The acquisition of Verde Realty, a Houston-based real estate investment trust, is on track to be one of the first investments made by the Toronto-based alternative asset manager’s global real estate fund.
2 min read · 17 January 2013
The $5.7 billion pension system plans to liquidate its remaining individually-owned real estate properties to free up more capital to invest in funds.
2 min read · 17 January 2013
China Investment Corporation saw its total assets grow to $482bn in 2011 but registered a loss of -4.3 percent for the year. To mitigate current volatile market conditions, the state fund has continued to increase its exposure to alternative assets.
2 min read · 17 January 2013
The former managing director of capital markets at the New York-based real estate fund manager has joined Ares Management in a senior role within its real estate capital markets group.
2 min read · 17 January 2013
Natixis Global Asset Management and its real estate investment management subsidiary AEW Europe have formed a platform to manage a series of senior debt sub-funds in Europe.
2 min read · 17 January 2013
The New Delhi-based private equity real estate firm is reportedly eying a third Indian real estate opportunity fund, having already invested half of the capital it raised for its second fund in January.
2 min read · 17 January 2013
A trade association unveiled fresh guidelines today on the best practices for issuing commercial mortgage-backed securities. The so-called ‘principles’ have been set in anticipation of real estate capital markets reopening once European macroeconomic woes are forgotten.
3 min read · 17 January 2013
Revetas Capital Advisors, the recently launched Central and Eastern Europe fund manager, has opened a new office in Budapest and hired its first regional director.
2 min read · 17 January 2013
The Washington, DC-based alternative asset manager, in partnership with Dallas-based developer Cypress Equities, has closed on the purchase of a distressed retail property in San Francisco from Lone Star Funds, with plans to develop a six-level shopping center on the site.
2 min read · 17 January 2013
The Maryland-based private real estate firm saw its latest investment vehicle oversubscribed, with commitments from limited partners such as the New York State Teachers’ Retirement System.
2 min read · 17 January 2013