The firm has exited Thailand's Central Pattana after eight years and generated $170m in the process.
2 min read · 18 January 2013
The New York firm has taken just four months to raise more than a third of its $10 billion target for the incoming real estate opportunity fund. Separately, it also is in talks with Bank of America Merrill Lynch to buy the remaining real estate from its global real estate principal investments platform.
2 min read · 18 January 2013
Jeffrey Dishner, senior managing director and head of real estate acquisitions and debt investments at Starwood Capital Group, is relocating from the US to Europe as opportunities unfold in the region.
2 min read · 18 January 2013
The European Bank for Reconstruction and Development (EBRD) is on the hunt for a new director of property and tourism – one of the most significant roles in Eastern European property.
2 min read · 18 January 2013
The Blackstone Group, Centerbridge Capital Partners, Lone Star Funds, TPG Capital, Lubert-Adler Partners, Cerberus Capital Management and Colony Capital are among the bidders to have met the 9 August first bids deadline.
2 min read · 18 January 2013
Six months after determining it would commit up to $1.2 billion of equity commitments to real estate value-added and opportunity funds, Korea’s largest institutional investor has made four commitments to managers deploying strategies in North and South America.
2 min read · 18 January 2013
The Los Angeles-based firm says it has struck its fourth nonperforming loan deal in Germany but, more importantly, it is the first time syndicated loans have been sold together as a package by a banking consortium as an NPL transaction in Germany, possibly in Europe.
2 min read · 18 January 2013
The Boston-based private equity real estate firm has announced the final closing of its Alcion Real Estate Fund II on almost $500m of commitments, surpassing its $400m initial target.
2 min read · 18 January 2013
The real estate investment management of Deutsche Bank today sold the European department store group, La Rinascente, to one of Thailand’s largest retail chains.
3 min read · 18 January 2013
The global accounting and advisory firm has appointed two partners to senior leadership positions in its Americas real estate practice.
2 min read · 18 January 2013