A new multi-billion dollar partnership between MetLife Real Estate Investors and Norges Bank Investment Management has made its first investment.
2 min read · 16 December 2013
The New York firm put equity of around $6.5 billion into its takeover of Hilton six years ago and its stake could be valued at $15 billion based on the floatation price of the company’s shares.
2 min read · 16 December 2013
The PERE Investor Sentiment Survey shows investors in the emerging markets increasing their allocations to private real estate in 2014
1 min read · 11 December 2013
The $176 billion pension plan made a strong return to funds during the third quarter, with property investments that were exclusively in non-core real estate.
3 min read · 11 December 2013
Stalwart of Pramerica Real Estate Investors, Philip Barrett, has been elevated to a global chief investment risk officer role after having been in charge of investments in Europe and Asia.
2 min read · 11 December 2013
St Martins, a property investment and asset management arm of the State of Kuwait, is said to have acquired London Bridge Holdings’ More London office complex in a jumbo, single-asset deal.
2 min read · 10 December 2013
The $10bn Russian government-backed Russian Direct Investment Fund is setting up a real estate team in preparation for a $1bn joint venture real estate platform with a Middle Eastern sovereign wealth fund.
2 min read · 10 December 2013
Polls open today for the 2013 Global PERE Awards. Now is the time for you, our expert readers, to determine which firms and individuals stood out from the crowd this past year.
3 min read · 06 December 2013
The New York firm has added some $.1.7 billion of commitments since holding a first close in September for Blackstone Real Estate Partners (BREP) Europe IV.
2 min read · 04 December 2013
In an extension of its partnership with Royal property company The Crown Estate, Norges Bank Investment Management has made a second, £97.5m investment in London’s world famous retail street.
1 min read · 03 December 2013
