Palladium Equity Partners closes Palladium Equity Partners IV at USD1.14bn Tue, 22/04/2014 - 16:03

Palladium Equity Partners has held the final closing of Palladium Equity Partners IV (PEP IV) at USD1.14 billion, including the commitment of the fund's general partner.

Two fingers

Rockspring promotes two to partner

Rockspring Property Investment Managers has promoted Richard Bains and Tom Walsh to partner, with the pair joining the firm’s board with immediate effect. »


Gramercy Property Trust to purchase USD73.4m industrial portfolio

Gramercy Property Trust is to acquire a portfolio of four industrial properties totalling approximately 1.6 million square feet for an aggregate purchase price of approximately USD73.4 million plus transaction expenses. »


‘Risk off’ to ‘risk on’ change underway as investment sentiment improves, says M&G Real Estate

Investor attitudes to risk have improved significantly over the past 12 months, fuelling strong investment and real estate transaction volumes at a five-year high, according to fund manager M&G Real Estate. »

Money and calculator

Power REIT closes acquisition and establishes USD26m credit facility

Power REIT has closed an acquisition and entered into a USD26.2 million credit facility. »

Union Jack Pound

PITCH completes GBP20.5m of acquisitions

Mayfair Capital Investment Management’s flagship fund, the Property Income Trust for Charities (PITCH), has completed GBP20.5 million of acquisitions. »

Shopping bags

UK shopping centre development hits four-year high

UK shopping centre development hit a four-year high last year, but subdued activity is expected in 2014 and 2015 as the market continues to recover from the economic downturn, according to Cushman & Wakefield. »

We have moved

NASDAQ OMX expands London presence

The NASDAQ OMX Group has expanded its London business to new, larger premises. »


M&G Real Estate signs up Hogarth Worldwide in Edinburgh

M&G Real Estate has agreed to let 8,633 square feet on a 10-year lease to global marketing agency Hogarth Worldwide at its Grade A office development at Waverleygate in Edinburgh. »

125 Old Broad Street

Demand for London luxury serviced offices remains strong

Landmark Plc, a provider of luxury serviced offices in London, has achieved a client retention rate of 92 per cent across its portfolio. »

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