US financial services firm State Street Corporation has been selected by Norges Bank to provide fund administration services for the real estate programme of the Norwegian Government's Pension Fund
1 min read · 24 January 2013
GE's real estate chief executive, Ron Pressman, describes the fund as being in line with the firm’s aspiration to become a manager of private equity real estate funds
2 min read · 24 January 2013
A Starwood Capital-led consortium has reportedly made a ‘better’ offer than rival Centerbridge Partners and Paulson & Co. for the bankrupt hotel operator. Starwood’s bid was delivered Monday, the last day to submit competing bids.
2 min read · 24 January 2013
Investors have been asking selected fund managers to launch real estate funds, according to Ernst & Young’s Dean Hodcroft. He explained his experience at this month’s PERE UK Roundtable discussion.
2 min read · 24 January 2013
The Council of Ministers and the ECON Committee have approved versions of the directive, but crucial differences remain in regards to the ‘third country’ rules.
3 min read · 24 January 2013
The start-up real estate arm of the UK’s Arbuthnot Banking Group has opted for an open-ended vehicle having taken soundings from multi-managers and consultants
1 min read · 24 January 2013
The Canadian pension has invested A$200m in a development fund with Goodman targeting Australian logistics and seeded by a distribution centre in Melbourne. It follows a $150m China JV between CPPIB and Goodman.
2 min read · 24 January 2013
The Council of Ministers and the ECON Committee have approved versions of the directive, but crucial differences remain in regards to the ‘third country’ rules. The latter group's version also includes a clause that could block LBOs.
3 min read · 24 January 2013
Ex-CPI China head to join Treasury Holdings 2010-05-18 Jonathan Brasse <P><SPAN style="FONT-FAMILY: Verdana">Wendy Yao, the former head of Citi Property Investors (CPI), is to become the chief investment officer of the China business of Treasury Holdings.<BR> <BR> <EM>
2 min read · 19 January 2013
Washington DC-based The Carlyle Group has closed its Asia Real Estate Partners II fund on $485m after setting out to raise $1bn in 2008. The company has remained active in raising capital and deploying equity over the past year.
1 min read · 24 January 2013
