The largest US pension plan has approved a two percent increase to its real estate allocation, upping its target for the asset class to 11 percent.
2 min read · 20 February 2014
PCCP believes the US is poised for another wave of distress, but the market has heard such predictions before.
3 min read · 21 February 2014
Large equity commitments by western investors including LACERA and CALSTRS into Invesco’s Real Estate Asia Fund in an early wave of institutional support for lower-risk/return private real estate strategies in the region.
2 min read · 21 February 2014
The Miami-based real estate investment firm also has hired a senior portfolio manager from ADIA and created a new vice chairman role.
2 min read · 20 February 2014
The San Francisco-based investment manager has held a final close for its first commingled real estate fund.
2 min read · 20 February 2014
The largest US pension plan has approved a $1 billion increase to its annual dollar hard cap for new real estate investments.
2 min read · 18 February 2014
The Fort Worth-based firm is said to have launched TPG Real Estate II with a target as high as $2 billion for its first ‘multi-investor’ property fund
2 min read · 19 February 2014
The Los Angeles-based investment manager has held a final close on its latest global real estate fund and is expected to raise up to $1 billion for its real estate debt fund by mid-year.
3 min read · 18 February 2014
Australian company UGL says it will evaluate unsolicited ‘third party’ interest in its global property services firm, DTZ. The news follows recent reports that private equity firms are eyeing the company.
2 min read · 17 February 2014
PEI Media Group, the specialist B2B financial media group, has purchased Real Estate Publishing, the publisher of Real Estate Capital magazine.
3 min read · 17 February 2014