US real estate specialist consultant, The Townsend Group, beefs up multi-manager business by hiring the former head of ING Real Estate Select.
2 min read · 24 January 2013
Earth Capital Partners has launched its Forestry Fund I targeting 12% IRRs through the acquisition of established plantations and agricultural land ripe for planting in Brazil and other Latin America countries.
2 min read · 24 January 2013
Meridiam, ACS and VINCI were among the familiar names who submitted responses to the Georgia Department of Transportation’s request for qualifications for the ‘West by Northwest’ road project in metropolitan Atlanta. One portion of the project could cost as much as $1bn to build.
3 min read · 24 January 2013
The current demand for assets is not an indication of a return to “normal” but merely a reflection of how little product exists in today’s market, according to CBRE Investors Capital Partners president Ethan Penner.
2 min read · 24 January 2013
H Cabot Lodge becomes president of the New York firm’s UK subsidiary and head of European investments
1 min read · 24 January 2013
Despite almost 40 percent of real estate executives saying they are ‘bullish’ on US opportunities, a survey by DLA Piper reveals a majority believe the largest loan write-offs will be just 11% to 30%.
2 min read · 24 January 2013
The global private equity firm has partnered with Silver Lake to acquire Interactive Data for $3.4bn. It has also agreed to buy Advent International’s UK retailer Poundland.
1 min read · 24 January 2013
Jayanta Banerjee and two other senior professionals on the Mumbai-based firm’s private equity team have resigned to set up their own private equity shop.
2 min read · 24 January 2013
The real estate arm of the European insurance company, Allianz, will own the Porta di Roma shopping centre – the largest mall in Italy – in a JV with Italian investment firm Corio. Allianz sold a 50% stake in the retail asset to Corio.
2 min read · 24 January 2013
In revising its offer to recapitalise the bankrupt US REIT, Brookfield said it would use General Growth to pursue US regional mall opportunities. GGP questioned rival offer from Simon Property, owing to 'uncertain future intentions'.
3 min read · 24 January 2013
