The Canada Pension Plan Investment Board has agreed to inject equity into a retail park fund advised by REIT, British Land, and managed by Schroder Property.
2 min read · 05 January 2013
Portland Capital, a London-based firm backed by Apax founder Sir Ronald Cohen, is reportedly winding down its business specialising in managing a real estate securities fund.
1 min read · 05 January 2013
Fresh from a $1.9bn fund close, the private equity and real estate firm has doubled the size of platform company Care Aspirations.
2 min read · 05 January 2013
PEI Media’s sister publication, PERE magazine, recent sat down to speak with Keith O’Donnell, the global head of real estate at Taxand, to discuss the grand tax themes shaping the industry. From crackdowns on abuse of tax treaties to attacks on interest deductibility of intra-company loans and the taxation of debt investments, there is plenty to concern private fund managers.
6 min read · 05 January 2013
More than $93bn worth of properties in the US are in default, foreclosure or bankruptcy. Research by Real Capital Analytics warns the equity in $1.3tn of property bought or refinanced between 2006 and 2008 is at risk - if it hasn't already been wiped out.
1 min read · 05 January 2013
Adam Applegarth, who was chief executive of Northern Rock when it was saved by the UK government last year, is reportedly taking up an advisory role at Apollo Management.
1 min read · 05 January 2013
Apollo has made an investment for its latest European fund by investing in German property. The seller was listed UK real estate company and fund manager Capital & Regional which branched out into Germany in recent years.
1 min read · 05 January 2013
London-based smaller companies investor Acuity looks to raise £100m for a vehicle predicated on local authorities having to meet government targets on organic waste recycling.
1 min read · 05 January 2013
GI Partners’ European managing director Mark Tagliaferri on the firm’s $1.9bn fundraise and strategy
2 min read · 05 January 2013
The US bank is reportedly selling the Shama Xujiahui serviced apartment block, an asset Morgan Stanley bought in early 2007.
1 min read · 05 January 2013
