RREEF can be added to the list of names of large, established managers who feel the time is not right to raise a global opportunistic fund amid investor uncertainty in the market.
2 min read · 21 January 2013
The New York-based property services firm has purchased asset manager Pacific Investment Corporation as it seeks to increase its range of services to the Japanese property market.
1 min read · 21 January 2013
The Bahrain-based investment manager has reported a loss of $780m for the year ended June 2009, a significant portion of which is attributable to a $350m writedown of its private equity and real estate investments.
2 min read · 21 January 2013
The CEE shopping centre developer, already listed in Vienna, is now trading in Amsterdam, a year after Citi Property Investors and Gazit-Globe invested €500m into the company.
2 min read · 21 January 2013
The ability of China’s largest city to become a major global fund formation centre hinges on the unpredictable attitude of central government, writes Andy Thomson.
2 min read · 21 January 2013
The Universities Superannuation Scheme, which manages capital on behalf of more than 360 universities in the UK, is buying a large warehouse portfolio previously under offer to New York-based Westbrook Partners.
1 min read · 21 January 2013
A US real estate fund managed by RREEF might receive an approach from San Francisco-based Stockbridge Capital Partners to take over the management of the vehicle. Meanwhile, two other RREEF-managed closed ended real estate funds are coming under pressure from stockholders.
4 min read · 21 January 2013
Canadian asset manager Brookfield, which last week announced the formation of a $4bn real estate investor club, says it has enhanced its capital raising team by hiring fundraising exectuives including three former Bear Stearns professionals.
2 min read · 21 January 2013
Research firm Reis has found rising vacancies will continue to depress prices in this sector.
2 min read · 21 January 2013
The Swiss-based alternatives firm which advises some of the largest investors in the world says only very few markets such as the UK have reached the ‘late downturn’ stage. The finding comes as Blackstone is tipped to buy a 50 percent stake in a London office complex for £150m.
2 min read · 21 January 2013
