The Swiss-based bank wants to diversify its capital sources to mitigate the ‘concentration risk’ of its current real estate investment management platform, stating it is too dependent on fresh capital in the US, Switzerland and Japan.
4 min read · 28 August 2013
A growing direct real estate portfolio in Brazil is a major reason that Singapore’s sovereign wealth fund has decided to establish its first Latin American location, for which it recently hired initial property staff.
3 min read · 28 August 2013
The sovereign wealth fund of the United Arab Emirates has cut the amount of its assets managed by external managers from 80 percent to 75 percent, further signalling its intent to handle more of its own portfolio directly.
2 min read · 28 August 2013
The first-ever institutional fund raised to invest in the Russian property market has returned 2.1x money to its investors.
2 min read · 28 August 2013
The London-based private equity real estate firm has structured its offering with co-investment capital at the heart of its strategy.
2 min read · 27 August 2013
The former managing director at Fortress Investment Group has joined the largest US life insurer’s investment management business to help lead its capital-raising efforts.
2 min read · 27 August 2013
Keith Breslauer, founder of London-based Patron Capital, which raised the largest private equity real estate fund in Europe in 2012, explains the company’s ethos and formula for success.
3 min read · 27 August 2013
The A$80 billion Australian state fund will invest in the Boston-based real estate manager for the first time through a large single-investor vehicle and a commitment to the firm’s latest multifamily fund, which is slated for a first close by the end of the year.
2 min read · 15 January 2013
The San Francisco-based logistics giant has partnered with Norway’s sovereign wealth fund to jointly own a portfolio of industrial assets in Europe. The deal allows Prologis to recapitalise the bulk of its European assets, primarily the former ProLogis European Properties fund, and represents Norway’s first investment in the industrial space.
2 min read · 15 January 2013
The world’s largest sovereign wealth fund expects one-third of its real estate investments to be located in the US over the long term.
2 min read · 15 January 2013
