Hines US Office Value Added Venture III has obtained $210 million in equity from a single institutional investor. With leverage, the vehicle will have more than $600 million of buying power for the US office sector.
2 min read · 17 January 2013
The New Jersey-based real estate investment manager has wrapped up capital raising for its US debt fund, which attracted commitments from institutional investors such as the Employees Retirement System of Texas.
2 min read · 17 January 2013
AXA Real Estate Investment Management says it has launched a new business to double its investments in alternatives to €1.5bn in value over the next three years in response to growing demand for alternatives.
2 min read · 17 January 2013
The $15.6 billion pension plan has approved a contribution to an emerging US real estate manager after previously committing to Brookfield’s and Rockpoint’s opportunistic vehicles.
2 min read · 17 January 2013
The New York-based firm, best known for owning a stake in the Chrysler building, has launched a fund with a $750 million final target. If achieved, it would be its biggest to date.
2 min read · 17 January 2013
New Jersey’s $350 million commitment represents the first major investment by a US pension plan in TPG’s growing real estate business.
3 min read · 17 January 2013
The real estate arm of Caisse de dépôt et placement du Quebec has invested in two multifamily assets in the region totalling $234 million.
2 min read · 17 January 2013
With German open-ended funds less in contention these days, significant growth in Spezialfonds is expected, according to a report released by CBRE.
3 min read · 17 January 2013
The Wall Street bank has decided to tap global demand for 'super prime' property with the sale of Continental Europe’s largest department store, KaDeWe, with bids expected to be in the region of €750m.
3 min read · 17 January 2013
Private equity and real estate firms are asking limited partners for terms that would allow for the renegotiation of fund agreements in the event carry’s tax treatment changes.
3 min read · 17 January 2013
