Subsidised 50% by the government, the projects will involve the construction, maintenance and operation of two stretches of highway along Chile's Ruta 5 and Ruta 66.
1 min read · 22 January 2013
The vehicle, Mid-Atlantic Capital Fund, is the first real estate opportunity fund for the Frederick, Maryland-based real estate company.
1 min read · 22 January 2013
The portfolio of 17 multifamily properties in five US states is a joint venture with JRK Birchmont's parent company, JRK Holdings. REIT AIMCO sold the properties owing to the dislocation in the credit markets, JRK said.
1 min read · 22 January 2013
All change at London-based boutique fund manager Curzon Global Partners/AEW Europe as chief executive and chief investment officer, Ric Lewis, prepares to leave the business in 2009 after 20 years with the firm. The Curzon name will also be dropped.
1 min read · 22 January 2013
Real estate investment firm Intercontinental Real Estate Corporation has acquired a portfolio of six industrial buildings in Arizona, just as Chicago-based Harrison Street Real Estate Capital scooped up 19 self-storage properties across the US.
1 min read · 22 January 2013
The Australian firm, which manages more than 40 shopping malls in its home market, is hoping to invest in Japanese retail and Singapore office space.
1 min read · 22 January 2013
A consortium including KKR, Carlyle and Cardinal Asset Management has reportedly tabled a €3bn bid to be part of Ireland’s first bank bailout. JC Flowers is also reportedly in the running to recapitalise Ireland's oldest bank.
1 min read · 22 January 2013
While stressing it continues to honour capital calls, CalPERS has said it is not atypical for it to ask GPs to delay requests for funds. The pension has confirmed it sold more than $2bn in private equity holdings on the secondary market last year, including interests in Carlyle and Landmark funds.
2 min read · 22 January 2013
The International Private Equity and Venture Capital Valuation board has said GPs should be asked to comply with its mandate by investors. The committee chairman Herman Daems stressed the importance of transparency and fair comparison.
1 min read · 22 January 2013
Tim Pfister and Jay Fortin, project finance and M&A lawyers at Patton Boggs in New York, also believe the political climate for foreign investors is likely to improve as the US comes to grips with its massive infrastructure spending needs.
2 min read · 22 January 2013
