The Asian and European associations for investors in non-listed real estate vehicles have joined forces with the National Council for Real Estate Investment Fiduciaries to establish a new fund index to measure the performance of non-listed real estate vehicles worldwide.
2 min read · 17 January 2013
Bruce Feldman, former head of alternatives at the Pennsylvania State Employees’ Retirement System, saw the industry tilting toward ‘key’ LPs.
2 min read · 17 January 2013
Simon Hipperson, a former managing director in London at the New York-based buyout firm and one of the architects of its Global Infrastructure Partners platform, has been hired by Australia’s Lend Lease as chief executive officer for Europe, the Middle East and Africa.
2 min read · 17 January 2013
Skip Miller, who previously was responsible for alternative investments at the YMCA Retirement Fund, succeeds Marjorie Tsang, who most recently served as interim CIO and will remain with the $146.5 billion pension plan in a senior role.
2 min read · 17 January 2013
The Zug-based private markets investment firm described in its latest research how it is placing its current real estate investing emphasis on investments in debt and secondaries, both direct and indirect, as it avoids a “herding mentality”.
2 min read · 17 January 2013
The New York-based real estate firm has purchased a two-tower, 891-unit multifamily complex out of bankruptcy for $168 million. The property’s debt stack was approximately $215 million.
2 min read · 17 January 2013
The $19.5 billion pension plan, which currently invests in the asset class through commingled funds, is examining the expansion of its real estate portfolio to include co-investments.
2 min read · 17 January 2013
PERE magazine has been publishing for seven years, and we are itching to serve you better. To that end, we are launching a readership survey so you can let us know what you think about our coverage of the industry. Complete it, and you can win an Amazon Kindle for your trouble.
2 min read · 17 January 2013
The ex-head of China at Morgan Stanley Real Estate Investing (MSREI) has received a sentence of nine months in prison for evading the internal controls of the platform’s Wall Street bank parent and for violating the US Foreign Corrupt Practices Act.
3 min read · 17 January 2013
Deal marks the genesis of a joint venture partnership between South Korea’s $320 billion state pension fund and ASX-listed property company and fund manager DEXUS Property Group.
2 min read · 17 January 2013
