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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.
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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.
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
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.
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Man accused of stabbing real estate agent Vissa Esan to death after ...
2015-10-06 12:30:55| Real Estate - Topix.net
Man accused of stabbing real estate agent Vissa Esan to death after an argument told police he 'wanted to cut his head off' The man accused of fatally stabbing a Sydney real estate agent allegedly told police after the murder that he 'could have done worse' and 'wanted to cut his head off,' a court has heard. Adam Brewer, 33, pleaded not guilty to murdering father-of-one Vissa Esan, 47, after the pair were involved in an argument at a Pendle Hill real estate agency in March of last year that left Mr Esan with fatal stab wounds to the heart and arms.
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