A joint venture between JP Realty and KGW Real Estate is looking to raise $150m for office, industrial and land purchases primarily in three key cities
2 min read · 18 January 2013
The European fund manager has refinanced properties in Poland, Slovakia, Turkey, and the Czech Republic leased to or anchored by supermarket giants Tesco and Carrefour
1 min read · 18 January 2013
The London-based firm has acquired a package of 12 properties from private real estate firm Propinvest.
2 min read · 24 January 2013
The Carlyle Group has sold a large office in London to JP Morgan, just months after acquiring it as part of a wider portfolio for £671m. It was the latest in a busy month of acquisitions for the Wall Street Bank.
2 min read · 24 January 2013
The UK real estate investment arm of the $200bn Kuwait Investment Authority is poised to sell a large retail portfolio to Hammerson, the London-listed REIT. Suitors for others assets of a £900m portfolio placed on the market in September are also emerging.
1 min read · 24 January 2013
The Wall Street bank which houses property funds in its Global Real Assets Group, has bought the Bishops Square office complex in London’s financial district for its funds’ core property portfolio
1 min read · 24 January 2013
Former Goldman exec Martin Chavez has co-founded New MainStream Capital, which has $250m to invest.
2 min read · 24 January 2013
PERE can exclusively reveal that the National Pension Service of Korea is planning to make up to eight commitments of $150 million each to value-added and opportunity funds in 2011.
2 min read · 24 January 2013
The owner of 885 Third Avenue has filed a pre-negotiated bankruptcy plan for the asset after reportedly defaulting on a $210m loan. The Royal Bank of Canada, which supports the plan, had sued to force a sale of the tower.
2 min read · 24 January 2013
Mapletree Investments, the real estate investment and fund management business of Singapore’s Temasek Holdings, has completed the state-country’s largest REIT initial public offering, attracting S$1.19 billion for its Mapletree Industrial Trust.
2 min read · 24 January 2013