The $34bn public pension plan admits it is ‘not at all optimistic’ about the short-term future of real estate equity deals as it looks to separate accounts targeting new debt originations with LTVs of between 50% and 75%.
2 min read · 24 January 2013
The directive – which could drastically impact non-EU managers – is in final stages of negotiations, according to the EU's markets commissioner.
3 min read · 24 January 2013
The $27.4bn endowment will keep eyeing secondaries sales and acquisitions, after reporting a 2.7% real estate loss in the past year. Real estate, though, would be one of the 'most interesting' opportunities over the next few years.
2 min read · 24 January 2013
The listed US company is raising capital from German-speaking investors for its Tactical UK fund.
1 min read · 24 January 2013
In restructuring the leadership of the Atlanta-based development and investment firm, the founders of Portman Holdings have promoted Baisiwala to CEO and Richard Jones to COO.
1 min read · 24 January 2013
Mollie Lau, AIG Real Estate’s former primary deal-sourcer in Asia, is among three people hired by UK-based Invista Real Estate Investment Management to bolster its new Asia business
1 min read · 24 January 2013
An analysis of performance by European real estate funds suggests a minority brought down returns as well as brought the industry into disrepute
3 min read · 24 January 2013
The New York-based platform, led by Joseph Azrach, has appointed Mikulich to run its North America property operations. Mikulich, who starts Monday, joins Grant Kelley and Roger Orf as one of Apollo's three regional heads.
2 min read · 24 January 2013
The country has lifted restrictions on domestic insurance companies, paving the way to potentially billions of dollars-worth of investment in property and real estate funds
1 min read · 24 January 2013
As it warned investors of a 25% fall in its half-year profit, the Australian investment bank also disclosed several growth initiatives, including debt underwriting in the US and a new office in Argentina. A senior New York Macquarie executive is also scoping out opportunities in Brazil.
3 min read · 24 January 2013
