Pramerica Real Estate Investors, the Parsippany-based real estate investment business of Prudential Financial, has teamed up with US logistics developer Panattoni to acquire €100m of logistics properties in Central and Eastern Europe.
2 min read · 24 January 2013
The Paris-based giant has announced Laurent Vouin will be responsible for the firm’s ‘expanding’ opportunity funds business, including Axa Real Estate Development Fund III, its latest offering
1 min read · 24 January 2013
The New York-based firm has sold part of its mixed-use development project, Bravern Office Commons, for $410m; eyes $120m of acquisitions in coming months.
2 min read · 24 January 2013
The $125bn public pension plan is reportedly trying to back out of a $300m commitment to the $4.7bn MSREF Global VII fund.
2 min read · 24 January 2013
Institutional investors say they are willing to trade lower returns for less risk. However, is the current push for core full of hidden risk?
2 min read · 24 January 2013
Quadrangle co-founder Steve Rattner could pay $6m and face a two-year ban from the securities industry, the WSJ reports. The deal is expected to be finalised today.
2 min read · 24 January 2013
Competition for core assets is pushing prices higher and cap rates down, however with little prospect for growth is the sector becoming increasingly risky?
2 min read · 24 January 2013
According to its report, ‘The Great Wall of Money’, DTZ says the US is forecast to generate the largest increase in available capital, followed by Asia. However it says there will be a decrease in the amount coming from real estate funds and other ‘third party’ sources.
2 min read · 24 January 2013
Danish fund of funds manager Sparinvest has halved the fundraising target for its second global vehicle, Sparinvest Property Fund II, to €250m. Bo Jensen, managing partner at the firm, says however, that the fund should hold a final closing in January.
2 min read · 24 January 2013
ING Clarion managing director Jeff Barclay will join Goldman Sachs Asset Management to lead a new core real estate arm.
2 min read · 24 January 2013
