The New York-based development firm reportedly has teamed with ADIA and Singapore’s GIC to purchase 1.1 million square feet of office space from the media giant.
2 min read · 14 November 2013
The real estate investment arm of Prudential Financial has held a first close of $430 million on a fund to invest in major US cities and some residiential property on behalf of German investors.
2 min read · 14 November 2013
The Singapore-based fund manager has joined forces with an investment arm of the Malaysian government to raise a Shariah-compliant global real estate fund.
2 min read · 13 November 2013
A partnership between the Canadian pension and the UK asset manager, established in July, has purchased Aldgate House in London for £100 million.
2 min read · 12 November 2013
The industrial real estate operator and developer has formed its second joint venture in China with HIP China Logistics Investments, giving the fund an investment capacity of $1 billion.
2 min read · 12 November 2013
The county retirement system has made its first European real estate debt investment, committing $50 million to DRC Capital’s second fund.
2 min read · 08 November 2013
Amid an anticipated rise in exit cap rates, institutional investors are expected to shift their emphasis to non-core real estate strategies in the US in their continued search for yield.
2 min read · 11 November 2013
The €300bn Hong Kong Monetary Authority exchange fund has set up a 50:50 joint venture to own and develop a central London site with a UK REIT.
2 min read · 08 November 2013
The Sydney-based family office has realized a 33 percent IRR on a two and a half-year real estate investment, and intends to look abroad for its real estate investments going forward.
2 min read · 08 November 2013
At the PERE Summit in New York, Al Tylis of NorthStar discussed his firm’s interest in secondaries and its appetite going forward.
1 min read · 07 November 2013