Morgan Stanley Real Estate Funds have pledged to pump millions of extra dollars into Songbird Estates, alongside Qatar Holdings, CIC and Simon Glick, in a bid to prevent the property company from failing. Songbird is hoping to raise more than £800m in equity from a new share issue.
2 min read · 21 January 2013
PERE Magazine September 2009: The husband of Princess Anne now will lead the UK’s government property managers
1 min read · 21 January 2013
The Bahrain-based investment manager has reported a loss of $780m for the year ended June 2009, a significant portion of which is attributable to a $350m writedown of its private equity and real estate investments.
2 min read · 21 January 2013
The Bahrain bank, led by Sheikh Mohammed Issa Mohammed Al Khalifa, has committed £39m to three developments with London-listed student accommodation group, Unite.
1 min read · 21 January 2013
The Canadian pension CPPIB has teamed up with GIC Real Estate and a local property company to target Brazilian real estate.
2 min read · 21 January 2013
The private equity vehicle of US billionaire George Kaiser has completed the largest office deal in San Francisco so far this year. Argonaut Private Equity Group has bought a $40.8m note for the central business district office.
1 min read · 21 January 2013
A partnership between DHFL Venture Capital and Redwood Group have formed a joint venture to invest in warehousing real estate in India.
2 min read · 21 January 2013
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
