Praedium VIII Multifamily Value Fund, which is targeting $600 million in equity, represents the New York-based firm’s first fundraising endeavor since 2007.
2 min read · 07 October 2013
The Canadian pension plan has purchased a stake in a Seoul office development, marking its first property investment in Korea. PERE Magazine October 2013 issue.
1 min read · 07 October 2013
The curtain has finally fallen on Winnington Capital’s involvement with a $1 billion Chinese development fund, despite a last-gasp attempt to buy it by rival manager PAG.
3 min read · 07 October 2013
French asset manager La Française AM says since early 2013, several major deals in France have suggested there is a ‘thawing’ of ‘risky’ assets in France.
3 min read · 07 October 2013
The real estate investment business of the German investment bank has brought on four new hires as it seeks to reinvigorate its operations in the US.
2 min read · 07 October 2013
With the approximately $300 million buyout of a Japanese storage company, M3 Capital Partners has brought its $3bn, 2005 vintage fund to about 70% invested.
2 min read · 07 October 2013
Carlyle’s acquisition of Metropolitan Real Estate raises more doubts about the ability of real estate fund of funds managers to survive as a standalone operation.
3 min read · 07 October 2013
After experimenting with a pilot vehicle in Shanghai, the Swiss bank is preparing the launch of a nationwide real estate investment fund that would be focused on providing state-subsidized housing.
2 min read · 07 October 2013
The Oregon Public Employees Retirement Fund has committed $300 million to Lone Star’s third real estate fund, continuing the pension system’s 18-year relationship with the fund manager.
2 min read · 07 October 2013
The largest US operator of student accommodation has teamed up with the principal investment area of Goldman Sachs to buy a portfolio of assets from a collapsed operator for more than £300m.
2 min read · 07 October 2013