Chad Pike, senior managing director and co-head of real estate at The Blackstone Group, said a ‘long, steady flow of deals was inevitable’, as he revealed the firm was about to close on a deal in Germany that went into bankruptcy in 2008.
2 min read · 18 January 2013
PERE presents 10 takeaways from this week’s PERE Forum: Europe conference.
3 min read · 18 January 2013
The Los Angeles-based real estate fund manager has held a final closing on a $100 million Brazil sidecar to its Latin America fund, bringing its combined regional commitments to $554 million.
2 min read · 18 January 2013
The Irish bank has hired HFF to sell a portfolio of $1.5 billion in performing US commercial real estate loans. The sale, which also includes the portfolio’s management team, is the latest effort to shore up the bank’s balance sheet.
2 min read · 18 January 2013
The Chicago-based firm specialising in student and senior housing has closed on nearly $600 million for its latest fund, almost $100 million more than its original target.
2 min read · 18 January 2013
Goh Kok Huat has been appointed president of GIC Real Estate as part of a reshuffle of its executive ranks, the larger of Singapore's two sovereign wealth funds said. He replaces Seek Ngee Huat who will now chair GIC's Latin America Business.
2 min read · 18 January 2013
The New York secondaries firm has tapped Todd Silverman to run its equity capital markets business.
2 min read · 18 January 2013
Franklin Templeton Real Estate Advisors has raised two thirds of its target capital for its third global fund of funds, PERE has learned.
2 min read · 18 January 2013
The industrial heavyweights said they can achieve $80m of savings per year through the merger. They added that the combined company has a 'clear growth strategy' to pursue global opportunities.
2 min read · 18 January 2013
Kennedy Wilson’s acquisition of the Bank of Ireland’s property platform may have surprised some, but the firm just sees it as the next step in its evolution.
3 min read · 18 January 2013
