The San Francisco-based logistics giant has partnered with Norway’s sovereign wealth fund to jointly own a portfolio of industrial assets in Europe. The deal allows Prologis to recapitalise the bulk of its European assets, primarily the former ProLogis European Properties fund, and represents Norway’s first investment in the industrial space.
2 min read · 15 January 2013
Pacific Investment Management, the US fixed-income behemoth with $1.82 trillion in assets under management, has acquired five British shopping centres for its BRAVO fund, in conjunction with NewRiver Retail.
1 min read · 15 January 2013
The Zug-based private markets investment firm said it was targeting investments benefiting from junior debt or preferred equity features for a global vehicle and tourism and retail investments for an Asia vehicle.
2 min read · 15 January 2013
The European Commission has adopted long-awaited AIFM ‘level 2’ measures that GPs hoped would be scrapped during follow-up rulemaking.
5 min read · 15 January 2013
The New York firm has closed Fortress Japan Opportunity Fund II (FJOF II) at its hard cap, and says the country will continue to provide heightended levels of deleveraging and non-core asset sales.
2 min read · 15 January 2013
Norges Bank Investment Management and joint venture partner Generali have bought 9 Avenue de Messine in Paris.
2 min read · 15 January 2013
The Beverly Hills-based real estate investment firm and an undisclosed investor have purchased the resort asset from its lenders, which foreclosed on the property last year.
2 min read · 15 January 2013
Blackstone, Brookfield, Lone Star and Oaktree are vying for Global Firm of the Year, with dozens of other GPs, LPs and service providers nominated across 38 categories.
1 min read · 15 January 2013
The Menlo Park, California-based private equity firm has made its second investment on behalf of a technology property-focused separate account with CalPERS and its first investment on behalf of a similar partnership with CalSTRS.
3 min read · 15 January 2013
The US investment and asset management firm will add 64 investors to the BlackRock UK Property Fund by merging it with the RREEF UK Retail, Office and Industrial Property Funds.
2 min read · 15 January 2013
