The New York-based firm has moved one of its partners to the island country in the hopes of making it a regional hub for Southeast Asia.
The London-based private equity real estate firm and its JV partner Development Securities have sold the renamed Phones 4u Arena entertainment complex in Manchester in a deal valued at £82 million.
As the New York-based alternatives investment firm continues to deploy capital from its second Asia fund, it is gearing up to launch a third regional fund by Q1 2014, for which it is expected to target more than $625 million.
The Newport Beach, California-based real estate investment firm has agreed to purchase the office building from a GE-led joint venture for $435 million.
In hopes of boosting its fundraising with institutional capital, National Real Estate Advisors has hired the former Hunt Investment Management client relations vice president as its new director of investor relations.
The Dallas-based private equity firm is expected to hold a second and final close next week for its third commercial real estate vehicle, which was oversubscribed.
AXA and Norges Bank’s new real estate debt platform is likely to see the sovereign fund finally exposed to opportunistic real estate – just not via equity.
The firm’s real estate head Mark Fogle has continued hiring former colleagues, this time bringing aboard ex-Invesco and AIG construction-focused executive Malcolm Lai as a managing director.
The Mexico City-based private equity real estate firm has collected about one-third of its $350 million equity target for its retail-focused vehicle, with two additional closings expected in the next three months.
On behalf of a consortium of Korean investors, CBRE Global Investors’ US managed accounts group has acquired a Chicago office property for a reported $312.6 million.