The $37 billion pension plan is expanding its co-investment activity into real estate and is seeking a consultant to assist with the new initiative.
2 min read · 17 January 2013
Prudential’s real estate investment arm has sold its majority interest in a portfolio of 36 self-storage properties to Extra Space Storage for about $300 million.
1 min read · 17 January 2013
The chairman of RREEF’s global opportunistic real estate business has joined Toronto and New York-based Brookfield Asset Management in its London office to lead real estate investing activities in Europe.
2 min read · 17 January 2013
The $12 billion pension system has agreed to contribute $35 million to Rockwood Capital Real Estate Partners IX.
2 min read · 17 January 2013
The Sunshine State has made its second real estate commitment of 2012 to the Boston-based private equity real estate firm’s current opportunistic fund – part of a larger push to invest up to $1 billion in real estate over the next three years.
2 min read · 17 January 2013
The New York-based investment manager has partnered with McLean, Virginia-based Kettler to develop a 411-unit luxury multifamily property in northern Virginia’s Pentagon City for $154 million.
2 min read · 17 January 2013
China’s retail markets have become oversupplied with more than 24 million square metres of shopping malls alone in China and another 18 million square meters in the pipeline.
2 min read · 17 January 2013
Delegates at PERE’s inaugural conference in Beijing were told yesterday how Beijing’s policymakers would be unlikely to add to current restrictive real estate policies during this year’s government transition.
3 min read · 17 January 2013
The Los Angeles-based investment management firm’s investment in 400 South Hope Street is the latest acquisition on behalf of its $750 million CBRE Strategic Partners US Value VI fund.
2 min read · 17 January 2013
The New York-based private equity and real estate giant is considering selling a 100-plus office building portfolio, which is valued at around $22 billion.
2 min read · 17 January 2013
