Out with cubicles, in with lockers. The changing requirements of office occupiers gave the 300-strong private real estate sector sampling at this week’s PERE America Summit plenty of food for thought.
3 min read · 09 November 2017
With its property fund co-manager, the $20bn co-working startup is purchasing Lord & Taylor’s flagship New York store at a $200m premium.
3 min read · 25 October 2017
The Korean sovereign wealth fund expects to boost returns through more manager relationships and co-investments in the Asia-Pacific region.
1 min read · 19 September 2017
Global political and economic uncertainty were key factors in a 7% drop in real estate returns in 2016, according to the Swiss bank’s annual family office report.
2 min read · 12 September 2017
The sovereign wealth fund’s latest acquisition is located near 11 buildings in which it also bought a partial interest in 2015.
2 min read · 22 August 2017
The Canadian pension plan and Brazilian real estate company have closed on a portfolio exchange transaction in which CPPIB sold its stake in an existing logistics JV.
2 min read · 21 August 2017
Kayne Anderson sold the portfolio, which it assembled from two of its opportunistic funds.
2 min read · 17 August 2017
The Swiss firm is understood to be targeting a ‘mid-teens return.’
2 min read · 03 August 2017
As the cornerstone investor in the Morgan Stanley Real Estate Special Situations Fund III, the US investment bank is expected take big profits from the fund’s stake in London’s 20 Fenchurch Street after its sale to Hong Kong food company Lee Kum Kee.
3 min read · 27 July 2017
The deal involved an unnamed Asian institutional investor and marks M&G’s first property investment on behalf of a UK public pension fund.
2 min read · 20 July 2017