Germany’s largest pension fund has topped up its commitment to a separate account with UBS’ real estate business by €250m.
2 min read · 19 September 2016
The Paris-based asset manager has increased its share in the international property platform La Francaise Forum Real Estate Partners from 66% to 85% as it seeks to increase the business’ exposure to European real estate.
2 min read · 19 September 2016
The fund management platform of Singapore-based Keppel Corporation and Keppel Land have jointly sold their entire stake in the Shanghai mixed-use development for $516.9m.
2 min read · 19 September 2016
The Bonn-based property company is reportedly choosing public over private capital for an exit of its office company OfficeFirst with Blackstone’s opportunistic funds set to miss out.
2 min read · 16 September 2016
The Canadian pension plan recently disclosed changes with two of the top executives in its real estate team.
3 min read · 16 September 2016
As average funds sizes decrease, so are fundraising periods.
1 min read · 16 September 2016
Listed private equity funds look like tempting targets for secondaries firms, but don’t expect a wave of consolidation.
3 min read · 16 September 2016
The real estate business of Swiss banking giant UBS has formally terminated its central London-focused value-add vehicle, CLOVA, after disposing of a City of London office asset. Portfolio manager Sam Sananes said the achieved internal rate of return (IRR) comfortably surpassed the original target return of 10 percent.
2 min read · 16 September 2016
The US’s largest public pension made a smaller commitment to the asset class than last year, when it allocated $6.3bn for the 2015-16 fiscal year.
3 min read · 15 September 2016
The London-based real estate investment and asset manager has followed the April hire of chief financial officer David Simmonds by promoting John Murnaghan, who has been head of UK asset management since August 2014, to head its UK operations.
2 min read · 15 September 2016
