The private equity real estate firm hires former DTZ executive to capitalize on the growing secondaries and fund of funds market in Europe.
The insurance company’s real estate investment arm, PRUPIM, has appointed a former retail executive to boost the performance of their business parks and shopping centers.
A survey suggests that financial chaos from the US is affecting real estate investment in Asia, though investors are still keen to access the region for the growth and diversification it offers.
The world’s second largest sovereign fund’s recently launched capital strategies group will invest five percent of its assets in private real estate deals, but says private equity is ‘not part of the investment universe’.
The $39bn fund, which manages income from the state’s oil and mineral resources, has also cut its domestic equity and fixed-income exposure.
The $39.2 billion fund, which manages income from the state’s oil and mineral resources, has also cut its domestic equity and fix-income exposure.
PERE reveals 10 private equity real estate fund managers to watch.
The Dutch firm is to buy two Korean supermarkets for $124m.
The Canada Pension Plan Investment Board has tapped former Goldman Sachs rainmaker Alain Carrier to lead private investments from its second international office opened this year.
The $41.7bn retirement system expands its emerging managers program to include private equity and real estate firms, allocating 10 percent to the asset classes.