The Hong Kong-based private equity and real estate firm has held a second closing for its CITIC Capital China Retail Properties Investment Fund and is eyeing a final closing in March.
2 min read · 27 August 2013
The former senior managing director of client services at Legacy Partners Commercial will advise JPMorgan’s US institutional clients on global real estate investment strategy. He will work out of the banking giant’s San Francisco office.
1 min read · 27 August 2013
The Boston-based real estate firm’s latest value-added fund is expected to close near its hard cap, which has been increased to $1.575 billion, during the first quarter.
2 min read · 27 August 2013
The venture, which includes the Boston-based investment firm and Washington DC-based MRP Realty, has acquired the Air Rights Center in Bethesda, Maryland for $240 million.
1 min read · 27 August 2013
Earlier this week, Basel III restrictions fell victim to pressure from banks, and there are now calls to dilute the Volcker Rule as well.
3 min read · 27 August 2013
The subsidiary of global asset manager Invesco has hit the fundraising trail for an $800m opportunity fund and a rare open-ended, core focused vehicle for which it expects to attract $1bn in five years.
2 min read · 27 August 2013
The Europe and Asia focused private equity real estate firm has moved quickly to find a replacement from within in the form of Tom Lee.
2 min read · 27 August 2013
With just over one week before voting closes, time is running out for you to decide on the best performers in real estate in 2012. Your vote is particularly crucial in several races that are extremely tight.
2 min read · 27 August 2013
The consortium is purchasing grocery chains Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market from US retail giant Supervalu, as well as the underlying real estate. In addition, a Cerberus-led investment entity will purchase up to 30 percent of Supervalu’s outstanding shares.
2 min read · 27 August 2013
The $39.2 billion pension plan will be issuing a request for proposals this week for one or more new separate account equity managers to each oversee an initial $200 million of capital.
2 min read · 27 August 2013
