Perella Weinberg Partners

Leon Bressler has begun a new chapter with a fully independent company, and goes on the fundraising trail with Fund III, targeting around €1.3 billion

LaSalle and Quantum Global Real Estate, which acts for an African sovereign wealth fund, have purchased Tour Blanche in La Défense for €161 million.

Perella Weinberg has closed its second pan-European fund with total equity commitments of more than €1.3 billion, making it the largest equity haul for a pan-European opportunistic real estate fund since Blackstone closed its Europe-focused fund in June 2009.

A venture led by the New York-based investment firm has purchased a portfolio of nonperforming loans and real estate owned from Banco Popular de Puerto Rico.

The purchase of The Center Building in Long Island City for $84.5 million is the first for a new open-ended joint venture program targeting US commercial real estate.

French property executive Leon Bressler will join the investment bank as a London-based partner to oversee its real estate activities.

The New York-based financial services firm plans to match the amount of capital it raised for its first European opportunity fund in 2008.

The New York-based advisor and asset management firm held an initial closing over the summer for a higher return real estate fund, with a second close due imminently.

Aermont founder Bressler leaves behind a well-planned-for business; Henderson Park's US expansion is explored in an exclusive interview with PERE; Canadian investors continue to report negative real estate returns; and more in today's briefing, exclusively for our valued subscribers.

The first in our six-part countdown of the PERE 50, ranking the private real estate world's top managers.

The company which owns the film studios behind cinematic spectaculars "Star Wars: The Force Awakens" and the James Bond movie "Spectre" could be sold to the London-based asset manager.

The French insurer and French-listed commercial property company Unibail-Rodamco teamed up to acquire the Ruhr Park Shopping Center from Perella Weinberg.

The combined company will be named Willis Towers Watson and have approximately 39,000 employees in over 120 countries, and pro forma revenue of approximately $8.2 billion.

Weinberg Capital Partners, the Paris-based firm, has beaten its fundraising target by 30 percent and has struck its first deal.

The New York-based firm has closed its fourth European opportunity real estate fund - the largest of its type ever raised in the region.

Pan-European funds have been replaced by Western European ones