The real estate division of Colonial First State Global Asset Management has started fundraising on an investment fund aimed at Australia's 'sub-regional' and 'neighbourhood' shopping centres.
2 min read · 05 January 2013
Morgan Stanley Capital Korea, the real estate investment entity responsible for managing the Korea acquisitions on behalf of the Morgan Stanley Real Estate Funds, is to close by the end of the year, as the firm’s investing strategy in Asia shifts.
2 min read · 05 January 2013
Australia’s Future Fund's real estate, private equity and infrastructure assets have increased as its overall assets grow past the A$70bn (€50.6bn; $69.4bn) mark for the first time.
1 min read · 05 January 2013
Morgan Stanley Real Estate Investing has secured refinancing for a 13-hotel strong portfolio in Japan originally bought for ¥280bn in 2007.
1 min read · 05 January 2013
Morgan Stanley Real Estate Investing has teamed up with German retail real estate investment and development firm Redos Real Estate to ‘invest several hundred million Euros’ in retail properties in Germany. The partnership, MSREI’s second struck this year in Europe, has started with the €150 million purchase of a 23-asset strong portfolio.
2 min read · 05 January 2013
John Klopp and Olivier de Poulpiquet become both joint CEO’s and CIO’s of Morgan Stanley Real Estate Investing, the real estate investment business of Wall Street bank Morgan Stanley. Both were recruited for other roles by the bank earlier this year.
2 min read · 05 January 2013
ING Real Estate Investment Management has agreed the sale of its A$2.5 billion Australian Securities Exchange-listed industrial fund to a consortium of buyers led by Sydney-based Goodman Group. The sale is the latest in a string of real estate offloads by Dutch parent company ING.
2 min read · 05 January 2013
Jay Mantz, president and chief investment officer of Morgan Stanley Real Estate Investing, told the PERE Forum: Europe that he expected the US to offer the best out-performance opportunities while Europe offers little by way of growth.
2 min read · 05 January 2013
Land Securities, the UK’s largest real estate developer, and Canary Wharf Group, owner of assets in Canary Wharf, today announced a joint venture to build a 690,000 square foot office in the City of London. The Financial Times reported the building would be backed by sovereign wealth from China Investment Council and Qatar Holdings.
2 min read · 05 January 2013
The Wall Street giant is set to sell its 44.7% position in Accordia, the golf course operator it originally acquired in 2001.
2 min read · 05 January 2013