Investors in the Hong Kong-based firm’s CR China Retail Real Estate Development Fund I are expected to vote next month on whether it continues investing from the $466 million vehicle after the resignation of key man Rong Ren earlier this month.
3 min read · 17 January 2013
The New York-based private equity real estate firm now is raising capital for the third offering of its opportunistic fund, less than a year after closing on more than $1 billion of commitments during its second capital raise in 2011.
2 min read · 17 January 2013
Warburg Pincus has received commitments from 340 investors for its latest buyout fund, which will target real estate and other strategies. The firm also will offer a fee break to LPs committing $200 million or more.
1 min read · 17 January 2013
The $110 billion pension fund has contributed $150 million each to Apollo’s US Real Estate Fund and Westbrook’s Fund IX.
2 min read · 17 January 2013
The $154 billion state pension has purchased a controlling stake in US multifamily developer LCOR from the estate of the former Wall Street banking giant for $820 million.
2 min read · 17 January 2013
The state’s $15 billion permanent endowment has approved an increase in its real estate allocation target from 6 percent to 7 percent as part of a larger objective to double the target to 10 percent by year’s end
2 min read · 17 January 2013
The contribution to $125 million value-added shopping centre vehicle follows the university’s recent commitment to real estate funds from The Related Companies and BLG Capital.
2 min read · 17 January 2013
The new venture plans to spend more than $140 million on industrial, value-added acquisitions in Chicago, New Jersey and New York.
1 min read · 17 January 2013
The European association for investors in unlisted real estate vehicles wants to improve due diligence and the decision-making process on fund of funds investments.
2 min read · 17 January 2013
The core investment vehicle, called TechCore, will be managed by the Menlo Park, California-based private equity real estate firm and will invest in technology-focused properties in the US.
2 min read · 17 January 2013
