ING Real Estate Investment Management has bolstered its management platform in Australia with the appointment of Stockland executive Denis Hickey.
2 min read · 21 January 2013
The Singaporean sovereign fund continues its management overhaul, appointing Lim Chow Kiat and Anthony Lim Weng Kin as respective regional heads.
3 min read · 21 January 2013
The private equity firms plan to back stop a $75m rights offering and exchange $98m of debt for equity in Builders FirstSource, the US' second largest supplier of building products.
2 min read · 21 January 2013
The real estate and private equity placement agent has appointed Heidrik & Struggles partner Sheng Lu to head its new Shanghai office.
2 min read · 21 January 2013
The mega-firm has added on a 600,000-hectare cattle ranch in North Queensland to its Consolidated Pastoral platform in an all-equity deal worth A$48m.
1 min read · 21 January 2013
The two real estate fund managers are turning to the public markets to raise capital for their next debt vehicles. Brookfield Realty Capital Corp. and Marathon Real Estate Mortgage Trust are targeting $500m and $300m respectively.
2 min read · 21 January 2013
The $7.6bn pension has terminated $150m in recommended commitments from its former private equity advisor Aldus Equity.
2 min read · 21 January 2013
Indicted financier Allen Stanford’s business has an investment portfolio valued at $650m, including private equity holdings and a Houston hotel.
3 min read · 21 January 2013
The $123.8bn California pension plan took a 50% write-down in its value-added/opportunistic real estate investments in the year to 31 March 2009. The pension has completely written off its equity in some funds, while others are currently reporting IRRs of more than -100%.
2 min read · 21 January 2013
Prudential Real Estate Investors has disposed of a 570,000-sq-ft office to US REIT KBS. It comes as the real estate investment firm also repaid $145m of a $616m credit facility with JV partner Kimco Realty.
2 min read · 21 January 2013
