The European distressed market is perceived by some as an ‘invitation-only’ market favouring the very largest private equity funds, according to a survey.
3 min read · 17 January 2013
Sam Zell’s Equity Residential purchased the high-end apartment development in Manhattan’s Chelsea neighbourhood for $280 million.
1 min read · 17 January 2013
The US government’s development finance agency will help to leverage investments by Actis’ second African real estate fund, which will develop commercial properties in the sub-Saharan region.
2 min read · 17 January 2013
A Baltimore-based investment firm has raised $180 million to invest in wetlands restoration, a niche strategy that combines conservation with mid-teen return expectations.
4 min read · 17 January 2013
The $51 billion pension plan has resolved to contribute to the Toronto-based firm’s first global opportunistic real estate fund, Brookfield Strategic Real Estate Partners, which already has held a first close on $2.1 billion.
2 min read · 17 January 2013
In entering the North America market, the Australia-based industrial property company will be partnering with California-based Birtcher Development and the Canadian Pension Plan Investment Board to develop and invest in logistics and industrial facilities across the region.
3 min read · 17 January 2013
The London-based manager has won a mandate from the pension scheme of Boots, the retailer which KKR recently sold to Walgreens of the US.
2 min read · 17 January 2013
The San Francisco-based real estate investment manager has wrapped up fundraising for its debut value-added fund. The firm also recently made its fourth acquisition on behalf of the vehicle.
2 min read · 17 January 2013
A venture between AREA and Vantage Properties has sold the Savoy Park apartment complex in Harlem to a fund created by Citigroup and L&M for $210 million.
2 min read · 17 January 2013
The Morristown, New Jersey-based firm has teamed with New York Life to buy 575 Lexington Avenue from CalSTRS and developer Larry Silverstein.
2 min read · 17 January 2013
