Momentum Real Estate Partners eyes final close in the next year for its debut vehicle, as it targets distressed multifamily in the US Sunbelt region.
1 min read · 24 January 2013
In order to meet future liabilities, the Asia Pacific Real Estate Association has called on pension funds in the region to mirror their US and European counterparts which have asset allocations to real estate of up to 10%.
2 min read · 24 January 2013
The move by Dallas-based firm Invesco comes hot on the heels of hotel specialist Azure Properties which said it was in discussions with major private equity groups and commercial real estate funds on a joint venture to acquire up €1.1bn of hospitality assets
2 min read · 24 January 2013
The only European real estate fund ING has launched this year, its €750m shopping centre vehicle, should hold a first close in the next three months, PERE learned at this year’s EXPO Real conference in Munich.
2 min read · 24 January 2013
Phillip Filippelis joins as managing director to lead the firm's operations in Australia and New Zealand.
1 min read · 24 January 2013
The Washington State Investment Board has approved commitments to GTCR’s tenth fund, targeting $3bn, and Southern Cross’ fourth Latin America fund, which closed last month on $1.68bn.
2 min read · 24 January 2013
First Property Group, the AiM-listed property fund management firm, announced today it has launched an opportunity fund to invest in commercial real estate with a particular focus on Poland.
2 min read · 24 January 2013
As part of the agreement, the general partner responsibilities of the $2.65bn Asian Real Estate Opportunities Fund are expected to transfer to Blackstone.
4 min read · 24 January 2013
New York-based alternative assets management firm Fortress is to open an office in Singapore. The office will initially host its Asia-specific macro-trading activities to be led by Adam Levinson, reportedly one of Wall Street’s top earners.
2 min read · 24 January 2013
As musician and campaigner Bob Geldof launches a $1bn private equity fund, his long-time ally in philanthropy, Bono, is learning that limited partners demand results.
3 min read · 24 January 2013
