Four investors, including Danish pension fund PenSam, committed more than €100m to Sparinvest Property Fund II. The fund will target UK property funds first.
1 min read · 21 January 2013
The struggling Central European property firm, Orco Property Group, has reportedly hired UBS bank to help find potential new investors. Colony is still in talks to acquire a stake in the group after Orco filed for bankruptcy protection.
2 min read · 21 January 2013
The private equity and real estate firm has fallen short of its target, but raised 35% more than Fund II.
2 min read · 21 January 2013
Investors support continuation of fundsin the non-listed real estate market despite their own liquidity issues, says INREV.
2 min read · 21 January 2013
The reported $4bn sale of Kosmos Energy to ExxonMobil comes as institutional investors show increasing appetite for natural resources.
2 min read · 21 January 2013
The university is offloading investments including private equity and real estate to raise cash, according to the Wall Street Journal.
1 min read · 21 January 2013
Jeff Giller is leaving the San Francisco-based secondaries firm after four years. Josh Cleveland and Brendan MacDonald have already left. The departure triggers a key man clause in Liquid’s $570m LRP Fund IV.
2 min read · 21 January 2013
More than half of the UK’s institutional pension funds are planning to increase their commercial property investment allocation despite the dramatic falls in values since 2007, according to research published this week.
2 min read · 21 January 2013
Lisette van Doorn is leaving the European real estate association to return to ING as country and fund manager for its Southern Europe retail fund.
2 min read · 21 January 2013
Despite Prudential Real Estate Investors' global heft, chief executive officer Allen Smith believes the firm is as nimble, and flexible, as any boutique operation. By Zoe Hughes
10 min read · 21 January 2013