Michael Neal, fund manager of the Henderson Retail Warehouse Fund

Henderson disposes of 25 per cent stake in the Brewery, Romford

Henderson Global Investors, on behalf of the GBP1bn Henderson Retail Warehouse Fund, has completed the sale of a 25 per cent stake in the Brewery in Romford to Prupim for GBP44.25m.   »


Commercial property

Hartman Income Reit adds to Houston office portfolio

Houston-based Hartman Income Real Estate Investment Trust’s jointly-owned subsidiary Hartman 1960 Properties has purchased 616 FM 1960 from Koll Bren Fund V. »


Office buildings

Tetragon Financial Group invests in GreenOak Real Estate

Tetragon Financial Group has entered into an agreement with John Carrafiell, Sonny Kalsi and Fred Schmidt to invest in their newly created multi-jurisdictional real estate venture, GreenOak Real Estate. »


Declan O’Sullivan, head of Dechert’s Dublin team

Dechert opens Dublin office

Law firm Dechert has opened its Dublin office and is expanding its European funds practice. »


Mortgage

Vornado acquires 26.2 per cent equity interest in LNR Property

Vornado Realty Trust has acquired a 26.2 per cent equity interest in LNR Property for a new investment of USD116m in cash and conversion into equity of its USD15m mezzanine loan (current carrying amount) made to LNR's parent. »


300 North LaSalle

Hines sells office tower in Chicago

The Chicago office of real estate firm Hines has sold 300 North LaSalle to KBS Realty Advisors, a Southern California investment firm.  »


Commercial property

More positive signals for European office markets

Although austerity measures and concerns surrounding sovereign debt in European economies triggered a new wave of economic uncertainty and volatility in financial markets, positive signs increased in the office markets during quarter two 2010, according to Jones Lang LaSalle’s Q2 2010 European Property Clock. »


Map of Germany

Henderson launches German Retail Income Fund

Henderson Global Investors has launched the German Retail Income Fund, a specialist property fund aimed at German institutional investors. »


Sold sign

Carlyle enters residential market with GBP40m Chelsea acquisition

Private equity firm The Carlyle Group has entered the UK residential market with the GBP40m acquisition of a development site in the heart of Chelsea in a 50:50 joint venture with the Athos Group.  »


Handshake and money

Pure Industrial closes CAD14.8m sale-leaseback transaction

Pure Industrial Real Estate Trust has closed a single tenant, income-producing industrial property for a total purchase price of CAD14,800,000. »


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