The turmoil at China’s largest private equity real estate fund is poised to come to an end with its management, its investors and its development partner about to agree a restructure and a spinout.
3 min read · 27 August 2013
The Greenwich, Connecticut-based firm led by Barry Sternlicht has closed its latest distressed opportunity investment vehicle well above its initial target of $2 billion to $3 billion, making it the largest fund that Starwood has raised to date.
2 min read · 27 August 2013
The Los Angeles-based fund manager has raised nearly half of its target for Latitude Management Real Estate Capital III.
1 min read · 27 August 2013
The Rio de Janeiro-based private equity firm has secured an initial equity haul from Brazilian limited partners for its new vehicle and has begun marketing to international investors.
2 min read · 27 August 2013
The $11.5 billion pension plan is projected to allocate the bulk of its new capital for the asset class over the next three years to value-added and opportunistic investments, as well as increasing its exposure to international real estate.
2 min read · 27 August 2013
The French and Japanese subsidiaries have completed and agreed ¥10 billion of mid-sized office deals to seed their jointly-managed Tokyo Office Property Fund.
2 min read · 27 August 2013
The Canadian pension plan saw a return of 19.4 percent for real estate during 2012, above both its benchmark and that of all other asset classes.
2 min read · 27 August 2013
The global bank’s real estate investment arm has acquired a shopping center and office campus, both in California, as well as an office property in Seattle.
2 min read · 27 August 2013
The real estate subsidiary of the global asset manager has raised €200 million for its European Hotel Fund II, which will have €400 million of buying power.
1 min read · 27 August 2013
The real estate investment management arm of UK insurer Prudential is close to buying a £105 million portfolio which would seed a vehicle aimed at amassing private rented housing in the country.
2 min read · 27 August 2013