The transaction is the $153.94 billion pension plan’s first major investment in the sector.
2 min read · 08 December 2016
The retired neurosurgeon’s lack of experience with housing policy was baffling to some, but an asset in the eyes of Avanath Capital’s founder.
3 min read · 08 December 2016
With the festive season bearing down on us, three recent surveys of institutional investors bring tidings of comfort and joy for general partners.
2 min read · 08 December 2016
The success of a $20 billion master-planned project by local property company Dubai Holding holds the key to institutional investment in the emirate, delegates at PERE’s second annual Growth Forum heard.
2 min read · 08 December 2016
The Chicago-based real estate investment manager has acquired the 69 Haussmann building on behalf of the open-ended 2007-vintage fund it co-manages with Aviva Investors.
2 min read · 08 December 2016
OPERF is ready for a $300m commitment to JP Morgan.
1 min read · 08 December 2016
The investment management firm is expecting to reach a second close on its maiden China real estate fund in the next two weeks.
2 min read · 08 December 2016
The firm's second multifamily vehicle is significantly larger than its $11 million predecessor.
2 min read · 07 December 2016
More than 200 delegates at the second annual PERE Growth Forum: Middle East & Africa heard how GCC private investors have evolved their thinking when investing in private real estate offshore.
2 min read · 07 December 2016
The Hamburg-based real estate investor has hired former Deutsche Bank managing director and Clifford Chance partner Jörn Stobbe as chief operating officer. The appointment, Union Investment said, completes the overhaul of the firm’s senior management team ahead of an anticipated real estate push next year.
2 min read · 07 December 2016