The Africa, Asia and Latin America-focused private equity firm has completed the third exit of its $150m Actis Africa Real Estate Fund selling its 85% stake in the Accra Mall in Ghana to South African buyers.
2 min read · 17 January 2013
The $110 billion pension fund has contributed $150 million each to Apollo’s US Real Estate Fund and Westbrook’s Fund IX.
2 min read · 17 January 2013
The New York-based real estate, infrastructure and real resources investment platform of Franklin Templeton Investments has amassed a total of $319.2 million in commitments for its third global multi-manager fund, which was the first of its funds to target US institutions.
2 min read · 17 January 2013
The $154 billion state pension has purchased a controlling stake in US multifamily developer LCOR from the estate of the former Wall Street banking giant for $820 million.
2 min read · 17 January 2013
The state’s $15 billion permanent endowment has approved an increase in its real estate allocation target from 6 percent to 7 percent as part of a larger objective to double the target to 10 percent by year’s end
2 min read · 17 January 2013
The New York-based private equity giant has made a deal with global hotel operator Accor to buy its US economy hotels division on behalf of BREP VII.
2 min read · 17 January 2013
The Houston-based real estate firm has corralled a total of €390 million for its Hines Russia & Poland Fund, giving the vehicle total leveraged purchasing power of €900 million in the region.
3 min read · 17 January 2013
A cocktail of firms, including Gaw Capital, a major US institution, the Italian Fingen Group of the Fratini family and Sino-US company Waitex, have clubbed together for a designer outlet joint venture, with Henderson Global Investors acting as investment advisor alongside the RE development arm of Fingen.
2 min read · 17 January 2013
A major senior executive reshuffle at Hong Kong-based hedge fund-cum-private equity real estate firm Winnington Capital sees former CEO Wong's duties assumed by founder and chairman Kenneth Hung and ex-Asia Pacific Land, Warburg Pincus and GE Real Estate executive Philip Mintz.
2 min read · 17 January 2013
On behalf of its latest fund, the San Francisco-based real estate investment firm has bought 451 D Street in Boston’s Seaport District from a partnership between The Beal Companies and Rockpoint Group.
1 min read · 17 January 2013
