The real estate arm of the Ontario Municipal Employees’ Retirement System plans to build one of the largest urban redevelopment projects in North America.
2 min read · 17 January 2013
The $15.6 billion pension plan has approved a contribution to an emerging US real estate manager after previously committing to Brookfield’s and Rockpoint’s opportunistic vehicles.
2 min read · 17 January 2013
The $13.9 billion state university pension system has launched a search for core real estate managers, as it seeks to increase its total exposure in the asset class to 10 percent over time.
2 min read · 17 January 2013
New Jersey’s $350 million commitment represents the first major investment by a US pension plan in TPG’s growing real estate business.
3 min read · 17 January 2013
The Wall Street bank has decided to tap global demand for 'super prime' property with the sale of Continental Europe’s largest department store, KaDeWe, with bids expected to be in the region of €750m.
3 min read · 17 January 2013
Private equity and real estate firms are asking limited partners for terms that would allow for the renegotiation of fund agreements in the event carry’s tax treatment changes.
3 min read · 17 January 2013
The New York-based firms have hit the market with their fifth offering in the RCG Longview Debt Fund series. Early investors include the Pennsylvania Public School Employees’ Retirement System, which recently committed $75 million.
2 min read · 17 January 2013
The $12.78 billion pension plan now counts its commitment to Boston-based real estate manager’s 2007 vintage fund among its official tally of poorly performing real estate investments.
3 min read · 17 January 2013
Kumpulan Wang Amanah Pencen has exchanged contracts to buy 10 Gresham Street from a JV between CPPIB and London-REIT Hammerson as it looks to build on its early international forays.
2 min read · 17 January 2013
The $146.5 billion pension plan, in partnership with Artemis Real Estate Partners, has closed on the debut transaction for its $300 million real estate emerging manager programme.
2 min read · 17 January 2013