A fund established by US hedge fund Fursa, Indian infrastructure financing company SREI and Indian holding company Prima Donna will be led by Sanjiv Gupta, former Coca-Cola India CEO.
2 min read · 22 January 2013
The $1.1 billion Baylor College of Medicine endowment fund in Texas says it is planning to commit up to 10 percent of its funds, around $100m, to the real estate asset class in a bid to secure long-term returns.
2 min read · 22 January 2013
The investment management firm’s second value-add vehicle will target investments in office, retail, industrial and multi-family properties throughout the US.
1 min read · 22 January 2013
Chief executive Stephen Schwarzman says sovereign wealth funds are being made to feel unwanted in the West amid intense scrutiny of their activities. It could, he warns, have a ‘chilling effect’ on their desire to invest.
2 min read · 22 January 2013
The Cincinnati-based real estate investment firm says distressed neighborhood shopping centers are proving an attractive niche market despite the general economic downturn.
1 min read · 22 January 2013
The exit in a secondary sale to Bowmark Capital came after August Equity made eight acquisitions for Healthcare Homes over two and a half years. Bowmark intends to continue the buy and build strategy.
2 min read · 22 January 2013
The hotel will undergo $5 million in renovations and be re-branded as Hyatt Place Chicago/Schaumburg.
1 min read · 22 January 2013
Speaking at a real estate conference in London this week, legendary investor Sam Zell said he is mainly focussing on emerging markets for investment.
1 min read · 22 January 2013
For the first time, Schroders plans to invite US investors to participate in a UK opportunity fund managed by the UK domiciled asset manager.
2 min read · 22 January 2013
The asset management arm of the US retirement specialist is targeting core real estate assets across the US with its new property fund.
1 min read · 22 January 2013