PERE has learned that the Abu Dhabi Investment Authority has invested a majority of the equity behind AMB’s $588 million joint venture in China.
2 min read · 18 January 2013
The Des Moines, Iowa-based fund manager has hired Douglas Harper as managing director in charge of its US fundraising operations.
1 min read · 18 January 2013
The international property company has decided to expand its fund management activities in Australia rather than grow by direct investment.
2 min read · 18 January 2013
ARA Asset Management has launched the second in its pan-Asia ARA Dragon Fund series. The fund is expected to have similar investment targets as its predecessor but with a greater weighting towards China.
2 min read · 18 January 2013
The 25-year veteran of global real estate firm LaSalle Investment Management is leaving to oversee BlackRock's $13bn real estate business.
3 min read · 18 January 2013
The New York-based firm has closed Savanna Real Estate Fund II after exceeding its original target.
2 min read · 18 January 2013
Reversing two years of massive declines, opportunistic funds reported returns of 6.4% in the fourth quarter of 2010 and 24.3% for the entire year.
2 min read · 18 January 2013
The French insurer has taken fundraising for AXA Commercial Real Estate Senior 1 to more than half a billion Euros having corralled an additional €180 million since January.
2 min read · 18 January 2013
Alabama-based alternatives asset management firm Harbert Management Corporation has raised €110m for its Harbert European Real Estate Fund III fund. The firm is expected to close fundraising for the vehicle later this year.
2 min read · 18 January 2013
LaSalle’s special situations division has expanded its debt offering after raising £150m to issue as junior loans. The division was originally launched last year to provide mezzanine financing.
2 min read · 18 January 2013
