The Toronto-based manager has invested just 30% of its $5.5bn Real Estate Turnaround Consortium, committing $1.6bn into the GGP recapitalisation. Brookfield, which has another $3.1bn of infrastructure dry powder, is planning to launch seven funds in the next 18 months eyeing $4bn of public and private equity.
2 min read · 18 January 2013
The Swiss investor has closed Partners Group Global Infrastructure 2009 with commitments from pensions, insurers and endowments, among others. The vehicle already counts 17 investments in its portfolio.
2 min read · 18 January 2013
The San Francisco-based logistics developer and fund manager will invest $88m into the venture with HIP China Logistics, a specially created entity backed by international capital.
2 min read · 18 January 2013
Land and property prices continue to rise in Brazil’s two largest cities, São Paulo and Rio de Janeiro, but local GPs and industry groups say fears of a bubble are overblown with the country “buying for growth”.
2 min read · 18 January 2013
After allocating $75m to three Brazil GPs, the real estate equity investment arm of the US insurance group is considering investments in the Asia-Pacific region, possibly India, as it seeks to create a global property portfolio.
1 min read · 18 January 2013
Allianz will commit €400m to the venture – it’s largest industrial JV ever – as it looks to target logistics deals in the Eurozone.
2 min read · 18 January 2013
Last year was a year of transition, as many firms and individuals struggled to adjust to the new realities of the global real estate markets. It was enough to make even some of the biggest players in the industry throw up their hands in defeat. Yet, for those with savvy and discipline, 2010 proved to be a year of opportunity. So, which firms, individuals and deals stood out from the crowd in North America in 2010? PERE Awards supplement March 2011.
10 min read · 18 January 2013
Starwood Capital Group was victorious three times in the 2010 Global PERE Awards, capping off an extraordinary year for the Greenwich, Connecticut-based firm. Other notable victories were achieved by Blackstone, Carlyle and Harvest Capital Partners.
3 min read · 18 January 2013
The $14bn oil and gas endowment has been slowly getting back into private equity investing after a placement agent scandal left its programme in limbo.
2 min read · 18 January 2013
The sixth Brazilian investment by Chicago-based real estate investment business led by Sam Zell and Gary Garrabrant is also its first in the country’s self-storage sector
2 min read · 18 January 2013
