Eva Poon

The Irvine, California-based firm is expanding its human capital following the initial close of its Western National Realty Fund II earlier this year.

The deal is the latest in a recent spate of US multifamily apartment acquisitions by private equity real estate investors. The acquisition was made through the firm's property vehicle, LRG Capital Real Estate Partners I Fund.

The office markets of both cities were expected to see a short-term drop in rents, with London the harder hit of the two cities over the next two years, according to a report from CBRE Investors. Long term rental growth in both cities will be driven by supply.

The Scottish government has given Donald Trump the green light on plans for an elaborate golfing, hotel and residential complex in Scotland. The development is set to break ground in 2009.

The US pension committed €200m to Blackstone’s latest Europe-focused property fund, Blackstone Real Estate Partners Europe III.

The Caisse de dépôt et placement du Québec is adjusting its investment strategies in private equity and real estate in response to the global financial crisis.

The private equity real estate firm has picked up a 494-unit apartment complex in Atlanta, Georgia. The deal follows close on the heels of its acquisition last month of two multifamily properties in Connecticut.

The $64bn Daido Life Insurance Company is eyeing the US real estate and credit markets owing to "opportunities" it said were created by the recent market downturn.

The Helios AR Real Estate Fund I will focus on investments in the Southeast and Mid-Atlantic US across the office, industrial, retail and related property sectors. Chairman and CEO Michael Adler said market conditions made it important to have discretionary funds available.

The real estate investment firm has appointed Timothy Zietara to help grow its debt business as it targets $1bn for its latest debt investment vehicle, ING Clarion Debt Opportunity Fund III.