The Chicago-based real estate firm has acquired The Parking Spot for $360 million on behalf of its third value-added fund.
2 min read · 18 January 2013
The $50.8 billion pension plan will allocate up to $100 million to Prudential’s $500 million value-added fund focusing on senior housing investments.
2 min read · 18 January 2013
The giant apartment REIT in the middle of a heated ownership battle has purchased a 209-unit high-rise building in Manhattan’s Kips Bay neighbourhood.
2 min read · 18 January 2013
Knock-out return for The California Public Employees’ Retirement System’s (CalPERS) from its original $500m commitment to GI Partners Fund I.
2 min read · 18 January 2013
The Sydney-based real estate fund manager has raised a second tranche of equity for its Investa Commercial Property Fund which will be used to acquire interests in two Australian office buildings.
1 min read · 18 January 2013
The private investment firm, in partnership with Rowan Asset Management, has acquired the central London office building on behalf of its third investment fund.
2 min read · 18 January 2013
The Korean pension has entered a co-investment partnership with Behringer Harvard on properties in its portfolio valued at more than $1 billion.
2 min read · 18 January 2013
The Los Angeles-based real estate manager is targeting $400 million for its latest Latin America-focused real estate fund, with a first close expected by February.
2 min read · 18 January 2013
The Hong Kong-based private equity real estate firm has added to its initial $220m first closing for its second Asia opportunity fund, ARCH Capital-TRG Asian Partners LP. The firm is ultimately targeting up to $500m for the pan-Asia vehicle.
2 min read · 18 January 2013
The buyout arm of the National Bank of Greece has rounded up €75m of commercial property in Poland and the Czech Republic for the NBGI Private Equity Real Estate Fund.
1 min read · 18 January 2013