James Comtois
The New York-based developer-cum-fund manager has acquired Tour Pacific in Paris’ La Défense business district for $283 million.
The $5.95 billion pension system has contributed a total of $60 million to closed-ended vehicles managed by Invesco and Long Wharf.
The New York-based investment firm has purchased 100-104 Fifth Avenue from a partnership between the Kaufman Organization and Invesco Real Estate.
As part of its plan to buy €2.4 billion of stabilized industrial assets in Europe, a venture between the manager of Norway’s sovereign wealth fund and Prologis Europe has bought 11 distribution assets in the UK from LondonMetric Property.
Lee Neibart of AREA Property Partners talks with PERE about becoming part of Ares Management.
The real estate investment arm of the Caisse de dépôt et placement du Québec has purchased the Wells Fargo Center in Seattle’s financial district as part of its partnership with Callahan Capital Properties.
The New York investment bank, along with a Dubai-based investment firm, are selling a 40 percent stake in 767 Fifth Avenue in a deal that eclipses Carlyle’s recent sale of 650 Madison.
In the largest single-asset purchase in the US in more than two years, the Washington DC-based private equity firm has sold a trophy office and retail tower in midtown Manhattan to a joint venture between Crown Acquisitions and Highgate.
The state’s municipal retirement plan approved two commitments of $100 million each to Blackstone’s first Asia-focused fund and its latest real estate debt fund.
The Denver-based investment firm will make value-added investments in all property types across the US on behalf of the $62.2 billion pension plan’s new account.