The Singapore-listed logistics real estate developer has just signed a deal with BMW to develop an 807,000-square-foot distribution center in Shanghai for the car company.
The $165 billion pension plan expects to evaluate more value-added and core real estate opportunities outside the US, as part of a continuing effort to pursue lower-risk property investments.
The Toronto-based pension plan and Sydney-based logistics developer have increased their allocation to their China joint venture by $500 million altogether, bringing its total equity to $1.5 billion.
Only a small minority of financial executives at private equity real estate firms receive seven figures or more in total cash compensation, according to a survey presented by executive search firm Sousou Partners.
The reform will allow private fund managers to advertise fundraising efforts under the condition they disclose more data to the commission.
A presentation on tax reform and tax policy developments illustrated the multitude of issues facing property firms and investors, as well as the lack of movement on a number of proposed solutions.
Cheer for managers of private real estate funds as Korean investors responsible for $500 billion of assets indicate in an ANREV-led survey they will increasingly seek investments in overseas closed-ended funds and investment clubs at the expense of joint ventures.
The San Francisco-based private real estate investment firm will inject fresh capital into the development of two office buildings within a vast mixed-use community owned by Deutsche Asset & Wealth Management and Endeavor Real Estate Group.
The Boston-based real estate investment manager has sold its interest in two US hotel properties, both of which the firm acquired two years ago on behalf of its third real estate fund.
Stockholm-based private equity real estate firm Andersson Real Estate Investment Management has earned fresh commitments from two more LPs to take its final capital tally for AREIM Fund II to €324 million at the final close.