The Greenwich, Connecticut-based private equity real estate firm has invested $150 million in the logistics arm of Brazilian developer MRV Engenharia. The transaction represents the firm’s first major investment in Brazil since opening an acquisitions office there last year.
2 min read · 18 January 2013
In the wake of the merger between industrial giants ProLogis and AMB, Guy Jaquier, head of the combined entity’s private capital group, sees increased opportunities.
4 min read · 18 January 2013
The New York global asset manager has formed a strategic partnership with Driftwood focussed on acquiring and repositioning hotels across the US.
1 min read · 18 January 2013
A partnership between the $240bn pension system and the global real estate asset manager has generated a 60% IRR and $160m in profits. The fund closed after selling its office, residential and logistics projects in São Paulo, Rio de Janeiro and Curitiba.
2 min read · 18 January 2013
Former LaSalle executive Melissa Reagen will fill a new position to help research real estate data across the Americas in late July.
2 min read · 18 January 2013
The Brazilian fund manager has launched a follow-up to its opportunistic development vehicle. The firm hopes to raise $450 million for commercial and industrial project.
1 min read · 18 January 2013
The Los Angeles-based real estate fund manager has held a final closing on a $100 million Brazil sidecar to its Latin America fund, bringing its combined regional commitments to $554 million.
2 min read · 18 January 2013
Armed with a 'premier list' of real estate fund managers, the private markets team of the Teacher Retirement System of Texas, led by Steve LeBlanc, spoke about its vision for the portfolio and how it could be even tougher to get through its doors in the future.
10 min read · 18 January 2013
A poll of property brokers by Britain's RICS has concluded that the level of distressed property for sale listed on agents’ books in the first quarter of the year increased most in North America, Ireland, Spain and South Africa than in other markets.
2 min read · 18 January 2013
The $113bn pension has issued a request for proposal for a firm to run a sale of private equity and possibly real estate fund interests on the secondaries market. Proposals are due 21 June.
2 min read · 18 January 2013