On behalf of its 2004 global opportunity fund, Morgan Stanley Real Estate Fund V International, the real estate unit of investment bank Morgan Stanley has agreed the sale of the LifeHub@Jinqiao shopping centre to a JV between subsidiaries of Singapore-based conglomerate Keppel Group.
2 min read · 27 August 2013
Having expanded stateside, Norway’s Government Pension Fund Global is fast becoming one of the largest real estate investors in the world. To reach its 5 percent allocation target, however, it has a lot more investing to do.
3 min read · 27 August 2013
While distressed real estate continues to create some of the firm’s best investment opportunities, Europe has been a lesser source of deal flow than anticipated.
3 min read · 27 August 2013
The $90 billion pension plan approved three investments to the asset class during the fourth quarter, including a real estate debt-focused separate account with Heitman.
2 min read · 27 August 2013
The global alternative asset manager has appointed Niel Thassim as head of Asia for its Private Funds Group to drive fundraising for private investment vehicles across its asset classes.
2 min read · 27 August 2013
The Chicago-based real estate investment management firm is expecting bids of around $1bn for eight assets in Tokyo and Osaka held by its second logistics fund, LaSalle Japan Logistics Fund II.
2 min read · 27 August 2013
The New York-based private equity giant is committing equity to Sentio Healthcare Properties over the next two to three years to help the REIT expand its portfolio.
2 min read · 27 August 2013
The Philadelphia-based private equity real estate firm’s acquisition of a stake in CenterPoint marks its first investment on behalf of its second value-added office fund.
2 min read · 27 August 2013
RREEF Real Estate has acquired One Angel Square in Manchester, reportedly as part of a consortium that includes Ginkgo Tree, which ultimately is held by the Chinese Government’s State Administration of Foreign Exchange.
2 min read · 27 August 2013
The US bank says 2013 should be a ‘wonderful period’ for opportunistic investing in Europe, with some €413 billion of assets coming from banks, CMBS, REITs and open-ended funds.
4 min read · 27 August 2013