Eva Poon

CB Richard Ellis Strategic Partners US 5 gives the Los Angeles-based global investment firm $6.4bn in buying power as it targets value-add and opportunistic real estate investments in the US with a focus on distressed assets.

Continuing to expand its European research team, the global real estate investment firm has added former IPD chief economist Sabina Kalyan as its new European strategy chief.

Citi Alternative Investments’ infrastructure unit has teamed with Vancouver Airport Authority to pursue airport investments as it targets $5bn for its infrastructure fund.

The Bahrain-based investment firm has acquired a European logistics warehouse developer - two months after announcing its $1 billion JV with ProLogis to develop and acquire industrial properties in the Middle East.

The Atria West office complex situated in Los Angeles, California’s Santa Monica Boulevard, has traded hands for $47m.

Merrick Kleeman has parted ways with Starwood Capital and is launching a real estate investment firm targeting the hospitality sector.

Los Angeles-based multi-family investor IMT Capital has acquired a 253-unit townhouse and apartment complex in California’s Ventura County.

Private equity firms Colony Capital and Eurazeo plan to increase their stake in the hotel group Accor, which owns the Pullman and Ibis hotel chains, to 30 percent.

The alternative asset manager will be in fundraising mode this year for two new China-focused vehicles.

Core markets are once again the strategy of choice for investors in the wake of the credit crisis.