The real estate investment arm of UK insurer Prudential has seen $112 million within its Asia core, open-ended real estate fund change hands with units purchased predominantly by European and American institutional investors.
2 min read · 07 October 2013
The San Francisco-based real estate investment firm has closed on its eleventh commingled offering, raising $900 million in equity.
1 min read · 07 October 2013
Knighthead Capital and Silo Financial have joined forces to launch Knighthead Funding, which recently closed the Knighthead Special Situations Real Estate Fund on $155 million in equity.
2 min read · 07 October 2013
The wholly-owned unit of Johannesburg-based wealth management firm Liberty Group is committing the first $50 million to the fund and expects pension funds, sovereign wealth funds and development finance institutions to commit the rest.
2 min read · 07 October 2013
The Hong Kong-based firm is expected hold a final close for the Asia-focused investment vehicle on $600 million sometime in the next two months.
2 min read · 07 October 2013
In order to expand its real estate holdings outside of France, La Française, a $50 billion affiliate of Crédit Mutuel Nord Europe, has entered into a partnership to acquire a 24.9 percent stake in Forum Partners and commit more than $600 million of capital across Forum’s strategies.
3 min read · 07 October 2013
The world’s largest sovereign wealth fund has purchased a 45 percent interest in the NYC building from Boston Properties for $684 million.
2 min read · 07 October 2013
The UK-focused firm has held a first close for its latest value-added fund, Frogmore Real Estate Partners III, with more than £90 million in commitments towards its £350 million target.
2 min read · 07 October 2013
Further signs of the internationalization of Indian real estate as the world’s largest privately held commercial property services firm buys the entire team of a local consultancy.
3 min read · 07 October 2013
Otis Spencer has joined the Merrill Lynch spin-out as president of Peakside Polonia Management, the central and eastern Europe fund management business that Peakside took over from Allied Irish Banks last year.
2 min read · 07 October 2013
