The listed Australian property fund manager says it has doubled the A$100m of equity commitments it secured by August this year by gaining investment from domestic and international investors.
2 min read · 18 January 2013
DTZ has finally been sold to Australian engineering, construction and maintenance company UGL Limited, bringing its protracted sale saga to a close. The combined company has 24,000 staff, 225 offices across 45 countries and generates an annual revenue of about £1.2bn making it one of the largest property services groups in the world.
3 min read · 18 January 2013
The $80 billion state investment board has invested in BREP VII, as well as hiring Heitman to manage a $20 million separate account.
1 min read · 18 January 2013
The Australia-focused real estate investment manager has invested enough capital from its debut opportunity fund to be able to bring its second fund to the market.
2 min read · 18 January 2013
The Phoenix-based private real estate company is raising its first investment fund to acquire retail properties in the West and Southwest regions of the US.
1 min read · 18 January 2013
The Washington DC-based private equity giant has turned away approximately $500m of potential commitments as it sees its real estate opportunity fund, Carlyle Realty Partners VI, become oversubscribed.
2 min read · 18 January 2013
The fate of Morgan Stanley Real Estate Investing’s latest global opportunity fund lies in an investor vote to extend its investment period scheduled to happen this month.
3 min read · 18 January 2013
Robert-Jan Foortse, head of non-listed European property investments at APG, told PERE in October that it was seeing a good pipeline of deals in both unlisted funds and the listed sector. He also said the Netherlands-based pension administrator, which oversees the assets of Stichting Pensioenfonds ABP, was seeking to back tried and tested operators. PERE Magazine, December 2011, January 2012 issue.
1 min read · 18 January 2013
The Toronto-based asset manager will assume ownership of three assets in the Bahamas and Mexico under a debt restructuring agreement with Kerzner International.
2 min read · 18 January 2013
L’Établissement de Retraite Additionnelle de la Fonction Publique (ERAFP), which looks after the pension interests of 4.7 million French civil servants, could invest around 1 percent of its current annual inflow of €1.5 billion in the asset class each year.
2 min read · 18 January 2013
