The Chicago-based value-added fund manager has closed Heitman European Property Partners IV on €505m.
1 min read · 21 January 2013
A 1994 RFP from the pension to invest in inner-city neighbourhoods received a single proposal – from a firm controlled by Victor MacFarlane, who has now ‘resigned’ as the manager of the closely watched California Urban Investment Partners.
3 min read · 21 January 2013
The Canadian pension’s goal is to shift its private equity portfolio to 80% direct investments from the current 35%. The pension has been a direct investor in infrastructure and real estate for many years through its Borealis Infrastructure and Oxford Properties direct investment teams.
3 min read · 21 January 2013
General partners have to ‘open their minds’ to investor concerns about fees, control and transparency while limited partners have to move away from the ‘who’s to blame’ conversations, according to David Hodes and Doug Weill.
2 min read · 21 January 2013
The court ruling that Tishman Speyer and BlackRock improperly raised rents on rent-stabilised apartments at a landmark New York complex is big news for the firms – and New York real estate. By Zoe Hughes
4 min read · 21 January 2013
The London-based firm has teamed up with recently-formed M7 Investment Management as it seeks to purchase industrial real estate assets across the UK.
1 min read · 21 January 2013
The London-based real estate investment management firm has hired Edmund Craston in a push to expand its fund management business.
1 min read · 21 January 2013
The value-creation hopes of Tishman Speyer and BlackRock were dashed yesterday when a court found they improperly raised rents on rent-stabilised properties at a landmark New York complex. This is big news for New York real estate and very bad news for Tishman and BlackRock. Zoe Hughes
3 min read · 31 January 2013
New York’s highest court finds that Tishman, BlackRock, and previous owner MetLife, improperly deregulated rents at the Manhattan complex. Tenants who brought the case are claiming back rent and damages of up to $600m.
3 min read · 21 January 2013
Jon Tanaka has been appointed managing director and head of Japan in charge of Angelo Gordon’s real estate activities in the country.
1 min read · 21 January 2013
