The real estate investment business of the German investment bank has brought on four new hires as it seeks to reinvigorate its operations in the US.
Carlyle’s acquisition of Metropolitan Real Estate raises more doubts about the ability of real estate fund of funds managers to survive as a standalone operation.
The Los Angeles-based fund manager has formed its first joint venture in Peru on behalf of Paladin Realty Latin America Investors IV as it moves forward with plans to increase Peruvian investments over the next few years.
The firm has hired Chris Leach as a partner one week after adding former Willis Stein partner Philip Pool as co-chairman.
Henderson and its German partner Palmira Capital Partners have collected the equity from German and Austrian institutions for their jointly managed German Logistics Fund spezialfonds.
The Los Angeles-based investment and development firm has held its first close on Regent Office Fund II, counting global asset manager BlackRock and Bruce Kovner’s Caxton Alternative Management as its anchor investors.
The city pension system will invest $30 million in a development plan for the Lower East Side as part of a prior commitment to Taconic Partners.
The Greenwich, Connecticut-based firm is purchasing a portfolio of seven shopping centers throughout the US from Sydney-based developer The Westfield Group.
More than 160 delegates at PERE’s Japanese real estate conference heard how Japan’s economic prospects looked rosier but that its real estate market was yet to tangibly benefit.
As part of a new stateside plan, the real estate investment management arm of French insurance giant AXA has added Steve McCarthy as US head of asset management and transactions.