Sign up for free newsletter

 

Acquisitions

document signing

Tritax Big Box REIT acquires New Look distribution centre for GBP30.05m

Tue, 05/05/2015 - 08:52

Tritax Big Box REIT has exchanged contracts on one of the two adjoining New Look Retailers Ltd National and European Distribution Centres at Lymedale Business Park, Newcastle-under-Lyme. »

Toronto

Allied Properties REIT acquires 511-539 King Street West in Toronto

Fri, 01/05/2015 - 21:00

Allied Properties REIT is to purchase 511-539 King Street West in Toronto for CAD100 million. »

Moody Embassy Suite Nashville

Moody National REIT I to acquire Embassy Suites Nashville

Thu, 30/04/2015 - 17:15

Moody National REIT I has agreed a contract to purchase the Embassy Suites Nashville for USD66,300,000, excluding acquisition costs. »

two fingers

Four Springs Capital Trust acquires two industrial properties

Thu, 30/04/2015 - 14:30

Four Springs Capital Trust (FSCT) has recently acquired two properties. »

closed sign

Griffin Capital Essential Asset REIT II acquires property leased by Administrative Office of the Pennsylvania Courts

Thu, 30/04/2015 - 09:30

Griffin Capital Corporation, on behalf of Griffin Capital Essential Asset REIT II, has closed on the acquisition of a 56,556 sq ft, single-storey, office building  in Mechanicsburg, Pennsylvania. »

closed sign

Gramercy Europe acquires EUR21m industrial property in Neuwied, Germany

Thu, 30/04/2015 - 06:00

Gramercy Property Europe has closed its first acquisition – the purchase and leaseback of an approximately 430,000 square foot industrial warehouse located near Neuwied, Germany.  »

pound signs

Tritax Big Box REIT acquires B&Q distribution centre in Nottinghamshire

Wed, 29/04/2015 - 19:00

Tritax Big Box REIT has acquired the B&Q Core Products Regional Distribution Centre at Worksop, Nottinghamshire for a purchase price of GBP89.75 million reflecting a net initial yield of 5.13 per cent on the corporate acquisition.  »

hand shake

TIAA-CREF acquires full ownership of TIAA Henderson Real Estate

Wed, 29/04/2015 - 12:00

TIAA-CREF is to acquire the remaining ownership interest in TIAA Henderson Real Estate (“TH Real Estate”) from its joint venture partner, Henderson Global Investors (“Henderson”) for GBP80 million. »

Bristol

Empiric acquires student accommodation development in Bristol

Wed, 29/04/2015 - 06:00

Empiric Student Property has acquired the freehold of a development site and entered into a forward funded arrangement in respect of a development known as William & Matthew House, in Bristol.   »

Saudi Arabia

Gatehouse Bank completes GBP17.92 million financing of UK industrial estate

Tue, 28/04/2015 - 20:00

Gatehouse Bank, a London-based investment bank specialising in Shariah-compliant products and services, is to provide GBP17.92 million of senior financing following the recent acquisition of a UK industrial estate by Saudi Arabia’s SEDCO Capital.  »

Texas

Dividend Capital Diversified Property Fund acquires City View portfolio

Tue, 28/04/2015 - 11:00

Dividend Capital Diversified Property Fund has acquired the City View Portfolio, a collection of four multi-tenant office buildings in Austin, TX, for USD68.75 million.  »

man with megaphone

Blackstone acquires 16 UK logistics assets

Tue, 28/04/2015 - 09:00

Blackstone Real Estate Partners Europe IV has acquired six million sq ft of logistics assets in the UK for its European logistics company, Logicor, from a joint venture between funds managed by Oaktree Capital Management and Anglesea Capital. »

document and pen

Prudential Real Estate Investors acquires interest in Siemens Campus in Munich from RFR and HIH

Fri, 24/04/2015 - 09:00

Prudential Real Estate Investors has acquired a majority interest in the Munich Siemens Campus in a joint venture with an institutional investor from a fund structure managed by HIH Hamburgische Immobilien Handlung, and RFR Lux Holdings. »

man with megaphone

BlackRock Infrastructure acquires 90% interest in 80MW Iowa wind portfolio

Fri, 24/04/2015 - 06:00

A fund managed by BlackRock Infrastructure Investment Group has purchased a 90 per cent interest in an 80MW Wind Portfolio consisting of the 42.5MW Elk and 37.5MW Hawkeye Wind Projects, located in Iowa from RPM Access LLC (RPMA).  »

two fingers

PURetail fund acquires two German retail assets from Deutsche Asset & Wealth Management

Thu, 23/04/2015 - 18:00

La Française Forum Real Estate Partners and Aberdeen, on behalf of the PURetail fund, have purchased a prime mixed use (retail and office) asset in Stuttgart and a core retail asset in Lübeck, Germany from Deutsche Asset & Wealth Management (Deutsche AWM). »

man with megaphone

Tristan fund acquires Dartford Shopping Centre in GBP33m debt deal

Thu, 23/04/2015 - 12:00

The Curzon Capital Partners III (CCP III) core plus fund, advised by Tristan Capital Partners, has purchased The Priory Centre, a convenience led shopping centre in Dartford town centre, from the Co-operative Bank for GBP33 million. »

Seattle

Donahue Schriber Realty Group acquires Interbay Urban Center in Seattle

Thu, 23/04/2015 - 10:30

Donahue Schriber Realty Group (DSRG), a privately-held Real Estate Investment Trust (REIT), has acquired Interbay Urban Center, a 80,560-square-foot grocery anchored centre in Seattle, Washington.  »

Australia flag

Turner & Townsend Thincs big with Australian acquisition

Wed, 22/04/2015 - 19:30

Turner & Townsend, the global programme management and construction consultancy, has acquired Australian project management specialist Thinc, creating a combined company with more than 400 expert staff based in ten locations across Australia. »

Hines Nestle House

Hines Poland Sustainable Income Fund acquires Nestlé House office building

Wed, 22/04/2015 - 19:00

The Hines Poland Sustainable Income Fund has purchased the Nestlé House office building (formerly known as Pacific Office Building) from Kronos Real Estate.  »

Munich

Tristan’s EPISO 3 Fund acquires Karstadt Building in Central Munich in JV with Signature Capital

Tue, 21/04/2015 - 11:30

European Property Investors Special Opportunities 3 (EPISO 3), an opportunity fund advised by pan-European real estate investment manager Tristan Capital Partners, has acquired the landmark Karstadt department store building opposite the main train station in central Munich in a joint venture with Signature Capital.  »

Denver

City Office REIT to acquire Denver office property

Tue, 21/04/2015 - 06:00

City Office REIT is to acquire Superior Pointe in the Denver, Colorado metropolitan area for a purchase price of USD25.8 million. Superior Pointe is a 149,006 square foot Class 'A' multi-tenant office property that is 90 per cent occupied.  »

Austria

WP Carey acquires EUR 23.4m Hornbach retail facility

Mon, 20/04/2015 - 17:30

WP Carey has acquired a retail hypermarket and garden centre in Bad Fischau, Austria for EUR23.4 million from UK developer Richardson Capital. It is net leased to the Austrian subsidiary of German Do-It-Yourself (DIY) retailer, Hornbach Baumarkt. »

French flag

Schroder Real Estate makes EUR29.5 million retail purchase in France

Fri, 17/04/2015 - 16:00

Schroder Real Estate, on behalf of Immobilien Europa Direkt, has completed the acquisition of a freehold retail property near Bordeaux in France.  »

hand shake

Aquila Capital acquires German logistics centre for institutional mandate

Thu, 16/04/2015 - 21:00

Aquila Capital has acquired a logistics centre for an undisclosed sum on behalf of a group of institutional investors in Asia. The centre, which spans 80,000 sq m, is in a prime location in Worms, south-west Germany. »

hand shake

COPT acquires 240,400 sq ft class A office building

Thu, 16/04/2015 - 15:30

Corporate Office Properties Trust (COPT) has acquired Metro Place II, a 240,400 square foot, Class-A office building that is 100% leased to customers in COPT’s Strategic Tenant Niche, for approximately USD83 million. »

document signing

Picton acquires EC1 leasehold interest

Thu, 16/04/2015 - 06:00

Picton Property Income Limited has acquired a long leasehold interest at Unit 12 Angel Gate, City Road, London EC1 for a net consideration of GBP1.1 million, reflecting approximately GBP350 per sq ft. »

man with megaphone

Cording expands into Benelux

Wed, 15/04/2015 - 18:30

UK and northern European real estate investment management business Cording Real Estate Group has expanded its platform into Benelux with the acquisition of Horizon Investment Management. »

Australia map

Ivanhoé Cambridge makes first direct investment in Australia

Wed, 15/04/2015 - 06:00

Ivanhoé Cambridge has acquired a 25 per cent interest in Liberty Place, a core office property in Sydney, Australia. Blackstone Property Partners Asia partnered on the purchase from Lasalle Investment Management, for a total investment of AUD240 million. »

Pure West Avenue

Pure Multi-Family REIT makes USD54.3m property acquisition

Tue, 14/04/2015 - 15:45

Pure Multi-Family REIT is to acquire a multi-family apartment community located in San Antonio, Texas for a purchase price of USD54,250,000. »

Florida

Starlight US Multi-Family (No4) Core Fund acquires two properties

Mon, 13/04/2015 - 09:00

Starlight US Multi-Family (No4) Core Fund has successfully completed the acquisition of two properties located in Orlando and Tampa, Florida comprising 688 multi-family residential units for an aggregate purchase price of approximately USD96.93 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: ... »

latestjobs
Healthcare Associate Investment Banking NYC

Mon, 04 May 2015 00:00:00 GMT

Analyst or Associate Consumer Investment Banker

Mon, 04 May 2015 00:00:00 GMT

M&A Associate New York City IBD

Mon, 04 May 2015 00:00:00 GMT

events
17 hours 59 min from now - London
1 day 17 hours from now - Chicago
1 week 6 days from now - Charlottesville
specialreports