How similar real estate strategies at CalPERS and CalSTRS have produced different results.
3 min read · 17 January 2013
The Canadian pension fund has struck a deal with UK-listed Goals Soccer Centres to buy the 44-centre operation in a deal valued at £73 million.
2 min read · 17 January 2013
Alfonso Munk, who previously led Morgan Stanley’s real estate investing activities in southern Europe, has joined the real estate investment management business of New Jersey-based Prudential Financial as chief investment officer of its Latin America operations.
2 min read · 17 January 2013
Why private real estate has bounced back with 10.4% returns, and why value added is outpacing opportunistic.
2 min read · 17 January 2013
The Zurich-based investment bank said today that it is looking to sell one of its largest private equity fund investing groups, which has a $1 billion real estate practice, citing its illiquidity and lack of synergy with the rest of the firm.
2 min read · 17 January 2013
The second largest US pension plan said returns for real estate during fiscal year 2011-2012 fell short of an industry benchmark and were down from a 17.5 percent return the previous year.
2 min read · 17 January 2013
The London-based company has bought Horizon Investment Management France as part of its plan to double its exposure to French property by 2015.
2 min read · 17 January 2013
The $39.2 billion pension plan has agreed to grant staff the authority to redistribute up to $200 million in new real estate allocations for the fiscal year 2012-2013.
2 min read · 17 January 2013
Patron Capital has teamed up with London-based Revetas Capital Advisers to advise on buying distressed assets in Central and Eastern Europe or assets in Western Europe controlled by local CEE banks. Revetas is also raising a €250m fund, it revealed.
2 min read · 17 January 2013
The Atlanta-based firm has raised 20% of its second co-investment vehicle’s target. Through the fund, it plans to be a minority partner in JV acquisitions.
1 min read · 17 January 2013
