The Wall Street bank has decided to tap global demand for 'super prime' property with the sale of Continental Europe’s largest department store, KaDeWe, with bids expected to be in the region of €750m.
3 min read · 17 January 2013
DTZ’s 'The Great Wall of Money' report says the volume of available capital for 2013 has increased by 4 percent over the last six months. The rise has been driven by an increase in new equity in Europe and increased optimism in the US and Asia for real estate financing.
3 min read · 17 January 2013
Private equity and real estate firms are asking limited partners for terms that would allow for the renegotiation of fund agreements in the event carry’s tax treatment changes.
3 min read · 17 January 2013
The Blackstone Group has closed its latest global real estate fund, which is the largest real estate opportunity vehicle ever raised. About 35 percent of the commingled vehicle already is invested.
3 min read · 17 January 2013
The Asia- and Europe-focused private equity real estate firm has downsized its Japanese division by nine as it seeks to redeploy and grow its presence in Australia and China.
3 min read · 17 January 2013
For the second consecutive year, the 'Big Apple' has become the largest global market with $34.7 billion of deals from January until June, according to research by Cushman & Wakefield released at the EXPO REAL trade show in Munich.
2 min read · 17 January 2013
America’s largest life insurer is introducing MetLife Real Estate Investors, a new real estate investment management business, as part of an expansion into third-party asset management.
2 min read · 17 January 2013
The New York-based firms have hit the market with their fifth offering in the RCG Longview Debt Fund series. Early investors include the Pennsylvania Public School Employees’ Retirement System, which recently committed $75 million.
2 min read · 17 January 2013
Oaktree’s NPL securitisation points to a new financing option for private equity real estate firms, as well as the potential resurgence of US real estate finance in general.
3 min read · 17 January 2013
The $12.78 billion pension plan now counts its commitment to Boston-based real estate manager’s 2007 vintage fund among its official tally of poorly performing real estate investments.
3 min read · 17 January 2013
