The Greenwich, Connecticut-based firm is purchasing a portfolio of seven shopping centers throughout the US from Sydney-based developer The Westfield Group.
2 min read · 07 October 2013
As part of a new stateside plan, the real estate investment management arm of French insurance giant AXA has added Steve McCarthy as US head of asset management and transactions.
2 min read · 07 October 2013
The former head of Greater China at Pramerica now heads Asian real estate at the Qatar Investment Authority, which is looking to diversify its investment portfolio geographically.
2 min read · 07 October 2013
In its first such exchange, the $10.2 billion pension plan intends to sell its investments with one underperforming industrial real estate firm and re-commit the capital to a first-time fund manager in the sector.
3 min read · 07 October 2013
The Los Angeles-based real estate investment manager is slated to hold a final close for its value-added fund this month and complete the initial round of capital raising for its open-ended core fund during the fourth quarter.
3 min read · 07 October 2013
The US bank has decided to shut down its real estate investment office in India, revealing some disillusionment with the real estate sector in the country.
2 min read · 07 October 2013
The $5.95 billion county pension has invested in its last distressed real estate fund for the current fiscal year, committing $25 million to John Paulson’s second real estate offering.
2 min read · 07 October 2013
The placement agent has hired six professionals, including partner Kirk Rostron, bringing its staff count to 32 across nine offices globally.
2 min read · 07 October 2013
When analyzing debt opportunities, banks are bound to have better data than anyone. As a result, debt funds and other types of lenders must tread carefully.
3 min read · 07 October 2013
The Asia-focused firm has raised between $200 million and $300 million for its maiden real estate fund, and is in talks to increase the fund’s target size.
2 min read · 07 October 2013