The property investment firm has acquired a portfolio of three Burbank, California office buildings located in the state’s media district.
1 min read · 22 January 2013
The pension’s overall annual return of 4.5 percent – its lowest return in five years – was boosted by alternatives. Teachers’ annual report said real estate was the highest performing asset class returning 14.7 percent.
3 min read · 22 January 2013
The China Securities Regulatory Commission has taken steps to give the country’s securities firms access to the private equity market, as China continues to formalise its regulation of domestic private equity.
2 min read · 22 January 2013
The New York Common Retirement Fund has taken a 51 percent stake in Shurgard, the European arm of US company Public Storage.
2 min read · 22 January 2013
The private equity firm said it had closed its ninth real estate fund and the largest fund ever raised as it promises to take advantage of the current market dislocation.
2 min read · 22 January 2013
The Swiss bank, which today wrote down $19 billion of assets, saw its chairman Marcel Ospel resign and reported a first quarter loss of $12.1bn, is to create a separate vehicle to own ‘problem assets.’
3 min read · 22 January 2013
The US private equity firm has agreed to buy a €1bn portfolio from the logistics subsidiary of German mailing company Deutsche Post.
2 min read · 22 January 2013
The publicly listed KKR affiliate has agreed to swap $3.5 billion in debt for assets with its asset-backed commercial paper issuers. It will also sell a controlling interest in its REIT subsidiary to Rock Capital 2 and has proposed a rights offering of 20 million shares for ‘general corporate purposes’.
2 min read · 22 January 2013
The Canada Pension Plan Investment Board will invest in Noble Environmental Power for wind park development.
1 min read · 22 January 2013
DLJ South America Partners' first fund has completed three investments to date, including participation in a club deal for Latin American and Caribbean McDonald’s restaurants.
1 min read · 22 January 2013
