Erik Kolb
In the wake of the merger between industrial giants ProLogis and AMB, Guy Jaquier, head of the combined entity’s private capital group, sees increased opportunities.
Although management still sees the price as ‘financially inadequate,’ it has accepted the sweetened offer due to the company’s changing risk profile.
The Dutch pension manager has agreed to sell its 12% stake in PEPR to ProLogis after the industrial giant sweetened its offer.
The Miami-based firm has closed on $100m for Parmenter Realty Fund IV.
The Dallas private equity firm was the biggest riser in the 2011 PERE 30 ranking, thanks to successful capital-raising for its second real estate fund. Meanwhile, consolidation, business exits and strategic shifts among bank-sponsored platforms began to manifest themselves in this year’s ranking.
An affiliate of the Kuwait Investment Authority has paid $485m for the office building at 750 Seventh Avenue.
The Austin, Texas firm is aiming for at least $100m in equity for its first fund targeting US student housing.
The Los Angeles firm has purchased an LEED-certified property on behalf of its fifth US value fund.
The Houston developer and the Ballymore Group have agreed to jointly develop Phase 4 of the Snowhill project in Birmingham.
Versus' new fund of funds for retail investors has the potential to transform the real estate industry the same way REITs did.