The $9.9 billion pension plan expects to commit $505 million to private real estate over the next four years, the majority of which is projected to go to opportunistic strategies.
2 min read · 27 August 2013
The Chicago-based private equity real estate firm has named Tom Heneghan, former chief executive of Equity LifeStyle Properties, to fill the position vacated by co-founder and former CEO Gary Garrabrant last fall.
2 min read · 27 August 2013
The $21 billion state workers compensation program has made its first value-added real estate investment for its portfolio as part of its plan to commit $50 million each to eight non-core real estate funds over the next three years.
2 min read · 27 August 2013
Pension funds have been ramping up exposure to alternatives – with some of the world’s largest pension markets recording a rise in average allocations to 19 percent from 5 percent. Consultancy Towers Watson is ‘confident’ the numbers will keep rising.
2 min read · 27 August 2013
The Dallas-based firm reportedly is closing in on a package of residential loans being sold by Banco Bilbao Vizcaya Argentaria, at a discount of close to 70 percent.
2 min read · 27 August 2013
With just over one week before voting closes, time is running out for you to decide on the best performers in real estate in 2012. Your vote is particularly crucial in several races that are extremely tight.
2 min read · 27 August 2013
Jones Lang LaSalle expects direct cross border transactions to rise significantly thanks in particular to striking growth in the savings industry of developing countries.
2 min read · 27 August 2013
The country is the top destination for foreign capital investing in real estate, as many overseas investors plan to increase their property holdings in the market in the coming year.
2 min read · 27 August 2013
The steward of the $172.4 billion Canada Pension Plan will jointly own the Kista Galleria Shopping Centre in Stockholm in its first real estate investment in the Nordic region.
2 min read · 27 August 2013
The co-head of Morgan Stanley AIP’s real estate fund of funds group says a lack of liquidity in the market is increasing the number of opportunities for co-investments in the US and the UK.
2 min read · 15 January 2013
