The Canadian pension plan is injecting A$1bn into a landmark office scheme in Sydney, Australia. The investment is not only the first direct office investment CPPIB has made in Australia to date, but also is the biggest single real estate asset investment it has made anywhere in the world.
2 min read · 17 January 2013
ImmoFinRE Group has held a final close of ImmoFinRE II and has already made nine investments so far in funds targeting Latin America, China, Macau, India, Canada and Turkey.
2 min read · 17 January 2013
A group comprising SP Setia, Sime Darby and the Employees’ Pension Fund of Malaysia have exchanged contracts to buy the iconic London property from receivers.
2 min read · 17 January 2013
The endowment’s $75 million allocation to The Blackstone Group is the initial capital outlay of approximately $225 million in non-core commitments that the state is expected to make this year.
3 min read · 17 January 2013
A Baltimore-based investment firm has raised $180 million to invest in wetlands restoration, a niche strategy that combines conservation with mid-teen return expectations.
4 min read · 17 January 2013
The $51 billion pension plan has resolved to contribute to the Toronto-based firm’s first global opportunistic real estate fund, Brookfield Strategic Real Estate Partners, which already has held a first close on $2.1 billion.
2 min read · 17 January 2013
Amid plenty of doom and gloom, there were some rays of light to encourage delegates of the PERE Summit: Europe to think positively about the region.
3 min read · 17 January 2013
The $13.6 billion pension plan is looking to invest up to 70% of its real estate investments in stable, income-producing properties.
1 min read · 17 January 2013
The Miami-based real estate firm’s latest commingled vehicle closed on $76 million to develop middle-income residential development projects in Brazil, Colombia, Mexico, Panama, Peru and Uruguay. The value-added vehicle already is 50% committed to projects.
2 min read · 17 January 2013
The $13.6 billion Los Angeles Fire and Police Pensions is joining other US plans in weighting its real estate allocation more towards stable, income-producing properties. PERE Magazine, June 2012 issue
2 min read · 17 January 2013
