The State Administration of Foreign Exchange (SAFE), which manages more than $3 trillion of China’s foreign exchange reserves, is helping Blackstone towards its $13 billion hard cap for its latest real estate opportunity fund.
2 min read · 17 January 2013
The former Tishman Speyer and Westbrook executive passed away after a battle with cancer.
2 min read · 17 January 2013
The $69.42 billion pension plan has committed $200 million to a new real estate separate account with Och-Ziff Capital Management and also plans to allocate up to $120 million to SC Management’s latest Asia real estate fund.
3 min read · 17 January 2013
Jones Lang LaSalle’s Asia-Pacific real estate secondaries trading platform launched this week is more the equivalent of an old-fashioned lonely hearts column than a modern Internet dating site. Nonetheless, it is a much needed step towards market sophistication in the region.
2 min read · 17 January 2013
The Hartford, Connecticut real estate investment manager has provided an £83 million loan to a public London property company as its senior UK lending programme gets under way.
2 min read · 17 January 2013
The São Paulo-based alternative investment management firm has raised nearly R$200 million in equity for its second real estate development fund, which will invest in residential and office projects in Brazil.
2 min read · 17 January 2013
The Government of Singapore Investment Corporation has stockpiled cash during the year to 31 March as it awaits better investing conditions. Adopting a cautious outlook, the sovereign wealth fund nonetheless increased its allocation to alternative assets by 1 percent.
3 min read · 17 January 2013
Hearthstone Investments has agreed to buy a portfolio of show homes from Britain’s biggest housebuilder, Barratt Developments, for its new UK Residential Property Fund. The firm’s chief executive says the fund will ‘fundamentally change’ the way the UK invests in residential property.
3 min read · 17 January 2013
The real estate investment business of Deutsche Bank Asset Management has made an investment in 717 Fifth Avenue on behalf of a German institutional investor.
2 min read · 17 January 2013
The real estate investment management arm of Prudential Financial has won a competitive tender for a mandate to manage the UK retailer’s existing property investments and to grow it further.
1 min read · 17 January 2013
