The firm’s Iberian arm has bought the six-warehouse project from Catalan firm Llonch Associates.
Following Morgan Stanley’s acquisition of CNL Resorts and Hotels, the lodging company’s former CEO and chairman is becoming a senior advisor to the Denver-based private equity real estate firm.
Alinta is backing a $6.66 billion takeover offer from Babcock & Brown instead of a rival bid by Macquarie, as the Australian energy utility is convinced the former offers a “high degree of completion certainty.”
More than doubling the size of its last vehicle, Heitman has closed an $800m fund to invest in North American value-added opportunities.
The real estate arm of the financial giant Principal is launching a $225m fund to invest in real estate debt.
The New York-based firm has bought a large indoor shopping center from the UK’s second largest academic pension fund.
The co-founder of Duke Street Capital has sold much of his stake in the buyout firm, and will use the proceeds to fund his latest venture, a pensions advisory business.
In recent years, the story of the fundraising market has been more capital, more funds and a lot more activity. But beneath the frenzied surface, a number of other trends are quietly taking shape. By Paul Fruchbom
After almost two decades of existence, the private equity real estate industry has seen its fair share of influential personalities. But going forward, who are the rising stars that will further shape the evolution of the asset class? PERE presents a few possibilities.
In 1999, Ric Lewis established Curzon Global Partners as a boutique European fund for AEW. Now, eight years and €15 billion later, he talks here about the firm's rapid ascension, why he set out to “wreck” European investors, and how a hole-in-one nearly cost him a car. By Robin Marriott