Los Angeles-based CBRE Investors has promoted veteran Lee Menifee to director of global strategy. The firm is also looking to add new associates to its research team.
Gordon Brothers’ private equity arm has sold specialty retailer Spencer’s Gifts to ACON Investments after streamlining its business and redesigning its stores.
The US investor has gone on a spending spree in Sweden, investing in acquisitons and developments and beefing up its team in the country.
Europe’s largest quoted private equity company 3i is investing alongside its listed infrastructure vehicle in a debut Indian infrastructure fund. Together they will account for half the fund’s capital. Third-party investors will fund the remaining $500m.
The Nordic group has told investors that it is planning to add yet another string to its bow, with the launch of a €1 billion infrastructure fund.
Scottish bank HBoS has continued its £1.6 billion buying spree with the acquisition of social housing company Keepmoat.
The private equity firm has acquired a 138,000-square-foot on-site industrial property near Chicago’s O’Hare International Airport.
Following its foray into the DC-area residential market last month, Dallas-based Behringer Harvard has just snapped up four office buildings in Chicago’s business district.
Chicago-based Harrison Street and New York-based Kaplan Development Group have joined forces to develop, redevelop and acquire senior housing properties throughout the Northeast and Southeast US.
The country’s largest public pension is considering increasing its interests in real estate with an eye toward the burgeoning emerging market countries.