Australia’s A$69bn Future Fund has continued to grow its real estate exposure, reporting increased assets of 1.2 percent to A$3.4 billion from the six months to 30 September. According to the fund’s annual report released today further increases to real estate and other “tangibles” are planned.
2 min read · 24 January 2013
London-based Europa Capital Partners and Sydney-based REIT, Goodman Group, are to scout land to develop distribution facilities and logistics property across the UK.
1 min read · 24 January 2013
The London-based firm, which recently raised £500m for its second UK fund, says its non executive chairman Tony Edgley is joining as full-time partner.
2 min read · 24 January 2013
The State Investment Council last week preliminarily approved increasing its alternatives allocation including real estate, and made its first private equity-like commitment since early 2009.
2 min read · 24 January 2013
Switzerland-based alternative investment firm, Capital Dynamics is to increase its exposure to real estate following the hire of Matthias Sturmer, the former co-owner of Pacific Star Europe, the Munich arm of Singapore-based Pacific Star, which has subsequently been wound up.
3 min read · 24 January 2013
After initially approaching Brit Insurance in June, Apollo has agreed a takeover deal with the board of the company by joining forces with CVC.
2 min read · 24 January 2013
The European Parliament and Council have reached agreement on the final text of the long anticipated Alternative Investment Fund Managers directive.
3 min read · 24 January 2013
The London-based private equity real estate firm has acquired the Burlington Arcade in London in an 80:20 joint venture with US private property investment firm, Thor Equities.
2 min read · 24 January 2013
The Los Angeles-based real estate investment management firm appoints Tim Munn as senior director in its UK Managed Accounts business and Giles Watson as European head of investment reporting.
1 min read · 24 January 2013
Land Securities, the UK’s largest real estate developer, and Canary Wharf Group, owner of assets in Canary Wharf, today announced a joint venture to build a 690,000 square foot office in the City of London. The Financial Times reported the building would be backed by sovereign wealth from China Investment Council and Qatar Holdings.
2 min read · 24 January 2013
