Year end results show the Canada Pension Plan’s real estate portfolio increased in value to C$10.9 billion and returned 13.9 percent in a year described by president and CEO David Denison as an ‘excellent performance year’.
2 min read · 18 January 2013
The London-based investment manager firm has purchased the five-property portfolio out of administration for £190 million.
2 min read · 18 January 2013
Former Prudential Real Estate Investors executive Robert Bilse has been appointed vice president of Brookfield’s private funds group, based in New York, supporting capital raising and marketing activities.
2 min read · 18 January 2013
The two equity partners have formed a new ownership structure with debt holders SL Green and Vornado to reposition the property at 280 Park Avenue.
2 min read · 18 January 2013
According to the first piece of dedicated research by CB Richard Ellis, an increasingly competitive mezzanine finance sector in Europe has seen lenders reduce their return expectations considerably since the advent of the credit crunch.
2 min read · 18 January 2013
The opportunity fund manager Orion Capital Managers has agreed to buy a 50 percent stake in a 2.2m square foot shopping centre in Zaragoza, Spain.
2 min read · 18 January 2013
The two advisory firms have combined to create a larger group focused on capital-raising services.
2 min read · 18 January 2013
The dark horse firm from New Jersey outbids PCCP for control of Capmark's $1.1bn debt fund.
1 min read · 18 January 2013
Specialist marina operator, developer and investor is looking to raise €50m in third party capital to help assemble an international portfolio.
2 min read · 18 January 2013
Emerging markets private equity firm Actis taken an 80 percent stake in Accra-based real estate development firm Laurus Development Partners. The portfolio company will be responsible for sourcing investments in Ghana and Nigeria for Actis’ AAREF fund series.
2 min read · 18 January 2013
