In its annual report for the year 2010/2011, the Government of Singapore Investment Corporation said its exposure to real estate had increased from 9 percent to 10 percent over the year, nudging the sovereign wealth fund’s alternative assets up 1 percent to 26 percent of total assets.
2 min read · 18 January 2013
Hamburg-based ECE group has raised most of the equity for its first ever fund with a final close expected this summer. The Government of Singapore Investment Corporation is understood to be among investors in the prime shopping centre vehicle.
2 min read · 18 January 2013
The Australian sovereign wealth fund continues to increase its exposure to real estate, private equity and infrastructure, according to its Q1 2011 portfolio update. Future Fund’s real estate holdings increased by A$632 million in the last three months.
2 min read · 18 January 2013
The alternative investment management business of Deutsche Bank has won a KRW500bn separate account mandate to invest in core markets around the world from Samsung Life Insurance. The mandate brings RREEF’s capital under management in Asia to the $3bn mark.
3 min read · 18 January 2013
PERE has learned that the Abu Dhabi Investment Authority has invested a majority of the equity behind AMB’s $588 million joint venture in China.
2 min read · 18 January 2013
The Abu-Dhabi state investment fund plans to increase spending to $16.3 billion, Bloomberg reports, by increasing exposures to asset classes including real estate.
2 min read · 18 January 2013
Following the investment in Apax Partners in 2009, the Singaporean sovereign wealth fund has reportedly teamed up with Kuwait Investment Authority to buy a 4.5% stake in TPG Capital.
2 min read · 18 January 2013
The Kuwait Investment Authority is reportedly launching a fund targeting local real estate markets.
1 min read · 18 January 2013
The international investment strategy of Korea's National Pension Service is leading the way for Asia pension funds struggling to service growing retirement benefits, delegates heard at MIPIM Tuesday.
3 min read · 18 January 2013
Last year was a year of transition, as many firms and individuals struggled to adjust to the new realities of the global real estate markets. It was enough to make even some of the biggest players in the industry throw up their hands in defeat. Yet, for those with savvy and discipline, 2010 proved to be a year of opportunity. So, which firms, individuals and deals stood out from the crowd in North America in 2010? PERE Awards supplement March 2011.
10 min read · 18 January 2013