Sign up for free newsletter

 

Acquisitions

fruit

M&G Real Estate to fund London Fruit & Wool Exchange development

Thu, 05/03/2015 - 15:00

M&G Real Estate has acquired The London Fruit & Wool Exchange building in Spitalfields from Exemplar for circa GBP55 million. »

Manchester

DeAWM acquires Norfolk House in central Manchester on behalf of new European fund

Thu, 05/03/2015 - 09:00

Deutsche Asset & Wealth Management (DeAWM) thas acquired Norfolk House, Norfolk Street in Manchester on behalf of its European Property Fund (EPF). »

Cumberland house

Hibernia to acquire Cumberland House in Dublin 2 for EUR49m

Mon, 02/03/2015 - 18:30

Hibernia REIT has exchanged contracts to acquire Cumberland House, Dublin 2, from Morretino Limited (Morretino) for EUR49m.   »

complete stamp

MoFo advises GLP on acquisition of USD8.1 billion us logistics real estate portfolio

Mon, 02/03/2015 - 11:30

Morrison & Foerster (MoFo) has advised Global Logistic Properties Limited (GLP) on a co-investment with an affiliate of Singapore sovereign wealth fund GIC Pte Ltd. to buy one of the largest logistics real estate portfolios in the United States from the Blackstone Group.  »

completed stamp

AXA Real Estate completes acquisition of 3,700 hectares of forest land in Finland with UPM

Mon, 02/03/2015 - 06:00

AXA Real Estate Investment Managers has completed the acquisition of three forest estates in Finland, covering 3,700 hectares in total, for a consideration of 11,2 million EUR with UPM. »

Spain

Starwood Capital Group and Melia acquire Spanish resorts through new JV

Fri, 27/02/2015 - 18:00

Starwood Capital Group and Melia Hotels International have established a joint venture that has agreed to acquire a collection of hotels across key resort locations in Spain. »

Handshake

American Hotel Income Properties REIT acquires new 110-room Oak Tree Inn hotel in Kansas

Thu, 26/02/2015 - 11:05

American Hotel Income Properties REIT has acquired a newly built 110-room Oak Tree Inn hotel in Wellington, Kansas from SunOne Developments for USD7,410,000 plus closing adjustments.   »

document signing

Catella secures EUR400m Dusseldorf project

Wed, 25/02/2015 - 09:00

Living Central 1-11, managed by Catella Corporate Finance GmbH, has signed a contract to acquire a property area of approximately 38,000 sq m near the Dusseldorf main railway station.  »

thumbs up

Slate Retail REIT acquires Colorado shopping centre

Tue, 24/02/2015 - 16:30

Slate Retail REIT has entered into a binding agreement to purchase Roxborough Marketplace, an 88% occupied, 107,818 square foot grocery-anchored shopping centre located in Littleton, Colorado for UUS15.62 million (USD145 per square foot).  »

Frankfurt

Mount Kellett Capital acquires Astro Park Office comples

Tue, 24/02/2015 - 10:30

Mount Kellett Capital Management has acquired the Astro Park office tower, located at Lyoner Strasse 9 in Frankfurt Niederrad.   »

student accomodation

ESP acquires student accommodation development site in Nottingham

Mon, 23/02/2015 - 20:30

The Board of Empiric Student Property has exchanged contracts to acquire the freehold of a site on Talbot Street in Nottingham, which has planning consent for a 67 bed, purpose-built student accommodation scheme, at a cost of GBP825,000 (excluding fees).  »

hands shaking

Hansteen acquires Ashtenne Industrial Fund units

Mon, 23/02/2015 - 19:30

Hansteen has acquired a further 24.2 million units in the Ashtenne Industrial Fund (AIF) for GBP11.0 million, reflecting a price per unit of 0.4537 pence.  »

man with megaphone

Prologis acquires 122,000 sq m of logistics facilities in Italy

Mon, 23/02/2015 - 18:00

The Prologis European Properties Fund II (PEPF II) has acquired a portfolio of logistics facilities totalling approximately 122,000 square metres in Italy. »

dollars

New Residential to acquire HLSS

Mon, 23/02/2015 - 17:00

New Residential Investment Corp is to acquire all of the outstanding shares of Home Loan Servicing Solutions (HLSS) for USD18.25 per share in cash, totalling approximately USD1.3 billion.  »

man with megaphone

Macquarie Mexican REIT acquires large industrial property in Monterrey

Fri, 20/02/2015 - 06:00

Macquarie Mexican REIT (MMREIT) has completed the acquisition of a 59,200 sq m (637,000 sq ft) two-building industrial property located in Monterrey, Nuevo León, from Ridge Property Trust II for US$58.0 million (approximately Ps.864.0 million), excluding transaction costs and taxes. »

Paris

BlackRock Real Estate and partners acquire l’Îlot des Mariniers in Paris

Thu, 19/02/2015 - 20:00

BlackRock Real Estate has partnered with Pitch Promotion and Cleaveland to acquire l’Îlot des Mariniers from a fund managed by AXA Real Estate. »

man with megaphone

LGP secures Next distribution warehouse

Thu, 19/02/2015 - 17:00

Legal & General Property (LGP) announces, on behalf of its LPI (Limited Price Inflation) Income Property Fund has completed the acquisition of a new distribution warehouse let to Next on a 25 year lease.   »

Jersey flag

Carey Olsen advises Polygon on commercial property acquisition

Thu, 19/02/2015 - 16:30

Carey Olsen has advised Polygon Properties Limited on its GBP4.5 million acquisition of JP Morgan House, Forum 4, Grenville Street – a strategic acquisition for the company's Jersey property portfolio. »

CWI Westin Minneapolis

Carey Watermark Investors acquires Westin Minneapolis for USD66.4m

Tue, 17/02/2015 - 21:00

Carey Watermark Investors Incorporated (CWI) has acquired the landmark Westin Minneapolis hotel. The full-service hotel includes 214 guestrooms and is located in downtown Minneapolis.  »

thumbs up

Carter Validus Mission Critical REIT acquires USD76.9m in data centre and healthcare properties

Tue, 17/02/2015 - 16:30

Carter Validus Mission Critical REIT (CVMC REIT) acquired the Alpharetta Data Center II property for USD56.7 million in Q4 2014, and the Landmark Hospital of Savannah property for USD20.2 million in January 2015. »

man with megaphone

Urban Splash purchases Plymouth Civic Centre

Mon, 16/02/2015 - 13:00

Regeneration company Urban Splash is set to acquire Plymouth’s Civic Centre, following its successful transformation of the City’s Royal William Yard. »

Japan flag

Fortress acquires Rihga Royal Hotel Kyoto

Mon, 16/02/2015 - 06:00

A fund managed by Fortress Investment Group is to acquire the Rihga Royal Hotel Kyoto, one of the most prestigious hotels on the Japanese island of Honshu.  »

White house

JCR acquires MD Shopping Center for USD22m

Wed, 11/02/2015 - 20:00

The JCR Companies has acquired Manokeek Village Shopping Center in Accokeek, MD, just ten minutes from the Washington, DC Beltway, for USD22 million. The seller was Klaff Realty. »

grade A

Prologis to acquire 3.2m sq ft of class­A logistics facilities

Wed, 11/02/2015 - 18:00

Prologis is to acquire a portfolio of Class-A logistics and retail assets from Morris Realty Associates for an aggregate price of approximately USD820 million. »

man with megaphone

HIG Capital acquires second Italian NPL portfolio

Wed, 11/02/2015 - 17:00

HIG Capital has invested through an Italian securitisation in a portfolio of non-performing loans originated by Group Cassa di Risparmio di Cesena.  »

Canada flag

Fronsac REIT acquires first property in Ontario

Wed, 11/02/2015 - 06:00

Fronsac Real Estate Investment Trust has acquired a property at 1319 Brookdale Avenue, in Cornwall, Ontario the REIT’s first in the Canadian province.  »

Dublin

Hibernia to acquire Harcourt Square in Dublin 2 for EUR70m

Tue, 10/02/2015 - 20:00

Hibernia REIT has exchanged contracts with Gangkhar plc to acquire the Garda Siochana (police) regional headquarters at Harcourt Square, Dublin 2, for EUR70m in an off-market transaction.  »

man with megaphone

JZ Capital Partners acquires National Inspection & Consultants

Mon, 09/02/2015 - 16:45

Private equity fund JZ Capital Partners has acquired National Inspection and Consultants, LLC (NIC). »

man with megaphone

Ares acquires pan-European mixed property portfolio from IVG Institutional Funds

Mon, 09/02/2015 - 14:30

A fund in Ares Management’s Real Estate Group has acquired a 45,000-square-metre office and retail portfolio consisting of eight properties located across five European countries. »

London

Empiric acquires Liberty Fields student accommodation property in London

Thu, 05/02/2015 - 06:00

Empiric Student Property has acquired the freehold on an operational, direct-let, premium student accommodation property in Camberwell, South London, for a consideration of GBP13.25 million. »

features
Article

Fund managers and investors are in a tug-of-war over the issue of transparency. Once content with a performance update, basic valuation and general market commentary, Limited Partners (LPs) are now digging deeper, asking more questions and requiring more information from General Partners (GPs) than ever before. ... »

Special report
How to Access Europe using third party AIFMs

Read how managers seeking to distribute in Europe can appoint a third party AIFM (or ManCo), and the fund distribution benefits this can bring, both for new fund launches and redomiciled funds... »

Comment
Richard Hoey, BNY Mellon

Global gross domestic product (GDP) growth should accelerate somewhat in 2015 and 2016 from the pace of the last three years because of much lower oil prices, the avoidance of special drags on the world economy, and continuing easy monetary policies from global central banks, according to  BNY Mellon Chief Economist Richard Hoey. Hoey (pictured) made the comments in his February outlook.  ... »

Article
Christiopher Elvin, Preqin

55% of private equity firms surveyed by Preqin at the end of 2014 stated they would deploy greater levels of capital in 2015, although 39% suggested it is more difficult to find attractive investments. Preqin’s Christopher Elvin comments: ... »

Article
Christopher ELvin, Preqin

977 private equity funds held a final close throughout the year raising a total of USD486bn, higher than any annual amount between 2009 and 2012, and on track to match the 2013 total. Preqin’s Christopher Elvin (pictured) reviews a year of private equity fundraising:  ... »

latestjobs
C# Quantitative Developer

Thu, 05 Mar 2015 00:00:00 GMT

Financial Model Development Managaer

Thu, 05 Mar 2015 00:00:00 GMT

Senior C# Web Developer 200-300K

Thu, 05 Mar 2015 00:00:00 GMT

events
3 days 11 hours from now - Boston
3 days 21 hours from now - Tokyo
4 days 11 hours from now - Singapore
specialreports