Land Securities, the UK’s largest real estate developer, and Canary Wharf Group, owner of assets in Canary Wharf, today announced a joint venture to build a 690,000 square foot office in the City of London. The Financial Times reported the building would be backed by sovereign wealth from China Investment Council and Qatar Holdings.
2 min read · 24 January 2013
The New York-based firm has sold part of its mixed-use development project, Bravern Office Commons, for $410m; eyes $120m of acquisitions in coming months.
2 min read · 24 January 2013
St Martins, the UK real estate investment arm of sovereign wealth fund, the Kuwait Investment Authority, is to switch its investment strategy to focus on trophy assets. In so doing, it plans to offload £900m of real estate currently on its books.
1 min read · 24 January 2013
The Singaporean sovereign wealth fund registered a portfolio value of S$186bn at 31 March 2010. Asia, and other growth markets including Latin America, remains its key investment focus for the next ten years.
3 min read · 24 January 2013
The New York-based firm has sold the first mortgage to the US coast guard’s Washington DC headquarters to Talos Capital for an undisclosed sum.
2 min read · 24 January 2013
London boutique bank targets conventional opportunity fund returns for Iraq investment vehicle. PERE Magazine July/August 2010 issue
1 min read · 24 January 2013
KKR is now bidding alone for the Australian hospital operator against a powerhouse trio comprising of Blackstone, TPG and Carlyle.
2 min read · 24 January 2013
In an unexpected move, Land Securities has sold a speculative 310,000-sq-ft mixed-use development site on Oxford Street to Qatar’s listed development company, Barwa. Prime London assets, including development sites, remain in strong demand.
2 min read · 24 January 2013
The real estate fund manager has added veteran real estate investor Mark Burton to its investment committee as an external member. Burton spent the past decade as CIO of Abu Dhabi Investment Authority and the Abu Dhabi Investment Council.
2 min read · 24 January 2013
Dolphin Capital Investors has gained final planning consents for its two Jony Jacklin-designed golf course at its flagship Cyprus development
2 min read · 24 January 2013
