Keith Barket, global head of real estate at the New York-based firm, has passed away after succumbing to stomach cancer.
2 min read · 18 January 2013
ING Real Estate Investment Management has agreed the sale of its A$2.5 billion Australian Securities Exchange-listed industrial fund to a consortium of buyers led by Sydney-based Goodman Group. The sale is the latest in a string of real estate offloads by Dutch parent company ING.
2 min read · 18 January 2013
The fund of funds manager has appointed William Fowler and promoted Jeffrey Sobcynski to senior vice presidents. In November, the firm tapped Schroders’ veteran Michael Clarke to lead its European activities.
1 min read · 18 January 2013
The French insurer has held a first close for Commercial Real Estate Senior 1, which provides loans either directly to borrowers or indirectly by backing a syndicate of banks
2 min read · 18 January 2013
The UK Pension Protection Fund has hired LaSalle Investment Management and CBRE Investors as advisors as it continues a global push into alternatives
1 min read · 18 January 2013
Pamfleet Group, the Hong Kong and Singapore real estate investment business has attracted $125 million from institutional investors for the first closing of its debut private equity real estate fund. Hong Kong is likely to be the firm’s short-term investment destination.
2 min read · 18 January 2013
Former Quadrangle chief Steve Rattner has agreed to pay $10m and be banned from appearing before New York public pensions for five years.
2 min read · 18 January 2013
Investors will ‘sacrifice’ returns and diversification if they overlook China, Brazil and India. However, targeting the three countries’ real estate markets demands a longer-term investment horizon and plenty of due diligence.
4 min read · 18 January 2013
Hines has lost control of the $724m National Office Partners account it ran for CalPERS, with LA-based CommonWealth Partners picking up the mandate. In December, LaSalle lost the $2bn CalEast industrial portfolio to GI, RREEF.
3 min read · 18 January 2013
Latin America’s largest economy has reduced taxes for foreign investments in private equity funds, according to reports.
2 min read · 18 January 2013
