The deal marks the Norwegian sovereign wealth fund manager’s first German property investment and the third that it has made in conjunction with AXA’s real estate investment arm in the past 15 months.
2 min read · 17 January 2013
The Blackstone Group has closed its latest global real estate fund, which is the largest real estate opportunity vehicle ever raised. About 35 percent of the commingled vehicle already is invested.
3 min read · 17 January 2013
The Asia- and Europe-focused private equity real estate firm has downsized its Japanese division by nine as it seeks to redeploy and grow its presence in Australia and China.
3 min read · 17 January 2013
America’s largest life insurer is introducing MetLife Real Estate Investors, a new real estate investment management business, as part of an expansion into third-party asset management.
2 min read · 17 January 2013
After investing $85 million in a troubled office portfolio controlled by an SL Green venture, the New York-based private equity and real estate giant has assumed a majority ownership stake in the properties.
2 min read · 17 January 2013
The London-based private equity real estate firm held a first close on Friday, raising between €150m and €170m of equity, PERE has learned.
2 min read · 17 January 2013
The New York-based firms have hit the market with their fifth offering in the RCG Longview Debt Fund series. Early investors include the Pennsylvania Public School Employees’ Retirement System, which recently committed $75 million.
2 min read · 17 January 2013
Oaktree’s NPL securitisation points to a new financing option for private equity real estate firms, as well as the potential resurgence of US real estate finance in general.
3 min read · 17 January 2013
The writing is on the wall for a long hold of the 1.5 million square foot shopping centre in Sheffield as fund steward NBIM declares its intention of realising its ‘long-term potential’.
2 min read · 17 January 2013
The $12.78 billion pension plan now counts its commitment to Boston-based real estate manager’s 2007 vintage fund among its official tally of poorly performing real estate investments.
3 min read · 17 January 2013
