The $30.5bn Los Angeles County Employees Retirement Association will wait to make investments in the asset class because infrastructure is still too 'under-developed'.
2 min read · 24 January 2013
Why limited partner capital could be finding its way into the wrong funds.
2 min read · 24 January 2013
Extended Stay’s board has backed Starwood, TPG and Five Mile's offer, saying it would value the bankrupt company at $3.9bn. Starwood will invest 50% of the new equity, with TPG and Five Mile splitting the remainder.
2 min read · 24 January 2013
The European and Asia private equity real estate firm has hired Christian Schulte Eistrup as head of capital markets.
1 min read · 24 January 2013
British life companies and pension funds will increasingly eye direct real estate investments inside the UK, but when it comes to overseas investments non-listed property funds will be key.
2 min read · 24 January 2013
The pension is also planning on making $400m of direct investments in infrastructure in 2010 as it further builds up a team to make such investments, according to a presentation prepared for the investment committee of the $205.8bn pension.
2 min read · 24 January 2013
Anne Kavanagh will report directly to AXA Real Estate chief executive Pierre Vaquier.
1 min read · 24 January 2013
Roughly $17bn of opportunistic real estate funds held final closes by the end of 2009, but only after ‘exhaustive’ marketing periods, according to Clerestory Capital.
2 min read · 24 January 2013
Schroder Property has received subscriptions for approximately £80m for its Columbus UK Real Estate Fund. The London-based platform plans to raise £500m for the vehicle, including debt.
2 min read · 24 January 2013
Shuaa Capital Saudi Arabia, a subsidiary of Dubai-based Shuaa Capital, has completed a land acquisition on behalf of its Shuaa Hospitality Fund. According to an announcement by the firm, the deal is the “first of its kind” in the country.
1 min read · 24 January 2013
