In order to reach its 12 percent target real estate allocation, the Ohio pension plan may commit up to $110 million more through its tactical portfolio by the end of 2013.
2 min read · 07 October 2013
The real estate investment arm of UK insurer Prudential has seen $112 million within its Asia core, open-ended real estate fund change hands with units purchased predominantly by European and American institutional investors.
2 min read · 07 October 2013
The San Francisco-based real estate investment firm has closed on its eleventh commingled offering, raising $900 million in equity.
1 min read · 07 October 2013
Knighthead Capital and Silo Financial have joined forces to launch Knighthead Funding, which recently closed the Knighthead Special Situations Real Estate Fund on $155 million in equity.
2 min read · 07 October 2013
The wholly-owned unit of Johannesburg-based wealth management firm Liberty Group is committing the first $50 million to the fund and expects pension funds, sovereign wealth funds and development finance institutions to commit the rest.
2 min read · 07 October 2013
The Washington D.C.-based firm has bolstered its real estate team by creating a new role for Adam Metz, the former senior advisor to TPG’s real estate group.
2 min read · 07 October 2013
The Hong Kong-based firm is expected hold a final close for the Asia-focused investment vehicle on $600 million sometime in the next two months.
2 min read · 07 October 2013
In order to expand its real estate holdings outside of France, La Française, a $50 billion affiliate of Crédit Mutuel Nord Europe, has entered into a partnership to acquire a 24.9 percent stake in Forum Partners and commit more than $600 million of capital across Forum’s strategies.
3 min read · 07 October 2013
International Housing Solutions has received two initial commitments totaling $63 million for its second South Africa-focused residential fund.
2 min read · 07 October 2013
The world’s largest sovereign wealth fund has purchased a 45 percent interest in the NYC building from Boston Properties for $684 million.
2 min read · 07 October 2013
