The New-York investment manager has decided to pull the plug on its involvement in global private real estate, leading to Steve Coyle and the team at Cohen & Steers Global Realty Partners leaving.
3 min read · 04 September 2013
Germany’s largest pension fund picks Chicago’s LaSalle Investment Management to enhance its already global portfolio.
1 min read · 04 September 2013
The Singaporean sovereign wealth fund blames the weaker performance of alternative assets like real estate for lower medium-term returns, but has not decreased its allocation to real estate and expects long-term returns to make up for the drop.
2 min read · 04 September 2013
In the effort to improve returns, the Chinese sovereign wealth fund sharply increased its allocation to 'long-term investments', including real estate.
2 min read · 28 August 2013
The London based charity, which has tended towards making direct property investments since 2008, has formed a joint venture to develop sites in the UK.
2 min read · 28 August 2013
The two firms have leveraged their existing relationship to create a dedicated platform focused on US real estate debt and have hired Jeffrey Fastov to lead the initiative.
3 min read · 28 August 2013
The London-based asset manager has brought aboard Thomas Guyot who previously worked for French property companies connected to Caisse des Depots and Morgan Stanley Real Estate Investing.
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
Établissement Retraite Additionnelle de la Fonction Publique has charged the real estate business of French insurer AXA with building it a core property portfolio over 10 years that complies with its socially responsible guidelines.
2 min read · 28 August 2013
London-based Internos Global Investors has held a second close for its Hotel Real Estate Fund I, with the equity coming from an all-German cast of investors and zero co-investment from the general partner.
2 min read · 28 August 2013
