The sovereign wealth fund of Singapore has acquired a minority shareholding in Istanbul-based Rönesans Gayrimenkul Yatirim for €250m via a rights issue aimed at furthering the firm’s development and acquisitions in the country.
2 min read · 31 October 2014
The Singapore-based logistics developer and investment manager has formed a new joint venture and also raised additional capital for its existing development platform in Brazil.
2 min read · 28 October 2014
The $10 billion RDIF, which was established to make equity investments primarily in the Russian economy, has teamed up with one of its co-investment partners for an investment in Development Group 19, a Moscow-based logistics developer.
2 min read · 23 October 2014
LaSalle and Quantum Global Real Estate, which acts for an African sovereign wealth fund, have purchased Tour Blanche in La Défense for €161 million.
2 min read · 22 October 2014
Singaporean sovereign wealth fund GIC has acquired the office component of Tokyo’s landmark Pacific Century Place from Secured Capital.
2 min read · 21 October 2014
Norway's sovereign wealth fund has acquired the majority of the Lenbach Gärten office quarter, with an option to buy the remaining stake.
1 min read · 15 October 2014
The sovereign wealth fund has announced a hat trick of deals, including the purchase of Bank of America Merrill Lynch’s Financial Centre in London for £582.5 million in an all-cash deal.
3 min read · 13 October 2014
The trend of institutional investors going direct with local operators is now starting to catch on in emerging markets.
2 min read · 06 October 2014
According to a study presented at the annual Pension Real Estate Association conference, institutions are indicating an intention to increase their average target allocation to RE over the next year and are increasingly focused on higher return value-add and opportunistic strategies. Yet, they are investing at a slower pace compared to very recent years.
3 min read · 01 October 2014
The investment manager for Florida’s public pension plan so far has closed on two property fund commitments totaling $150 million for the new 12-month period.
2 min read · 25 September 2014
