Russell Investments’ annual survey has found investors plan to increase allocations to real estate over the next two years, but have the highest return expectations for private equity among alternative asset classes.
The Dutch firm has launched a second fund with a target of $400m.
The private equity real estate division of Blackstone has yet to reach a final close, but its commitments to date mean the New York alternatives giant now controls the largest funds in both private equity and private equity real estate.
The world’s largest privately owned real estate services firm has hired Nigel Pedroz from HSBC bank to focus specifically on indirect real estate advisory work.
Pramerica Real Estate Investors says it has formed a joint venture investment partnership with Big Yellow Group to develop and operate self-storage units throughout the Midlands, Northern England and Scotland.
The Irish firm is planning a large-scale development at Central Europe’s largest lake in joint venture with a local operator.
The group, owned by Sheffield United owner Kevin McCabe, will list its China fund with an expected development value of some £845m on the Hong Kong Stock Exchange.
Following a string of healthcare-related private equity real estate deals this year, New York-based alternative investment firm Angelo Gordon has acquired a provider of home healthcare and nursing services in the US.
The firm has launched a global real estate securities fund for Taiwanese investors, investing in REITs globally.
In their first foray outside of the European property market, the London-based firm has partnered with an Indian family business to offer funds investing in development in India.