The world’s sovereign wealth funds are targeting mainly trophy real estate assets, as they wait on the anticipated unloading of ‘distressed’ properties in the US. In the long-term, SWFs are looking to partner with key US players, expanding their roles beyond 'static asset owners.’
2 min read · 22 January 2013
Industry veteran Steve Felix shares his thoughts on creating opportunity.
3 min read · 22 January 2013
Robert Kelly is tasked with overseeing real estate investments for the private equity real estate firm’s Perseus Capital City Fund, as well as its latest $200m vehicle, Perseus Realty Partners II.
1 min read · 22 January 2013
Grubb & Ellis Realty Investors, the real estate investment and asset management arm of Grubb & Ellis Company, has picked up a 15-building residential complex in Georgia.
1 min read · 22 January 2013
Dominic Petrucci, former chief operating officer of Cornerstone Real Estate Funds, has joined the firm as chief financial officer.
1 min read · 22 January 2013
The real estate development and investment firm acquires 310 acres of industrial land in South Carolina saying increasing costs at West coast ports and rising demand from Asian shipping companies is boosting the attractiveness of East coast shipping-related investments.
1 min read · 22 January 2013
The German insurance firm, which is the process of building a global property investment business, has acquired a stake in a New York office on the Avenue of the Americas.
1 min read · 22 January 2013
The Irvine, California-based firm, launched this year by former Grubb and Ellis chairman Anthony Thompson, has hired Neil Miller as chief operating officer and general counsel at the firm.
1 min read · 22 January 2013
The AvalonBay Value Added Fund II will seek to acquire multifamily apartments in ‘high barrier-to-entry’ markets in the US.
1 min read · 22 January 2013
The Morristown, New Jersey-based private equity real estate firm has acquired more than 240,000 square feet of industrial and office buildings in its home state through the firm's latest $350m fund, Hampshire Partners Fund VII.
1 min read · 22 January 2013
