The Texas-based company, which manages a number of closed-ended funds and joint ventures, says it will target $3.5bn from individual investors in the initial public offering of Hines Global REIT. The firms says it will have the advantage of tenure and expertise in developed markets as well as in emerging markets.
1 min read · 21 January 2013
The Canadian pension CPPIB has teamed up with GIC Real Estate and a local property company to target Brazilian real estate.
2 min read · 21 January 2013
The McLean, Virginia-based firm said it was ceasing its investment activities in Latin America owing to market conditions. It is working with investors to wind down the regional platform.
2 min read · 21 January 2013
The Chicago-based private equity real estate firm is reportedly considering launching a financing company in Brazil to provide capital to real estate developers and investors.
2 min read · 21 January 2013
The McLean, Virginia-based firm is immediately closing its Latin America fund and operations.
2 min read · 21 January 2013
Placement agents have formed a loose coalition in the US, as the SEC considers barring state pensions from interacting with them.
4 min read · 21 January 2013
The Chicago-based private equity real estate firm has sold 82m shares in Parque Arauco for $65m. Equity International originally paid $50m almost two years ago for a roughly 13% stake in the shopping mall developer.
1 min read · 21 January 2013
One month after China’s government lifted a moratorium on mainland initial public offerings, state-controlled China State Construction and Engineering Corporation is preparing a flotation worth $5.9 billion.
1 min read · 21 January 2013
The real estate investment arm of Prudential has formed a 10-year joint venture with the development company Corporación GEO targeting low-income housing.
1 min read · 21 January 2013
James Green has left the McLean, Virginia-based firm where he was managing director and co-global head of capital markets and client relations.
2 min read · 21 January 2013
