21 January 2013
