The New York-based firm, best known for owning a stake in the Chrysler building, has launched a fund with a $750 million final target. If achieved, it would be its biggest to date.
2 min read · 17 January 2013
New Jersey’s $350 million commitment represents the first major investment by a US pension plan in TPG’s growing real estate business.
3 min read · 17 January 2013
The real estate arm of Caisse de dépôt et placement du Quebec has invested in two multifamily assets in the region totalling $234 million.
2 min read · 17 January 2013
The global real estate investment manager has filled its leadership void with a trio formerly with DTZ Investment Management led by 23-year industry veteran David Schaefer.
2 min read · 17 January 2013
Private equity and real estate firms are asking limited partners for terms that would allow for the renegotiation of fund agreements in the event carry’s tax treatment changes.
3 min read · 17 January 2013
The deal marks the Norwegian sovereign wealth fund manager’s first German property investment and the third that it has made in conjunction with AXA’s real estate investment arm in the past 15 months.
2 min read · 17 January 2013
The Asia- and Europe-focused private equity real estate firm has downsized its Japanese division by nine as it seeks to redeploy and grow its presence in Australia and China.
3 min read · 17 January 2013
The London-based private equity real estate firm held a first close on Friday, raising between €150m and €170m of equity, PERE has learned.
2 min read · 17 January 2013
The New York-based firms have hit the market with their fifth offering in the RCG Longview Debt Fund series. Early investors include the Pennsylvania Public School Employees’ Retirement System, which recently committed $75 million.
2 min read · 17 January 2013
The writing is on the wall for a long hold of the 1.5 million square foot shopping centre in Sheffield as fund steward NBIM declares its intention of realising its ‘long-term potential’.
2 min read · 17 January 2013
