The Philadelphia-based arm of the London investment firm is targeting between $250m and $500m for a multifamily development vehicle, the Grosvenor US Multifamily Fund. Meanwhile, Sares-Regis eyes $200m for multifamily acquisition.
3 min read · 18 January 2013
The global brokerage and property services giant sees $606bn in investment activity this year, with North America and emerging markets leading the way.
3 min read · 18 January 2013
Europe’s fund managers say the atmosphere at this year’s MIPIM property show in Cannes is more optimistic than in 2010, with capital from Asia, the Middle East and, to an extent, the US interested in the region.
2 min read · 18 January 2013
The direct asset management arm of NAB has acquired a 35% non-controlling interest in the New York private equity real estate firm as AREA looks to expand its institutional base and fund operations.
2 min read · 18 January 2013
The Boston-based private equity real estate firm was expected to launch Rockpoint Real Estate Fund IV in the first quarter targeting a similar amount to its predecessor, Fund III, which closed on $2.5bn in 2007.
2 min read · 18 January 2013
The international investment strategy of Korea's National Pension Service is leading the way for Asia pension funds struggling to service growing retirement benefits, delegates heard at MIPIM Tuesday.
3 min read · 18 January 2013
Jeffrey Rutishauser has been appointed senior managing director of the New York-based private equity real estate group responsible for acquisitions and capital raising.
1 min read · 18 January 2013
After allocating $75m to three Brazil GPs, the real estate equity investment arm of the US insurance group is considering investments in the Asia-Pacific region, possibly India, as it seeks to create a global property portfolio.
1 min read · 18 January 2013
The New York-based firms are believed to have invested $100m of equity in the eight-property portfolio in Virginia and Maryland. RREEF sold the assets after the CMBS loans secured against the portfolio were sent to special servicers.
3 min read · 18 January 2013
Strategic shifts and new developments in private equity real estate in the second half of 2010 offer clues to global trends for 2011. PERE magazine 2010 Awards & Annual Review issue.
8 min read · 18 January 2013