The Montreal-based real estate subsidiary of Caisse de dépôt et placement du Québec will put up 75 percent of the capital for the $400 million project. The investment is expected to close by the end of the month, with construction set to begin before year-end.
2 min read · 17 January 2013
The core investment vehicle, called TechCore, will be managed by the Menlo Park, California-based private equity real estate firm and will invest in technology-focused properties in the US.
2 min read · 17 January 2013
The Hong Kong-based private equity real estate firm’s decision to expand its investment horizons to include private equity and infrastructure is understood to have contributed to founder and chief executive officer Rong Ren’s decision to resign.
3 min read · 17 January 2013
The London-based financial advisory business is expected to join a growing contingent of players looking to capitalise on the UK’s debt funding void.
2 min read · 17 January 2013
The Greenwich, Connecticut real estate investment firm, in a joint venture with Gaia Real Estate, has purchased a 32-property multifamily portfolio in the US. The deal forms part of its acquisition and recapitalisation of the properties’ bankrupt owner, PJ Finance Company.
2 min read · 17 January 2013
Luxembourg, a popular fund domicile for GPs worldwide, has signed a double tax treaty with Germany that could introduce withholding tax on hybrid debt instruments used to help acquire German targets.
2 min read · 17 January 2013
First quarter results published by newly-public Oaktree Capital Management reveal that it closed its latest real estate opportunity fund on $1.3 billion in commitments and has just launched its next real estate fund with a target of at least $1.5 billion.
3 min read · 17 January 2013
The National Bank of Abu Dhabi is opening up a Middle Eastern property fund to global financial investors, having received a commitment from the Gulf Investment Corporation.
2 min read · 17 January 2013
The New York-based private equity real estate firm has held a final close for its US real estate vehicle, which initially had fundraising challenges but ultimately exceeded its $650 million target. The capital raise was bolstered in part by a sizable commitment from Texas Teachers.
2 min read · 17 January 2013
The Jeddah-based boutique investment and asset management firm has included a London development fund on its slate of new investment vehicles for 2012. It would be the first time Al-Khabeer has invested outside of the Gulf region.
2 min read · 17 January 2013
