The private equity real estate firm has acquired an eight-acre site in California, home to Verizon-leased warehouses and an office building. The property was acquired through its $300m Somera Realty Value Fund II.
1 min read · 22 January 2013
As the fundraising market dips, mega-firms may have all the more reason to seek permanent capital bases with a public float, writes Matt Levin.
2 min read · 22 January 2013
The $153bn New York State Common Retirement Fund has marginally surpassed its 8 percent private equity target allocation while approaching its 6 percent target real estate allocation.
1 min read · 22 January 2013
The publicly listed fund, which almost exclusively invests in HarbourVest Partners' funds of funds, has experienced high returns on older funds formed in 1998, 1999 and 2001.
2 min read · 22 January 2013
The Indian infrastructure-focused firm had to delay the final close for five months pending regulatory approval. It recently announced the first investment from the vehicle, in Indian wind turbine manufacturer SE Forge.
1 min read · 22 January 2013
The Beverly Hills, California-based real estate investment firm is investing in the San Jose, California multifamily market, an area it says has strong rental growth profiles for residential property.
1 min read · 22 January 2013
The 100-square miles of Washington DC is considered one of the, if not the, most stable, real estate market in the US. What many consider to be a primarily core market though has many private equity real estate firms racing to invest. Zoe Hughes discovers why America's capital is proving so dynamic.
8 min read · 22 January 2013
Having been through two property crises in the past 20 years, Sweden could be about to enter another difficult part of its history. Robin Marriott takes the temperature of a country that has attracted legions of foreign investors in recent years and discovers the heat has gone.
7 min read · 22 January 2013
Environmental impact may be a nebulous concept for some investors, but it is something that needs to be costed by private equity real estate firms. Robin Marriott examines how carbon footprints, sustainability and energy efficiency are having an effect on environmental due diligence.
6 min read · 22 January 2013
Sustainable or ‘green’ development has been a buzz word in private equity real estate in recent years. Now, as in Europe, where green investments have been going strong for the past two decades, the concept is being espoused across all property sectors in the US. As Eva Poon discovers, it's more than just a passing fad.
10 min read · 22 January 2013