The Miami-based firm already has invested nearly half of its latest value-added vehicle, which gives it about $1 billion in buying power for distressed office assets.
2 min read · 17 January 2013
Susan Lloyd-Hurwitz, LaSalle Investment Management’s European MD, is to become CEO and MD of Sydney-based developer and investor Mirvac Group. She replaces current CEO Nick Collinshaw.
2 min read · 17 January 2013
The $23.1 billion pension system is eyeing an expansion into real estate debt and plans to hire one or more managers to oversee a $200 million mandate.
2 min read · 17 January 2013
The purchase marks the first investment made on behalf of the partnership, which recently was established to target €2 billion in European real estate loans.
2 min read · 17 January 2013
A joint venture between Johannesburg-based Rand Merchant Bank and Westport Property Group has enjoyed capital raising success for its first real estate opportunity fund.
2 min read · 17 January 2013
The London-based private equity real estate firm is due to complete the first round of fundraising next month for its latest Europe-focused real estate investment vehicle, which is seeking to raise €750 million in capital.
3 min read · 17 January 2013
The value of real estate assets at Canada’s largest public pension has risen to C$17.7bn from C$12.6bn in the year to June 30, showing the rapid pace with which it has been investing in the sector.
2 min read · 17 January 2013
A long-time New York real estate operator is pondering the launch of its first commingled investment fund. The wisdom of testing new waters during the current fundraising environment, however, is debatable.
3 min read · 17 January 2013
The $13.4 billion pension system plans to allocate $275 million to real estate annually over the next five fiscal years, up from $195.6 million this past fiscal year.
2 min read · 17 January 2013
The way hurdle rates work may compel GPs to push for exits in a way that is not in the best interests of the fund, a study suggests.
3 min read · 17 January 2013
