The Canada Pension Plan Investment Board continues investing large amounts of its equity into global real estate. This time it has picked up stakes in a portfolio of shopping centres in New England – its first ‘regional mall’ acquisition in the US – and a large shopping centre in Dusseldorf.
2 min read · 18 January 2013
Behind China, Brazil is now the most attractive emerging market for institutional investor capital, but some LPs are frustrated by the difficulty in deploying equity.
2 min read · 18 January 2013
In its first quarterly results since listing, the New York-based asset manager reported a big boost in revenue thanks to a quintupling of carried interest income. Its real estate segment, while reporting a loss, also saw a surge in revenue and assets under management.
3 min read · 18 January 2013
The Toronto-based fund manager has revealed plans for its most significant real estate capital raising effort since it attracted $5.5 billion for its Real Estate Turnaround Consortium. The fund is one of seven fundraising efforts with a combined total capital raising target of $7 billion.
2 min read · 18 January 2013
UK-based Bridgepoint and Paris-listed Eurazeo have joined forces for the first time to acquire European real estate management company Foncia.
2 min read · 18 January 2013
A partnership between Johannesburg-based Rand Merchant Bank and Westport Property Group aims to generate IRRs of more than 30% from the eight-year vehicle.
2 min read · 18 January 2013
The Stamford-based firm has formed a joint venture with the Virginia Retirement System to acquire grocery-anchored retail properties.
2 min read · 18 January 2013
The Oregon Public Employee Retirement Fund has committed $100m to Vision Brazil's second real estate fund.
2 min read · 18 January 2013
In its maiden transaction, the new venture forms a 50-50 partnership with Ensemble Hotel Partners in its two Long Beach hotel properties.
2 min read · 18 January 2013
Arch Capital Management, the Hong Kong-based private equity real estate firm founded by ex-Citigroup and AIG executive Richard Yue and Philippines-based Ayala Corporation, has hit the fundraising trail for its second Asia opportunity fund.
2 min read · 18 January 2013
