The partnership also has made its first investment with the acquisition of a Washington DC office building.
2 min read · 18 December 2014
In our final Friday Letter of the year, we select 10 things that happened in the private real estate investment universe during the last 12 months that we believe were indicative of things to come in the next 12.
5 min read · 19 December 2014
The London-based real estate investment firm exceeded its initial fundraising target by 60 percent, and plans to launch another, much larger fund next year.
2 min read · 18 December 2014
After almost a year since news of the US investment bank’s purchase of the Asia real estate platform from the UK insurer first surfaced, the deal has completed and a $2 billion platform in the region has been created.
2 min read · 17 December 2014
The Houston-based real estate company has bought back a logistics park that it sold to Union Investment seven years ago.
2 min read · 17 December 2014
The Tactical Opportunities division of Blackstone has invested in a unique investment platform from which returns are based on the cashflows of a portfolio of assets located in Singapore’s Sentosa island.
2 min read · 17 December 2014
The venture includes Manulife’s sale of majority interests in two trophy office buildings to Allianz.
2 min read · 16 December 2014
PERE's sister publication Real Estate Capital is thinking about The Bank of England’s stress testing of the UK banking system. It says the test has exposed The Co-operative Bank, Lloyds Banking Group and Nationwide’s real estate loan books as being volatile in the case of a severe economic downturn.
4 min read · 16 December 2014
Korea’s preeminent state investor has completed a rare state fund-to-state fund sale, offloading 8 Canada Square in London’s Canary Wharf, to the Qatar Investment Authority.
2 min read · 15 December 2014
The Singaporean sovereign wealth fund has made its first wholly-owned direct real estate investment in Latin America with the purchase of an under-construction office building in Brazil.
2 min read · 15 December 2014