After 13 years with Westbrook Partners, Avi Banyasz will help David Bonderman’s private equity firm push further into the real estate asset class.
2 min read · 18 January 2013
ING Real Estate Investment Management has agreed the sale of its A$2.5 billion Australian Securities Exchange-listed industrial fund to a consortium of buyers led by Sydney-based Goodman Group. The sale is the latest in a string of real estate offloads by Dutch parent company ING.
2 min read · 18 January 2013
The French insurer has held a first close for Commercial Real Estate Senior 1, which provides loans either directly to borrowers or indirectly by backing a syndicate of banks
2 min read · 18 January 2013
Pamfleet Group, the Hong Kong and Singapore real estate investment business has attracted $125 million from institutional investors for the first closing of its debut private equity real estate fund. Hong Kong is likely to be the firm’s short-term investment destination.
2 min read · 18 January 2013
Former Quadrangle chief Steve Rattner has agreed to pay $10m and be banned from appearing before New York public pensions for five years.
2 min read · 18 January 2013
Investors will ‘sacrifice’ returns and diversification if they overlook China, Brazil and India. However, targeting the three countries’ real estate markets demands a longer-term investment horizon and plenty of due diligence.
4 min read · 18 January 2013
Hines has lost control of the $724m National Office Partners account it ran for CalPERS, with LA-based CommonWealth Partners picking up the mandate. In December, LaSalle lost the $2bn CalEast industrial portfolio to GI, RREEF.
3 min read · 18 January 2013
Latin America’s largest economy has reduced taxes for foreign investments in private equity funds, according to reports.
2 min read · 18 January 2013
GIC, Centerbridge and Oaktree are also said to be bidding for the assets of the ailing Australian property investment firm.
2 min read · 18 January 2013
Private equity investment in Latin America’s largest economy increased dramatically in 2010, with no signs of slowing down anytime soon.
3 min read · 24 January 2013
