The New York-based retirement fund has purchased the 1 million-square-foot Festival Place Shopping Centre in Basingstoke from Grosvenor Fund Management for £280 million.
2 min read · 17 January 2013
Scott Dwyer, formerly the general manager for ING Real Estate’s asset management business in Europe, has joined the Chicago-based real estate investment management firm as its new head of portfolio management in Europe.
2 min read · 17 January 2013
The private equity real estate firm, MGPA, has held a first close on MGPA Asien Spezialfonds, raising the equity exclusively from German institutional investors.
2 min read · 17 January 2013
Speaking on the opening day of the annual AFIRE conference, the global head of Blackstone's real estate group said the firm's success comes down to a simple strategy of team continuity and buying at a discount. In the US, a lack of new construction was giving the firm even greater confidence in the asset class.
2 min read · 17 January 2013
Douglas Kinney has joined the Washington, DC firm after more than two years at Greenhill’s Chicago office. The move will bolster Carlyle’s global real estate fundraising efforts, after raising $2.3 billion for its sixth US opportunity fund last year.
2 min read · 17 January 2013
The London-based private equity real estate firm has raised the largest opportunistic real estate fund for Europe so far this year.
2 min read · 17 January 2013
The Greenwich, Connecticut-based firm is expected to round out its latest distressed opportunity fund at close to $3 billion by the end of 2012, near the high end of its original target range.
2 min read · 17 January 2013
Martin Lamb switches from advisor to principal in a bid to capitalise on distressed debt and other opportunistic investments in Florida and other parts of southwest US.
2 min read · 17 January 2013
Through its third commingled vehicle, the Northbrook, Illinois-based real estate investment firm will target office, industrial, retail and multifamily investments in the Upper Midwest and Southeast.
2 min read · 17 January 2013
AXA Real Estate, the Paris-based firm with €42bn under management, is expeected to announce the appointment of a former Morgan Stanley veteran as a replacement to Antoine Jozan who is retiring from full-time work after 12 years with the company.
2 min read · 17 January 2013
