The global property services firm says professional real estate buyers still favour core assets in Europe, but there is increased appetite for good secondary and opportunistic/value added investments.
3 min read · 27 August 2013
The Nordics-focused real estate investment management firm is hoping to raise €250 million from institutional investors and is widening its fundraising activities to include US investors for the first time.
2 min read · 27 August 2013
The Denver-based firm has garnered $106 million in commitments for its JCR Commercial Real Estate Finance Fund II, exceeding its initial target of $100 million.
2 min read · 27 August 2013
After securing backing from local pension plans, the joint venture between first-time fund manager Pienssa and developer Prodesa is seeking capital from US investors.
3 min read · 27 August 2013
Hallandale, Florida-based Beacon Investment Properties is poised to purchase the IDS Center in downtown Minneapolis for $255 million. The deal comes on the heels of Angelo Gordon and City Center Realty Partners buying a nearby downtown tower for nearly $44 million.
2 min read · 27 August 2013
The $78.1 billion pension system is weighing the possible sale of fund interests in its real estate portfolio.
2 min read · 27 August 2013
The $21 billion state workers compensation fund continues to invest in non-core real estate by committing $50 million to Los Angeles-based Latitude Management’s third value-added real estate fund.
2 min read · 27 August 2013
In a keynote speech at the PREA/IPD US Property Fund Index launch, Blackstone’s global head of real estate told attendees that we may see an increased interest in riskier assets.
2 min read · 27 August 2013
The real estate investment management business of the Tokyo-based insurance giant has mandated The Townsend Group to advise it on investments in open-ended funds in the world’s core real estate markets.
2 min read · 27 August 2013
Having expanded stateside, Norway’s Government Pension Fund Global is fast becoming one of the largest real estate investors in the world. To reach its 5 percent allocation target, however, it has a lot more investing to do.
3 min read · 27 August 2013
