The US’ largest pension fund has purchased yet another stake in a big-name buyout firm, reportedly paying $275 million for an interest in Silver Lake.
PERE looks back at the year just passed for the trends that mattered most. Today we look at trend number four - sovereign wealth funds have become major forces in global real estate investing.
ABP’s sale of KFN, which owns €1.6 billion worth ($2.3 billion) of prime Dutch offices, completes a 12-year program of reducing wholly-owned property investment in the Netherlands as it diversifies holdings internationally.
The US pension fund has agreed to invest in Dutch and Belgium logistics assets via a new joint venture as it ramps up its growing international exposure.
Henderson’s partnership with Valeo Companies will target housing tied to California’s public university and community colleges.
The 10-year old investment partnership has reportedly paid $120 million for a three-building office complex in downtown Minneapolis, Minnesota.
The Los Angeles-based firm has expanded its team of professionals with the addition of former Amgen, Disney and Starwood Hotels executive Richard Nanula.
PERE looks back at the year just passed for the trends that mattered most. Today we look at trend number two - private equity real estate management companies monetized their franchises through partial sales to external investors.
The Texas-based real estate investor is planning a luxury residential project in suburban Washington, DC.
Aberdeen Property Investors, the subsidiary of Europe’s Aberdeen Asset Management, is acquiring a German-based property investment manager from Dresdner Bank for €110 million ($162 million).
pere
pere

Copyright PEI Media

Not for publication, email or dissemination