Evelyn Lee
The $90 billion pension plan approved three investments to the asset class during the fourth quarter, including a real estate debt-focused separate account with Heitman.
The Philadelphia-based private equity real estate firm’s acquisition of a stake in CenterPoint marks its first investment on behalf of its second value-added office fund.
The New York-based private equity and real estate giant will acquire the majority interest in 40 shopping centers from UBS Wealth Management for approximately $1.1 billion.
The New York-based private equity and real estate firm expects deal flow to pick up in the region as financing becomes more available.
The $150.6 billion pension plan’s latest investment in the New York-based fund manager’s European real estate strategy will be through a commingled fund of one.
The $42 billion pension has promoted senior portfolio manager C.H. Meili to the top post in its real estate department.
The $90.9 billion pension system has appointed David Gillan to oversee its $15 billion real estate investment portfolio, as his predecessor now becomes head of private equity.
Despite a record year for investments, the New York-based private equity and real estate giant anticipates realization activity will ramp up over the next two years, particularly in its property portfolio.
The New York-based private equity real estate firm has wrapped the third round of fundraising for its evergreen vehicle, which now has raised some $2.8 billion in capital.
Real estate secondary transactions rose to record levels for the fourth year in a row, with a 20 percent increase in volume for the second straight year, according to new data from Landmark Partners.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: