The $21 billion state workers compensation program has made its first value-added real estate investment for its portfolio as part of its plan to commit $50 million each to eight non-core real estate funds over the next three years.
2 min read · 27 August 2013
The Singapore-listed logistics real estate developer and investment manager and the Canadian pension fund have committed an additional $316 million of equity each to their GLP Japan Development Venture.
2 min read · 27 August 2013
After leaving Clarion Partners to start his own business last year, Lynn has joined the Phoenix-based real estate firm to help it enhance its investment activities.
2 min read · 27 August 2013
Despite a record year for investments, the New York-based private equity and real estate giant anticipates realization activity will ramp up over the next two years, particularly in its property portfolio.
3 min read · 27 August 2013
SNS Reaal, a bank and insurance group weighed down by property exposure, has been nationalised by the Dutch government at a cost of €3.7 billion.
2 min read · 27 August 2013
A troubled macro picture for China and the emergence of its cities ex-tier I provide for private equity real estate folk a compelling outlook containing both growth and distress.
3 min read · 27 August 2013
Despite talk about the need to diversify, when it comes to global institutions investing in European property, London is still the market to be in.
2 min read · 27 August 2013
Pension funds have been ramping up exposure to alternatives – with some of the world’s largest pension markets recording a rise in average allocations to 19 percent from 5 percent. Consultancy Towers Watson is ‘confident’ the numbers will keep rising.
2 min read · 27 August 2013
The Dallas-based firm reportedly is closing in on a package of residential loans being sold by Banco Bilbao Vizcaya Argentaria, at a discount of close to 70 percent.
2 min read · 27 August 2013
The US investment bank has successfully launched the initial public offering of its German residential company, LEG Immobilien, making the firm one of the largest, if not the largest, public property company in Germany.
3 min read · 27 August 2013