Lendlease related stories
All articles and analysis
MGPA for saleProspective bidders already have conducted due diligence on the Asia- and Europe-focused private equity real estate firm and a deal could happen in the next quarter.
- MGPA appoints new Europe CEO after Luccioni leaves
The Europe and Asia focused private equity real estate firm has moved quickly to find a replacement from within in the form of Tom Lee.
- MSREF's new mission
Morgan Stanley Real Estate Investing has just closed its latest opportunity fund on $4.7bn. In closing the largest private equity real estate fund post-Lehman, MSREI is refocusing attention on its future, rather than the recent past. MSREI CEO Owen Thomas and CIO Jay Mantz talk about the challenges of the past 18 months – and how the New York-based platform is investing its capital once again.
- Building to suit
As LPs shy away from commingled funds, an increasing number of GPs are tailoring their investment vehicles to suit investor needs. For Guy Jaquier and AMB Capital Partners, that’s always been par for the course.
- AXA hires Clerestory exec to lead US fundraising
The Paris-based firm has launched a new US distribution platform and appointed Elizabeth Behnke as head of US sales.
- Lend Lease buys Bilfinger Berger’s Aussie unit for A$1bn
After a failed IPO, Bilfinger Berger has managed to sell Valemus to Lend Lease for A$1.06bn. Valemus is Australia’s second-largest construction company with ‘secured future revenue in excess of A$5bn’.
- Townsend’s raid of ING Select continues with Smith hire
The Cleveland-based advisory and investment management group has followed up the hires of Nick Cooper and Nicholas Wong with the appointment of ING Real Estate Select’s CIO Damien Smith.
- Lend Lease raises A$500m for Australian core fund
The Sydney-based developer and fund manager closes on A$500m for its Australian Prime Property Fund Retail. The vehicle will be used to “retire debt from recent acquisitions” according to a statement from the company.
- UBS head of Continental Europe transactions passes away
Charles Foster Taylor died on Boxing Day. As well as serving UBS, he was also a member of INREV’s membership committee.
- MGPA forerunner makes 20% returns
A 1999 fund, which was launched when MGPA founders were still at Australian firm Lend Lease, has returned more than 2x equity multiple to investors