The Toronto-based fund manager is closing its third fund targeting multifamily assets throughout Canada.
2 min read · 17 January 2013
The London-based insurer becomes the latest non-bank to lend on real estate investments with a £121m loan to UNITE Group, the UK’s largest developer and manager of student accommodation.
2 min read · 17 January 2013
Private equity firm Terra Firma has acquired care homes group Four Seasons Health Care for £825m.
2 min read · 17 January 2013
The $110 billion Teacher Retirement System of Texas is set to promote Eric Lang to run real estate and Rich Hall to lead private equity investments when Steve LeBlanc, senior managing director of external private markets, steps aside in June.
2 min read · 17 January 2013
The Dallas-based private equity firm is slowly taking down deals as banks in Europe begin to unwind their exposure. PERE Magazine, May 2012 issue
2 min read · 17 January 2013
The Greenwich, Connecticut-based private equity real estate firm is understood to have called time on its fundraising effort for its Asia Realty Income Fund III vehicle short of its original $1 billion target. Including last month’s investment in an Australian funds management business the fund has been invested into six transactions so far.
2 min read · 17 January 2013
Drucilla Richards, who previously helped to recruit 12 employees to the New York-based real estate investment firm, has now joined the company as a managing director of investor relations and capital raising. She is one of eight other real estate-focused hires that have or will join the company this year.
2 min read · 17 January 2013
The investment management subsidiary of the US insurance company has allocated capital to core real estate vehicles sponsored by Morgan Stanley, Clarion and Invesco as it pursues an income-focused real estate strategy.
2 min read · 17 January 2013
According to the latest findings of its recently-launched, non-listed funds performance index, the Asian Association for Investors in Non-listed Real Estate Vehicles, has found the total return from its sample of opportunity funds returned 12% in 2011, more than funds adopting less riskier strategies.
2 min read · 17 January 2013
The number of new closed-end real estate funds being launched is on track to reach its highest level in seven years at a time when the amount of investor capital going into such vehicles is dropping, according to research presented by The Townsend Group at the PERE Global Investor Forum 2012 in Los Angeles.
3 min read · 17 January 2013
