The $19.5 billion pension fund has decided to pull its $100 million commitment to H/2 Capital’s core debt fund after the two parties failed to reach an agreement on contract terms.
2 min read · 17 January 2013
The Birmingham, Alabama-based investment management firm has purchased a four-strong industrial property portfolio and an office park from the UK REIT on behalf of its latest opportunistic fund and in tandem with 'institutional investors'.
2 min read · 17 January 2013
The $218 billion state pension system has invested $100 million in the North American real estate advisor, making it a one-third owner of the firm.
2 min read · 17 January 2013
Dallas-based LP Analyst will provide limited partners with a variety of consulting services focused on fund monitoring and portfolio evaluation. The firm will work with investors in private equity, real estate and distressed debt, among other asset classes.
2 min read · 17 January 2013
The specialist European retail private equity real estate firm has so far secured €130m of commitments as it seeks to raise its second fund.
2 min read · 17 January 2013
The $627bn sovereign wealth fund has merged its Real Estate Department and Infrastructure Department as it seeks to streamline functions.
2 min read · 17 January 2013
A Baltimore-based investment firm has raised $180 million to invest in wetlands restoration, a niche strategy that combines conservation with mid-teen return expectations.
4 min read · 17 January 2013
In entering the North America market, the Australia-based industrial property company will be partnering with California-based Birtcher Development and the Canadian Pension Plan Investment Board to develop and invest in logistics and industrial facilities across the region.
3 min read · 17 January 2013
Deutsche Bank’s aborted sale of RREEF and the other parts of its asset management arm was a bit of a waste of time.
3 min read · 17 January 2013
A venture between AREA and Vantage Properties has sold the Savoy Park apartment complex in Harlem to a fund created by Citigroup and L&M for $210 million.
2 min read · 17 January 2013