The New York-based investment manager acquired the six properties from a joint venture between Angelo Gordon and a Massachusetts-based developer for a reported $105 million.
2 min read · 15 January 2013
The latest annual report from the UK charitable trust says the last time it made an allocation to a property fund managed by a third party was in 2008.
2 min read · 15 January 2013
The A$80 billion Australian state fund will invest in the Boston-based real estate manager for the first time through a large single-investor vehicle and a commitment to the firm’s latest multifamily fund, which is slated for a first close by the end of the year.
2 min read · 15 January 2013
The San Francisco-based logistics giant has partnered with Norway’s sovereign wealth fund to jointly own a portfolio of industrial assets in Europe. The deal allows Prologis to recapitalise the bulk of its European assets, primarily the former ProLogis European Properties fund, and represents Norway’s first investment in the industrial space.
2 min read · 15 January 2013
Pacific Investment Management, the US fixed-income behemoth with $1.82 trillion in assets under management, has acquired five British shopping centres for its BRAVO fund, in conjunction with NewRiver Retail.
1 min read · 15 January 2013
The Zug-based private markets investment firm said it was targeting investments benefiting from junior debt or preferred equity features for a global vehicle and tourism and retail investments for an Asia vehicle.
2 min read · 15 January 2013
The European Commission has adopted long-awaited AIFM ‘level 2’ measures that GPs hoped would be scrapped during follow-up rulemaking.
5 min read · 15 January 2013
The New York firm has closed Fortress Japan Opportunity Fund II (FJOF II) at its hard cap, and says the country will continue to provide heightended levels of deleveraging and non-core asset sales.
2 min read · 15 January 2013
Norges Bank Investment Management and joint venture partner Generali have bought 9 Avenue de Messine in Paris.
2 min read · 15 January 2013
The Beverly Hills-based real estate investment firm and an undisclosed investor have purchased the resort asset from its lenders, which foreclosed on the property last year.
2 min read · 15 January 2013
