The $228.3bn public pension will target private core real estate through separate accounts focused on the US, as it warns commingled funds will be the investment vehicle of last resort.
2 min read · 18 January 2013
The US organisation for REITs studies two decades of performance data and concludes that a mix of those proportions is best because the return cycles for REITs and direct real estate investment are different.
2 min read · 18 January 2013
As the European fund manager looks to expand in the US, it is considering creating new platforms through JVs with other GPs.
1 min read · 18 January 2013
The real estate investment management arm of global property services firm Jones Lang LaSalle has opened its first office in Dubai as it seeks to offer greater support to its Middle East clients.
2 min read · 18 January 2013
Blackstone's announcement that it would soon begin raising a $10bn+ global opportunity fund has the market wondering whether jumbo funds are back
3 min read · 18 January 2013
The Armonk, New York-based fund manager is eyeing a $350m final close for its second vehicle, which primarily targets US student housing.
1 min read · 18 January 2013
Netherlands-based APG's hiatus from blind pool commitments in Aisa could well continue as it continues to cement long-term partnerships with select co-investors and operators.
2 min read · 18 January 2013
The New York-based placement agent has hired Quince Hill’s Rob Kohn and Tom Foster, as well as former Black Creek director Yasmine Uzmez.
1 min read · 18 January 2013
The firm expects to hit the fundraising trail this year targeting a similar amount to its $10.9bn opportunity fund, BREP VI, which is 70% invested. President Tony James said Blackstone invested $5bn of equity in real estate in 2010.
2 min read · 18 January 2013
Copenhagen-based ATP Real Estate, a significant investor in opportunity funds, says it is looking to deploy €700 million in fresh real estate acquisitions.
1 min read · 18 January 2013
