The $12 billion pension system has agreed to contribute $35 million to Rockwood Capital Real Estate Partners IX.
2 min read · 17 January 2013
The Sunshine State has made its second real estate commitment of 2012 to the Boston-based private equity real estate firm’s current opportunistic fund – part of a larger push to invest up to $1 billion in real estate over the next three years.
2 min read · 17 January 2013
Aviva Investors and Secured Capital Investment Management have revealed details of a second close for their Tokyo Recovery Fund vehicle.
2 min read · 17 January 2013
The New York-based developer and fund manager is said to be using a placement agent for the first time to help raise capital for its US real estate fund.
2 min read · 17 January 2013
China’s retail markets have become oversupplied with more than 24 million square metres of shopping malls alone in China and another 18 million square meters in the pipeline.
2 min read · 17 January 2013
Senior portfolio manager Anne Simpson is expected to voice CalPERS’ support for the rule, which limits banks’ ability to participate in private equity and real estate funds.
2 min read · 17 January 2013
The Canadian pension plan is injecting A$1bn into a landmark office scheme in Sydney, Australia. The investment is not only the first direct office investment CPPIB has made in Australia to date, but also is the biggest single real estate asset investment it has made anywhere in the world.
2 min read · 17 January 2013
Following its JV with AXA REIM, Norges Bank Investment Management has formed a similar partnership with Generali whereby it has agreed to buy a 50% stake in five Paris properties from the Italian insurer for €275m.
2 min read · 17 January 2013
The Beverly Hills-based global real estate firm has teamed up with Deutsche Bank to target commercial and residential real estate loans in Europe with a focus on the UK and Ireland.
2 min read · 17 January 2013
This week milestones were reached for the London skyline as the Shard – Western Europe’s tallest tower – was inaugurated and Battersea Power Station was sold once again.
4 min read · 17 January 2013
