The Sydney-based REIT has sold its portfolio of 14 US office properties to Beacon Capital Partners as part of its plan to focus its efforts on Australian properties.
2 min read · 18 January 2013
The investment arm of the $153.8 billion Canada Pension Plan enters into multiple joint ventures to acquire stakes in five multifamily properties across the US and three office buildings in Washington and New York.
3 min read · 18 January 2013
The European private equity real estate firm has struck up a partnership with Ediston Properties to amass more than £250m of commercial real estate in the UK.
2 min read · 18 January 2013
The Chicago-based firm co-founded by Sam Zell and Gary Garrabrant concludes its investment in São Paulo-based homebuilder Gafisa, leaving the firm the only Brazilian company listed on the New York Stock Exchange.
2 min read · 18 January 2013
The New York public pension fund and the Houston-based real estate firm have formed a new joint venture to invest in office and medical office properties in the US over the next three years.
2 min read · 18 January 2013
The Amsterdam-based firm has hired Julie Helweg from Denmark’s Property Group as it gears up for Composition’s Europe Fund III.
1 min read · 18 January 2013
Oregon’s public employee pension plan has made its first commitment to a unique account with Prologis that will invest in several of the firm’s real estate funds over the next three years.
2 min read · 18 January 2013
BPT Asset Management, a Copenhagen-based firm, has invested in Estonia five months after praising the Baltic economies for being amongst the quickest in Europe to ‘politically embrace’ the economic challenges of the financial crisis.
2 min read · 18 January 2013
Blackstone’s first significant investment in Australia is now just days away from being completed after the shareholders of Sydney-based Valad Property Group approved the A$806 million sale of the business to Blackstone Real Estate Partners VI fund.
2 min read · 18 January 2013
The Boston-based private equity real estate firm has announced the final closing of its Alcion Real Estate Fund II on almost $500m of commitments, surpassing its $400m initial target.
2 min read · 18 January 2013