The former asset management unit of AIG has recruited Wael Aburida to lead its private equity and real estate team in the Middle East, North Africa and Turkey.
2 min read · 28 August 2013
The Chicago-based real estate investment firm is seeking C$250 million to invest in non-core properties in Canada’s top metropolitan areas.
2 min read · 28 August 2013
The firm’s head of investor relations describes the opening as part of its mission to refine its services for investors which she called “Rockspring’s top priority”.
1 min read · 28 August 2013
The Los Angeles-based investment firm has purchased the San Jose Marriott Hotel from Prudential for $83 million on behalf of its CBRE Strategic Partners US Value 6 fund.
2 min read · 28 August 2013
The Teacher Retirement System (TRS) of Texas has committed to the second closing of London-based Tristan Capital Partners’ European Property Investors Special Opportunities 3 (EPISO3) fund. The firm has now raised more than €300m.
2 min read · 28 August 2013
Ellis Short, who was a leading principal at private equity real estate titan Lone Star Funds, has formed a new firm and is aiming to corral $1 billion for investments in distressed real estate assets and non-performing debt in Europe.
2 min read · 28 August 2013
The hire of Bryan Southergill to be KKR’s first Asia real estate head is another step in the wider trend of private equity firms replacing investment banks as the region’s real estate heavyhitters.
3 min read · 28 August 2013
The takeover sees Ares finally confirm itself as “a significant player” in the private equity real estate market following prior links with large corporate acquisitions.
3 min read · 28 August 2013
The $15.6 billion pension plan intends to shift its focus from real estate to real assets and is in the process of seeking a new consultant to help find such investments. SFERS also recently committed $40 million to Berkshire Property Advisors’ latest multifamily fund.
2 min read · 28 August 2013
The real estate arm of GE and the Canadian pension fund will commit an initial $403 million to a Japanese joint venture targeting Tokyo offices. The JV marks CPPIB’s second real estate partnership in Japan.
2 min read · 28 August 2013
