Fresh from its $1.9bn purchase of a CalSTRS logistics portfolio, industrial property investor Prologis has launched four new property funds targeting Europe, Mexico, South Korea and the US.
2 min read · 22 January 2013
The private equity firm has acquired a 138,000-square-foot on-site industrial property near Chicago’s O’Hare International Airport.
2 min read · 22 January 2013
Investment group Pamodzi Investment Holdings has launched Africa’s biggest private equity fund—which will focus on infrastructure and related investments.
1 min read · 22 January 2013
New York-based investment management firm BlackRock has purchased the Calhoun Square retail property from Iowa-based Principal Global Investors for a reported $45m.
1 min read · 22 January 2013
The Philadelphia-based private equity real estate firm has sold its Sandpointe office building in California for close to $40m.
1 min read · 22 January 2013
A real estate vehicle owned by KKR suffered a 31 percent fall in its share price yesterday, after the vehicle was forced to sell $5 billion of residential mortgage loans at a loss.
2 min read · 22 January 2013
Following its foray into the DC-area residential market last month, Dallas-based Behringer Harvard has just snapped up four office buildings in Chicago’s business district.
2 min read · 22 January 2013
Chicago-based Harrison Street and New York-based Kaplan Development Group have joined forces to develop, redevelop and acquire senior housing properties throughout the Northeast and Southeast US.
1 min read · 22 January 2013
The country’s largest public pension is considering increasing its interests in real estate with an eye toward the burgeoning emerging market countries.
2 min read · 22 January 2013
On the heels of its recent Bay Area hotel acquisition from the same company, Carlyle Group has acquired properties in Hollywood, Florida—the first in its joint venture with MHI Hospitality.
2 min read · 22 January 2013