The firm's plans to focus on country-specific core funds in Asia going forward have led to it agreeing to sever ties with the Asia Property Fund. LaSalle launched the fund in 2007 alongside Prudential’s PRUPIM with an initial $600m of assets.
2 min read · 17 January 2013
Despite a greater shift toward core investments, investors said they were leaving the door open for opportunistic strategies in real estate, albeit with less of an appetite for leverage.
2 min read · 17 January 2013
After canvassing views from prospective investors, the Hong Kong-based firm has launched a China-focused vehicle similar to traditional private equity real estate funds, but allowing for a strategic review half-way through its investment period.
3 min read · 17 January 2013
The $80.4 billion pension plan has approved equity commitments to Principal Enterprise Capital and Aevitas Property Partners to help expand its investments in private real estate operating companies.
2 min read · 17 January 2013
Peakside Capital’s €261m European real estate opportunity fund, inherited as part of its spin out from Bank of America Merrill Lynch Global Principal Investments, is closer to being fully invested following the acquisition of the German headquarters building of chemical group Solvay.
2 min read · 17 January 2013
The Miller Group, the UK’s largest privately-held homebuilder, now 50 percent owned by The Blackstone Group, has appointed Phillip Bowman to be its next chairman.
2 min read · 17 January 2013
Two fund managers combine to pool distribution resources targeting Italian investors for international funds, and international investors for Italian funds.
2 min read · 17 January 2013
Increased construction, a growing economy and the impending closing of two funds focused on investments in Turkey point to a possible increased investor appetite within the market. However, it still has a long way to go before being the next Brazil.
3 min read · 17 January 2013
The Bethesda, Maryland-based real estate investment management firm has appointed Andrew Dietz as head of marketing and client service for institutional investors. Dietz joins ASB after serving as managing director at KBW and Eastdil Secured.
2 min read · 17 January 2013
The Greenwich, Connecticut-based private equity real estate firm has established a presence in Australia via the acquisition of a real estate funds platform and the hire of a team.
2 min read · 17 January 2013
