The European Bank for Reconstruction and Development (EBRD) has proposed a €75 million commitment to Chicago-based Heitman’s European Property Partners IV fund. The vehicle is targeting €600m of equity by its final close in September.
1 min read · 21 January 2013
AiM-listed Hansteen Holdings has become the latest name to try luring more equity through the issue of shares. The firm believes now is the time to execute industrial property deals at “double digit” yields.
2 min read · 21 January 2013
The Irvine, California-based real estate investment firm is focusing its latest value-added and core-plus vehicle on US office and industrial assets.
1 min read · 21 January 2013
Prudential Real Estate Investors is raising its fourth vehicle in the PLA Residential fund series, which have previously targeted Latin America. It comes as the PLA Fund III (Chile) fund buys an 18% stake in Chilean developer Paz Corp.
1 min read · 21 January 2013
Korea Investment Corporation has signed memorandums of understanding with Australia’s QIC and Malaysia’s Khazanah Nasional to jointly explore investment opportunities.
2 min read · 21 January 2013
The real estate arm of the French insurer has reportedly halted plans to invest in Asia until the market malaise is over, according to executives. The firm said it needed to see signs of 'stability' before re-entering the region's markets.
2 min read · 21 January 2013
The industrial developer and investment firm has closed on three loans totalling $347m, allowing it to pay down its remaining corporate maturities for this year, and a portion of the debt due in 2010.
1 min read · 21 January 2013
This month saw two direct investments in the City of London by Middle Eastern investors better known for making third party investments into blind pool, discretionary funds. PERE spoke with the agent behind these deals about their wind change in investment priorities.
2 min read · 21 January 2013
After TARP, TALF and PPIP, what the US banking system really needs is an RTC to clean up toxic real estate loans, says Zoe Hughes
2 min read · 21 January 2013
The sovereign fund will resume overseas investments following a $3bn cash injection by the Korean government.
1 min read · 21 January 2013
