India’s largest public company has partnered with the New York-based real estate investment firm to acquire retail shopping centers across India.
1 min read · 22 January 2013
A consortium headed by the Qatari Investment Authority is reportedly finalizing a deal to acquire the UK property outsourcing business Trillium from Land Securities.
1 min read · 22 January 2013
Increased commitments at Morgan Stanley Real Estate is the reason given for the retirements of Gabriela Gryger and Gavin MacDonald from the board of Songbird Estates, the consortium that majority owns Canary Wharf in London.
1 min read · 22 January 2013
Following its massive investment in Macau casino and hotel operator Galaxy, the firm has hired a former Goldman banker in its recently established Hong Kong office to lead its efforts in Greater China.
2 min read · 22 January 2013
The Canadian pension bucks the loss-making trend among North American pension funds returning one percent on its investments in the three months to June this year. The pension’s real estate allocation now stands at 5.6%, or $7.2bn. Infrastructure makes up 2.6%, or $3.3bn, of its portfolio.
2 min read · 22 January 2013
The $2.7bn Fresno County Employees’ Retirement Association has increased its exposure to private equity and real estate while launching a new ‘real asset’ allocation, which includes infrastructure.
2 min read · 22 January 2013
The real estate investment arm of Prudential Financial is teaming up with investment and development company L&L Holdings to target office buildings in the New York City metro area. The firms argue ‘softening’ prices are generating unique opportunities.
2 min read · 22 January 2013
The $127bn pension fund saw its real estate investments return just 8.7% in the year to June 30, 2008 – against a benchmark of more than 10%. Despite its underperformance, real estate remained the strongest asset class for the pension during turbulent market conditions.
2 min read · 22 January 2013
The $2.7bn Fresno County Employees’ Retirement Association has increased its exposure to real estate and private equity while launching a new ‘real asset’ allocation, which includes infrastructure.
1 min read · 22 January 2013
The Belgian financial group will have $1bn in spending power for the Japanese office, retail and industrial markets.
1 min read · 22 January 2013