The $22.1bn state investment fund commences partnership with KKR.
1 min read · 29 November 2017
In an unusual real estate secondaries deal that one executive called a ‘no-brainer,’ the $8.6bn pension system is trading six assets for a $250m interest in an open-ended fund.
3 min read · 29 November 2017
Many factors govern a secondaries deal, but chronology is often overlooked. Editor of PERE’s sister title Secondaries Investor Adam Le considers the implications
4 min read · 29 November 2017
Phoenix Property Investors has exited its investment in Enterprise Square III for around $171 million, generating a gross post-tax IRR of 50 percent. The sale marks the seventh exit from Phoenix Asia Real Estate Investments V, which the firm closed on $750 million at the end of 2013. The firm has made 19 investments so […]
2 min read · 29 November 2017
The pension is also planning to diversify its real estate portfolio into core and core-plus strategies in North American and European cities for higher yields
1 min read · 29 November 2017
The US real estate investment firm closed its eighth U.S. value-added fund to continue the “cycle-aware” strategy.
1 min read · 29 November 2017
The Los Angeles-based firm’s eighth vehicle in the fund series is nearly 60% deployed.
2 min read · 28 November 2017
The Massachusetts pension fund seeks advice for its investment needs.
1 min read · 28 November 2017
The real estate platform of Canadian pension fund manager Caisse de dépôt et placement du Québec has joined an existing JV to fund the development of logistics properties in the UK.
2 min read · 27 November 2017
Around half of property executives polled remain skeptical of the benefits of emerging technologies such as artificial intelligence and augmented or virtual reality, according to the Altus Group.
1 min read · 27 November 2017