US private equity firm TPG Capital and Ivanhoé Cambridge, one of the 10 largest real estate companies in the world, have taken ownership of Woolgate Exchange, for £265 million. Ivanhoé also revealed it is planning to open a London office of its own.
2 min read · 27 August 2013
The $13.6 billion pension plan has contributed $60 million to the PRISA open-ended core fund and $25 million to the PRISA III open-ended value-added fund. Its commitment to PRISA III is being funded partially by cashing out of PRISA II.
2 min read · 27 August 2013
The Morristown, New Jersey-based real estate investment firm has purchased a six-building, 130,119-square-foot portfolio in Cambridge, Massachusetts.
2 min read · 27 August 2013
The supply and demand gap in real estate secondaries is wider than ever, but that doesn’t necessarily mean it isn’t a good time to sell.
3 min read · 27 August 2013
The Alabama-based firm said it had received $325 million of equity commitments and $197 million of co-investment equity for Harbert European Real Estate Fund III, for which it originally set out on the fundraising trail at the end of 2009.
2 min read · 27 August 2013
The Connecticut-based real estate investment firm, in conjunction with its commercial real estate finance affiliate, will acquire the Miami-based distressed debt manager on behalf of its latest opportunity fund.
2 min read · 27 August 2013
The $13 billion state pension system has contributed to Harrison Street Real Estate Partners IV, which is seeking $600 million to invest in off-campus student housing, senior housing, medical office buildings and storage properties across the US.
1 min read · 27 August 2013
The types of sellers and their motivations for selling on the secondary market have shifted significantly in just a few years, according to new research from Partners Group.
3 min read · 27 August 2013
The firm started in 2010 by the ex-heads of Morgan Stanley Real Estate Investing is expected to bring to market its first investment fund in Europe in the form of a senior debt fund focused on UK properties.
3 min read · 27 August 2013
The Europe and Asia-focussed platform has struck a maiden deal for its MGPA Asien Spezialfonds for German institutional investors. The firm has acquired a A$105.67 million grade A building in Perth, western Australia.
1 min read · 27 August 2013