Jonathan Levin, who was chosen to lead communications with public investors in 2009 as the firm listed on Euronext, is leaving to join hedge fund Grosvenor Capital Management in Chicago.
2 min read · 18 January 2013
The pan-Asia real estate investment management business founded Suchad Chiaranussati, is now more than 75 percent invested in its second opportunity fund, enabling it to begin fundraising on fund three.
1 min read · 18 January 2013
Through a 50-50 joint venture, the two US REITs have merged $400m of debt positions in the $1.3bn New York office property owned by Broadway and Investcorp.
2 min read · 18 January 2013
The unit holders of ING Real Estate Investment Management have approved its sale to an investment club led by Sydney-based Goodman Group. ING REIM has also made ‘significant progress’ in its disposal of four other listed funds with a combined A$4.14bn of assets under management.
2 min read · 18 January 2013
The San Francisco-based logistics developer and fund manager will invest $88m into the venture with HIP China Logistics, a specially created entity backed by international capital.
2 min read · 18 January 2013
The US firm has made its debut investment for its latest hotel fund, with the acquisition of five properties in Munich, Hamburg, Frankfurt, Vienna and Salzburg from operator, NH Hotels.
1 min read · 18 January 2013
The chairman of Morgan Stanley’s real estate business is quitting his role as CEO of the bank’s Asia operations. He is set to return to New York in June, but reportedly declined to say whether he would remain with Morgan Stanley in the future.
2 min read · 18 January 2013
This week Republican congressman Robert Hurt will introduce legislation that would exempt private investment firms from registration with the SEC.
2 min read · 18 January 2013
The California and London-based private equity and real estate firm is expected to say tomorrow it has bought €214m face value of residential mortgages backed by assets in the Netherlands.
1 min read · 18 January 2013
A panel of US-based private equity real estate firms told the mostly European audience that US investment opportunities will move to a ‘second tier of core markets’ in 2011.
2 min read · 18 January 2013
