In separate transactions, the Greenwich, Connecticut-based real estate investment firm has bought an office tower in Charlotte and a portfolio of eight multifamily properties in Florida.
1 min read · 27 August 2013
Merrit Maddux, head of Asia at private equity real estate firm Forum Partners, has left after six years to start his own firm Rail Canyon Capital. He has been replaced by ex-Deutsche Bank, Morgan Stanley and Paul Hastings executive Gregory Wells.
2 min read · 27 August 2013
The $260 billion pension system has approved a two-year extension of its interim real estate portfolio limits to give itself more time to increase its core exposure.
2 min read · 27 August 2013
The world’s largest asset manager is reportedly ahead in a bidding war for the Asia and Europe-focused private equity real estate firm.
2 min read · 27 August 2013
The turmoil at China’s largest private equity real estate fund is poised to come to an end with its management, its investors and its development partner about to agree a restructure and a spinout.
3 min read · 27 August 2013
The Canadian pension plan saw a return of 19.4 percent for real estate during 2012, above both its benchmark and that of all other asset classes.
2 min read · 27 August 2013
The state agency, which manages an estimated $163.5 billion in total assets, has launched a search for consultants to assist on both traditional and non-traditional real estate investments.
2 min read · 27 August 2013
The White House wants to exempt foreign investors from certain US tax when selling US real estate or infrastructure assets.
1 min read · 27 August 2013
The Los Angeles-based fund manager is acquiring 2 Rector Street from a venture between Savanna and Stellar Management.
1 min read · 27 August 2013
The Toronto-based pension plan’s property holdings have achieved the highest absolute return since 2007, representing a significant outperformance relative to its benchmark.
1 min read · 27 August 2013
