With an initial target of €80 million, the vehicle will invest in Italian real estate used to produce renewable energy.
1 min read · 22 January 2013
The private equity firm has hired Merrill chief operating officer Laurence Tosi to replace long-time partner Michael Puglisi, who will stay on as a senior managing director.
2 min read · 22 January 2013
The number of property transactions fell by 46 percent in the first quarter of 2008 compared to the same time last year, with deals in the Americas down by two-thirds. Asia was the only part of the world to see an increase.
3 min read · 22 January 2013
The Los Angeles-based private equity firm has sold the Breakwater Edison hotel on Miami’s famed Ocean Drive for $25m.
2 min read · 22 January 2013
Could the surplus of buyers making a mad dash to scoop up limited distressed opportunities actually emerge as a solution to the liquidity crisis?
2 min read · 22 January 2013
Prudential’s real estate investment arm, Prudential Real Estate Investors, will invest up to $800m in a joint venture with local developer Grupo Concord. Around 1,800 condos are expected to be built.
2 min read · 22 January 2013
David Broderick, who served as senior legal counsel at Lehman’s Global Real Estate Group, has left the Wall Street firm for 'magic circle' firm Allen and Overy.
1 min read · 22 January 2013
A joint venture between real estate investment firm Heitman and self-storage REIT Sovran Self Storage is looking to acquire up to $350 million of self-storage facilities throughout the US.
1 min read · 22 January 2013
Following its real estate and private equity target increases early this year, the $38 billion Maryland State Retirement and Pension System has made commitments to three funds.
1 min read · 22 January 2013
CITIC Capital Partners is backing Fushun Excavator, formerly a state-owned enterprise, with its second investment in two months from its China-focussed fund.
1 min read · 22 January 2013
