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TPG Real Estate Fund II raises over $2 bln

2015-10-07 15:44:29| Trucking - Topix.net

TPG Real Estate said Wednesday that its second fund closed with over $2 billion of equity commitments. Investors of TPG Real Estate Partners II include public and private pension funds, sovereign wealth funds, insurance companies, and other institutional investors.

Tags: real estate real estate fund

 

How is the rise of co-working spaces shaping Philly's real estate market?

2015-10-07 14:56:48| Real Estate - Topix.net

One of the big recent commercial real estate storylines has been the steady growth in the number of coworking offices opening in greater Center City. Though the momentum seems to have slowed a bit with news that two of these spaces have fallen on hard times, a new report by Center City District, Philadelphia's Independent Economy: Implications for Office Space , lays out the facts about Philly's growing coworking environment.

Tags: real estate market rise

 
 

What Is Blackstone Going To Buy with its Latest $15.8 Billion Real Estate Fund?

2015-10-07 12:19:00| National Real Estate Investor

Mark Heschmeyer <news@costar.com> Blackstone held final close this past week on its latest global real estate fund, Blackstone Real Estate Partners VIII, and said that only 20% of the $15.8 billion it raised is already committed. And that raises the question. What is the world’s largest real estate investor going to do with the other $12.6 billion? Based on an assumed blended 65% leverage across its investments for its latest global real estate fund, BREP VIII’s uncommitted capital... read more

Tags: real buy estate latest

 

Montreal, Saskatoon real estate to lure foreign investors: report

2015-10-07 10:49:15| Real Estate - Topix.net

A new report on real estate trends says foreign investors may start looking beyond Toronto and Vancouver and begin targeting markets in Montreal and Saskatoon in the coming year. The report by PwC Canada and the Urban Land Institute says both foreign and domestic real estate investment will shift in 2016 from Western Canada, where falling oil prices are hurting growth, to the east, where the low loonie is boosting manufacturing.

Tags: real report estate foreign

 

Auction u-turn: Estate agent denies conspiracy

2015-10-07 07:45:41| Real Estate - Topix.net

Barfoot & Thompson agent Ricky Yap denies claims he was asked to cancel the auction for South Auckland property. Photos / Nick Reed / Supplied A woman being sued for reneging on the sale of her Otahuhu property came to this country as a refugee and believes her real estate agent "conspired" with the eventual purchasers to buy her home.

Tags: estate agent auction conspiracy

 

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