The Chicago-based firm has raised $192 million in a first closing for its LaSalle Asia Opportunity Fund IV but reduced its fundraising target to $500 million from $750 million, according to a note to investors obtained by PERE this month. It has enjoyed comparatively more success raising $431 million for its third Japanese logistics fund.
3 min read · 28 August 2013
The Australian superannuation fund has committed hundreds of millions of dollars to a real estate mezzanine finance fund managed by Australia-based Qualitas Property Partners. The commitment is its first in the bridge property finance space.
2 min read · 28 August 2013
The $2.6 trillion pension industry in China is expected to invest $114 billion offshore by 2015 but only 10 percent of that is predicted to go to real estate, according to research firm Z-Ben Advisors.
2 min read · 28 August 2013
Through its venture with Canyon Capital, the $263 billion state pension system has made two more investments in early-stage real estate managers, bringing the total number of firms selected to four.
2 min read · 28 August 2013
The $112.4 billion pension plan has committed an additional $200 million of equity to the Chicago-based investment manager to deploy in new global real estate co-investment opportunities.
2 min read · 28 August 2013
AEW’s Value Investors Asia fund has been exited of all of its assets and has achieved a 13 percent IRR overall. The firm is currently capital raising for a second Pan-Asia fund.
2 min read · 28 August 2013
After underperforming the previous fiscal year, the $165.8 billion pension system’s property investments beat their benchmark by a wider margin than any of the organization’s other asset classes.
1 min read · 28 August 2013
Real estate helped to fuel the $262.7 billion pension plan’s overall portfolio performance rebound during fiscal year 2012-13, but property returns were down from the outsized results of the previous 12-month period.
3 min read · 28 August 2013
The Beijing-based private equity real estate firm has made its second investment in the US property market on behalf of high net worth individuals in a sign that rich Chinese individuals are warming to multi-asset funds overseas.
3 min read · 28 August 2013
The $75.64 billion pension system disclosed the names of all 25 fund interests in its massive real estate secondaries offering yesterday. It also committed $185 million to Prologis’ second open-ended core fund focused on Europe.
4 min read · 28 August 2013
