The two California pension giants’ real estate portfolios began the long road back to health generating 0.01% and -5% returns, the latter being the smallest decline since the start of the financial crisis.
3 min read · 18 January 2013
Corridor Energy will focus on US energy infrastructure that can be classified as real estate investment trusts.
2 min read · 18 January 2013
The firm has appointment Jeffrey Granoff as principal after opening a New York office. More appointments are expected in the first quarter of 2011 as the firm looks to deploy its $250m debut fund.
1 min read · 18 January 2013
The global sale and leaseback specialist has completed a deal to buy a six property-strong portfolio of logistics properties from C1000, the Dutch supermarket company. The deal follows $1 billion of investments in Europe by the New York-listed form last year.
2 min read · 18 January 2013
As it closes the acquisition of 228-unit off-campus property in Kentucky, the Armonk, New York-based firm could deploy up to $200m of equity this year.
2 min read · 18 January 2013
CIC is to open an office in Toronto according to a report by CNBC. The office is only the second to be opened by the $300 billion sovereign wealth fund outside of Greater China since its inception in 2007.
1 min read · 18 January 2013
The Toronto-based investment firm has bought all of Fairholme’s interest in the mall REIT, increasing its total stake in GGP to 38%.
2 min read · 18 January 2013
Jeffrey Weingarten, a former chief investment officer of Goldman Sachs Asset Management International, is to become chief executive of Grosvenor Fund Management.
2 min read · 18 January 2013
DTZ Capital Partners, the DTZ entity that manages funds launched by DTZ Investment Management, has hired ex-Bank of America Merrill Lynch director Jason Lee and ex-Macquarie director Michael Moon for senior positions.
2 min read · 18 January 2013
Buying ING REIM would make CB Richard Ellis Investors the largest property management firm in the world, though not the largest opportunity fund manager.
4 min read · 18 January 2013
