In its first such exchange, the $10.2 billion pension plan intends to sell its investments with one underperforming industrial real estate firm and re-commit the capital to a first-time fund manager in the sector.
3 min read · 07 October 2013
The Los Angeles-based real estate investment manager is slated to hold a final close for its value-added fund this month and complete the initial round of capital raising for its open-ended core fund during the fourth quarter.
3 min read · 07 October 2013
The $5.95 billion county pension has invested in its last distressed real estate fund for the current fiscal year, committing $25 million to John Paulson’s second real estate offering.
2 min read · 07 October 2013
In order to reach its 12 percent target real estate allocation, the Ohio pension plan may commit up to $110 million more through its tactical portfolio by the end of 2013.
2 min read · 07 October 2013
The real estate investment arm of UK insurer Prudential has seen $112 million within its Asia core, open-ended real estate fund change hands with units purchased predominantly by European and American institutional investors.
2 min read · 07 October 2013
In order to expand its real estate holdings outside of France, La Française, a $50 billion affiliate of Crédit Mutuel Nord Europe, has entered into a partnership to acquire a 24.9 percent stake in Forum Partners and commit more than $600 million of capital across Forum’s strategies.
3 min read · 07 October 2013
The $21 billion pension plan has terminated contract negotiations with a real estate manager for the second time in just over a year.
2 min read · 07 October 2013
The Canadian pension plan has purchased a 50 percent stake in Samsung SRA’s fourth real estate fund, investing $116 million in a Seoul office development.
1 min read · 07 October 2013
The firm, best known as a distressed debt investor, is branching out into real estate debt financing with the launch of its latest fund.
1 min read · 07 October 2013
The world’s largest property services firm says the amount China’s insurers could invest in international property equates roughly to one quarter of the total capital cross-border flows in the world’s eight largest non-Chinese cities.
2 min read · 07 October 2013
