Brookfield's success with its Real Estate Turnaround Consortium has given the Toronto-based firm the confidence to target $4 billion for its new global opportunity fund.
3 min read · 30 January 2013
The Canada Pension Plan Investment Board continues investing large amounts of its equity into global real estate. This time it has picked up stakes in a portfolio of shopping centres in New England – its first ‘regional mall’ acquisition in the US – and a large shopping centre in Dusseldorf.
2 min read · 18 January 2013
Michael Wilkinson, one of the founding partners of Europe- and Asia-focused firm MGPA, has left to pursue new challenges. He was most recently in charge of the firm’s Asia development activities.
2 min read · 18 January 2013
Behind China, Brazil is now the most attractive emerging market for institutional investor capital, but some LPs are frustrated by the difficulty in deploying equity.
2 min read · 18 January 2013
In its first quarterly results since listing, the New York-based asset manager reported a big boost in revenue thanks to a quintupling of carried interest income. Its real estate segment, while reporting a loss, also saw a surge in revenue and assets under management.
3 min read · 18 January 2013
The US regulator plans on raising the net worth required of an investor in order for advisors to charge performance fees.
1 min read · 18 January 2013
The country´s infrastructure and complex tax system are preventing Brazil from attracting even more international equity, according to panelists at the annual ADIT conference.
2 min read · 18 January 2013
The Toronto-based fund manager has revealed plans for its most significant real estate capital raising effort since it attracted $5.5 billion for its Real Estate Turnaround Consortium. The fund is one of seven fundraising efforts with a combined total capital raising target of $7 billion.
2 min read · 18 January 2013
UK-based Bridgepoint and Paris-listed Eurazeo have joined forces for the first time to acquire European real estate management company Foncia.
2 min read · 18 January 2013
The first property services firm to be listed on the London Stock Exchange is currently in talks to be taken private by its biggest shareholder.
2 min read · 18 January 2013
