The Zug-based private markets investment firm described in its latest research how it is placing its current real estate investing emphasis on investments in debt and secondaries, both direct and indirect, as it avoids a “herding mentality”.
2 min read · 17 January 2013
The real estate arm of Caisse de dépôt et placement du Québec has made a majority investment in a shopping centre in suburban São Paulo, shortly after buying out JV partner Commerz Real in the ownership of four Canadian malls.
3 min read · 17 January 2013
The São Paulo-based alternative investment management firm has raised nearly R$200 million in equity for its second real estate development fund, which will invest in residential and office projects in Brazil.
2 min read · 17 January 2013
The acquisition of Verde Realty, a Houston-based real estate investment trust, is on track to be one of the first investments made by the Toronto-based alternative asset manager’s global real estate fund.
2 min read · 17 January 2013
LaSalle Investment Management is currently searching for a new chief executive officer in the Americas after Schaff’s decision to step down. Internal and external candidates are being considered during a lengthy transition period.
2 min read · 17 January 2013
Alfonso Munk, who previously led Morgan Stanley’s real estate investing activities in southern Europe, has joined the real estate investment management business of New Jersey-based Prudential Financial as chief investment officer of its Latin America operations.
2 min read · 17 January 2013
Prudential’s real estate investment arm has sold its majority interest in a portfolio of 36 self-storage properties to Extra Space Storage for about $300 million.
1 min read · 17 January 2013
The $12 billion pension system has agreed to contribute $35 million to Rockwood Capital Real Estate Partners IX.
2 min read · 17 January 2013
The Sunshine State has made its second real estate commitment of 2012 to the Boston-based private equity real estate firm’s current opportunistic fund – part of a larger push to invest up to $1 billion in real estate over the next three years.
2 min read · 17 January 2013
The New York-based developer and fund manager is said to be using a placement agent for the first time to help raise capital for its US real estate fund.
2 min read · 17 January 2013