The New York global asset manager has formed a strategic partnership with Driftwood focussed on acquiring and repositioning hotels across the US.
1 min read · 18 January 2013
A partnership between the $240bn pension system and the global real estate asset manager has generated a 60% IRR and $160m in profits. The fund closed after selling its office, residential and logistics projects in São Paulo, Rio de Janeiro and Curitiba.
2 min read · 18 January 2013
JER Partners is said to be in exclusive talks to transfer staff and asset management functions of JER’s Europe funds business to LaSalle in order to provide a more ‘stable platform’ for investors.
3 min read · 18 January 2013
For the first time since the credit crisis, Aberdeen Asset Management has launched an Asia Pacific fund of funds vehicle, seeking out a range of strategies from core to opportunistic and targeting returns between 13 and 17 percent per year.
2 min read · 18 January 2013
Beginning this quarter, the Chicago-based real estate association will publish an index based on income-producing properties in the US that have seen transaction movement. The index was originally published by the MIT Center for Real Estate.
2 min read · 18 January 2013
The Plymouth Meeting, Pennsylvania-based real estate asset management firm has acquired a six million square-foot portfolio of industrial distribution facilities across the Midwest and Southeast from Pinchal & Company.
2 min read · 18 January 2013
The New York-based real estate sale firm has purchased 1.6 million square feet of self-storage properties in California, Illinois and Hawaii from A-American Self Storage for $86m.
2 min read · 18 January 2013
The break-up of ING continues with as the Dutch group sells out of its Australian property funds management business. Yesterday it completed the sale of its global securities business.
2 min read · 18 January 2013
The Shanghai and Switzerland-based firm wants to access the 'China success story' by launching a fund focussed on investments in one of its major cites, Shanghai.
2 min read · 18 January 2013
Former LaSalle executive Melissa Reagen will fill a new position to help research real estate data across the Americas in late July.
2 min read · 18 January 2013
