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.
.jpg "Revetas reaches first close, gets Lehman Bros backing")
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.
 What fund strategies are the most popular in each region of the globe? Â
The investment by CPPIB brings the total amount of equity committed to private real estate strategies in India to $450m.
The European asset manager better known in Asian private equity real estate circles for its opportunistic fund of funds is to offer its first core multi-manager vehicle.
A secondary trade in Europe is made public as a London-based firm reveals it has boosted its exposure to European property by taking over what is believed to be Bank of America Merrill Lynch's LP position in the Bosphorous fund.
The London-based firm has teamed up on a €160 million purchase of retail property in Spain with local partner, Grupo Lar. Â
The Massachusetts pension plan has approved a $100 million industrial development joint venture with the global real estate investment manager.
The Orange County Employees Retirement System has committed $125 million to two real estate debt fund managers.
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