All news

LaSalle Investment Management lets industrial warehouse in Northampton

Fri, 19/03/2010 - 13:06
LaSalle Investment Management has announced the letting of an industrial warehouse building, in Sheaf Close, Lodge Farm, Northampton on behalf of Coal Pension Properties. »

CMSA welcomes US covered bond legislation


Fri, 19/03/2010 - 12:14
The Commercial Mortgage Securities Association has welcomed the introduction of covered bond legislation by the US House Financial Services Committee.  »

Brilla Group acquires hospitality consultants Richard J. Cotter

Fri, 19/03/2010 - 06:32
Brilla Group, a real estate private equity firm focused on acquiring luxury beachfront hotels and resorts in South Florida, the Caribbean and Mexico, has acquired Richard J Cotter & Associates, a boutique hotel consulting group. »

Starwood Capital consortium to invest up to USD905m in Extended Stay

Fri, 19/03/2010 - 05:57
Starwood Capital Group, TPG Capital and Five Mile Capital Partners have reached an agreement to invest up to USD905m in Extended Stay Hotels as part of a recapitalisation plan that would allow the hotel chain to emerge from bankruptcy. »

LTC increases unsecured credit agreement

Thu, 18/03/2010 - 16:04
Bank of America has signed a USD30m commitment amount increase request that will add it to LTC Properties’ three-year unsecured credit agreement dated 17 July 2008. »

S&P accolade for Thames River Real Estate Securities Fund

Thu, 18/03/2010 - 14:17
Standard & Poor’s has awarded the Thames River Real Estate Securities Fund an AA rating ahead of its launch on 8 April 2010. »

Gus Remppies appointed president of Grubb & Ellis Apartment Reit

Thu, 18/03/2010 - 12:09
Grubb & Ellis Apartment Reit has appointed Gustav G. "Gus" Remppies president of the company. »

EPRA expand board to 35 members

Thu, 18/03/2010 - 10:52
EPRA has expanded its board of directors to 35 members. »

Bowmark Capital backs GBP48m MBO of lettings agency

Thu, 18/03/2010 - 06:26
Private equity firm Bowmark Capital is backing the GBP48m management buy-out of Leaders, a UK residential lettings and property management agency, from property investment and development business RO Group.  »

First Potomac prices offering of 5,500,000 common shares

Thu, 18/03/2010 - 05:56
First Potomac Realty Trust has priced its underwritten registered public offering of 5,500,000 common shares of beneficial interest at a public offering price of USD14.50 per share. »

Templeton takes five per cent stake in Malaysian property developer

Wed, 17/03/2010 - 16:10
The emerging markets group of Templeton Asset Management has taken a placement of new shares in KSL Holdings Berhad, a Malaysian property development and investment company. »

AEW signs IPD contract to benchmark European funds

Wed, 17/03/2010 - 15:07
AEW Europe, a European real estate investment manager, has signed a rolling four-year European-wide contract with IPD to benchmark all of its core and value added funds.   »

Aberdeen predicts modest rental gains in Asia this year

Wed, 17/03/2010 - 14:42
The GDP recovery in Asia should be strong in 2010, but inflationary pressures are rising in most Asian economies, bringing about the prospect of higher interest rates and upward pressure on Asian currencies.  »

Dundee Reit closes public offering for USD100m gross proceeds

Wed, 17/03/2010 - 14:35
Dundee Reit has closed its public offering of Reit units, series A for USD25.25 per unit to results in gross proceeds of USD100,116,250. »

UK institutional non-listed market to reach GBP29bn in three years

Wed, 17/03/2010 - 13:40
The UK institutional non-listed real estate market is set to grow by 20 per cent over the next three years to GBP29bn, according to a report by Inrev. »

Legal & General Property acquires London office asset

Wed, 17/03/2010 - 12:26
Legal & General Property, on behalf of its Managed Fund, has purchased the freehold interest in 26 Red Lion Square, London WC1, from a client of Savills for approximately GBP57m. »

Hansteen to acquire German property portfolio for EUR330m

Wed, 17/03/2010 - 12:03
Hansteen Holdings, an investor in UK and Continental European real estate, has entered into a conditional agreement to acquire a 861,010 square metre German industrial property portfolio from HBI and HBI Delta Sub. »

Income growth key to US real estate market recovery, says IPD

Wed, 17/03/2010 - 10:37
Investment US commercial real estate delivered the worst returns on record in 2009, but new IPD research indicates potential for income growth-linked recovery in returns this year. »

AvalonBay names three executive vice presidents

Wed, 17/03/2010 - 06:46
AvalonBay Communities, a real estate investment trust with multi-family apartment communities in the US, has promoted three senior vice presidents - Sean Breslin, Bill McLaughlin, and Steve Wilson - to executive vice president positions. »

Standard Life acquires London West End property for GBP19m

Wed, 17/03/2010 - 05:57
Standard Life Investments has acquired 33 Charlotte Street, London W1, on behalf of its UK Property Fund for a net figure of GBP19.10m. »