Hines US Office Value Added Venture III has obtained $210 million in equity from a single institutional investor. With leverage, the vehicle will have more than $600 million of buying power for the US office sector.
2 min read · 17 January 2013
The New Jersey-based real estate investment manager has wrapped up capital raising for its US debt fund, which attracted commitments from institutional investors such as the Employees Retirement System of Texas.
2 min read · 17 January 2013
The real estate arm of the Ontario Municipal Employees’ Retirement System plans to build one of the largest urban redevelopment projects in North America.
2 min read · 17 January 2013
The global asset management business of UK insurer Aviva has bolstered the ranks of its real estate platform in Asia with the hire of ex-Macquarie Capital man Benjamin Aiken.
1 min read · 17 January 2013
The real estate entrepreneur and author died earlier this month while on safari in Africa with her husband.
2 min read · 17 January 2013
AXA Real Estate Investment Management says it has launched a new business to double its investments in alternatives to €1.5bn in value over the next three years in response to growing demand for alternatives.
2 min read · 17 January 2013
The $15.6 billion pension plan has approved a contribution to an emerging US real estate manager after previously committing to Brookfield’s and Rockpoint’s opportunistic vehicles.
2 min read · 17 January 2013
The New York-based firm, best known for owning a stake in the Chrysler building, has launched a fund with a $750 million final target. If achieved, it would be its biggest to date.
2 min read · 17 January 2013
With real estate financing in Europe still difficult to come by, one of America’s biggest commercial real estate lenders is ramping up in the region, pointing the way for its fellow US banks.
3 min read · 29 January 2013
The $13.9 billion state university pension system has launched a search for core real estate managers, as it seeks to increase its total exposure in the asset class to 10 percent over time.
2 min read · 17 January 2013
