The Boston-based private real estate firm has agreed to sell the entire portfolio of its third property fund to Liberty Property Trust for $1.475 billion.
1 min read · 04 September 2013
Eric Adler’s meteoric rise in private equity real estate continues as he is named CEO of the $37 billion real estate investment manager a little more than three years after joining.
2 min read · 04 September 2013
The C$183.3 billion pension plan has agreed to acquire a minority interest in Aliansce Shopping Centers, in a deal that will see General Growth Properties largely exit its investments in Brazil.
3 min read · 28 August 2013
In the effort to improve returns, the Chinese sovereign wealth fund sharply increased its allocation to 'long-term investments', including real estate.
2 min read · 28 August 2013
The London based charity, which has tended towards making direct property investments since 2008, has formed a joint venture to develop sites in the UK.
2 min read · 28 August 2013
The New York-based private equity firm has now raised half of the target capital for its debut property fund. The firm also has invested an additional $250 million for “new strategic initiatives” within real estate.
3 min read · 28 August 2013
Now that Brookfield has finished raising its first global real estate opportunity fund, the firm’s next challenge will be following through on its investment strategy.
3 min read · 28 August 2013
Perella Weinberg has closed its second pan-European fund with total equity commitments of more than €1.3 billion, making it the largest equity haul for a pan-European opportunistic real estate fund since Blackstone closed its Europe-focused fund in June 2009.
3 min read · 28 August 2013
The two firms have leveraged their existing relationship to create a dedicated platform focused on US real estate debt and have hired Jeffrey Fastov to lead the initiative.
3 min read · 28 August 2013
The New York-based firm has appointed a former head of real estate at UK insurance company, Prudential, as a senior advisor on UK and European investments.
3 min read · 28 August 2013