Now that Brookfield has finished raising its first global real estate opportunity fund, the firm’s next challenge will be following through on its investment strategy.
3 min read · 28 August 2013
Perella Weinberg has closed its second pan-European fund with total equity commitments of more than €1.3 billion, making it the largest equity haul for a pan-European opportunistic real estate fund since Blackstone closed its Europe-focused fund in June 2009.
3 min read · 28 August 2013
The New York-based firm has appointed a former head of real estate at UK insurance company, Prudential, as a senior advisor on UK and European investments.
3 min read · 28 August 2013
The Los Angeles-based private real estate firm is back in the market with its third commercial real estate debt vehicle, just one year after it raised $1.4 billion for the predecessor fund.
2 min read · 28 August 2013
This is the fourth time in four months that the pair have invested together in private real estate in Europe, this time purchasing a large office park outside of London.
2 min read · 28 August 2013
The New York firm investment firm has agreed to buy nine shopping centre from Wells Fargo helping the bank clear some of its legacy nonperforming loans from its balance sheet, and has struck a deal to buy 10 retail properties out of administration in an unrelated deal from a second party.
2 min read · 28 August 2013
The Florida-based real estate investment firm has raised $150 million in equity to invest in value-added retail and multifamily assets in the Southeast.
2 min read · 28 August 2013
The $112.4 billion pension plan has committed an additional $200 million of equity to the Chicago-based investment manager to deploy in new global real estate co-investment opportunities.
2 min read · 28 August 2013
After underperforming the previous fiscal year, the $165.8 billion pension system’s property investments beat their benchmark by a wider margin than any of the organization’s other asset classes.
1 min read · 28 August 2013
Germany’s Commerzbank has sold a €1.3 billion non-performing loan portfolio to Lone Star Funds and €3.7 billion of performing loans to US bank Wells Fargo, plus the entire operational real estate financing activities of its subsidiary Hypothekenbank Frankfurt in the UK.
2 min read · 28 August 2013
