The Los Angeles-based investment management firm’s investment in 400 South Hope Street is the latest acquisition on behalf of its $750 million CBRE Strategic Partners US Value VI fund.
2 min read · 17 January 2013
Senior portfolio manager Anne Simpson is expected to voice CalPERS’ support for the rule, which limits banks’ ability to participate in private equity and real estate funds.
2 min read · 17 January 2013
The New York-based private equity and real estate giant is considering selling a 100-plus office building portfolio, which is valued at around $22 billion.
2 min read · 17 January 2013
The Canadian pension plan is injecting A$1bn into a landmark office scheme in Sydney, Australia. The investment is not only the first direct office investment CPPIB has made in Australia to date, but also is the biggest single real estate asset investment it has made anywhere in the world.
2 min read · 17 January 2013
The New York-based private equity giant is offloading four US hotels on behalf of its BREP VI fund to DiamondRock Hospitality. In addition to the cash consideration, Blackstone will own a 4% stake in the Bethesda, Maryland-based hospitality REIT.
2 min read · 17 January 2013
ImmoFinRE Group has held a final close of ImmoFinRE II and has already made nine investments so far in funds targeting Latin America, China, Macau, India, Canada and Turkey.
2 min read · 17 January 2013
A new survey from the New York-based accounting and consulting firm reveals that investors are gaining confidence in the office markets of Denver, Phoenix and Southeast Florida, especially as job growth continues in these areas.
3 min read · 17 January 2013
The US regulator will meet 22 August to ‘consider rules’ eliminating the ban on general solicitations of securities offerings, which has long prevented GPs from widely announcing their fundraisings.
2 min read · 17 January 2013
Following the acquisition of the KOMM shopping centre in Offenbach for its separate account with an unnamed North American institutional investor, MGPA’s CEO for Europe told PERE how the firm expected half its business in the region to come from similarly bespoke ventures.
2 min read · 17 January 2013
The New York firm has agreed to buy three shopping centres for around €200m on behalf of a European opportunistic fund.
2 min read · 17 January 2013
