The Boston firm has secured an agreement from German bank, Deutsche Pfandbriefbank, to renew and extend a €600m acquisition and development facility of the ‘Tour First’ tower in La Defense near Paris.
1 min read · 24 January 2013
The Cardiff and Vale of Glamorgan Pension Fund, which has around £760m of assets, wants to find a real estate fund of funds manager to invest globally.
1 min read · 24 January 2013
The Washington DC-based firm is expected to close on roughly a dozen capital commitments for its US Government Properties Income and Growth Fund in the next week.
2 min read · 24 January 2013
The firm’s sixth real estate fund, which collected $11bn in 2008, has recovered from its lows of about 46 cents on the dollar to about 85 cents on the dollar, Steve Schwarzman said during an earnings call Thursday.
2 min read · 24 January 2013
The New York-based firm has appointed Arvind Bajaj to lead its acquisition and capital raising activities.
2 min read · 24 January 2013
The Boston-based private equity real estate firm has sold its stake in the Telus Tower to the Healthcare of Ontario Pension Plan, which now owns 90% of the 810,000 sq. ft property.
2 min read · 24 January 2013
Alfred Villalobos, the embattled placement agent accused of bribery, said he plans to sue CalPERS for spreading 'lies' about him.
2 min read · 24 January 2013
The Korea Investment Corporation has appointed Swiss-based alternatives firm Partners Group to help it invest in private real estate strategies
2 min read · 24 January 2013
The California State Teachers’ Retirement System refuses to ‘sell at loss’, temporarily shifting 5% of its equities portfolio to real estate, private equity and fixed income to take advantage of distress.
2 min read · 24 January 2013
The $205bn California Public Employees’ Retirement System focuses on restructuring its real estate separate accounts and ‘letting go’ weak managers, as it reports declines of 37.1% in the year to the end of March.
2 min read · 24 January 2013
