The $35bn Pennsylvania State Employees’ Retirement System allocates further funds to RE after returning 22 percent from the asset class last year.
2 min read · 22 January 2013
Wachovia Corp plans to sell more than 100 vacant branches to American Realty Capital Trust in 2008 with more expected to follow.
1 min read · 22 January 2013
Old Mutual Investment Group is showcasing a new $500 million Indian real estate fund at the world’s largest property conference in the south of France this week.
2 min read · 22 January 2013
The Piramal-owned firm has already received a $250m commitment from 3i.
1 min read · 22 January 2013
Despite vigorous lobbying by business groups, the UK government has pushed ahead with its plans to introduce the annual levy on foreigners working in Britain, which will force many private equity real estate professionals in the country to pay additional UK tax on their personal worldwide earnings.
4 min read · 22 January 2013
As part of a renewed emphasis on alternative investments, the state's retirement fund has made commitments to venture, energy, and distressed funds.
2 min read · 22 January 2013
Our man in Cannes reports on the travel travails and marketing mayhem that have marked the first day of MIPIM.
2 min read · 22 January 2013
The third closing follows a €12 million acquisition in Belgium.
2 min read · 22 January 2013
As investors position themselves to take advantage of falling commercial property values in the UK, Orchard and Singapore's state-owned investment fund, GIC, are looking to make up to 15 British property investments over the next three years.
1 min read · 22 January 2013
Kevin Tunick is the second alternative investment manager to leave the influential endowment following the arrival of a new CEO.
2 min read · 22 January 2013
