The London-based property investment manager has purchased an apartment block in the Bay Area for its $205m value-added multifamily fund, CASA IV.
1 min read · 22 January 2013
The distressed investment specialist has teamed with South Korea's National Pension Service to jointly pursue investments in private equity, special situations and real estate.
2 min read · 22 January 2013
Curzon Global Partners/AEW Europe have partnered with Cleaveland Asset Management to acquire 32 offices in France for their latest vehicle, the €800m European Property Investors Special Opportunities fund.
1 min read · 22 January 2013
Prudential Corporation Asia, Warburg Pincus and other undisclosed firms are reportedly investing $300m in Bangalore-based property developer MetroCorp. The developer is targeting 6,000 acres in India.
1 min read · 22 January 2013
The Australian property group, which has a stand at this year’s Expo Real property show, has hired Robert Rackind to join its European team.
1 min read · 22 January 2013
Shaun O’Connor, joining the firm as chief financial officer, was previously with GE Real Estate as chief financial officer for its US and European units. He was also previously with American International Group and IBM.
1 min read · 22 January 2013
The Singaporean sovereign wealth fund could fetch an estimated $2.5bn in what will be its third power company sale in 2008.
2 min read · 22 January 2013
Many private equity real estate groups have money to spend, but no one wants to call the bottom of this crazy crazy market.
2 min read · 22 January 2013
The private equity real estate firm has picked up two industrial properties, acquired through its value-added Hampshire Partners Fund VII and its Hampshire Generational Fund.
1 min read · 22 January 2013
Real estate prices are set to decline by up to 25 percent in developed markets, according to Townsend co-founder Kevin Lynch. However he said there were plenty of opportunities amid the distress, telling PERE at the ExpoReal conference in Munich that investors were increasing their allocations to the asset class.
2 min read · 22 January 2013