Pacific Investment Management, the US fixed-income behemoth with $1.82 trillion in assets under management, has acquired five British shopping centres for its BRAVO fund, in conjunction with NewRiver Retail.
1 min read · 15 January 2013
The European Commission has adopted long-awaited AIFM ‘level 2’ measures that GPs hoped would be scrapped during follow-up rulemaking.
5 min read · 15 January 2013
The New York firm has closed Fortress Japan Opportunity Fund II (FJOF II) at its hard cap, and says the country will continue to provide heightended levels of deleveraging and non-core asset sales.
2 min read · 15 January 2013
Norges Bank Investment Management and joint venture partner Generali have bought 9 Avenue de Messine in Paris.
2 min read · 15 January 2013
The Beverly Hills-based real estate investment firm and an undisclosed investor have purchased the resort asset from its lenders, which foreclosed on the property last year.
2 min read · 15 January 2013
The Menlo Park, California-based private equity firm has made its second investment on behalf of a technology property-focused separate account with CalPERS and its first investment on behalf of a similar partnership with CalSTRS.
3 min read · 15 January 2013
The State Oil Fund of Azerbaijan has bought 78 St James in London from RREEF Real Estate's German open-ended real estate fund, grundbesitz Europa.
2 min read · 15 January 2013
PERE's forthcoming sister title, Private Debt Investor, chaired a roundtable hosted by ICG in London late last year to discuss the burgeoning market for alternative debt financing providers.
2 min read · 15 January 2013
Starwood European Real Estate Finance has managed to raise a public real estate debt fund offering senior debt, whole loan, and mezzanine financing across Europe.
3 min read · 15 January 2013
A consortium including Toronto-based KingSett Capital and the Ontario Pension Board has offered to buy the Canadian shopping centre REIT for $26 per share. Primaris is calling the offer “unsolicited” and “inadequate” and urging shareholders not to sell.
2 min read · 15 January 2013
