Dave Keating
Property manager Guy Morrell has taken the post, leading the business in the UK and MENA region.
Investors from outside Europe, including private equity real estate firms, could be affected by an amendment to Germany's Foreign Trade Act approved today. The ruling is aimed at sovereign wealth funds but lawyers say it complicates private equity-style investing.
Reflecting the continued interest in taking real estate funds public, AXA Asia Pacific has announced it is planning to list its Australian property fund later this year.
The US’s largest pension fund is to increase its infrastructure allocation to 3 percent, or $8.3 billion, over the next two years.
As the New York-based private equity real estate firm prepares its European debt fund, it has added additional capital to its US debt vehicle.
It may seem an odd time to be ramping up exposure to the fund administration industry, but to those involved in real estate it makes perfect sense.
The Wall Street investment bank is reportedly in discussions with firms such as Blackstone and Blackrock to sell off its real estate assets, taking a $5bn hit.
The New Delhi-based developer is reportedly in advanced talks with several private equity funds to sell stakes in its special economic zone projects.
The firm’s European real estate fund has invested in a warehouse park in Bucharest for €104m.
India’s largest public company has partnered with the New York-based real estate investment firm to acquire retail shopping centers across India.