Jonathan Brasse
Though there is €50 billion of equity ready to be deployed in European real estate this year, the amount has fallen by three quarters from 2007, according to Jones Lang LaSalle.
The San Francisco-based firm has expanded its investment in the US multifamily sector and in the process helped a Hawaii housing development stay affordable.
Ohio-based Legacy Capital Partners will pursue holding periods of as long as 15 years.
The Canada Pension Plan Investment Board reveals expansion plans for Asian real estate just as it announces a joint investment of $400m in a new China fund with Ontario pension fund.
The state’s public safety personnel pension has also approved new advisory contracts with ORG, StepStone and Capital Dynamics and announced $125 million in commitments to real estate and infrastructure funds.
The cash infusion is the third private equity investment in the Mumbai-based developer Lodha Group.