The C$183.3 billion pension plan has agreed to acquire a minority interest in Aliansce Shopping Centers, in a deal that will see General Growth Properties largely exit its investments in Brazil.
3 min read · 28 August 2013
Perella Weinberg has closed its second pan-European fund with total equity commitments of more than €1.3 billion, making it the largest equity haul for a pan-European opportunistic real estate fund since Blackstone closed its Europe-focused fund in June 2009.
3 min read · 28 August 2013
The New York-based private equity and real estate giant is shifting away from a heavy US focus and pursuing more real estate opportunities in Europe, Asia and Latin America. The firm also held a final close for its latest real estate debt fund.
3 min read · 28 August 2013
The Chicago-based real estate investment firm has closed Harrison Street Real Estate Partners IV with $750 million in commitments, exceeding its original target of $600 million.
2 min read · 28 August 2013
The $75.64 billion pension system disclosed the names of all 25 fund interests in its massive real estate secondaries offering yesterday. It also committed $185 million to Prologis’ second open-ended core fund focused on Europe.
4 min read · 28 August 2013
The Singapore-listed logistics real estate developer has just signed a deal with BMW to develop an 807,000-square-foot distribution center in Shanghai for the car company.
2 min read · 28 August 2013
The Singaporean sovereign wealth fund is strengthening its presence in the West amid expectations of higher interest rates and slower growth in Asia.
2 min read · 28 August 2013
Jonah Sonnenborn has left the New York-based private equity real estate firm and now will be in charge of making property investments on behalf of one of the world’s wealthiest billionaires.
2 min read · 28 August 2013
The country is the most sought-after Latin American real estate market for corporations seeking a more cost-effective alternative to Brazil, according to a new report from Cushman & Wakefield.
3 min read · 28 August 2013
Distressed opportunities, such as the sale of a majority stake in a Brazilian developer, are starting to surface in Latin America, though investors aren’t exactly running over. PERE Magazine, July/August 2013 issue
2 min read · 28 August 2013
