The Massachusetts-based real estate investment manager, whose investors primarily have been high-net-worth individuals, is amassing capital for its fifth real estate fund from fund of fund managers and endowments for the first time.
2 min read · 27 August 2013
The Wall Street bank plus RREEF Real Estate, Prelios and Generali has reportedly agreed to sell the KaDeWe department store as part of a 17-strong portfolio of assets to Austria’s Signa Holding.
2 min read · 27 August 2013
The steward of the $172.4 billion Canada Pension Plan will jointly own the Kista Galleria Shopping Centre in Stockholm in its first real estate investment in the Nordic region.
2 min read · 27 August 2013
Keith Breslauer, founder of London-based Patron Capital, which raised the largest private equity real estate fund in Europe in 2012, explains the company’s ethos and formula for success.
3 min read · 27 August 2013
The European real estate debt platform listed last month by Starwood Capital has opened its books with a £19m bridge portion in the refinancing of three of the capital city’s best known hotels.
2 min read · 27 August 2013
Some GPs are raising funds that are targeting less than $500 million in equity commitments. According to Pension Consulting Alliance, that may be a good thing for LPs.
3 min read · 15 January 2013
The asset management arm of UK insurer Aviva says it has seen an uptick in interest in Asia-Pacific real estate from European and US investors.
2 min read · 15 January 2013
The co-head of Morgan Stanley AIP’s real estate fund of funds group says a lack of liquidity in the market is increasing the number of opportunities for co-investments in the US and the UK.
2 min read · 15 January 2013
The New York-based real estate fund manager plans to expand its investment activities in the US and Brazil over the next five years, spending approximately $1 billion of equity in each market. Additionally, it will open a new Los Angeles office early next year.
3 min read · 15 January 2013
The Florida-based real estate investment firm has received a commitment from the University of Florida's endowment fund as it reaches a second close of $30 million.
2 min read · 15 January 2013