The $132.2bn public pension is shifting its attention away from value-added and opportunistic strategies, and sets an overall benchmark for the asset class to meet: a minimum of 9.25% net of fees.
3 min read · 24 January 2013
More than 300 delegates attended the PERE Forum: Europe 2010 conference in London last month, among them Brookfield's Bruce Flatt, GIC Real Estate's Bernard Phang and The Wellcome Trust's Peter Pereira Gray.
2 min read · 24 January 2013
Vornado Capital Partners has raised $350m of equity from institutional investors and $200m in co-investment from the REIT, as it targets $1bn for its value-added vehicle.
1 min read · 24 January 2013
Aberdeen Asset Management says in a report out this month that a number of factors will conspire to weaken the economic climate going into 2011
2 min read · 24 January 2013
Susan Barlow has left the real estate investment arm of Deutsche Bank after two years. It follows news that Chuck Leitner was stepping down as global head to lead the non-profit Greenprint Foundation.
2 min read · 24 January 2013
Amid continuing falls on the Australian Stock Exchange, German infrastructure firm Bilfinger Berger has postponed the planned IPO of its Australian construction business, Valemus. The IPO was expected to raise proceeds of between A$1.22bn and A$1.39bn.
2 min read · 24 January 2013
Since handing back the keys to the New York multifamily complex, Stuyvesant Town and Peter Cooper Village, Tishman Speyer has remained active, completing workouts, raising capital and looking for new deals.
2 min read · 24 January 2013
Aberdeen Property Investors Indirect Investment Management, the multi-manager business of Aberdeen Property Investors, is poised to start fundraising for its third fund of funds vehicle for Asia.
1 min read · 24 January 2013
Will the US Congress’ calls for strict limits on bank co-investment in captive private equity real estate funds encourage financial institutions to leave the industry?
3 min read · 24 January 2013
CB Richard Ellis Investors’ global multi- manager division exceeds its initial capital raising target for its Asia Alpha Fund.
2 min read · 24 January 2013
