US firm Pramerica Real Estate Investors sees Stockholm residential property as an opportunity due to ‘clear demand’ and ‘scarce supply’.
2 min read · 18 January 2013
The news that ProLogis and AMB will merge underlines the notion that real estate’s ugly duckling is looking more attractive. By Jonathan Brasse
2 min read · 18 January 2013
The San Ramon, California-based multifamily operating partner has secured an equity investment from 29th Street Capital, a recent platform that invests high-net-worth capital. The firms are targeting a $60m fundraise as they source JV equity for deals in the western US.
2 min read · 18 January 2013
With institutional investors underweight to the asset class by roughly 2%, industry professionals argue billions of dollars of additional capital will come back to global real estate, not least from sovereign wealth funds.
2 min read · 18 January 2013
The Stockholm-based private equity real estate firm holds a first closing for its Niam Nordic V fund. The vehicle will be used to invest in a range of real estate sectors and will include some development acquisitions.
1 min read · 18 January 2013
The US and Brazil were leading a resurgence of transactions for the Americas with the region seeing a 166% increase in purchases and sales over the past year, compared to 11% increase in Europe and the Middle East and an 11% decline in trades in Asia Pacific.
1 min read · 18 January 2013
The Los Angeles-based firm has bought two portfolios comprising 1,500 loans and with an unpaid principal balance of $817m for 24 cents on the dollar. The deal marks the firm’s fifth FDIC structured loan acquisition.
2 min read · 18 January 2013
The two listed industrial developers-cum-fund managers are in talks about merging, in a deal that could create a $14bn REIT. Together AMB and ProLogis manage 20 private funds.
3 min read · 18 January 2013
The two New York-based fund managers have agreed a deal that sees Tishman buy the two-building headquarters for $65m for its $1bn Fund VII. Tishman plans to spend around $23m on upgrades.
2 min read · 18 January 2013
The $226bn California Public Employees’ Retirement System has indicated it will take less risk with its future real estate investments but it would still commit up to $2bn to the sector in 2011, according to a report by the Wall Street Journal.
2 min read · 18 January 2013
