Managers

America’s largest pension plan has embarked on a new partnership with Bentall Kennedy that could significantly increase its industrial portfolio over the next five years. The first deal on behalf of the separate account closed last week.

The giant German asset manager is adding to its backing of Seattle-based Metzler Real Estate with a mandate to acquire core real estate in a range of US markets.

With leverage, the Sares-Regis Multifamily Fund will have $300 million in buying power to invest in value-added properties primarily in coastal California, Seattle, Denver, Portland and Phoenix.

The New York-based investment firm has raised nearly a third of its $750 million target for Madison International Real Estate Liquidity Fund V.

The Chicago-based real estate investment firm has raised 75 percent of its target for Harrison Street Real Estate Partners IV.

The 3.4 million-square-foot office portfolio, which consists of properties in eight states, is 90 percent leased to Wells Fargo Bank.

The Atlanta-based real estate investment manager is making its initial foray outside of the US, with a new platform staffed by former Paladin executives.

Despite a challenging fundraising environment, a new report from the London-listed property services firm shows that there is more available investment capital now than there was six months ago.

The Los Angeles-based real estate investment firm has formed a joint venture with the $110 billion pension plan to buy a shopping center in Laatzen for €117 million.

After being maligned by investors following the start of the global financial crisis, a survey presented by the professional services firm at the MIPIM conference painted a more positive picture for commingled real estate funds.