The roughly $108 million purchase is the latest transaction in a regional office acquisition spree by the Israeli investment firm. This marks the firm's first solo purchase in the US.
2 min read · 17 January 2013
The Sydney-based real estate fund manager continues to raise capital for its core-plus Australia funds as investors seek to take advantage of Australia’s lowered interest rate environment.
2 min read · 17 January 2013
The former deputy head of structured finance at AXA Investment Managers will replace Kiran Patel as global head of business development at AXA REIM. The focus of the role has been shifted to include corporate finance yet exclude research and strategy since Patel resigned in November.
2 min read · 17 January 2013
The recently formed boutique investment firm will invest in Chinese retail properties developed and anchored by supermarkets of Beijing conglomerate BHG.
2 min read · 17 January 2013
Nigel Doughty, the co-chairman and co-founder of UK-based private equity firm Doughty Hanson, has passed away unexpectedly at the age of 54.
2 min read · 17 January 2013
Starwood, the LeFrak Organization and Invesco have purchased the former Gansevoort Hotel and adjacent condominiums for nearly $324 million and plan to invest more than $100 million to renovate the property.
3 min read · 17 January 2013
New York's Apollo Global Real Estate Management has struck up a venture with Canada’s Ivanhoé Cambridge and prime central London residential property company Residential Land.
2 min read · 17 January 2013
The fund management arm of the London-based real estate firm has appointed William Donohue as part of its efforts to expand operations in North America. In addition, the firm has named Robert Kilroy managing director and head of separate accounts.
2 min read · 17 January 2013
Since taking the helm at CalPERS in early 2009, CIO Joseph Dear has made it clear he considers private equity a crucial part of its investment strategy. But things haven’t been business as usual: he’s taken fund managers to task over alignment of interest, led an overhaul of the pension’s allocation model, sorted out the aftermath of a ‘pay-to-play’ scandal and hired a veteran private equity chief. Amanda Janis stops by Dear’s office in Sacramento to learn how CalPERS continues to find value in private equity
10 min read · 17 January 2013
Barden Gale, chief executive officer of JER Partners, resigned from the firm at the end of December, leaving senior directors in charge. PERE Magazine, February 2012 issue
2 min read · 17 January 2013
