The Second Swedish National Pension Fund has bought into a $1.8 billion portfolio of offices also owned by the National Pension Service of Korea, Tishman Speyer and the Government of Singapore Investment Corporation.
1 min read · 17 January 2013
Two London-based private equity real estate firms have joined forces to acquire a portfolio of 24 office, industrial and retail properties from the Henderson Caspar fund, which was faced with a CMBS maturity.
2 min read · 17 January 2013
The state investment board, which manages $12.78 billion in total assets, has agreed to invest in two value-added funds as it continues to raise its exposure to the real estate strategy.
2 min read · 17 January 2013
Victoria Shigehira Sharpe is being lined up for a newly-created, senior client-facing role at PREI Asia’s parent company Pramerica Investment Management and will be passing the leadership baton to ex-Grosvenor Fund Management Asia head Morgan Laughlin.
2 min read · 17 January 2013
The New York firm is reportedly in the process of buying Top Ryde, an 839,592 square foot shopping mall that has given its owners and creditors issues ever since its redevelopment.
2 min read · 17 January 2013
The Denver-based investment firm has raised $85 million of the $100 million target for its second real estate finance fund. To date, Fund II is 40 percent invested.
2 min read · 17 January 2013
Lloyds Banking Group has sold a portfolio of distressed property loans for £149m as interest in Ireland’s real estate increases.
2 min read · 17 January 2013
Global Logistic Properties’ entry into Brazil should not deflect attention from its central focus in Asia but that doesn’t diminish its impact.
3 min read · 17 January 2013
Steve LeBlanc, the former senior managing director of private markets at the $110 billion Teacher Retirement System of Texas, and a Texas real estate entrepreneur have formed a company to invest in office properties across the state.
2 min read · 17 January 2013
A former managing principal at the Miami-based real estate investment firm has left to join WP Carey & Co as managing director and CFO.
1 min read · 17 January 2013