A joint venture between real estate investment firm Heitman and self-storage REIT Sovran Self Storage is looking to acquire up to $350 million of self-storage facilities throughout the US.
1 min read · 22 January 2013
Following its real estate and private equity target increases early this year, the $38 billion Maryland State Retirement and Pension System has made commitments to three funds.
1 min read · 22 January 2013
CITIC Capital Partners is backing Fushun Excavator, formerly a state-owned enterprise, with its second investment in two months from its China-focussed fund.
1 min read · 22 January 2013
The US public service union, the Service Employees International Union, has launched an international initiative to change tax laws it asserts unfairly benefit private equity firms.
2 min read · 22 January 2013
The US’ second largest public pension fund is considering allocating $1 billion to the growing asset class with California’s infrastructure needs to be given preference.
2 min read · 22 January 2013
The private equity real estate firm hires former DTZ executive to capitalize on the growing secondaries and fund of funds market in Europe.
1 min read · 22 January 2013
The private equity arm of the fallen investment bank is ‘working aggressively’ to set up independent operations.
2 min read · 22 January 2013
Investment bank Barclays Capital has provided a ‘substantial’ anchor commitment for the credit-oriented vehicle which will focus on the North American primary issue market.
2 min read · 22 January 2013
The Washington DC-based private equity real estate firm argues there are too few distressed commercial real estate debt opportunities to satisfy the number of fund managers entering the space.
2 min read · 22 January 2013
A survey suggests that financial chaos from the US is affecting real estate investment in Asia, though investors are still keen to access the region for the growth and diversification it offers.
2 min read · 22 January 2013