Investors

Large equity commitments by western investors including LACERA and CALSTRS into Invesco’s Real Estate Asia Fund in an early wave of institutional support for lower-risk/return private real estate strategies in the region.

CPPIB and GIC have contributed an additional $230 million to the venture for further development in the Latin American nation. 

The $487 billion US pension has made its first major foray into Australian private real estate with a co-investment joint venture with listed developer Mirvac.

Goodman is seeking another $200 million for its open-ended Japan core fund.

The largest US pension plan has approved a $1 billion increase to its annual dollar hard cap for new real estate investments.

 What region invests the most in real estate?  

The Fort Worth-based firm is said to have launched TPG Real Estate II with a target as high as $2 billion for its first ‘multi-investor’ property fund

The Singapore-listed logistic developer and fund manager has sold to a consortium of Chinese investors a large stake in its development pipeline in the country as well as an issue of new listed shares.

Revetas Capital, whose financial investors include a firm founded the former Europe CEO and COO of Lehman Brothers, has held a €100m first close on a Central and Eastern European recovery fund.