Jonathan Brasse
The Canada Pension Plan Investment Board reveals expansion plans for Asian real estate just as it announces a joint investment of $400m in a new China fund with Ontario pension fund.
The state’s public safety personnel pension has also approved new advisory contracts with ORG, StepStone and Capital Dynamics and announced $125 million in commitments to real estate and infrastructure funds.
The global private equity firm will bring a portfolio of children’s characters, including Barney, Ping and Bob the Builder, to a new 25,000-square foot complex in Dubailand.
The cash infusion is the third private equity investment in the Mumbai-based developer Lodha Group.
The private equity firm is committing $100m to a joint venture with Williamsburg, Virginia-based hotel REIT MHI.
Alternative asset manager Cerberus has withdrawn from the consortium mulling a counter-bid for Equity Office in excess of $36 billion.