A report from Cushman & Wakefield has revealed that NYC has overthrown London as the Number One city luring in commercial property investors.
3 min read · 18 January 2013
The real estate investment management arm of Deutsche Bank says it has bought Reading International Business Park on behalf of a ‘leading Asia pension fund’. The investor is believed to be from Malaysia.
1 min read · 18 January 2013
The sale-leaseback spinoff of WP Carey has joined the investment management subsidiary of Annaly Capital Management to capitalise on the emerging European sale-leaseback market.
2 min read · 18 January 2013
AXA Real Estate Investment Managers appoints Hidetoshi Ono to head its planned Tokyo office fund with trust bank Japanese Sumitomo Trust & Banking.
1 min read · 18 January 2013
CB Richard Ellis has completed the second part of its $940m takeover of ING REIM businesses with the Asia platform now under full ownership. The takeover of ING REIM’s European business is expected to conclude this quarter.
3 min read · 18 January 2013
The London based firm’s fund management arm has launched a partnership with the Kuwait Finance House to invest in the acquisition and development of healthcare properties in the US.
2 min read · 18 January 2013
Hugh Macdonnell has joined Clarion Partners, effective today, to lead its global capital raising operations after more than 14 years at Morgan Stanley.
2 min read · 18 January 2013
The joint venture has acquired the remaining 51 percent ownership in 1540 Broadway for $423.5 million after acquiring a 49 percent stake last year.
2 min read · 18 January 2013
Sue Motowidlak, the US-based portfolio manager for London asset manager Henderson Global Investors, believes that now is the time for investors to look to the US apartment sector for opportunities.
3 min read · 18 January 2013
The real estate investment arm of Morgan Stanley and The Witkoff Group have purchased 1107 Broadway from Lehman and plan to infuse $100 million into the property to convert it to luxury condos.
2 min read · 18 January 2013