The San Francisco-based firm has officially closed its 10th vehicle exceeding its original target by roughly 20 percent.
2 min read · 18 January 2013
The two Swedish pension funds have committed €500m to the venture, which will be advised by Catella
2 min read · 18 January 2013
The Toronto-based manager has invested just 30% of its $5.5bn Real Estate Turnaround Consortium, committing $1.6bn into the GGP recapitalisation. Brookfield, which has another $3.1bn of infrastructure dry powder, is planning to launch seven funds in the next 18 months eyeing $4bn of public and private equity.
2 min read · 18 January 2013
The Kuwait Investment Authority is reportedly launching a fund targeting local real estate markets.
1 min read · 18 January 2013
As the two industrial fund managers work towards a merger, the firms report damage estimates from the earthquake and tsunami. AMB said 40% of the $6m in damages suffered to its portfolio applied to its $673m Japan Fund.
2 min read · 18 January 2013
Carolijn ter Haar has left Morgan Stanley Alternative Investment Partners for personal reasons, prompting fellow portfolio manager David Boyle to move to London. Joseph Stecher continues to lead the team from New York.
2 min read · 18 January 2013
Daniel Mudd will challenge a ‘Wells notice’ served by the Securities and Exchange Commission, as the federal agency investigates the conduct of Fannie Mae and Freddie Mac in the run-up to the financial crisis.
2 min read · 18 January 2013
Despite Japan’s J-REIT sector crashing by almost 7 percent, real estate firms active in the country are not panicking after the country's worst ever earthquake. Some say damage to the investment market should be short term.
3 min read · 18 January 2013
The $25.5bn US pension has invested in BPG's latest value-added vehicle, targeting $250m. The Pennsylvania pension saw its real estate portfolio return 2.3% in 2010, and 4.5% in the fourth quarter.
2 min read · 18 January 2013
Europe’s fund managers say the atmosphere at this year’s MIPIM property show in Cannes is more optimistic than in 2010, with capital from Asia, the Middle East and, to an extent, the US interested in the region.
2 min read · 18 January 2013
