The Dallas-based firm has agreed to buy TLG Immobilien for €1.1 billion, giving it exposure to around 800 buildings in the former East Germany.
2 min read · 15 January 2013
The firm originally launched as the Nordic investment partner to global heavyweights The Blackstone Group and ING Real Estate Investment Management, has held a second close for its AREIM Fund II thanks to a €75m commitment from German insurance giant Allianz.
2 min read · 15 January 2013
The $19.3 billion pension plan projects that its portfolio in the asset class will more than triple in value by the end of 2013.
2 min read · 15 January 2013
The $5.6 billion, open-end commingled real estate equity fund acquired 475 Sansome Street from the Abu Dhabi Investment Authority.
1 min read · 15 January 2013
The Johannesburg-based private equity real estate firm has added sub-Saharan countries Botswana, Ghana, Mauritius, Namibia and Zambia to its target list of countries for its second fund.
2 min read · 15 January 2013
The Pfaeffikon, Switzerland-based global alternative investment manager has entered the real estate business with its acquisition of the New York-based real estate investment and advisory firm.
2 min read · 15 January 2013
The UK-based firm has bought two assets in affluent Chelsea, west London, for its Prime London Residential Development Fund, which seeks to deliver returns of as much as 20 percent.
2 min read · 15 January 2013
The $51 billion pension system has agreed to contribute $75 million each to LEM Real Estate High-Yield Debt and Preferred Equity Fund III and Latitude Management Real Estate Capital III.
2 min read · 15 January 2013
The former head of research and investment strategy at Clarion Partners has forged out on his own to raise a multi-asset strategy fund. He also is authoring a new book about investing in real estate.
3 min read · 15 January 2013
CBRE Strategic Partners US Value 6 has closed on $1.1 billion in equity commitments from 22 investors, exceeding its $750 million target.
2 min read · 15 January 2013