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
The real estate investment arm of the insurance giant has opened a second office in Brazil as it looks to the country's residential, industrial, retail and office markets.
2 min read · 18 January 2013
Former Prudential Real Estate Investors executive Robert Bilse has been appointed vice president of Brookfield’s private funds group, based in New York, supporting capital raising and marketing activities.
2 min read · 18 January 2013
Behind China, Brazil is now the most attractive emerging market for institutional investor capital, but some LPs are frustrated by the difficulty in deploying equity.
2 min read · 18 January 2013
The country´s infrastructure and complex tax system are preventing Brazil from attracting even more international equity, according to panelists at the annual ADIT conference.
2 min read · 18 January 2013
The Toronto-based fund manager has revealed plans for its most significant real estate capital raising effort since it attracted $5.5 billion for its Real Estate Turnaround Consortium. The fund is one of seven fundraising efforts with a combined total capital raising target of $7 billion.
2 min read · 18 January 2013
The Oregon Public Employee Retirement Fund has committed $100m to Vision Brazil's second real estate fund.
2 min read · 18 January 2013
The Chicago-based firm is looking to Brazil as it sources new deals in the homebuilding sector, as well as a potential investment with a local hospitality group.
2 min read · 18 January 2013
The firm's $1.8bn Global Opportunity Fund VIII is roughly 65 percent invested, paving the way for its next fundraise. Fund IX is expected to target a similar amount to its predecessor fund of roughly $2.5bn.
1 min read · 18 January 2013