The $200bn National Pension Service of Korea has mandated London-based Rockspring to buy London assets as part of a $3bn investment programme aimed the mature markets of London, New York and Sydney.
2 min read · 21 January 2013
A European-listed fund managed by Denver-based ProLogis is altering its legal structure as a result of the credit crunch.
2 min read · 21 January 2013
The joint venture between Italy’s Pirelli Real Estate and New York-based Morgan Stanley Real Estate Investing has sold the Mercado shopping centre in Hamburg for €164 million to Union Investment, the German open-ended real estate fund manager.
1 min read · 21 January 2013
Having already corralled $4 billion of equity commitments for a global opportunity investing consortium, the Toronto-based firm has swollen its kitty by a further $1bn as two more investors sign up.
2 min read · 21 January 2013
The private equity firms have launched Italy’s largest LBO this year for Milan-listed ‘architectural envelope’ maker Permasteelisa.
1 min read · 21 January 2013
The veteran real estate investor has reportedly launched a $625m credit fund to target distressed real estate securities. The vehicle, Zell Credit Opportunity Fund, has raised $125m to date, according to regulatory filings.
2 min read · 21 January 2013
The Beijing-based insurance giant announced it would introduce plans to expand its investment horizon into alternative assets in October.
2 min read · 21 January 2013
The mega-firm has added on a 600,000-hectare cattle ranch in North Queensland to its Consolidated Pastoral platform in an all-equity deal worth A$48m.
1 min read · 21 January 2013
The London-based property fund manager is reportedly targeting the British real estate market with its UK Value Fund. The firm has raised £90m to date.
1 min read · 21 January 2013
Prudential Real Estate Investors has disposed of a 570,000-sq-ft office to US REIT KBS. It comes as the real estate investment firm also repaid $145m of a $616m credit facility with JV partner Kimco Realty.
2 min read · 21 January 2013
