News & Analysis

Investors should look beyond ‘volatile’ short-term concerns in Europe and focus on longer-term issues such as economic growth, liquidity and risk-adjusted performance, according to a report by UK real estate fund manager, Invista. Germany, it said, was one of the most attractive locations.

UFG, a Moscow-based real estate investment firm, says it has made aggregate net IRRs of 71 percent from exiting four plots of a large-scale development project near St. Petersburg.

Thus far, the majority of the opportunity funds have been conservative in their approach to the UK. Slowly yet surely, they are moving in.

Dominic Petrucci, former chief operating officer of Cornerstone Real Estate Funds, has joined the firm as chief financial officer.

The Singapore developer and real estate investment firm looks to increase its exposure to Asia’s emerging markets just as it sells the Capital Tower Beijing complex for $352m. It first acquired the property three years ago, while it was under construction.

The real estate development and investment firm acquires 310 acres of industrial land in South Carolina saying increasing costs at West coast ports and rising demand from Asian shipping companies is boosting the attractiveness of East coast shipping-related investments.

The German insurance firm, which is the process of building a global property investment business, has acquired a stake in a New York office on the Avenue of the Americas.

Nils-Christian Haker is appointed chief operating officer of Atrium European Real Estate as its new investors, Citi Property Investors and Gazit-Globe, continue to restructure the Central and Eastern Europe shopping center company.

The Irvine, California-based firm, launched this year by former Grubb and Ellis chairman Anthony Thompson, has hired Neil Miller as chief operating officer and general counsel at the firm.

The AvalonBay Value Added Fund II will seek to acquire multifamily apartments in ‘high barrier-to-entry’ markets in the US.