Institutional Real Estate Newsline
August 9, 2010: Vol. 18, Number 30Buy For $65.00 Add to Cart
Brookfield Properties Plans to Invest in Australia Office Property
Brookfield Properties is planning to invest more than $1.4 billion in 16 offices across Australia held by Brookfield Asset Management and reposition itself into a global, pure-play office property company.
Pirelli Real Estate Launches Two New Funds in Italy
Pirelli & C. Real Estate SGR’s asset management unit has launched two new real estate funds, Anastasia and Monteverdi, with a combined market value of more than €400 million ($530.9 million).
Red Stone Rolls Out Multifamily Bond Fund
Red Stone Partners, a New York City–based real estate investment company, has launched a $250 million investment fund to acquire fixed-rate, tax-exempt multifamily housing bonds.
Tetragon Joins Ex-MSREF Trio to Form New Property Firm
Sonny Kalsi, John Carrafiell and Fred Schmidt, a trio of former Morgan Stanley real estate investing heads, have formed a new property firm, GreenOak Real Estate, with $110 million of backing from Dutch-listed company Tetragon Financial Group Ltd.