News & Analysis

The private equity firm has formed a $160m joint venture with Triyar Hospitality to invest in niche hospitality assets in the US.

J.E Roberts has named former GE Real Estate head Michael Pralle as the firm’s new president and chief operating officer.

The Carlyle Group has closed its third US-focussed fund on $605 million, bringing the 10-year-old venture arm’s total capital under management to $3.8 billion. It is the third fund the buyout giant has closed in the past four weeks.

Frontier Capital has brought in institutional investors for its second fund, which at $115 million is more than twice the size of the firm’s first vehicle.

Bill Hughes is to become managing director in charge of property at British insurer Legal & General, having left Deutsche Bank’s RREEF at the end of August.

The US investment firm continues to roll out investments in single tenant commercial and industrial properties around the world for its fifteenth managed fund, CPA: 16-Global.

The European firm is priming for greater activity in the Nordic region and Baltic states by hiring three real estate pros and opening an office in Stockholm.

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.

Citi’s real estate investment management group has added Shanti Sen as a managing director, further driving its investment activities abroad.

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.