The First and Second Swedish National Pension Funds of Sweden are calling their direct property investment company, Cityhold Property AB, and have hired former CLS Holdings MD, Per Sjöberg, to run it.
2 min read · 18 January 2013
The Los Angeles-based real estate investment firm has purchased a portfolio of five office buildings for $144 million. The acquisition adds 700,000 square feet to its portfolio and increases its total assets under management to $9.8 billion.
1 min read · 18 January 2013
Middle East private equity firm reveals an increased capital raising target for its ASAS real estate fund in an interview with news agency Reuters. The fund’s investment strategy will take in Saudi Arabia, the firm said.
2 min read · 18 January 2013
The Toronto asset manager has held a second close for its 12th residential development fund. The C$70 million closing doubles total commitments to date to C$140 million.
2 min read · 18 January 2013
The start-up firm run by Ric Lewis has brought forward a first close for Curzon Capital Partners III as it hones in on 5 European deals during a time when spreads between core-plus and value-added yields are at ‘a cyclical high’.
2 min read · 18 January 2013
According to Frogmore director Stuart Jenkin, many LPs are keen not to see their capital competing with sovereign wealth funds and the like for core properties in London where yields have been driven downwards to levels that would not 'outperform the market'.
1 min read · 18 January 2013
Korea’s penchant for core offices in London continues as the Public Officials Benefit Association selects ING Real Estate Investment Management for an investment programme.
2 min read · 18 January 2013
The Hong Kong and Singapore-focused private equity real estate firm has brought its fundraising total for its debut commingled fund to $207.3m with a final closing still to come.
2 min read · 18 January 2013
The US Securities and Exchange Commission has scheduled a meeting for 22 June to consider extending the SEC registration deadline and to adopt final rules.
2 min read · 18 January 2013
Ted Leary, founder and president of advisory firm Crosswater Realty Advisors, told PERE how nervous US institutions have become about investing their capital into European real estate markets.
1 min read · 18 January 2013
