The New York-based real estate firm has taken over the Makena Beach and Golf Resort in a joint venture with Trinity Investments and Stanford Carr, after senior lenders foreclosed on the 1,800-acre asset last year.
2 min read · 24 January 2013
Teaming up with developer Golub & Company, Praedium has bought Clover Creek from Intercontinental Real Estate and Olympic Investors for just shy of its 2004 valuation.
2 min read · 24 January 2013
The UK opportunity fund manager sponsored by Schroder Property, has struck up a joint venture with the major pension fund and investor, British Airways, to buy an office investment in central London
1 min read · 24 January 2013
Michael Clarke, who was at Schroder Property for 18 years, has set up an advisory firm. Meanwhile, Jenny Buck, global head of Schroders’ property multi-manager business has also left the company
1 min read · 24 January 2013
KingSett and AIMCo, the consortium of Alberta pensions and endowments, acquire ING’s 50% stake in an industrial fund for $1.9bn – along with the fund’s management platform, ING Real Estate Canada.
2 min read · 24 January 2013
Real estate funds currently in market have secured just 10 percent of their targeted capital commitments as LPs sense there’s no penalty in waiting to invest.
3 min read · 24 January 2013
PREI was one of four real estate firms seeking to raise $1.3bn from Mexican pensions via the country’s stock exchange.
2 min read · 24 January 2013
The Canadian pension and Australian sovereign wealth fund have injected A$375m each into recapitalising Colonial First State’s open unlisted retail vehicle, after original investors called it a day at the expiration of the fund.
3 min read · 24 January 2013
TPG will join the ranks of other Western firms raising RMB-denominated funds, including Carlyle, KKR and Blackstone. Read more about TPG in the forthcoming issue of PERE.
2 min read · 24 January 2013
Anders Åström, Tomas Otterud say Custor Capital will advise institutional investors and other groups on their investment programmes
1 min read · 24 January 2013
