The New York-based REIT is reportedly in market with a private equity real estate fund targeting distressed retail and office properties.
1 min read · 21 January 2013
Over the past year, the volatility of net operating income for commercial real estate in more than 370 markets has hit levels unseen since Fitch Ratings first began tracking the metric in 2000. Worst affected office markets were New York, Los Angeles and Chicago.
2 min read · 21 January 2013
The British property investor and fund manager owned by the Duke of Westminster warns off investing in Spain until at least next year.
1 min read · 21 January 2013
The US arm of the British property firm, led by the Duke of Westminster, has sold the Grosvenor Building it developed in 1985 to merchandising and real estate firm Kingswood Capital. Only two other Vancouver office transactions over $5m have taken place to date this year.
2 min read · 21 January 2013
The Philadelphia-based firm has raised $23 million to date for its second property fund. It will target under- and non-performing first mortgage loans in the region.
1 min read · 21 January 2013
Jadwa Investment Company is reportedly looking to invest a sizeable portion of its capital in the US and UK, and is already eyeing a £700m transaction in Britain with European property investor CIT, according to the Financial Times.
1 min read · 21 January 2013
For years, Blackstone’s European real estate focus has been on backing operating companies rather than buying assets. Things are about to change, says Robin Marriott.
2 min read · 21 January 2013
The emerging markets giant has hired Ngozi Edozien, who last year founded the Equity Vehicle for Health in Africa.
2 min read · 21 January 2013
The Denver based logistics firm in the midst of a restructuring process has appointed a new chief financial officer and a head of treasury for its European operation. The appointments come in the same week the company revealed it had completed $561 million of asset disposals this quarter.
2 min read · 21 January 2013
CBRE Investors eyes a final pot of $200 million for its Asian fund of funds, the Asia Alpha Plus Fund, after holding a first close of $100 million.
1 min read · 21 January 2013
