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CIM enters non-traded REIT space with $120m purchase

The private equity real estate firm’s acquisition of Cole Capital would provide access to retail capital and the opportunity to raise more products through Cole’s distribution channels.

Five investors that could go GGP shopping with Brookfield

The asset manager’s $14.8bn bid for the mall owner will likely be syndicated to investors. PERE examines the players who could pick up chunks of the retail REIT giant.

North Carolina nears one-year standstill on alternatives – Exclusive

The $96.1bn pension plan has not made any new real estate, private equity or credit commitments since the start of the year, while seeing a steady exit of investment staff.

PERE America: Blackstone’s Meghji highlights US focuses

Urbanization and technology underpin the firm’s real estate strategy, its head of Americas said at last week’s annual New York conference.

CalSTRS forms new US housing JV – Exclusive

The $215.3bn pension system is seeking to increase its national exposure to the residential sector through its new partnership with GTIS.

Gaw holds $250m first close for US fund

The Hong Kong-based firm launched the vehicle in the second quarter with a $350m target.

Brookfield closes BREF V at hard-cap – Exclusive

The Toronto-based alternative asset manager’s vehicle is on track to be the largest real estate debt fund to close this year.

Trump presidency top geopolitical worry for investors

Almost 70% of the 340 real estate institutional investors and investment professionals surveyed at ANREV’s annual conference cited the Trump presidency and populism as their key geopolitical concerns.

Brookfield’s $14.8bn GGP bid could be syndicated to institutional investors

The alternatives investor proposed buying the remainder of the retailer’s shares in a privatization that could see further institutional buy-in.

Basis in $180m initial close for debut RE fund – Exclusive

The New York-based woman- and minority-owned private equity real estate firm has received the backing of several major US pension funds.