The Canadian pension plan and the Chicago-based shopping mall REIT have purchased a two-storey, 482,000-square-foot shopping centre in St Louis from Davis Street Properties. CPPIB also will invest in another St. Louis mall owned by GGP.
1 min read · 18 January 2013
Nori Gerardo Lietz told delegates at this week’s PERE Global Investor Forum in Amsterdam, that sovereign wealth funds had become competitors to fund managers, and the denominator effect was dangerous as it made investors over-allocated to real estate.
3 min read · 18 January 2013
The $5bn private equity real estate firm founded by former Goldman Sachs’ Whitehall Funds head of Europe, Richard Georgi, is looking to redeploy staff from its offices in Europe and Asia to the US in a marked strategy shift.
3 min read · 18 January 2013
As an asset class, infrastructure may one day be as big as real estate – assuming the latter doesn’t annex much of the former. Andy Thomson, editor of PERE's sister publication Infrastructure Investor, takes a closer look.
3 min read · 18 January 2013
The Los Angeles-based real estate investment firm has formed a roughly $200 million joint venture with Cincinnati-based Phillips Edison to buy retail centres anchored by grocery stores across the US.
2 min read · 18 January 2013
The San Francisco-based real estate investment firm is putting two of its core office properties – one of which serves as DreamWorks Animation's northern California campus – up for sale.
2 min read · 18 January 2013
A venture between Square Mile, Invesco and Canyon Capital is buying a portfolio of 32 loans from Bank of America at a discount of 20 to 25 percent off the face value.
2 min read · 18 January 2013
Despite stormy conditions across the global economy, delegates found refuge at the PERE Global Investor Forum in Amsterdam this week.
3 min read · 18 January 2013
The real estate placement group, led by Anthony Carpenito (pic), has hired former REMCap executive Maxwell Rothaus as it bolsters its advisory activities ahead of potential new deals in 2012.
2 min read · 18 January 2013
The former partner for the London-based global advisory firm has rejoined Ernst & Young as a principal in its growing real estate practice.
2 min read · 18 January 2013
