Robin Marriott
The New York private equity firm has set up a five year fund with Sino-Ocean Land into which both parties are putting $70m.
The New York firm has exchanged contracts to buy a £60m data centre in London in its first deal in Europe since taking over Citi Property Investors last November.
The New York investment firm has won an auction alongside partner Chatham Lodging Trust to acquire 64 hotels from Innkeepers USA Trust, which filed for Chapter 11 bankruptcy protection in 2010.
Landmark Partners' chief executive officer, Francisco Borges, says at $718m, Landmark Real Estate Fund VI is the largest single-pooled real estate secondary fund ever raised, while the market is still in the ‘early innings’ of the cycle.
New York-based Cerberus Capital Management says it sees opportunity in the region as it strikes its third significant Euro deal in the past five months.
Alok Gaur, formerly of Credit Suisse Real Estate Private Funds Group and more recently Greenhill & Co, has joined Carlyle in its Washington DC headquarters.
The private equity and real estate firm has bought a portfolio of residential mortgages backed by assets in the Netherlands.
Westbrook Partners emerged on Tuesday as a white knight for a respected London-based property company with good assets but in need of assistance.
Three weeks ago, PERE caught up with Martyn McCarthy, European chief executive of Valad Europe, the multi-let specialist with €5bn of assets under management.
The senior European managers of Sydney-based real estate fund manager Valad have made an indicative proposal to buy out the €5 billion platform