The $40.2 billion pension system, which recently approved a $600 million increase in real estate investments, has committed to two new funds.
2 min read · 01 November 2013
The New York-based fund manager has closed on the largest US diversified residential fund to date, far outstripping its initial fund target.
2 min read · 30 October 2013
When it comes to property investment in Europe, it’s not the size of the check but the quality of the relationship that wins the deal.
3 min read · 31 October 2013
The $182 billion Canadian pension has invested $240 million in a development venture with Brazilian bank BTG Pactual.
2 min read · 31 October 2013
In an effort to expand its senior team, newly formed Mack Real Estate Group has appointed industry veteran Barden Gale as vice chairman.
2 min read · 29 October 2013
Former fund managers from Townsend and Partners have disclosed the focus of their new firm, which targets $5 million to $20 million deals.
2 min read · 29 October 2013
At the PERE NY Summit, a panel of executives investing in niche real estate strategies explained how taking the path less traveled can be worth the risk.
2 min read · 25 October 2013
With high prices squeezing core returns, industry players are blurring the line between core and non-core property, as speakers at the PERE’s New York Summit demonstrated.
3 min read · 25 October 2013
At the PERE New York Summit yesterday, the head of real assets at the New Mexico Educational Retirement Board faulted his fellow investors for failing to hold poorly performing managers more accountable for their mistakes.
3 min read · 25 October 2013
Jack Chandler, head of global real estate at BlackRock, explained why the takeover of MGPA was a ‘lifetime event’ and also how global investors were looking to large asset managers to help find yield from alternatives during Day One of PERE’s New York event.
2 min read · 25 October 2013
