South Korea’s Public Officials Benefit Association has confirmed its commitment of an additional €200 million ($235.6 million) to a European investment vehicle managed by CBRE Global Investors and IGIS Asset Management, in a move that adds a third tranche of… Read More>>
ESR Unit Advises Samsung on €132M Buy of AEW Czech Warehouse
ESR’s Kendall Square Asset Management has acted on behalf of Samsung Securities to acquire the largest logistics facility in the Czech Republic for €132 million ($146 million), according to people close to the deal who spoke to Mingtiandi.
A source… Read More>>
CEFC Europe Deals Hit the Wall as Investment Firm Defaults on $327M in Bonds
One of China’s most troubled cross-border investors became the mainland’s latest default story this month as a unit of China CEFC Energy informed the Shanghai stock exchange that it had failed to fulfill obligations for bond payments totalling RMB 2.09… Read More>>
LaSalle IM Teams with Korea’s NPS for $64M Prague Office Acquisition
LaSalle Investment Management has bought a prime office complex in Prague from Slovakia’s IAD Investments for approximately 57 million euros ($63.8 million), the companies announced last week. The US-based real estate investment specialist is making the acquisition on behalf of… Read More>>
Czech It Out: China Heads Further into Europe With $312M Prague Deal
New York was too hot, London might be getting too cold, but it seems Prague was just right for the latest Chinese conglomerate looking for cross-border real estate investments.
Privately held CEFC China Energy last week acquired the Florentinum office… Read More>>