Real estate
FINLAND - CapMan establishes EUR 835m real estate fund
CapMan has held a first close of CapMan Hotel RE Ky, a real estate fund, on EUR 835m.
UK - Protego Real Estate appoints Alexandra McGhee
Protego Real Estate Investors has appointed Alexandra McGhee as associate - business development. McGhee joins from Bank of Scotland’s Integrated Finance team. Prior to this, she worked at Henderson Global Investors as finance manager to its Pan-European...
CEE - GED and Caja Madrid launch private equity real estate fund for South Eastern Europe
Spanish private equity company GED and Spanish saving bank Caja Madrid have set up GED Real Estate Eastern Investments (GED REEI) with initial capital of EUR 25m. The fund will invest in 10-15 projects with an investment amount of EUR 5m - 15m per project,...
FINLAND - The Carlyle Group makes first real estate investment in Finland
The Carlyle Group has made its first investment in Finland by acquiring four buildings in Helsinki from the pension fund of Finnish Broadcasting company, YLE. Carlyle Europe Real Estate Partners has acquired a portfolio of three properties located north...
FINLAND - CapMan strengthens its Real Estate team
Jorma Lehtonen has been appointed as CapMan Real Estate’s fund director and will be responsible for the investment activities of private equity real estate funds. In addition he will act as deputy to Markku Hietala, managing director of Realprojekti...
GERMANY - Carlyle acquires real estate portfolio from Concordia
The Carlyle Group has acquired a portfolio of 19 properties from insurance group Concordia. The portfolio consists of assets distributed throughout Germany, with a total area of approximately 42,400 m2 which can be rented.
SPAIN - Doughty Hanson boosts its real estate team
Fernando San Juan has recently joined Doughty Hanson's real estate team in Madrid.
FINLAND - CapMan’s real estate fund acquires Kalevankatu 20
CapMan Real Estate I has acquired the property and lot located at Kalevankatu 20 in Helsinki from the Local Government Pensions Institution for an undisclosed sum. Kalevankatu 20 is located in the Kamppi district of central Helsinki and comprises approximately...
GERMANY - Orlando Real Estate announces final close
Munich-based Orlando Real Estate GmbH has held a final close on its first fund, Special Situations Realty Partners I, on EUR 205m. The fund, which was launched in February 2006, has exceeded its initial target of EUR 150m and interest from investors was...
UK - Carlyle to commit £750m to UK real estate
Carlyle is to set up its first UK-only real estate vehicle - with £750m spending power - despite fears from some domestic operators that high returns have become harder to achieve, according to the FT.
UK - Real estate M&A to increase, says GT
The volume and value of mid-market M&A in the real estate sector has increased significantly over the past year, according to the latest Thomson Financial statistics analysed by Grant Thornton Corporate Finance. Whilst the number of mid-market deals in...