MetLife Real Estate Investors expects to hold an initial close by the end of this month for its premiere vehicle, the open-ended Core Property Fund.
2 min read · 10 December 2013
The $176 billion pension plan made a strong return to funds during the third quarter, with property investments that were exclusively in non-core real estate.
3 min read · 11 December 2013
The private equity real estate business founded by Rachel Renucci-Tan has been mandated by Shui On Land for a second time to manage its joint venture in the turbulent Trophy Property Development fund.
3 min read · 11 December 2013
The $49.3 billion Pennsylvania Public Employees Retirement System has approved three new investments in opportunistic and value-added funds.
2 min read · 11 December 2013
Stalwart of Pramerica Real Estate Investors, Philip Barrett, has been elevated to a global chief investment risk officer role after having been in charge of investments in Europe and Asia.
2 min read · 11 December 2013
The New York-based firm has made its third real estate outlay in China this year, intending to develop a residential-led mixed-used property in Ningbo.
2 min read · 11 December 2013
James Stolpestad has left his position as the head of the New York-based property arm of the German insurer after more than three and a half years at the firm.
2 min read · 10 December 2013
The London-based bank has executed three separate deals with Cerberus Capital Management and Apollo Global Management in the space of a week.
2 min read · 10 December 2013
St Martins, a property investment and asset management arm of the State of Kuwait, is said to have acquired London Bridge Holdings’ More London office complex in a jumbo, single-asset deal.
2 min read · 10 December 2013
The $10bn Russian government-backed Russian Direct Investment Fund is setting up a real estate team in preparation for a $1bn joint venture real estate platform with a Middle Eastern sovereign wealth fund.
2 min read · 10 December 2013
