The $51 billion pension plan has resolved to contribute to the Toronto-based firm’s first global opportunistic real estate fund, Brookfield Strategic Real Estate Partners, which already has held a first close on $2.1 billion.
2 min read · 17 January 2013
In entering the North America market, the Australia-based industrial property company will be partnering with California-based Birtcher Development and the Canadian Pension Plan Investment Board to develop and invest in logistics and industrial facilities across the region.
3 min read · 17 January 2013
The London-based manager has won a mandate from the pension scheme of Boots, the retailer which KKR recently sold to Walgreens of the US.
2 min read · 17 January 2013
The $24 billion pension plan will allot 12% to real assets and reduce its overall investment in real estate, which now will be a sub-asset class.
2 min read · 17 January 2013
A bi-annual study by Seattle-based asset manager, Russell Investments, suggests institutional investors continue to demand exposure to alternative assets. But when it comes to real estate only 38 percent say funds are the chosen vehicle.
2 min read · 17 January 2013
The London-based company will take on the role as investment advisor for the BBC Pension Fund’s £300m of UK real estate assets.
1 min read · 17 January 2013
A New York private equity real estate fund managed by Leon Bressler has sold a 51 percent stake in a German shopping centre operator to his former company, Unibail-Rodamco prompting criticism from market peers.
2 min read · 17 January 2013
René Kassis is heading a team of four at La Banque Postale’s asset management division working on a new real estate and infrastructure senior debt fund. The fund will target primary and secondary deals across Europe and is expected to reach a first close by the fall.
1 min read · 17 January 2013
The asset management firm has been appointed to manage the direct portfolio of Danish Charity Foundation Aage V Jensen.
1 min read · 17 January 2013
Amid plenty of doom and gloom, there were some rays of light to encourage delegates of the PERE Summit: Europe to think positively about the region.
3 min read · 17 January 2013
