Blackstone nears takeover for debt-ridden commercial real estate company Multi Corp
30 Aug 2013
Global investment firm the Blackstone Group is nearing the acquisition of European inner commercial retail developer Multi Corp, Bloomberg has reported.
http://www.altassets.net/private-equity-news/by-news-type/deal-news/blakstone-nears-takeover-for-debt-ridden-commercial-real-estate-company-multi-corp.html
Saturday, August 31, 2013
Thursday, August 29, 2013
Blackstone debt fund holds final close
August 28, 2013
Blackstone debt fund holds final close
The Blackstone Group has raised an additional $406 million in equity commitments for its Blackstone Real Estate Debt Strategies II (BREDS II), according to a filing with the Securities and Exchange Commission.
http://www.irei.com/blog/?p=1089
Blackstone debt fund holds final close
The Blackstone Group has raised an additional $406 million in equity commitments for its Blackstone Real Estate Debt Strategies II (BREDS II), according to a filing with the Securities and Exchange Commission.
http://www.irei.com/blog/?p=1089
Tuesday, August 27, 2013
AMP Capital Raises $300 Million For Infrastructure Debt Fund
Aug 26, 2013
ASIA
AMP Capital Raises $300 Million For Infrastructure Debt Fund
By GILLIAN TAN
Australian investment manager AMP Capital has raised an initial US$300 million for its AMP Capital Infrastructure Debt Fund II from investors in Europe and Asia.
http://blogs.wsj.com/moneybeat/2013/08/26/amp-capital-raises-300-million-for-infrastructure-debt-fund/
ASIA
AMP Capital Raises $300 Million For Infrastructure Debt Fund
By GILLIAN TAN
Australian investment manager AMP Capital has raised an initial US$300 million for its AMP Capital Infrastructure Debt Fund II from investors in Europe and Asia.
http://blogs.wsj.com/moneybeat/2013/08/26/amp-capital-raises-300-million-for-infrastructure-debt-fund/
Friday, August 23, 2013
Renshaw Bay launches real estate debt fund
http://www.efinancialnews.com/story/2012-08-22/renshaw-bay-has-made-its-debut-in-real-estate-debt?ea9c8a2de0ee111045601ab04d673622
Renshaw Bay launches real estate debt fund
Mike Foster
22 Aug 2012
Renshaw Bay, the investment boutique led by former JP Morgan banker Bill Winters, has launched its first fund, offering investors the opportunity to invest in real estate debt.
Renshaw Bay launches real estate debt fund
Mike Foster
22 Aug 2012
Renshaw Bay, the investment boutique led by former JP Morgan banker Bill Winters, has launched its first fund, offering investors the opportunity to invest in real estate debt.
Monday, August 19, 2013
Yelp Occupies 140 New Montgomery
http://news.theregistrysf.com/yelp-occupies-140-new-montgomery/
Yelp Occupies 140 New Montgomery
POSTED ON AUGUST 19, 2013 BY PUBLISHER IN AEC, COMMERCIAL, INDUSTRY NEWS
By Sharon Simonson
Business-review Web site Yelp Inc. has optioned an additional three floors totaling approximately 36,000 square feet at 140 New Montgomery St. in San Francisco.
Yelp Occupies 140 New Montgomery
POSTED ON AUGUST 19, 2013 BY PUBLISHER IN AEC, COMMERCIAL, INDUSTRY NEWS
By Sharon Simonson
Business-review Web site Yelp Inc. has optioned an additional three floors totaling approximately 36,000 square feet at 140 New Montgomery St. in San Francisco.
Sneak peek: Yelp's new San Francisco HQ set to open
http://www.bizjournals.com/sanfrancisco/blog/2013/08/sneak-peak-yelp-new-san-francisco-hq.html
Aug 19, 2013, 2:58pm PDT
Sneak peek: Yelp's new San Francisco HQ set to open
J.K. Dineen
Reporter-
San Francisco Business Times
You can say this about the historic Pacific Telephone tower at 140 New Montgomery: they are going to love it on Yelp.
Aug 19, 2013, 2:58pm PDT
Sneak peek: Yelp's new San Francisco HQ set to open
J.K. Dineen
Reporter-
San Francisco Business Times
You can say this about the historic Pacific Telephone tower at 140 New Montgomery: they are going to love it on Yelp.
Wednesday, August 14, 2013
INVESTMENT FLOWS INTO EUROPEAN RETAIL ARE 43% HIGHER IN H1 2013
14 August 2013
INVESTMENT FLOWS INTO EUROPEAN RETAIL ARE 43% HIGHER IN H1 2013
Half year investment volumes, at €14 billion, are up by 43% from the €9.8 billion recorded in the first half of 2012. Increased transaction volume is being driven primarily by the increased availability of stock on the market, which is helping to satisfy the latent investor demand for European retail assets. Whilst the traditional powerhouse markets of the UK, France and in particular Germany, continue to see healthy investment activity, investors are broadening their horizons across Europe. Sweden, Poland, Italy, Portugal, Slovenia and Austria, as well as Russia and Turkey, all had active quarters. As investor interest and activity is certainly more widespread than in previous years it is believed that it should sustain volumes over the second half which is traditionally busier than the first.
Source: Weight of Money trumps prospects of monetary tightening, JLL Q2 2013
http://www.pradera.com/retail-news/investment-flows-into-european-retail-are-43-highe
INVESTMENT FLOWS INTO EUROPEAN RETAIL ARE 43% HIGHER IN H1 2013
Half year investment volumes, at €14 billion, are up by 43% from the €9.8 billion recorded in the first half of 2012. Increased transaction volume is being driven primarily by the increased availability of stock on the market, which is helping to satisfy the latent investor demand for European retail assets. Whilst the traditional powerhouse markets of the UK, France and in particular Germany, continue to see healthy investment activity, investors are broadening their horizons across Europe. Sweden, Poland, Italy, Portugal, Slovenia and Austria, as well as Russia and Turkey, all had active quarters. As investor interest and activity is certainly more widespread than in previous years it is believed that it should sustain volumes over the second half which is traditionally busier than the first.
Source: Weight of Money trumps prospects of monetary tightening, JLL Q2 2013
http://www.pradera.com/retail-news/investment-flows-into-european-retail-are-43-highe
Monday, August 12, 2013
Irish investors sell Marks & Spencer's London HQ for €240m to Asian property syndicate
Irish investors sell Marks & Spencer's London HQ for €240m to Asian property syndicate
TOM LYONS – 11 AUGUST 2013
INVESTORS in D2 Private, including David Arnold, the father of actress Leigh Arnold, are close to bagging a significant profit by selling Marks & Spencer's headquarters in London for €240m.
http://www.independent.ie/business/irish/irish-investors-sell-marks-spencers-london-hq-for-240m-to-asian-property-syndicate-29489855.html
TOM LYONS – 11 AUGUST 2013
INVESTORS in D2 Private, including David Arnold, the father of actress Leigh Arnold, are close to bagging a significant profit by selling Marks & Spencer's headquarters in London for €240m.
http://www.independent.ie/business/irish/irish-investors-sell-marks-spencers-london-hq-for-240m-to-asian-property-syndicate-29489855.html
Wednesday, August 7, 2013
Investment in European industrial property returns to pre-crisis levels
August 6, 2013 5:30 pm
Investment in European industrial property returns to pre-crisis levels
By Ed Hammond, Property Correspondent
Spending on European industrial property has returned to pre-financial crisis levels as a range of international investors vie for warehouses, logistics hubs and small factories, underscoring the improving sentiment over the continent’s economy.
http://www.ft.com/cms/s/0/b98e961e-feac-11e2-b9b0-00144feabdc0.html#ixzz2bKSoAgD6
Investment in European industrial property returns to pre-crisis levels
By Ed Hammond, Property Correspondent
Spending on European industrial property has returned to pre-financial crisis levels as a range of international investors vie for warehouses, logistics hubs and small factories, underscoring the improving sentiment over the continent’s economy.
http://www.ft.com/cms/s/0/b98e961e-feac-11e2-b9b0-00144feabdc0.html#ixzz2bKSoAgD6
Goldman to Axa Ride London’s Crossrail Office Boom
Goldman to Axa Ride London’s Crossrail Office Boom
By Neil Callanan & Patrick Gower - Aug 6, 2013
London’s high-speed rail project is helping to drive an office-building boom on the City of London’s western edge as investors rejuvenate aging sites like Smithfield Market near future transport hubs.
http://www.bloomberg.com/news/2013-08-05/goldman-to-axa-ride-london-s-crossrail-office-boom-real-estate.html
By Neil Callanan & Patrick Gower - Aug 6, 2013
London’s high-speed rail project is helping to drive an office-building boom on the City of London’s western edge as investors rejuvenate aging sites like Smithfield Market near future transport hubs.
http://www.bloomberg.com/news/2013-08-05/goldman-to-axa-ride-london-s-crossrail-office-boom-real-estate.html
Monday, August 5, 2013
Saturday, August 3, 2013
Starwood Capital Group Purchases Liberty Center in Pittsburgh
Starwood Capital Group Purchases Liberty Center in Pittsburgh
Transaction includes Federated Tower and the Westin Pittsburgh
GREENWICH, Conn., Aug. 2, 2013 /PRNewswire/ -- Starwood Capital Group, a leading global private investment firm focused on real estate, announced today that an entity controlled by Starwood Distressed Opportunity Fund IX has acquired Liberty Center, a prominent mixed-use office and hotel asset located in downtown Pittsburgh's "Golden Triangle." The property was acquired from a partnership that included Forest City Enterprises, Inc. and Jos. L. Muscarelle, Inc., for a gross selling price of $135 million.
http://www.prnewswire.com/news-releases/starwood-capital-group-purchases-liberty-center-in-pittsburgh-218083091.html
Transaction includes Federated Tower and the Westin Pittsburgh
GREENWICH, Conn., Aug. 2, 2013 /PRNewswire/ -- Starwood Capital Group, a leading global private investment firm focused on real estate, announced today that an entity controlled by Starwood Distressed Opportunity Fund IX has acquired Liberty Center, a prominent mixed-use office and hotel asset located in downtown Pittsburgh's "Golden Triangle." The property was acquired from a partnership that included Forest City Enterprises, Inc. and Jos. L. Muscarelle, Inc., for a gross selling price of $135 million.
http://www.prnewswire.com/news-releases/starwood-capital-group-purchases-liberty-center-in-pittsburgh-218083091.html
Friday, August 2, 2013
A Simple Solution for America's Looming Commercial Debt Crisis
A Simple Solution for America's Looming Commercial Debt Crisis
By JASON GOLD
August 1, 2013
As the housing sector continues its apparent recovery, some U.S. lawmakers are turning their attention to a looming crisis in the commercial real estate market, which is threatened by an avalanche of debt as loans made during the heady days of the early aughts start coming due over the next five years.
http://www.usnews.com/opinion/blogs/economic-intelligence/2013/08/01/a-simple-solution-for-americas-looming-commercial-debt-crisis
By JASON GOLD
August 1, 2013
As the housing sector continues its apparent recovery, some U.S. lawmakers are turning their attention to a looming crisis in the commercial real estate market, which is threatened by an avalanche of debt as loans made during the heady days of the early aughts start coming due over the next five years.
http://www.usnews.com/opinion/blogs/economic-intelligence/2013/08/01/a-simple-solution-for-americas-looming-commercial-debt-crisis
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