LP default fears have been assuaged by a lack of capital calls. But the issue of LP liquidity is still as pertinent today as it was last autumn. PERE July/August 2009.
5 min read · 21 January 2013
F&C REIT Asset Management has appointed Angus Henderson as its new head of business development as plans a £300m UK opportunity fund. Henderson was responsible for launching new AXA Real Estate products in Europe and Asia.
2 min read · 21 January 2013
ING Real Estate Investment Management European managing director Wilson Lee has left the firm one year after joining to help launch its first global real estate opportunity fund. Plans for the $1.5 billion vehicle were shelved earlier this year.
2 min read · 21 January 2013
Bryan Bailey has been appointed senior adviser to the Italian funds of funds firm. He joins ex-Merrill Lynch managing director John Herbert in shaping the firm’s real estate fund, which is targeting €300m.
1 min read · 21 January 2013
Aberdeen Property Investors, the Stockholm based fund manager and investor, has closed on half the amount of equity it originally planned to raise for its second Asia focused fund of funds. The firm has taken a cautious approach to investments going forward and is unlikely to spend anything until after the summer.
1 min read · 21 January 2013
The $110bn pension fund has committed $30m to the Mountgrange Real Estate Opportunity Fund I through its funds of funds investment with Franklin Templeton’s Lake Montauk vehicle. The Mountgrange fund closed in May on £300m and will target under-performing assets as well as land deals.
1 min read · 21 January 2013
Stockholm based Aberdeen Property Investors has grown its indirect team, Aberdeen Property Investors Indirect Investment Management, to 28 professionals after making six senior appointments across Europe and Asia. The growth of the team marks a rebuilding period for Aberdeen after a period of recent departures.
2 min read · 21 January 2013
The UK-focused vehicle attracted more than 30 investors and hopes to take advantage of depressed valuations.
1 min read · 21 January 2013
Cordea Savills says Britain’s commercial property market will begin to recover later this year providing ‘excellent risk-adjusted returns’, albeit selectively.
2 min read · 21 January 2013
The firm AREA Property Partners has bought a minority stake in a UK retail park fund and has formed a company to undertake strategic asset management of the properties.
2 min read · 21 January 2013
