The State Administration of Foreign Exchange (SAFE), which manages more than $3 trillion of China’s foreign exchange reserves, is helping Blackstone towards its $13 billion hard cap for its latest real estate opportunity fund.
2 min read · 17 January 2013
The former Tishman Speyer and Westbrook executive passed away after a battle with cancer.
2 min read · 17 January 2013
The New York-based alternative investment manager is the latest private equity firm to announce plans to invest in single-family rental homes in the US.
2 min read · 17 January 2013
The Armonk, New York-based student housing specialist has hired finance vet David Selznick to manage all of the firm’s real estate financing activities.
1 min read · 17 January 2013
The $25 billion endowment has upped its real estate allocation to 8 percent from 6 percent, enabling it to make an additional $200 million in investments in the space.
2 min read · 17 January 2013
Chicago-based property services giant Jones Lang LaSalle has created a secondaries trading platform for Asia-Pacific private real estate funds by way of a monthly bulletin. The first batch of investments to hit the market was sent out last Friday and was valued at $250 million.
3 min read · 17 January 2013
Looking to capitalise on opportunities in the US real estate debt markets, the New York-based investment manager has hired two former RREEF veterans to spearhead the new initiative.
3 min read · 17 January 2013
The former chief US housing strategist at Morgan Stanley has co-founded an asset management firm to invest more than $1 billion in distressed single-family rental homes in the US over the next two years.
3 min read · 17 January 2013
The alternative investment arm of HSBC bank and Hines, the US developer-cum-fund manager, have acquired a prime London office development scheme for a reported £300m. HSBC is investing on behalf of a syndicate of private clients.
2 min read · 17 January 2013
The Government of Singapore Investment Corporation has stockpiled cash during the year to 31 March as it awaits better investing conditions. Adopting a cautious outlook, the sovereign wealth fund nonetheless increased its allocation to alternative assets by 1 percent.
3 min read · 17 January 2013
