Robin Marriott
The bank platform has made an early outlay for its latest global opportunistic fund. It has invested in the Millennium Tower office building and Millennium City shopping mall and entertainment center in V
Victoria Sharpe, the veteran of Pramerica Real Estate Investors, is due to be unveiled as the worldwide head responsible for marketing, distribution and client service.
The London-based global asset management company with €13 billion of real estate assets has created a new role of head of real estate capital and has hired Chris Ludlam to fill it.
A rare example of an investment by an opportunistic Central and Eastern Europe fund manager has been provided by Revetas, which has acquired a shopping center in Bulgaria originally purchased by Heitman’s European Property Partners III fund in 2008.
Lone Star Funds was the most prolific buyer of European non-core real estate and real estate owned property in the first half of the year, with Cerberus, CarVal, Blackstone and Oaktree the next most active, according to advisor Cushman & Wakefeild.
The London-based firm has acquired a shopping center in Alabecete from AXA Real Estate, and plans a transformation of it.
The $44 billion global real estate investment manager has taken over Pamera Asset Management in Germany as it further fuels its global expansion strategy in Europe.
The New York firm has bought a London office for £300 million in its maiden deal for a ‘light-fix’ strategy. The seller was Carlyle on behalf of its European opportunity fund.
The granting of authorizations under the new Alternative Investment Fund Managers Directive is taking much longer than hoped and, as a result, fewer licenses have been granted than applicants would have hoped ahead of a July 22 deadline by which fund managers should be compliant.
A new property company has become Spain's biggest flotation in the last three years and the largest listing of a SOCIMI ever.