Jonathan Brasse
London based Catalyst Capital has held a final close on €228.5 million for its maiden third-party European fund. It is scouting opportunistic deals in major cities in major continental European cities.
London-based Catalyst Capital has stepped in to manage a large development project in central India after Halifax Bank of Scotland withdrew support for the previous manager.
Swedish real estate advisor and fund manager introduces restrictions to prevent a repeat of last October’s run on the German open ended fund sector.
Washington D.C. based Carlyle Group promotes three people to managing director level within its Asia real estate team, but says the promotions are not part of a strategy to increase the pace of its investment programme on the continent.
The London-based, pan-Europe fund manager has exited from all nine private Irish property syndicate funds it inherited as a result of the 2006 acquisition by its majority owner Savills of property services firm Hamilton Osbourne King. Cordea Savills is concentrating on its institutional clients and segregated accounts as it streamlines the business.
Netherlands-based ING Real Estate, one of the largest property managers in the world, has put plans on hold indefinitely for a global real estate opportunity platform as the firm concentrates on asset management instead.
Contra Costa County Employees’ Retirement Association is reportedly considering withdrawing a proposed $75m commitment to Morgan Stanley's latest global property fund, amid concerns over leverage and personnel changes. Contra is the second US pension to pull back on provisional commitments to MSREF VII this year.
Goldman Sachs’ sixth buyout fund is poised to increase its stake in Universal Studios Japan. The tender offer it will launch Monday, if successful, would be one of the largest private equity deals agreed in Japan in more than a year.
The fund management business owned by property services firm Savills, appoints industry veteran Peter Johnson from UK house builder Taylor Wimpey as it looks to bolster its business. It is the second senior management change at the firm in less than a month.
AEW Europe follows its investment in a Dartford logistics unit last year with another UK logistics asset, this time in the Midlands region.