The Chicago-based firm has raised $192 million in a first closing for its LaSalle Asia Opportunity Fund IV but reduced its fundraising target to $500 million from $750 million, according to a note to investors obtained by PERE this month. It has enjoyed comparatively more success raising $431 million for its third Japanese logistics fund.
3 min read · 28 August 2013
The New York firm investment firm has agreed to buy nine shopping centre from Wells Fargo helping the bank clear some of its legacy nonperforming loans from its balance sheet, and has struck a deal to buy 10 retail properties out of administration in an unrelated deal from a second party.
2 min read · 28 August 2013
Goldman Sachs investment banker David Matheson will help drive Oxford Properties into Continental Europe as the platform seeks to invest £5 billion outside of North America in the next five years.
2 min read · 28 August 2013
The New York-based private equity and real estate giant is shifting away from a heavy US focus and pursuing more real estate opportunities in Europe, Asia and Latin America. The firm also held a final close for its latest real estate debt fund.
3 min read · 28 August 2013
The New York-based real estate investment manager has completed its debut US fundraising, whose primary limited partners included Japanese and European pension plans.
2 min read · 28 August 2013
The $112.4 billion pension plan has committed an additional $200 million of equity to the Chicago-based investment manager to deploy in new global real estate co-investment opportunities.
2 min read · 28 August 2013
Copenhagen-based PFA Pension, which is in the early stages of an international expansion strategy, has committed £50 million to Resolution Real Estate Fund IV, which just made its maiden investment.
3 min read · 28 August 2013
After underperforming the previous fiscal year, the $165.8 billion pension system’s property investments beat their benchmark by a wider margin than any of the organization’s other asset classes.
1 min read · 28 August 2013
Real estate helped to fuel the $262.7 billion pension plan’s overall portfolio performance rebound during fiscal year 2012-13, but property returns were down from the outsized results of the previous 12-month period.
3 min read · 28 August 2013
The Chicago-based real estate investment firm has closed Harrison Street Real Estate Partners IV with $750 million in commitments, exceeding its original target of $600 million.
2 min read · 28 August 2013
