PropertyMatch, a European secondaries trading platform for units in unlisted real estate funds part-owned by CBRE, says it traded more than €270m in the first quarter of the year, beating last year’s corresponding period by 240 percent.
2 min read · 17 January 2013
Grant Berlin, former head of real estate fundraising at AllianceBernstein, has joined the Toronto-based asset manager as senior vice president in its private funds group.
2 min read · 17 January 2013
The $11.6 billion state pension plan has agreed to contribute $30 million to the New York-based firm's ninth real estate fund.
2 min read · 17 January 2013
The New York-based private equity real estate firm has sold its ownership interest in two shopping centres in Oregon and Arizona to DDR for $70 million.
2 min read · 17 January 2013
President Barack Obama signed the Jumpstart Our Business Startups Act into law Thursday, signifying huge changes to the way private equity and real estate fundraising is regulated.
2 min read · 17 January 2013
The New York-based private equity giant has agreed to buy a 17 million-square-foot portfolio of 69 US industrial properties from Dexus Property Group on behalf of its BREP VII fund.
2 min read · 17 January 2013
The São Paulo-based real estate fund manager, formerly known as Prosperitas Investimentos, turned away $350 million in commitments for its new Brazil-focused fund, which launched just five months ago.
3 min read · 17 January 2013
Peakside Capital, the spin out from Bank of America Merrill Lynch, has agreed to take over two Polish property funds from Allied Irish Banks. Partners Group has teamed up with Peakside to also buy stakes in the two vehicles.
3 min read · 17 January 2013
The New York advisory boutique is expanding further by hiring Matt Hershey from Brookfield Asset Management and Matilde Attolico from Merrill Lynch Private Equity Funds Group spin- out, Mercury Capital Advisors.
2 min read · 17 January 2013
The head of the Los Angeles-based real estate firm’s debt investment business officially left his post last week, which will trigger a key-man clause in the platform’s two open-ended funds.
2 min read · 17 January 2013