The Danish multi-manager has attracted €153 million from four investors for its latest global fund of funds offering.
A package of nearly 7,600 residential units occupied by workers at EDF nuclear power plants has been sold to a new investment vehicle called Powerhouse France, created by fledgling firm TwentyTwo Real Estate.
Korean capital buying international properties reached $5 billion in just the first half of 2013, in a trend that looks set to continue as Korean institutions seek higher yields, according to a study by Jones Lang LaSalle.
The fund management arm of the New York-based developer has teamed with the JP Morgan Asset Management subsidiary to originate high-leverage debt for US real estate projects.
The head of Americas property research at Aberdeen is joining the US life insurance giant’s growing real estate division.
Chinese authorities have completed feasibility studies on REIT regulations bringing the long anticipated investment vehicles a step closer to arriving.
The private equity real estate investment arm of Bogota-based property developer Terranum has completed fundraising for its first investment vehicle, which will pursue residential and retail projects in Peru, Colombia and Mexico.
New ‘powerhouse’ created as TIAA-CREF combines its Asia and Europe property business with that of Henderson Global Investors. The transaction, which also includes TIAA-CREF buying Henderson’s US business, is valued at $176.6 million.
The Atlanta-based fund manager is expanding into Europe. Once the firm gains a foothold in the UK and Ireland, it eventually plans to expand into France and Germany.
London-based Hermes Real Estate Investment Management led by Chris Taylor has hired a seasoned debt expert for its nascent real estate debt programme.