Eva Poon
In a growing trend toward ‘green’ developments, Morgan Stanley Real Estate and East West Partners have partnered on the continued development of a 1,800-acre resort nestled in the Canadian Rockies.
The private equity real estate firm has acquired a stake in local real estate developer Shriram Properties, scant days after news emerged of Canadian pension fund manager Caisse’s plans to invest up to C$1.6bn in the country.
Canadian pension fund manager Caisse de depot et placement du Quebec is reportedly looking to spend C$1.6bn on real estate in India in the next five years.
Former Dubai Investment Group real estate chief Duncan Macaulay has joined Credit Suisse in Dubai to oversee its Middle East market.
Three weeks after The Carlyle Group announced its investment in Brazilian real estate developer Scopel, New Jersey-based Prudential Real Estate Investors has joined with Racional Engenharia to target investments in Brazil’s industrial property market.
New York-based private equity real estate firm Apollo has hired Cindy Wenig as general counsel to advise on its transactions in the US and abroad.
Joining a growing number of firms setting their sights on the healthcare sector, LaSalle has reportedly purchased nine medical office buildings in New York state.
Tishman Speyer and Lehman Brothers have purchased Colorado-based REIT Archstone-Smith for $22.2 billion, in one of the largest private equity real estate take-privates since Blackstone’s Equity Office acquisition.
The Carlyle Group’s new Latin America real estate team has agreed to invest in Brazilian real estate developer Scopel as part of the firm's strategic investments in the region.
The industrial property developer has picked up seventeen warehouse properties in Japan, having recently decided to double its total investment in the country to nearly $8bn by the end of 2009.