Robert-Jan Foortse, head of non-listed European property investments at APG, told PERE in October that it was seeing a good pipeline of deals in both unlisted funds and the listed sector. He also said the Netherlands-based pension administrator, which oversees the assets of Stichting Pensioenfonds ABP, was seeking to back tried and tested operators. PERE Magazine, December 2011, January 2012 issue.
1 min read · 18 January 2013
Like every other asset class, real estate investors face massive uncertainty thanks to today’s macroeconomic policies. Noted chief economist Diane Swonk calls for a path to action, not just for real estate but for the entire US economy. PERE Magazine, December 2011/January 2012 issue
3 min read · 18 January 2013
In joining forces with the Dubai government for a $1 billion real estate fund, Brookfield Asset Management is tipping the Emirate’s recovery. PERE Magazine December/January issue 2011/2012.
3 min read · 18 January 2013
New research from Clairvue Capital Partners reveals that, in an illiquid market, opportunities in two forms of special situations investments – recapitalisations and secondaries – are rising. PERE Magazine, December 2011/January 2012 issue.
7 min read · 18 January 2013
The Toronto-based asset manager will assume ownership of three assets in the Bahamas and Mexico under a debt restructuring agreement with Kerzner International.
2 min read · 18 January 2013
L’Établissement de Retraite Additionnelle de la Fonction Publique (ERAFP), which looks after the pension interests of 4.7 million French civil servants, could invest around 1 percent of its current annual inflow of €1.5 billion in the asset class each year.
2 min read · 18 January 2013
The multi-manager business of CBRE Global Investors has stepped away from the traditional fund of funds model as it raises $250 million for an Asia-focused investment vehicle. The Asia Alpha Plus Fund II has a completely pre-specified investment strategy that includes no fresh equity commitments to new underlying funds.
2 min read · 18 January 2013
The Washington, DC-based private equity real estate firm has acquired the office of the infamous Nixon-era break-in in a deal reportedly valued at $76 million. The property has now been traded twice in six years.
2 min read · 18 January 2013
Gerard Arpey, the former chairman and chief executive officer of AMR Corporation, the stricken parent company of American Airlines, has joined a Houston-based private equity real estate firm.
2 min read · 18 January 2013
Aviva Investors and Secured Capital have confirmed the launch of their blind pool investment club alongside early equity commitments from Aviva Investors’ parent, the London-based Insurer Aviva, and Dutch pension fund manager, PGGM Investments
3 min read · 18 January 2013
