As it closes the acquisition of 228-unit off-campus property in Kentucky, the Armonk, New York-based firm could deploy up to $200m of equity this year.
2 min read · 18 January 2013
CIC is to open an office in Toronto according to a report by CNBC. The office is only the second to be opened by the $300 billion sovereign wealth fund outside of Greater China since its inception in 2007.
1 min read · 18 January 2013
The Toronto-based investment firm has bought all of Fairholme’s interest in the mall REIT, increasing its total stake in GGP to 38%.
2 min read · 18 January 2013
Jeffrey Weingarten, a former chief investment officer of Goldman Sachs Asset Management International, is to become chief executive of Grosvenor Fund Management.
2 min read · 18 January 2013
DTZ Capital Partners, the DTZ entity that manages funds launched by DTZ Investment Management, has hired ex-Bank of America Merrill Lynch director Jason Lee and ex-Macquarie director Michael Moon for senior positions.
2 min read · 18 January 2013
Buying ING REIM would make CB Richard Ellis Investors the largest property management firm in the world, though not the largest opportunity fund manager.
4 min read · 18 January 2013
A deal costing CB Richard Ellis approximately €1bn could be finalised “within the next few weeks”. If successful, it would result in the creation of the world’s largest real estate investment management business.
3 min read · 18 January 2013
The owner of the world’s largest private equity outfit is introducing greater transparency to its operations.
2 min read · 18 January 2013
The $11.7bn public pension is increasing its allocation for the next 12 months, after only deploying $40m in 2010.
1 min read · 18 January 2013
The Toronto-based fund manager has closed on $85m of commitments from Canadian investors for its latest multifamily strategy, part of a larger vehicle targeting industrial deals as well.
2 min read · 18 January 2013
