In our final Friday Letter of the year, we select 10 things that happened in the private real estate investment universe during the last 12 months that we believe were indicative of things to come in the next 12.
5 min read · 19 December 2014
The Boston-based private equity real estate firm is expected to hold its largest and fastest first close with its latest opportunity fund.
2 min read · 17 December 2014
The New York firm has bought The Atrium in the Irish capital for its BREP Europe IV fund.
2 min read · 17 December 2014
The venture includes Manulife’s sale of majority interests in two trophy office buildings to Allianz.
2 min read · 16 December 2014
PERE's sister publication Real Estate Capital is thinking about The Bank of England’s stress testing of the UK banking system. It says the test has exposed The Co-operative Bank, Lloyds Banking Group and Nationwide’s real estate loan books as being volatile in the case of a severe economic downturn.
4 min read · 16 December 2014
The Singaporean sovereign wealth fund has tied up with Vatika Group to invest in residential projects in India, following a similar partnership with another local developer earlier this year.
2 min read · 16 December 2014
The firm, which will administer the pension system’s $5.7 billion real estate portfolio, will replace Callan Associates.
1 min read · 15 December 2014
Korea’s preeminent state investor has completed a rare state fund-to-state fund sale, offloading 8 Canada Square in London’s Canary Wharf, to the Qatar Investment Authority.
2 min read · 15 December 2014
The Singaporean sovereign wealth fund has made its first wholly-owned direct real estate investment in Latin America with the purchase of an under-construction office building in Brazil.
2 min read · 15 December 2014
Largest equity raise ever for the Paris-based firm as it closes on €820 million of fresh commitments for its core Logistis platform.
2 min read · 10 December 2014