The international private placement firm has joined the cacophony of calls from legitimate placement agents to alter a proposed rule providing a blanket ban on soliciting government entities.
3 min read · 21 January 2013
In the year to the end of June, Virginia Retirement System’s real estate portfolio returned -28.3% compared to a 19.8% benchmark. The pension has lost $12.2bn in value in 12 months.
2 min read · 21 January 2013
The $200bn National Pension Service of Korea has mandated London-based Rockspring to buy London assets as part of a $3bn investment programme aimed the mature markets of London, New York and Sydney.
2 min read · 21 January 2013
Transaction volumes have started to pick up, but the bid-ask spreads aren't the only remaining stumbling block: GPs don't want to see their post-crash coming-out party ruined by a dumb deal, writes Zoe Hughes.
2 min read · 31 January 2013
The US bank is reportedly selling the Shama Xujiahui serviced apartment block, an asset Morgan Stanley bought in early 2007.
1 min read · 21 January 2013
Just $16.2bn has been raised for real estate opportunity funds worldwide in H1 2009, according to Probitas Partners. Much of the negative investor sentiment falls at the door of “legacy real estate funds”, says partner Kelly DePonte.
2 min read · 21 January 2013
The firm, backed by KKR, Five Mile and Goldman Sachs, has already agreed to sell its US mortgage business to Berkshire Hathaway and Leucadia National.
3 min read · 21 January 2013
The Los Angeles-based firm reportedly said it was looking to merge Japan Rental Housing Investments with other J-REITs. Oaktree said the industry was ripe for “consolidation", according to media reports.
2 min read · 21 January 2013
A European-listed fund managed by Denver-based ProLogis is altering its legal structure as a result of the credit crunch.
2 min read · 21 January 2013
With transaction volumes down 80% over the past year alone, Jones Lang LaSalle warns that US investor appetite would only start to return in mid-2010, and could take a generation to recover to the levels seen in 2007. However, foreign investors are starting to ramp up their strategies.
2 min read · 21 January 2013
