In the largest single-asset purchase in the US in more than two years, the Washington DC-based private equity firm has sold a trophy office and retail tower in midtown Manhattan to a joint venture between Crown Acquisitions and Highgate.
1 min read · 28 August 2013
The Zug, Switzerland-based private equity real estate firm used the announcement of Steffen Ricken’s hire from IVG Institutional Funds to suggest it would add a core and core-plus investment focus to its strategies.
2 min read · 28 August 2013
The India-focused private equity manager has returned to the real estate space with a second industrial property fund, attracting global institutional investors such as North American pension funds and endowments.
2 min read · 28 August 2013
The state’s municipal retirement plan approved two commitments of $100 million each to Blackstone’s first Asia-focused fund and its latest real estate debt fund.
2 min read · 28 August 2013
The Chinese private equity real estate firm, backed by some of the country’s most prominent businessmen, is hoping to haul RMB6 billion for a property fund investing in mainland China, and it is thinking of raising its first US dollar fund too.
2 min read · 28 August 2013
The Denver-based investment firm will make value-added investments in all property types across the US on behalf of the $62.2 billion pension plan’s new account.
2 min read · 28 August 2013
The Los Angeles-based real estate investment firm has purchased Three Ravinia on behalf of its CBRE Strategic Partners US Value 6 fund.
2 min read · 28 August 2013
Despite a heavy weighting to core, the $163.68 million pension plan invested only in value-added and opportunistic real estate strategies during the first quarter.
2 min read · 28 August 2013
The Washington DC-based firm has bought a 49 percent stake two large China shopping malls owned by one of the country’s largest developers.
2 min read · 28 August 2013
The $23.8 billion pension system plans to line up significant capital outlays to private real estate over the next four fiscal years, with a focus on non-core opportunities.
3 min read · 28 August 2013
