Hines closes another Brazil real estate account with the California Public Employees pension fund. CalPERS has invested more than $380m to target Brazil with Hines over the past five years.
2 min read · 24 January 2013
Eric Lemer, formerly of Credit Suisse’s Real Estate Private Fund Group, has joined trans-Atlantic private equity real estate firm GI Partners in its London office to take on a newly-established role.
2 min read · 24 January 2013
The Canadian Pension Plan Investment Board has acquired an 8-stong shopping centre portfolio, which includes the Hillside Centre in Victoria, for $335.5m including the assumption of $105 million of debt.
1 min read · 24 January 2013
The chairman of Equity Group Investments, who coined the phrase 'stay alive til '95' during the RTC crisis, warns reports of a demise in US commercial real estate are 'greatly exaggerated'
1 min read · 24 January 2013
Enervest’s 12th fund will reportedly raise up to $1.5bn to invest in upstream oil and gas assets in North America.
1 min read · 24 January 2013
UK-based fund manager sees the US apartment sector as the ‘best-positioned’ over the next five years and has launched an investment vehicle to capitalise.
2 min read · 24 January 2013
Pershing Square and Winthrop will appeal a state Supreme Court ruling blocking their attempted foreclosure of the New York residential complex. Special servicer CWCapital sets auction date for 4 October.
3 min read · 24 January 2013
Australia’s Macquarie Group is to increase its real estate capital raising capabilities through the takeover of Presidio Partners, the San Francisco and Chicago-based advisory practice. The transaction is expected to close in the fourth quarter this year.
2 min read · 24 January 2013
Chicago-based Harrison Street has brought its fundraising total for its latest private equity real estate fund to $330m. The education, healthcare and storage real estate-focussed firm has held a second close and is hoping to corral a total of $500m for the vehicle.
1 min read · 24 January 2013
Investors eyeing the US should not expect outsized performance in the asset class, amid warnings a lackluster jobs market will dampen the country’s overall economic recovery.
2 min read · 24 January 2013
