Evelyn Lee
US and Canadian investors comprised the largest share of cross-border purchases in the European property market in 2011, according to a new CBRE report.
The Chevy Chase, Maryland-based real estate emerging manager has brought on three new hires, including a principal who will be in charge of acquisitions on the West Coast for the firm’s first fund.
The Philadelphia-based private equity real estate fund manager has acquired a two-building, Class A office complex in Arizona on behalf of its latest real estate fund.
The $12.33 billion pension plan has agreed to invest up to $80 million to two real estate funds managed by Clarion Partners and Fortress Investment Group.
The real estate, infrastructure and real resources investment platform of Franklin Templeton Investments has recruited two new real estate-related staff, including its first real estate hire in London.
The real estate investment business of Deutsche Bank’s asset management division has continued to downsize its US opportunistic investments group in recent weeks, as the firm focuses more on investing in Europe
The New York-based private equity and real estate giant has clinched an additional $4 billion in commitments since January and is expected to raise a total of $12 billion by year’s end.
Fresh from striking a compromise with investors in its latest global real estate opportunity fund, the private equity real estate business of Morgan Stanley reportedly is gearing up to launch a new US-focused vehicle.
The joint venture with Westfield represents the $152.8 billion pension fund’s largest global real estate investment to date.
The Los Angeles-based real estate fund manager’s entry into the South American nation is part of a larger strategy to expand into other Latin American markets over the next two years.