The Abu-Dhabi state investment fund plans to increase spending to $16.3 billion, Bloomberg reports, by increasing exposures to asset classes including real estate.
2 min read · 18 January 2013
The deadline for most private equity firms to register with the US Securities and Exchange Commission has been set for 21 July this year, but may be extended to the first quarter of 2012, according to a letter from the government agency.
3 min read · 18 January 2013
Insurer reaches halfway point in its quest to raise ‘innovative’ UK Property Income Fund. Legal & General Property's head, Bill Hughes, says raising equity remains a challenge, yet he is delighted with the success so far.
2 min read · 18 January 2013
With Landmark becoming the latest firm to raise a fund targeting real estate secondaries, the question becomes how much opportunity is really out there.
3 min read · 18 January 2013
London-based opportunity fund manager, Brockton Capital, has acquired The Mailbox in Birmingham, the UK’s largest mixed use building, for £127.1m for Brockton Capital Fund II.
1 min read · 18 January 2013
Colony Financial raised the equity through a secondary offering after fully investing the proceeds of its $284m IPO and a $55.7m private placement.
1 min read · 18 January 2013
The firm, a former affiliate of KKR that employs a hybrid real estate and private equity investment strategy, will be close to hitting its hard cap of $2bn by summer.
2 min read · 18 January 2013
Pramerica Real Estate Investors has acquired the majority interest in a large office building in Melbourne from Investa Property Group, the Australian fund manager owned by Morgan Stanley Real Estate Investing.
1 min read · 18 January 2013
The fund of funds has bought two secondaries positions in a shopping centre trust and student accommodation vehicle.
2 min read · 18 January 2013
Stephen Renna has been named chief executive officer of the Commercial Real Estate Finance Council after almost three years at the National Association of Real Estate Investment Managers.
2 min read · 18 January 2013
