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
MGPA has added to investments in Italy, Greece and Poland with the €210m purchase of Hammerson’s Les Trois Quartiers office and retail building.
1 min read · 21 January 2013
The chief executive of Mumtalakat, the investment arm of the Kingdom of Bahrain, has outlined the fund’s strategy of expanding its investment horizons to areas including real estate. Investments will be made with third party fund managers and be done directly.
1 min read · 21 January 2013
The Chicago-based firm co-founded by Sam Zell and Gary Garrabrant categorically rules out investing in the US but says it wants to grow its five investments in Brazil real estate operating companies to at least seven or eight. The firm is also looking to China, Vietnam and Egypt for future deals.
2 min read · 21 January 2013
The Middle East developer famous for building Dubai’s landmark palm tree island, Palm Jumeirah, has reportedly received financial assistance from the state’s $10-billion bailout programme. It comes as a government agency cancels four developers’ projects in the country.
2 min read · 21 January 2013
An uptick in real estate investment activity by SWFs in 2008 may indicate a long-term investment trend, including helping to fill the debt financing void, according to a Deloitte report.
2 min read · 21 January 2013
Investors in Morgan Stanley’s $8bn MSREF VI International fund have been told to expect a 0.7x haircut. The firm will focus on preserving and generating liquidity, deleveraging and de-risking the portfolio and working through debt issues with lenders, LPs learned at a meeting in New York last week.
1 min read · 21 January 2013
The World Bank’s private investment arm aims to structure a public private partnership, which will modernise and upgrade the Prince Mohammed bin Abdulaziz International Airport.
1 min read · 21 January 2013
The Abu Dhabi Investment Company, whose real estate arm focuses on mixed-use developments in the MENA region, believes there is a 'window of opportunity' amid declining values.
1 min read · 21 January 2013
