One of the highest profile figures in European private equity real estate is leaving German insurance company Gothaer for Austria’s largest real estate firm chaired by the country’s former prime minister.
3 min read · 18 January 2013
Tokyo-based Secured Capital and London-based asset manager Aviva Investors are plotting the introduction of a hybrid investment vehicle focused on Japan offices. The blind pool club would have characteristics of traditional blind pool funds and non-discretionary investment clubs.
2 min read · 18 January 2013
Deutsche Bank is conducting a strategic review of its €516bn global Asset Management group, which could lead to a sale of RREEF’s global real estate arm, DB Private Equity, and RREEF Infrastructure.
3 min read · 18 January 2013
The New York private equity giant is in talks with Morgan Stanley to take control of a portfolio of office properties that serves as collateral for previously-purchased mezzanine debt.
2 min read · 18 January 2013
The real estate investment management platform of the New York-based investment bank has emerged as the leading bidder for the Spanish bank's real estate assets, ahead of such rivals as Goldman Sachs and Cerberus.
2 min read · 18 January 2013
PERE understands that neither the roles of chief financial officer Alex So nor head of client services Jeremy Hall will be replaced as the Deutsche Bank platform seeks to localise its headcount in the region.
2 min read · 18 January 2013
Long-serving director Doug Callantine is making way for incoming joint chief executive officers Andrew Galbraith and Alexia Gottschalch. The switchover starts on Monday.
2 min read · 18 January 2013
The $5.31 billion open-ended real estate fund plans to develop a 165-unit high-rise apartment building in New York City.
2 min read · 18 January 2013
The real estate division of UBS Global Asset Management won a tender for a multi-manager mandate from Germany’s Bayerische Versorgungskammer that has a wide range of investment possibilities.
1 min read · 18 January 2013
The New York-based firm has made early headway in its capital raising efforts for its second Japan-focused opportunity fund. The ¥100bn Fortress Japan Opportunity Domestic Fund II is expected to be used predominantly for investments in the country’s debt space with a view to taking controlling positions.
3 min read · 18 January 2013