The Canadian pension is teaming up with UK REIT SEGRO to own a portfolio of industrial property in Continental Europe, with the aim of eventually building up a €2 billion portfolio.
The London-based real estate investment and fund management firm is preparing a club-style investment vehicle aimed at luxury residential properties in China and Japan.
The global property services firm has expanded in Asia with the acquisition of Singapore firm PSG, adding 70 staff and 14 offices to its existing regional project management division.
The industrial real estate operator and developer has acquired its investors’ 72 percent interest in the closed-ended property fund.
The UK property firm is set to pitch a $500 million investment club for luxury residential developments in China and Japan. PERE Magazine July/August 2013 issue.
The Indian infrastructure-focused fund manager is set to officially launch its $500 million real estate-focused fund in July.
Henderson’s deal with TIAA-CREF, which sees the assets and teams of the respective firms in Europe and Asia combined to form a new $19 billion global investment manager, has a lot to do with lack of scale.
TIAA-CREF’s union with Henderson isn’t just about expanding its global footprint. It’s also about cementing its status as a real estate investment manager.
Palmer Capital’s exit from the Big Orange Self Storage (BOSS) Partnership is expected to deliver a 24 percent-plus internal rate of return to limited partners.
The $5.8 billion retirement system would allocate 2 percent to 3 percent of its assets to opportunistic real estate.