The real estate arm of OMERS has purchased the central business district office of CBRE in a deal reflecting a yield of 5.5%.
1 min read · 17 January 2013
How one UK opportunity fund is swimming against the tide by starting a speculative office scheme outside of London.
3 min read · 17 January 2013
The Second Swedish National Pension Fund has bought into a $1.8 billion portfolio of offices also owned by the National Pension Service of Korea, Tishman Speyer and the Government of Singapore Investment Corporation.
1 min read · 17 January 2013
Corpus Sireo expects more non-performing loans to trade in Germany rise next year with the volume of loans coming up for renewal reaching €3bn.
2 min read · 17 January 2013
The fund, which focuses on small- to mid-sized value-added investment opportunities in New York, has raised $10 million of its $50 million target.
2 min read · 17 January 2013
The $74.5 billion pension system has earmarked a significant amount of capital to new real estate commitments for 2013, primarily through re-ups with existing managers.
2 min read · 17 January 2013
The real estate fund management business of Prudential’s European asset manager M&G Investments has expanded its presence in Asia with the openings of offices in Tokyo and Seoul and the hires of four new staff.
2 min read · 17 January 2013
Two London-based private equity real estate firms have joined forces to acquire a portfolio of 24 office, industrial and retail properties from the Henderson Caspar fund, which was faced with a CMBS maturity.
2 min read · 17 January 2013
The state investment board, which manages $12.78 billion in total assets, has agreed to invest in two value-added funds as it continues to raise its exposure to the real estate strategy.
2 min read · 17 January 2013
The real estate arm of Caisse de dépôt et placement du Quebec has purchased a 49.9 percent ownership interest 1411 Broadway for $360 million. The Swig Company will continue to hold the majority interest in the 1.2 million-square-foot office tower.
1 min read · 17 January 2013
