All news

Barry Sternlicht, chief executive, Starwood Capital

Starwood Capital to open office in Brazil

Wed, 11/08/2010 - 10:06

Starwood Capital Group, a private equity firm focused on real estate and energy investing, is hiring Rodolfo Senra and Vitor Senra to open the firm’s first office in Brazil headquartered in Sao Paolo. »

AMB Property leases 139,900 square foot in Europe

Wed, 11/08/2010 - 09:50

AMB Property, an owner, operator and developer of industrial real estate, has leased approximately 139,900 square feet (13,000 square meters) of its Europe operating and development portfolio. »

LaSalle leases store unit in Augsburg to Ernsting’s Family

Wed, 11/08/2010 - 05:03

LaSalle Investment Management has leased out a unit in a retail centre located in Donauwörther Straße in Augsburg, Germany, on behalf of its LaSalle German Income and Growth Fund. »

Nigel Strachan, Ed Devonport, Jersey Funds Association

New heads for Jersey Funds Association

Wed, 11/08/2010 - 05:00

Nigel Strachan, Head of New Business for corporate clients at Kleinwort Benson (pictured above left), has been appointed Chairman of the Jersey Funds Association and Edward Devenport (pictured above right), partner at Mourant Ozannes, takes on the role of Vice Chairman. »

Ian Mackie, LaSalle Asia Opportunity Fund president

LaSalle completes real estate transactions worth USD345m

Tue, 10/08/2010 - 15:11

LaSalle Investment Management has closed three transactions in Asia Pacific worth a combined USD345m. »

Basil Al-Rahim, MerchantBridge group chief executive officer

MerchantBridge seals USD20m hospitality deal with Monaco Luxury Hotels

Tue, 10/08/2010 - 15:06

MerchantBridge, a direct investment and private equity company, has signed and agreed terms to invest in Monaco Luxury Hotels & Resorts in a USD20m transaction. »

Nick Gregory, Local Shopping Reit’s joint chief executive officer

Local Shopping Reit lets 40 retail units

Tue, 10/08/2010 - 13:17

The Local Shopping Reit, a UK real estate investment trust focused on investments in local shopping assets, let 40 retail units generating an annualised total rent of GBP355,770 for the four months to 31 July 2010. »

Adrian Wyatt, chief executive of Quintain

Quintain’s iQ portfolio sees beds increase by 20 per cent

Tue, 10/08/2010 - 11:33

Quintain Estates & Development says its iQ portfolio has increased beds by 20 per cent and has achieved record reservations for the 2010/11 academic year. »

CommonWealth Reit enters USD750m bank facility

Tue, 10/08/2010 - 10:52

CommonWealth Reit has entered a USD750m unsecured revolving bank credit facility. »

OakRun Capital launches real estate syndication

Tue, 10/08/2010 - 10:20

OakRun Capital has assembled a team of commercial real estate professionals with experience throughout the southern, eastern, and mid-western US. »

State of commercial real estate remains questionable, says Grant Thornton

Tue, 10/08/2010 - 09:27

Even as the economy struggles to regain its footing in the post-recessionary environment, the state of the commercial real estate industry remains questionable, according to a report by Grant Thornton. »

Fuller Real Estate joins Cassidy Turley

Tue, 10/08/2010 - 06:14

Denver-based Fuller Real Estate has joined Cassidy Turley, a commercial real estate services provider in the US. »

Eric Adler, chief executive Europe, Pramerica Real Estate Investors

European real estate debt markets showing signs of life

Tue, 10/08/2010 - 05:12

Europe’s economic recovery appears to have gained traction in the second quarter, although growth forecasts remain downbeat, a report by Pramerica Real Estate Investors says. »

The Pointe at Chapel Hill Apartment Homes

Henderson acquires apartment complex in North Carolina for Casa IV

Mon, 09/08/2010 - 15:10

Henderson Global Investors has acquired The Pointe at Chapel Hill Apartment Homes for USD25,425,000 on behalf of its multi-family fund, Casa Partners IV. »

Alexandria Real Estate Equities to acquire three life science properties

Mon, 09/08/2010 - 15:06

Alexandria Real Estate Equities has entered into a definitive agreement to acquire three life science properties and other selected assets and interests of privately-held Veralliance Properties, a San Diego-based corporate real estate solutions company. »

Asia Reit market returns diminished by weaker equity sentiment in Q2

Mon, 09/08/2010 - 14:09

Asian economies continued their upward momentum in the second quarter, but the sovereign debt crisis in the eurozone and questions about the sustainability of growth in China may affect Asia’s performance in the next six months, according to a report from Pramerica Real Estate Investors. »

Quintain sells Greenwich Peninsula’s Pier Walk to Deka

Mon, 09/08/2010 - 13:37

Quintain Estates and Development has sold Pier Walk at Greenwich Peninsula to Deka Immobilien, a subsidiary company of the DekaBank Group, Germany’s largest manager of open-ended property funds. »

Dragon Acquisition changes name to China Oumei Real Estate

Mon, 09/08/2010 - 11:11

Dragon Acquisition, a housing and real estate development company headquartered in Shandong province, China, has received approval from its shareholders to change the name of the company to China Oumei Real Estate and to amend and restate the company's memorandum and articles of association. »

Timbercreek launches global real estate fund

Mon, 09/08/2010 - 09:38

Timbercreek Asset Management has launched the Timbercreek Global Real Estate Fund in Canada. »

Legal & General acquires three buildings at Cambridge Science Park

Mon, 09/08/2010 - 05:05

Legal & General Property, on behalf of the Managed Fund, has acquired the long leasehold interest in 194, 196 and 198 Cambridge Science Park from Trinity College Cambridge for circa GBP35m, reflecting a net initial yield of 6.62 per cent. »