Baring Private Equity Asia has signalled its ambition to grow real estate investing capabilities with the hire of Mark Fogle as managing director and head of real estate investing.
2 min read · 18 January 2013
The Los Angeles-based real estate investment firm has purchased a portfolio of five office buildings for $144 million. The acquisition adds 700,000 square feet to its portfolio and increases its total assets under management to $9.8 billion.
1 min read · 18 January 2013
Public documents of The Pennsylvania Public School Employees’ Retirement System reveal commitments totalling $500 million to the next private equity real estate funds of titans Blackstone and Carlyle. PSERS also revealed the current performances of the latest funds to be closed by each firm.
2 min read · 18 January 2013
The Toronto asset manager has held a second close for its 12th residential development fund. The C$70 million closing doubles total commitments to date to C$140 million.
2 min read · 18 January 2013
The start-up firm run by Ric Lewis has brought forward a first close for Curzon Capital Partners III as it hones in on 5 European deals during a time when spreads between core-plus and value-added yields are at ‘a cyclical high’.
2 min read · 18 January 2013
The Hong Kong and Singapore-focused private equity real estate firm has brought its fundraising total for its debut commingled fund to $207.3m with a final closing still to come.
2 min read · 18 January 2013
The US Securities and Exchange Commission has scheduled a meeting for 22 June to consider extending the SEC registration deadline and to adopt final rules.
2 min read · 18 January 2013
Ted Leary, founder and president of advisory firm Crosswater Realty Advisors, told PERE how nervous US institutions have become about investing their capital into European real estate markets.
1 min read · 18 January 2013
Savanna has hired Kevin Hoo, formerly of Tishman Speyer, as vice president. He will manage assets in the firm’s portfolio, lease and reposition its properties and oversee and coordinate development.
2 min read · 18 January 2013
Fresh after participating in a panel session at last week's PERE Forum: Europe 2011, Van Stults, managing director of Orion Capital Managers, told PERE how firms with both real estate and financial expertise might unlock investment opportunities in Spain. Ireland, on the other hand, is a more 'difficult' market to navigate all together.
1 min read · 18 January 2013
