The real estate arm of Canada’s second largest pension fund has partnered with the Blackstone Group to acquire a Sydney office tower for A$240 million.
2 min read · 14 April 2015
The acquisition of a majority stake in a Boston project also marks the first time that the companies have co-invested in real estate outside of China.
3 min read · 08 April 2015
A stock market filing by London-listed partner First Property Group shows that the first investment made by advisory firm Towers Watson as sole institutional partner has heralded a 53 percent return on equity and 98 percent IRR.
2 min read · 27 March 2015
The sovereign wealth funds of Korea and Dubai have entered into a joint partnership, which may result in the creation of an investment fund going forward.
2 min read · 10 March 2015
Mori Trust has sold the Meguro Gajoen complex in Tokyo to a joint venture led by LaSalle Investment Management within just six months of acquiring the asset from Lone Star Funds.
2 min read · 10 February 2015
At PERE’s India roundtable published this week, Nitin Gupta, a managing director at Sydney-based advisor Macquarie Capital, said there were between eight and 10 institutional investors seeking local partners for investments in the country currently.
3 min read · 05 February 2015
The Dutch pension manager has tied up with Scape Student Living to develop, own and manage student accommodation facilities across Australia for the first time.
2 min read · 26 January 2015
The New York-based private equity firm’s close of its latest distressed property fund coincides with the opening of a London office.
2 min read · 14 January 2015
The Canada Pension Plan Investment Board has entered into a joint venture partnership with Longfor Properties to develop a mixed-use project in Eastern China and potentially more projects in the future.
2 min read · 13 January 2015
Real estate fundraising for the whole of last year is tipped to beat 2013 to become the strongest fundraising year since the global financial crisis.
2 min read · 06 January 2015