Acquisitions

LCP Ambrosia Ave.

LCP’s newest fund announces SIPP eligibility as it makes its first three purchases

Mon, 26/01/2015 - 16:15

London Central Portfolio has just completed the first acquisition for their fourth and newest listed property fund, London Central Apartments II (LCA II).  »

IT security

Bridge Growth Partners acquires CRGT

Mon, 26/01/2015 - 14:00

Private equity firm Bridge Growth Partner has completed its acquisition of CRGT, a provider of agile software development, data analytics and cybersecurity services to Federal Government agencies, from an affiliate of Veritas Capital. »

german flag

Blackstone Acquires 160,000 sq m of logistics assets in Germany

Mon, 26/01/2015 - 09:00

Blackstone Real Estate Partners Europe IV has acquired three assets in Germany for its European logistics company, Logicor. »

MITSKA REIM

MITISKA REIM acquires two retail parks in Poland

Mon, 26/01/2015 - 06:00

MITISKA REIM, a Brussels-based real estate investment management company, has acquired a 100% interest in two retail parks in Poland. The Kaufland-anchored projects are located in Stalowa Wola and Andrychow. »

UK flag

Gaw Capital Partners advises Ping An Insurance on acquisition of Tower Place in London

Fri, 23/01/2015 - 09:00

Gaw Capital Partners, on behalf of Ping An Insurance has successfully acquired Tower Place, located in London's EC3 insurance district from Deutsche Asset & Wealth Management’s (DeAWM) real estate investment business. »

broom

Redevco makes high street property purchase in Paris’s Golden Triangle

Thu, 22/01/2015 - 10:30

Redevco has made its first acquisition following a period of strategic re-organisation of its portfolio to focus on core locations that are best adapted to the e-commerce revolution.  »

Amsterdam

Bouwinvest acquires Rotterdam World Trade Centre and Amsterdam’s Citroën Buildings

Thu, 22/01/2015 - 10:15

Institutional real estate investment manager Bouwinvest’s Dutch Office Fund has acquired the World Trade Centre in Rotterdam and the iconic “Citroën buildings” in south Amsterdam. »

London

Workspace Group acquires Edinburgh House and Peer House in London

Thu, 22/01/2015 - 06:00

Workspace Group has completed its acquisition of Edinburgh House, SE11 for GBP25.3m and Peer House, WC1 for GBP6.1m. »

industrial building

GTJ REIT acquires industrial building leased and occupied by Connecticut Lottery Corporation

Wed, 21/01/2015 - 11:15

GTJ REIT (GTJ) has acquired a single storey industrial building in Rocky Hill, CT, currently leased and occupied by the Connecticut Lottery Corporation for a term that expires June 2023. »

man with megaphone

LDC to acquire NEC Group from Birmingham City Council in GBP307m deal

Mon, 19/01/2015 - 09:00

Private equity house LDC is to acquire The National Exhibition Centre Group (NEC) in a transaction which values the business at around GBP307million.  »

French flag

Weinberg Capital Partners acquires French operations of Captiva Capital Management

Mon, 19/01/2015 - 06:00

Weinberg Capital Partners has acquired the French operations of Captiva Capital Management.  »

san francisco

ASB acquires class A office building in San Francisco’s Potrero Hill for USD92.6 Million

Fri, 16/01/2015 - 10:30

ASB Real Estate Investments has completed the USD92.6 million acquisition of the 444 De Haro Street office building in the rapidly redeveloping Potrero Hill submarket of San Francisco. »

Barcelona

Hispania acquires the Hesperia Ramblas and Vincci Malaga hotels

Thu, 15/01/2015 - 21:30

Hispania Activos Inmobiliarios, through its subsidiary Hispania Real SOCIMI, has acquired the Hesperia Ramblas hotel in Barcelona and the Vincci Málaga hotel for a total amount of EUR27.9 million.  »

number six

Pillar Income acquires six multi-family properties in 2014

Thu, 15/01/2015 - 15:45

Pillar Income Asset Management, a Dallas-based real estate advisory and management company, acquired six multi-family properties in 2014, totalling over a thousand units. »

three fingers

Merlin Properties makes three new acquisitions in December

Thu, 15/01/2015 - 10:30

Merlin Properties, a specialist in the acquisition and management of commercial real estate in the Iberian region, acquired three new assets in December 2014.  »

airplane

Strauss & Partner Deutschland and Munich Hotel Invest JV acquires Frankfurt Airport development site

Thu, 15/01/2015 - 06:00

Strauss & Partner Deutschland and Minich Hotel Invest have formed a joint venture to acquire a Alpha 1.4 development site of 2,900 square metres near Frankfurt Airport from the property company Grundstücksgesellschaft Gateway Gardens GmbH.  »

Germany map

INTERNOS acquires retail asset portfolio in Germany

Wed, 14/01/2015 - 12:15

INTERNOS Global Investors Limited has acquired a portfolio of 10 retail assets in Germany for EUR38.3 million.  »

number 6

Whitestone REIT completes 2014 with USD132.2m of acquisitions

Wed, 14/01/2015 - 10:30

Whitestone REIT completed USD132.2 million in acquisitions during 2014 adding six new Community Centered Properties with 630,684 square feet to bring its total portfolio to 5.5 million square feet.  »

pound sign

M&G Real Estate makes first acquisition of 2014

Tue, 13/01/2015 - 18:00

M&G Real Estate has acquired 3 Hardman Square, Spinningfields, Manchester for GBP91.7 million, from Credit Suisse Asset Management, reflecting a net initial yield of 5.8%. »

abbacus

ASB increases Venice-Santa Monica retail portfolio to 23,500 sq ft

Tue, 13/01/2015 - 13:30

ASB Real Estate Investments has added the USD5.8 million acquisition of 1140-1142 Abbot Kinney Boulevard in Venice, CA, to its recent purchases of seven boutique retail properties in Venice and Santa Monica. »

closed sign

Gramercy Property Trust has closed the acquisition of two industrial properties totalling approximately 676,000 square feet.

Tue, 13/01/2015 - 12:30

The properties are 100% leased with a weighted average lease term of approximately 11.6 years. »

student hat

Unite Students secures prime site in Coventry

Tue, 13/01/2015 - 12:15

Unite Students has acquired a development site, subject to planning, in the centre of Coventry. It is envisaged that the site will provide a home for approximately 280 students and is scheduled to be open in time for the 2017/18 academic year. »

industrial office building

Brennan Investment Group and Goldman Sachs acquire 23-building industrial portfolio

Tue, 13/01/2015 - 06:00

Private real estate investment firm Brennan Investment Group has acquired a 23-building, 4.68 million square foot industrial portfolio in a joint venture with Goldman Sachs.  »

numbers and magnifying glass

TPG Real Estate acquires USD2.5bn high-yield real estate loan portfolio from Deutsche Bank

Mon, 12/01/2015 - 12:00

TPG Real Estate has acquired a majority stake in a USD2.5 billion portfolio of high-yield real estate loans from Deutsche Bank’s Special Situations Group. »

Luxembourg

AXA Real Estate completes first acquisition in Luxembourg on behalf of the Caesar Fund

Wed, 07/01/2015 - 11:45

AXA Real Estate Investment Managers has completed the acquisition of all the shares of a company owning a core office building in the Kirchberg area of Luxembourg, “Monnet 6”, from Deka Immobilien GmbH for EUR32.2 million.  »

2051 Palomar

Hines/Oaktree venture acquires 2051 Palomar

Tue, 06/01/2015 - 18:45

Hines, along with a real estate fund managed by Oaktree Capital Management, has acquired 2051 Palomar, a 178,570-square-foot office/research & development project on a 13-acre site, in Carlsbad, California.   »

number 6

Gramercy Property Trust closes on USD109.9m in year-end acquisitions

Tue, 06/01/2015 - 09:00

Gramercy Property Trust has closed on the acquisition of one office and six industrial properties in six separate transactions totalling approximately 1.5 million square feet.  »

Williams Trace Plaza

Whitestone REIT acquires Williams Trace Plaza and Shops in Houston, Texas for USD40.7m

Fri, 02/01/2015 - 10:33

Whitestone REIT has acquired two Community centreed Properties, Williams Trace Plaza and Shops at Williams Trace in Sugar Land, Texas.  »

Two fingers

GRIF acquires two portfolios for GBP20.67m

Wed, 24/12/2014 - 15:03

Ground Rents Income Fund (GRIF), a listed real estate investment trust (REIT) investing in UK ground rents, has completed the acquisition of two portfolios for a total of GBP20.67 million. »

Scotland flag

Empiric completes acquisition of Willowbank development asset in Glasgow

Wed, 24/12/2014 - 12:23

Empiric Student Property has secured planning approval and listed building consent to redevelop the former Willowbank Primary School into direct-let premium student accommodation. »

features
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Cayman Islands Hedge Fund Services 2014

Cayman Islands Hedge Fund Services 2014

Fri, 19/12/2014 - 10:24

With service providers reporting growth in hybrid funds, funds for single investors and bespoke managed accounts, this report examines the regulations and new services being developed in Cayman to tackle the fast-changing offshore funds market... »

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:  ... »

Comment
Andrew Milligan, Standard Life Investments

2015 a pivotal year for global markets

Mon, 22/12/2014 - 09:57

Standard Life Investments, the global investment manager, believes that 2015 has all the hallmarks of a pivotal year for global financial markets. Andrew Milligan, Head of Global Strategy, Standard Life Investments, comments… ... »

Article
Up arrow

Over half of infrastructure funds that closed in 2014 exceeded their fundraising target, up from 37% of funds in 2013. Andrew Moylan, Preqin’s Head of Real Assets Products, takes a look at infrastructure fundraising over the last 12 months: ... »

Special report
Guide to relocation 2014

Guide to Relocation 2014

Mon, 24/11/2014 - 10:53

The GFM Guide to Relocation 2014 draws together in one volume the key points covering the relocation of investment funds and managers to the following major jurisdictions – The Bahamas, BVI, Guernsey, Malta and Ticino... »

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