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SLI Private Equity Fund closures raise € 900m and $ 300m (UK)

Standard Life Investments (SLI), the global fund manager, announced that €900m euros have been raised by European Strategic Partners 2006 (ESP2006), its latest private equity fund of funds, w ...

Montenegros coastal real estate prices increasing by up to 50% per annum (RS)

Real estate prices on Montenegro's coast are rising by up to 50% per annum in some areas, according to new research from Colliers International Serbia. The price of new modern buildings in the popular ...

13 top architectural firms in Sheikh Zayed National Museum design competition (UAE)

Thirteen of the world's top architectural practices from 11 countries are to enter the international design competition launched to secure an inspirational concept for the planned Sheikh Zayed Nationa ...

Rezidor to open hotel in Port Elizabeth, South Africa (ZA)

The Rezidor Hotel Group has signed a contract to manage a new Radisson hotel in Port Elizabeth, South Africa. The property with 173 rooms will be built in the upscale, busy beachfront district Summers ...

W. P. Carey names Jeffrey Lefleur Executive Director (US)

W. P. Carey & Co. LLC has announced the appointment of Jeffrey Lefleur as Executive Director. Since joining the International Investment team at its founding in 2003, Mr. Lefleur has closed nearly ...

JER Partners raises over €800m for JER Europe Fund III (US/EUR)

JER Partners, the global real estate investment arm of the J.E. Robert Companies, has completed the final closing of JER Europe Fund III, having raised €809 million. The Fund will focus on pr ...

Homburg acquires assets near Amsterdam (NL/CA)

Homburg Invest Inc. has completed the acquisition of three connected office buildings in The Netherlands. The transaction was completed at an aggregate cost of €39 million including closing c ...

Belgium retails storm ahead in 2006 (BE)

The total return on All Property in Belgium was 9.0% in 2006, a strong performance compared to the previous year, at 6.6%. Although property under-performed the Belgian equity market, which returned 2 ...

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