The real estate arm of the US pension fund and asset manager is targeting commercial real estate opportunities in the UK and Europe with its first international office. Former Invesco retail executive Paul Wilson will lead the effort.
2 min read · 22 January 2013
The latest quarterly report from the US Real Estate Roundtable warns that 95 percent of real estate chief executives feel that access to debt financing is worse than 12 months ago, with almost nine out of 10 professionals saying commercial asset values will stay flat or even drop over the coming year.
2 min read · 22 January 2013
The second largest securities brokerage in Japan is putting plans in place to expand its real estate business and launch a private equity fund, according to media reports.
2 min read · 22 January 2013
The UK fund manager has recruited John Harding as business development director of property to work with distribution teams across Europe, the US and Asia.
1 min read · 22 January 2013
The US Securities and Exchange Commission has sued the owners of private equity firm Wextrust Capital, Steven Byers and Joseph Shereshevsky, for allegedly defrauding investors of more than $100m, raised primarily from Orthodox Jews. Wextrust invested primarily in undervalued real estate assets.
2 min read · 22 January 2013
The global alternative asset manager’s $308m investment in Brazil is the latest in a host of private equity real estate investors looking to capitalize on the country’s growing property market.
1 min read · 22 January 2013
Emerging markets accounted for a quarter of all property sales during the first half of 2008, compared to just 10 percent a year ago. More than 9,000 properties valued at $306bn were sold in the first six months of this year.
3 min read · 22 January 2013
The US investment bank continues to enhance its private equity activities in the region, closing on one-third of the capital it is raising for a pan-Asian infrastructure fund.
2 min read · 22 January 2013
An aging population and increasing demand for improved healthcare are putting focus on the growing life science-related real estate sector in the US, according to a report by CBRE. The San Francisco Bay Area, home to more than 800 biotech companies, is one of the largest markets.
2 min read · 22 January 2013
The Los Angeles-based private equity real estate firm spent one month raising capital for its distressed credit fund, raising a total of $900m from existing investors. The fund is expected to invest in distressed property debt and operating companies with strong real estate components.
2 min read · 22 January 2013
