Meghan Morris
The asset management behemoth says its research build-up is a response to growing client demand for real estate and infrastructure.
The firm’s founders have sold all or part of their interests to property services company Colliers, which is expanding into the investment management space.
Ted Eliopoulos joined CalPERS in 2007 and will step away by the start of 2019.
Transaction volume and capital raised from firms such as Blackstone and Carlyle increased significantly year-on-year.
The deal is struck as UK hotel transaction volume jumped 35% in 2017, and JLL forecasts more growth to come.
New private investments for the A$130bn superannuation fund are expected to be debt rather than equity-based and more likely to be offshore rather than domestic in the near term.
The private equity giant’s per-share price offer for Gramercy is said to be higher than the NAV of the REIT’s underlying assets.
The New York-based firm bought a 56-asset portfolio then immediately sold the industrial portion of the assets to a company backed by the Washington State Investment Board.
With a 2005 bet on data centers, one Bethesda, Maryland-based private equity real estate firm turned a $100m foreclosure buy into an $800m sale.
Canada’s steady growth and lack of volatility make the country an attractive investment for local and foreign buyers – if they can overcome its barriers to entry.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: