All Real Assets articles in July 2007 (Online) – Page 4

  • News

    Rodamco moves into Le Havre docklands

    2007-07-02T00:00:00Z

    FRANCE - Rodamco Europe has agreed to acquire a large shopping and leisure centre under development in the Le Havre harbour area, the firm has announced. The €10.6bn company said it has signed an agreement with Vinci Immobilier and ING Real ...

  • News

    Cornerstone to market new hotel fund

    2007-07-02T00:00:00Z

    UNITED STATES - Cornerstone Real Estate Advisers is to begin the marketing process for its next commingled fundraising. The real estate manager is looking at raising around $400m ($297.1m euros) to $600m through the Cornerstone Hotel Income and Eq...

  • News

    Germany ‘still offers best opportunities’

    2007-07-02T00:00:00Z

    GERMANY - International Real Estate (IRE) has ruled out expansion outside German property despite recent investor jitters over market underperformance. This vote of confidence came as the AIM-listed investment firm posted year-end pre-tax profits ...

  • News

    Morgan Stanley fund reaches $8bn height

    2007-07-02T00:00:00Z

    UNITED STATES - Morgan Stanley Real Estate has raised $8bn (€5.94bn) for its most recently-completed international commingled fund MSREF VI International. – the largest sum ever raised for a single real estate fund. Capital raised was ...

  • News

    Orange County Employees places $116m

    2007-07-02T00:00:00Z

    UNITED STATES - Orange County Employees Retirement System has approved real estate investments totaling $116m (€86.4m) to be invested in a mixture of public and private real estate. The pension fund approved $75m of capital to be managed by ...

  • News

    RREEF takes to the road for €1.3bn

    2007-07-02T00:00:00Z

    EUROPE - RREEF Infrastructure has acquired 50% of German motorway service operator Tank & Rast for a reported €1.3bn. The acquisition, from private equity firm Terra Firma, includes 390 motorway service stations across Germany. John ...