A joint venture between Johannesburg-based Rand Merchant Bank and Westport Property Group has enjoyed capital raising success for its first real estate opportunity fund.
2 min read · 17 January 2013
After being fully taken over by Lehman Brothers Holdings, the Denver-based apartment REIT has filed plans for an IPO of up to $100 million.
2 min read · 17 January 2013
The value of real estate assets at Canada’s largest public pension has risen to C$17.7bn from C$12.6bn in the year to June 30, showing the rapid pace with which it has been investing in the sector.
2 min read · 17 January 2013
A long-time New York real estate operator is pondering the launch of its first commingled investment fund. The wisdom of testing new waters during the current fundraising environment, however, is debatable.
3 min read · 17 January 2013
According to reports in the UK property press, the Los Angeles investment management firm has beaten rival bids for a distressed loan book being sold by UK bank Lloyds Banking Group.
2 min read · 17 January 2013
The $11.3 billion pension system has contributed $40 million to Westbrook’s latest fund and $30 million to Almanac’s current offering.
2 min read · 17 January 2013
The real estate arm of Caisse de dépôt et placement du Québec has made a majority investment in a shopping centre in suburban São Paulo, shortly after buying out JV partner Commerz Real in the ownership of four Canadian malls.
3 min read · 17 January 2013
Compared to its other business lines, the Los Angeles-based investment manager has been the most active in investing capital in the asset class, with its previous real estate fund nearly fully invested and its latest vehicle expected to hold a first close late next month.
3 min read · 17 January 2013
The Boston-based private equity real estate firm will maintain its majority stake in the nine-property, 5,500-unit portfolio after selling a 25 percent stake to the Kushner Companies.
1 min read · 17 January 2013
SC Management's RECAP III is understood to be oversubscribed thanks to strong performances from the Hong Kong and Singapore-based private equity real estate firm’s previous two funds.
2 min read · 17 January 2013
