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Hawaii ERS dismisses CIO

Vijoy Chattergy departs after 5 years with the ERS.

Carlyle’s Euro comeback fund attracts legacy investors – Exclusive

Investors from its ill-fated third European opportunity fund are among those to have committed €300m in a first closing of the Washington, DC-based private equity firm’s rebranded fourth offering in the series.

M&G holds first close for debut value-added fund – Exclusive

The London-based firm, which has largely focused on core as a strategy, has appointed its former head of industrial real estate to be the new fund’s portfolio manager.

For Blackstone, two heads are better than one

Sharing roles can sometimes be a temporary arrangement, but the New York-based firm has good reasons for wanting to continue the dual leadership structure within its real estate business.

WATCH: Meyer Bergman’s Meijer tips private equity to play part in mega-mall M&A

The London-based retail real estate firm’s CEO believes firms with core or core-plus capital will examine the mega-mall sector if values continue to fall.

Korean investors to make riskier real estate bets in 2018

More than 50% of the delegates attending ANREV’s Korea conference want to increase their real estate investments, with a majority favouring value-add and debt investments.

Macquarie bolsters real estate investing arm with GLL buy

The acquisition gives Macquarie a ‘very solid base of core and core-plus’ in Europe and the Americas, with potential to expand into other geographies and risk strategies.

New York Life buys 40% Tristan stake leaving management in charge

While the US insurer has taken a strategic position, the London-based private equity real estate firm remains in the control of its management led by founder Ric Lewis.

In the event of an emergency, leave your real estate alone

Approximately $1.25trn was wiped from the value of US stocks on Monday alone, but way more damage would need to be inflicted before investors will be adjusting their bricks and mortar exposures.

Green Street: ‘Co-working trend has legs’

Despite Brookfield’s failed IWG bid, more real estate companies are likely to partner with serviced-office providers, said the research and advisory firm’s head office analyst.