Starwood European Real Estate Finance has managed to raise a public real estate debt fund offering senior debt, whole loan, and mezzanine financing across Europe.
3 min read · 15 January 2013
A consortium including Toronto-based KingSett Capital and the Ontario Pension Board has offered to buy the Canadian shopping centre REIT for $26 per share. Primaris is calling the offer “unsolicited” and “inadequate” and urging shareholders not to sell.
2 min read · 15 January 2013
The $5.6 billion, open-end commingled real estate equity fund acquired 475 Sansome Street from the Abu Dhabi Investment Authority.
1 min read · 15 January 2013
Dutch pension fund for civil servants says it is ‘very content’ to have settled its lawsuit of a year ago over the alleged misselling of residential mortgage-backed securities in 2006 and 2007.
2 min read · 15 January 2013
The Pfaeffikon, Switzerland-based global alternative investment manager has entered the real estate business with its acquisition of the New York-based real estate investment and advisory firm.
2 min read · 15 January 2013
The $51 billion pension system has agreed to contribute $75 million each to LEM Real Estate High-Yield Debt and Preferred Equity Fund III and Latitude Management Real Estate Capital III.
2 min read · 15 January 2013
The former head of research and investment strategy at Clarion Partners has forged out on his own to raise a multi-asset strategy fund. He also is authoring a new book about investing in real estate.
3 min read · 15 January 2013
CBRE Strategic Partners US Value 6 has closed on $1.1 billion in equity commitments from 22 investors, exceeding its $750 million target.
2 min read · 15 January 2013
A UK firm has raised £50m for its third property fund, with backing thought to be coming from JPMorgan
2 min read · 15 January 2013
Almost 200 private debt funds are chasing combined commitments of $124 billion, according to PEI research, as managers look to exploit credit opportunities created by banks’ partial retreat from the market.
2 min read · 15 January 2013