The US investment and asset management firm will add 64 investors to the BlackRock UK Property Fund by merging it with the RREEF UK Retail, Office and Industrial Property Funds.
2 min read · 15 January 2013
A consortium including Toronto-based KingSett Capital and the Ontario Pension Board has offered to buy the Canadian shopping centre REIT for $26 per share. Primaris is calling the offer “unsolicited” and “inadequate” and urging shareholders not to sell.
2 min read · 15 January 2013
The firm originally launched as the Nordic investment partner to global heavyweights The Blackstone Group and ING Real Estate Investment Management, has held a second close for its AREIM Fund II thanks to a €75m commitment from German insurance giant Allianz.
2 min read · 15 January 2013
The $19.3 billion pension plan projects that its portfolio in the asset class will more than triple in value by the end of 2013.
2 min read · 15 January 2013
The Johannesburg-based private equity real estate firm has added sub-Saharan countries Botswana, Ghana, Mauritius, Namibia and Zambia to its target list of countries for its second fund.
2 min read · 15 January 2013
The Pfaeffikon, Switzerland-based global alternative investment manager has entered the real estate business with its acquisition of the New York-based real estate investment and advisory firm.
2 min read · 15 January 2013
The UK-based firm has bought two assets in affluent Chelsea, west London, for its Prime London Residential Development Fund, which seeks to deliver returns of as much as 20 percent.
2 min read · 15 January 2013
The former head of research and investment strategy at Clarion Partners has forged out on his own to raise a multi-asset strategy fund. He also is authoring a new book about investing in real estate.
3 min read · 15 January 2013
In partnership with Clal Insurance and Image Capital, the Norfolk, Virginia-based private equity real estate firm has purchased the office tower at One South Wacker from TIAA-CREF.
2 min read · 15 January 2013
CBRE Strategic Partners US Value 6 has closed on $1.1 billion in equity commitments from 22 investors, exceeding its $750 million target.
2 min read · 15 January 2013
