Despite a heavy weighting to core, the $163.68 million pension plan invested only in value-added and opportunistic real estate strategies during the first quarter.
2 min read · 28 August 2013
The $23.8 billion pension system plans to line up significant capital outlays to private real estate over the next four fiscal years, with a focus on non-core opportunities.
3 min read · 28 August 2013
The real estate arm of the Ontario Municipal Employees Retirement System has invested again in central London, this time forming a 50:50 venture with the Crown Estate to develop a mixed office and retail property off Regent Street.
2 min read · 28 August 2013
The €50 million contribution to Perella Weinberg Real Estate Fund II marks the $15.9 billion state endowment’s first contribution to a pure Europe-focused real estate vehicle.
2 min read · 28 August 2013
The $38.1 billion pension system has approved a commitment of $75 million to Oaktree Real Estate Opportunities Fund VI.
2 min read · 28 August 2013
The sovereign wealth fund of the United Arab Emirates has cut the amount of its assets managed by external managers from 80 percent to 75 percent, further signalling its intent to handle more of its own portfolio directly.
2 min read · 28 August 2013
In a first venture of its kind, LaSalle Investment Management and Dutch pension fund asset manager APG are targeting whole loan development finance for the London residential and UK student housing sectors.
2 min read · 28 August 2013
A new Taiwan regulation has cleared the $450bn domestic industry to begin investing in real estate outside of Taiwan, but restrictions on such investments may place these insurance companies at a disadvantage.
2 min read · 28 August 2013
The first-ever institutional fund raised to invest in the Russian property market has returned 2.1x money to its investors.
2 min read · 28 August 2013
America’s largest pension plan has agreed to acquire an interest in the Metropolis shopping center in Moscow, three months after Morgan Stanley acquired the property in the largest-ever commercial real estate deal in Russia.
2 min read · 28 August 2013