In its annual fund trends survey, law firm Nabarro says that 77.8 percent of investors require a reduced management fee for committing to a first close of a fund.
2 min read · 18 January 2013
The real estate equity investment arm of the US insurance group has committed more than $1.1 billion this year and is in the process of growing its portfolio by up to $3 billion over the next three years. It expects an even bigger expansion into direct investing in the US, particularly through co-investments and JVs.
3 min read · 18 January 2013
Some improbable events took place in 2011. In our final newsletter of the year, we take a completely unscientific approach to weighing up the probability of certain other significant developments happening in 2012.
3 min read · 18 January 2013
The New York and Toronto-based office property developer and owner has sold the 1.1 million 53 State Street office tower in Boston to Swiss bank, UBS.
1 min read · 18 January 2013
The $78.6 billion pension plan will invest in a new internally managed fund of funds that will target emerging real estate markets such as Turkey and sub-Saharan Africa.
2 min read · 18 January 2013
The firm's co-founder Randal Nardone will assume the role of interim CEO now that SEC-charged Daniel Mudd (pictured) has taken a leave of absence.
3 min read · 18 January 2013
The estate of the former Wall Street banking giant has exercised its right of first offer and matched the bid made by the Sam Zell-led REIT. Lehman also is suing co-owners Bank of America and Barclays for breach of contract.
2 min read · 18 January 2013
According to the latest research by the Switzerland and Singapore-based investment advisory group, Japanese private equity real estate funds attracted the most investment in Asia during the first nine months of 2011.
2 min read · 18 January 2013
Patrick Wu, a director in CIC’s real estate division, is slated to take the top job as incumbent Collin Lau enters a transitional period ahead of a switch to the $400 billion state fund’s private equity division.
3 min read · 18 January 2013
Brookfield is the latest private equity real estate firm to pursue ownership of the troubled Stuyvesant Town apartment complex.
3 min read · 18 January 2013
