Two of Eaton Partners’ former European fundraisers have set up London-based placement agent Threadmark.
2 min read · 24 January 2013
The fallout from Apollo’s purchase of Citi Property Investors continues as head of Asia Ravi Hansoty hands in his notice. Hansoty is expected to launch his own platform once the takeover is completed.
1 min read · 24 January 2013
As demand for GSA-leased properties in Washington DC and beyond continues to rise, AREA sells a 130,000 sq. ft office at 500 First Street NW for $68m to REIT First Potomac. The office was bought for $45m in 2008 in JV with Van Ness.
2 min read · 24 January 2013
The $132.2bn public pension is shifting its attention away from value-added and opportunistic strategies, and sets an overall benchmark for the asset class to meet: a minimum of 9.25% net of fees.
3 min read · 24 January 2013
Andrea Pauls Backman has joined as managing director and portfolio manager in charge of the San Francisco-based firm’s core and value-added separate accounts.
2 min read · 24 January 2013
LPs around the world, including CalSTRS, are eyeing greater core exposure, but how do they balance that against a need for higher returns? By Zoe Hughes
3 min read · 24 January 2013
More than 300 delegates attended the PERE Forum: Europe 2010 conference in London last month, among them Brookfield's Bruce Flatt, GIC Real Estate's Bernard Phang and The Wellcome Trust's Peter Pereira Gray.
2 min read · 24 January 2013
Vornado Capital Partners has raised $350m of equity from institutional investors and $200m in co-investment from the REIT, as it targets $1bn for its value-added vehicle.
1 min read · 24 January 2013
A quarter of all LPs questioned in a JPMorgan Asset Management survey said real estate offered the greatest investment opportunity over the next three to five years.
3 min read · 24 January 2013
The Singaporean sovereign wealth fund registered a portfolio value of S$186bn at 31 March 2010. Asia, and other growth markets including Latin America, remains its key investment focus for the next ten years.
3 min read · 24 January 2013