Regions

Rockpoint names new co-CEOs

The top leadership change marks a major turning point for the Boston-based firm, which was founded more than 20 years ago.

CPP Investments seeds Canadian industrial JV with $727m commitment

The pension giant’s venture with Dream Industrial REIT comes seeded with a 3.6m-square-foot portfolio spanning Montreal, Toronto and Calgary.

Fortress’s Sloan: ‘Everyone stepped up’ after Pack’s passing

The New York-based manager’s global head of real estate says the firm still expects to double its AUM in the asset class over the next five years, despite the shocking death of co-CEO and former co-real estate head Joshua Pack.

Oxford Properties moves into US shopping centers in $250m deal

The Toronto-based investor’s head of US investments Ankit Bhatt calls the transaction ‘a foundation for growth in a new sector.’

Bain Capital, 11North raise $1.6bn for shopping center platform

The managers plan to raise additional capital for their venture focused on grocery-anchored assets in the US and Canada.

Mubadala backs Barings in $500m global property credit JV

Both the Abu Dhabi wealth fund and Barings’ parent MassMutual will contribute capital to a venture focused on US, Europe and Asia-Pacific debt opportunities.

NBIM’s desire for flexibility will be a boon for real estate fundraising

A strategy shift by Norway’s $2trn wealth fund portends a broader appetite for indirect property investing among top allocators.

NBIM unveils three-part plan to overhaul real estate strategy

The world’s largest sovereign wealth fund will target platform and fund investments, as well as private residential strategies, for the first time.

Blackstone, DivcoWest ink $2.3bn deal for Hawaii’s Alexander & Baldwin

The managers seek to take private one of the Aloha State’s largest and oldest landowners, with a portfolio of four million square feet across various sectors.

Sun Life’s private markets manager targets double AUM under Kalsi leadership

Private real estate veteran Sonny Kalsi is to lead a growth strategy for Sun Life Capital Management, which aims to see its assets under management double to $600bn within five years.