BlackRock, the world’s largest asset managers by asset value, has officially joined the ranks of private equity real estate heavy-hitters after its acquisition of Asia and Europe focused firm MGPA completed.
3 min read · 07 October 2013
Just a year after closing its $500 million Japan Income Partners I joint venture fund, GLP has sold seven of its properties to its J-REIT for a 46 percent IRR.
2 min read · 07 October 2013
Saxony Doctors Pension Fund, a German institutional investor, has invested in ‘value add’ hotel assets in Europe via Internos Global Investors.
2 min read · 07 October 2013
The Chicago-based real estate investment firm has completed the sale of a 43-property self-storage portfolio for approximately $315 million, making the transaction the largest of its kind to date.
2 min read · 07 October 2013
The $1.3 trillion Australian super funds industry is expected to increase its overseas investments by $75 billion overall by 2020, 10 percent of which could be allocated to real estate, according to a recent report by Jones Lang LaSalle.
2 min read · 07 October 2013
The telecoms group founder outbid institutional investors and domestic corporations with an offer for the landmark 10-story glass building in central Tokyo that houses the flagship store of high-end jeweler Tiffany & Co.
1 min read · 07 October 2013
The logistics-focused firm has held a first close on more than $100 million for its Japan fund, and expects to meet its $500 million target within half a year.
2 min read · 07 October 2013
The New York-based real estate multi-manager has purchased a 49 percent interest in One California Plaza, a downtown Los Angeles office building totaling more than one million square feet, for $295 million.
2 min read · 07 October 2013
The New York firm has taken control of a Dutch company with 56 shopping centers across Europe as the company makes a big retail play in the region.
3 min read · 03 October 2013
The Los Angeles-based investment firm is contemplating the launch of real estate debt funds for the US and Europe, according to recent presentation materials.
2 min read · 07 October 2013
