The Toronto-based fund manager is expected to launch its third residential vehicle this summer, targeting multifamily investments in key Canadian cities.
1 min read · 21 January 2013
The investment banking model has come under scrutiny in recent times. Listen to Nori Gerardo Lietz, chief private real estate strategist at Partners Group, as she shares her views on the subject with Morgan Stanley special advisor, John Carrafiell, at PERE Forum Europe 2009.
1 min read · 21 January 2013
The manager of an open-ended opportunity fund says a growing number of property developers are facing funding problems on new projects because their banks are freezing lending until they can demonstrate a certain level of off-plan sales.
1 min read · 21 January 2013
The European Bank for Reconstruction and Development (EBRD) has proposed a €75 million commitment to Chicago-based Heitman’s European Property Partners IV fund. The vehicle is targeting €600m of equity by its final close in September.
1 min read · 21 January 2013
US pension fund Maine PERS has called in outside help to invest the remaining 5 percent of its targeted allocation to real estate. According to reports, this could lead to expanding the pension fund’s investment horizon from core style investing to opportunistic.
1 min read · 21 January 2013
Hypo Real Estate Group, the newly-nationalised German bank, said today it is examining ways of separating its problem loans into a ‘wind down’ bank. The lender is also reducing its global headcount by 1,000.
1 min read · 21 January 2013
AiM-listed Hansteen Holdings has become the latest name to try luring more equity through the issue of shares. The firm believes now is the time to execute industrial property deals at “double digit” yields.
2 min read · 21 January 2013
The Irvine, California-based real estate investment firm is focusing its latest value-added and core-plus vehicle on US office and industrial assets.
1 min read · 21 January 2013
Prudential Real Estate Investors is raising its fourth vehicle in the PLA Residential fund series, which have previously targeted Latin America. It comes as the PLA Fund III (Chile) fund buys an 18% stake in Chilean developer Paz Corp.
1 min read · 21 January 2013
Korea Investment Corporation has signed memorandums of understanding with Australia’s QIC and Malaysia’s Khazanah Nasional to jointly explore investment opportunities.
2 min read · 21 January 2013
