The private equity real estate investment arm of Bogota-based property developer Terranum has completed fundraising for its first investment vehicle, which will pursue residential and retail projects in Peru, Colombia and Mexico.
2 min read · 28 August 2013
Toronto and New York-based Brookfield Asset Management has led a group of institutional investors via its global opportunistic fund to take over EZW Gazeley, the owner of 5.64 million square feet of logistics property in Europe.
3 min read · 28 August 2013
The New York-based global asset manager, along with partner Pátria Investimentos, beat out a number of private equity real estate firms to acquire a 70 percent ownership interest in Gafisa’s Alphaville business.
2 min read · 28 August 2013
A growing direct real estate portfolio in Brazil is a major reason that Singapore’s sovereign wealth fund has decided to establish its first Latin American location, for which it recently hired initial property staff.
3 min read · 28 August 2013
The €50 million contribution to Perella Weinberg Real Estate Fund II marks the $15.9 billion state endowment’s first contribution to a pure Europe-focused real estate vehicle.
2 min read · 28 August 2013
The largest country in Latin America has become a much costlier place to do business than the US’ neighbor to the south, but the high costs still offer a major benefit to investing in Brazil.
4 min read · 28 August 2013
Terrafina, the Mexican REIT managed by Prudential Real Estate Investors, will become the largest Mexican industrial real estate owner after it completes the acquisition from Kimco Realty and American Industries.
2 min read · 28 August 2013
The real estate arm of the Ontario Teachers’ Pension Plan will invest $150 million in Terranum Corporate Properties, one of the portfolio companies of Equity International.
2 min read · 28 August 2013
Mirae Asset Global Investments has purchased 225 West Wacker Drive for $218 million from a consortium that includes JPMorgan, Hines and CalPERS.
1 min read · 28 August 2013
In its 2012 annual report, the C$176.2 billion pension system stated that it has established a new investment strategy that included increasing its investments in real estate “in the years to come.”
2 min read · 28 August 2013