Managers

Asia funds have already attracted more equity from investors so far this year than they did throughout 2012, according to PERE’s Research and Analytics division.
The logistics-focused firm has closed its largest deal to date as a seed asset for its Japan logistics fund, and has deployed almost all the current committed capital of the $500 million fund.
The investment manager’s property director David Wise said the incoming fund would target assets “often neglected by large property funds”.
New research by the Pensions Institute at Cass Business School predicts how 10 percent of a £1.7 trillion defined contribution pension pot in the UK could find its way to real estate.
As the New York-based alternatives investment firm continues to deploy capital from its second Asia fund, it is gearing up to launch a third regional fund by Q1 2014, for which it is expected to target more than $625 million.
In just a little under a year, the Hong Kong-based private equity real estate firm has closed one of the largest private equity real estate funds raised for China since the onset of the global financial crisis.
The Japan-focused private equity real estate fund has brought in $850 million for its most recent fund over rolling closes, and is expected to hold the final close within the month.
The Dallas-based private equity firm is expected to hold a second and final close next week for its third commercial real estate vehicle, which was oversubscribed.
The Blackstone Group’s president says accelerating disposition and investment activity is part of its “buy it, fix it, sell it” approach to its property business, not a timing of market cycles.
AXA and Norges Bank’s new real estate debt platform is likely to see the sovereign fund finally exposed to opportunistic real estate – just not via equity.
pere
pere

Copyright PEI Media

Not for publication, email or dissemination