Institutional Real Estate Newsline
January 30, 2012: Vol. 20, No. 5Buy For $65.00 Add to Cart
Blackstone Raises $6 Billion for Seventh Fund
The Blackstone Group has raised $6.1 billion for its latest real estate fund, Blackstone Real Estate Partners VII (BREP VII).
- SEB Launches Two Asian Property Funds
Related Cos. Holds $825 Million Final Close
Related Cos. has held a final close of $825 million for its Related Real Estate Recovery Fund.
PSERS Expands Real Estate Investments
The $51 billion Pennsylvania Public School Employees’ Retirement System (PSERS) has approved a new private markets and real estate investment program.
Pennsylvania SERS Board Approves $20 Million Commitment
The $25 billion Pennsylvania State Employees’ Retirement System (SERS) has committed $20 million to ValStone Opportunity Fund V.
Parmenter Buys Third Acquisition for Fund IV
Parmenter Realty Partners, on the behalf of its Parmenter Realty Fund IV, has acquired Brookhollow Plaza I, II and III, a class A, three-building, 806,000-square-foot office project in Houston.
- Ohio Police & Fire Makes First Timber Allocations
AXA Real Estate Raises €588.5 million
AXA Real Estate Investment Managers, a European real estate portfolio and asset manager, has held a final close of its pan-European development fund, Development Venture III (DVIII).
- AXA Real Estate Investment Managers Appoints Principal Contractor