John McCarthy, Starwood Capital Group’s global head of asset management, who held a similar role for the real estate division of collapsed Wall Street bank Lehman Brothers, is expected to join ADIA’s Real Estate Department next month.
2 min read · 17 January 2013
The National Bank of Abu Dhabi is opening up a Middle Eastern property fund to global financial investors, having received a commitment from the Gulf Investment Corporation.
2 min read · 17 January 2013
The Jeddah-based boutique investment and asset management firm has included a London development fund on its slate of new investment vehicles for 2012. It would be the first time Al-Khabeer has invested outside of the Gulf region.
2 min read · 17 January 2013
The $80.4 billion pension plan has approved equity commitments to Principal Enterprise Capital and Aevitas Property Partners to help expand its investments in private real estate operating companies.
2 min read · 17 January 2013
Peakside Capital’s €261m European real estate opportunity fund, inherited as part of its spin out from Bank of America Merrill Lynch Global Principal Investments, is closer to being fully invested following the acquisition of the German headquarters building of chemical group Solvay.
2 min read · 17 January 2013
Increased construction, a growing economy and the impending closing of two funds focused on investments in Turkey point to a possible increased investor appetite within the market. However, it still has a long way to go before being the next Brazil.
3 min read · 17 January 2013
The Istanbul-based investment firm has placed an unoccupied palace and two student housing developments in Turkey into its first opportunistic real estate fund.
3 min read · 17 January 2013
The Bahrain-based investment firm, which invests in private equity and real estate, filed for Chapter 11 bankruptcy protection with the US Bankruptcy Court for the Southern District of New York after failing to refinance a $1.1 billion credit facility.
2 min read · 17 January 2013
Luxembourg-domiciled Aeriance, which is sponsored by a Kuwaiti sovereign wealth fund, has revealed at MIPIM that it plans to bring to market a €500 million-plus senior debt fund.
2 min read · 17 January 2013
Gerardine Davies, formerly of Aegon Asset Management, joins BNP Real Estate as UK head of investment management as the €12 billion platform looks to expand its international reach.
2 min read · 17 January 2013
