The annual survey of foreign investors in US real estate reveals the country is deemed the best global opportunity for capital appreciation, followed by the UK.
2 min read · 24 January 2013
INREV concludes from its 2010 Investment Strategies questionnaire that there has been a shift ‘down the risk spectrum’, with investors in unlisted funds preferring to concentrate on core property for diversification and income generation sake
3 min read · 24 January 2013
Amid 5,000 pages of documents released by CalPERS, it was revealed Capmark paid Credit Suisse a one-time fee of $27m for one fund, while RLJ paid Presidio $10.6m for two vehicles, including $1.7m for CalPERS' commitments.
3 min read · 24 January 2013
A placement firm run by a former board member of the California Public Employees’ Retirement System has received far more in fees from the pension than any other placement agent, according to FOIA documents.
2 min read · 24 January 2013
The proceeds comprise $408m of initial commitments the firm has raised for its Mexican infrastructure fund, which was formally launched today. Macquarie has structured the fund as two separate trusts in order to facilitate the participation of the seven Mexican pensions.
2 min read · 24 January 2013
The Cayman Island’s loss will be Luxembourg’s gain if the EU’s AIFM Directive passes as written.
2 min read · 24 January 2013
The private equity real estate arm of BNY Mellon has teamed up with developer Moore & Associates to buy the 500,000 sq. ft. building, Station Square.
1 min read · 24 January 2013
The Government of Singapore Investment Corporation has reportedly booked a loss on equity and debt positions taken when Tishman Speyer and BlackRock bought New York City’s Stuyvesant Town and Peter Cooper Village in 2006.
2 min read · 24 January 2013
Glenmont Capital founding partner Larry Kestin expects lenders to get more realistic over prices in 2010. The firm recently acquired a Florida hotel from a bank after the borrower filed for bankruptcy.
2 min read · 24 January 2013
The latest study by INREV, the European body for unlisted funds, suggests fees are more likely to be charged on realised returns, rather than unrealised returns based on valuations
2 min read · 24 January 2013
