IREN, our premium news service that provides exclusive, original, breaking news to subscribers, ended the first quarter with 168 original IREI stories. During the month of March the IREN editorial team wrote 60 stories, almost beating January’s total of 63 original stories.
Some billion-dollar headlines you may have missed so far this year include:
- January 10, 2014 – Rialto raises $1.3b for second debt fund
Rialto Capital Management has announced a $1.3 billion final close for its Rialto Real Estate Fund II, exceeding its $950 million target. - January 23, 2014 – Chinese investors’ international spending increases to $7b in 2013
Chinese international investment activity has increased by 124 percent to $7.6 billion in 2013, according to research from Jones Lang LaSalle. - January 24, 2014 – Macquarie infrastructure fund nears $2b fundraising goal
Macquarie Infrastructure Partners III, the latest North America-focused fund offering from Australia’s Macquarie Group, has raised $1.89 billion, according to a filing with the SEC. - January 31, 2014 – Tristan Capital fund holds €950m close
Tristan Capital Partners has announced the final equity raise for its European Property Investors Special Opportunities 3 at €950 million ($1.3 billion), exceeding its original target by 25 percent. - February 11, 2014 – IN-DEPTH: Senior Housing Properties pays $1b for Boston properties
Senior Housing Properties Trust has agreed to acquire two office buildings located in Boston. - February 13, 2014 – MassPRIM sets aside $1b for real estate and timber in 2014
The Massachusetts Pension Reserves Investment Management Board will invest an estimated $550 million net into real estate and $500 million into timberland as a part of its 2014 investment plan. - February 12, 2014 – Lone Star launches ninth global debt fund
Lone Star Funds has launched a ninth global debt fund with a $7 billion fundraising goal, according to a filing with the SEC. - February 19, 2014 – U.S. investors plan $48b in real estate commitments
U.S. investors plan to invest $48 billion in real estate in 2014, according to the preliminary results of Institutional Real Estate, Inc. - February 20, 2014 – Blackstone’s Asian fund nears $4b fundraising goal
The Blackstone Group raises an additional $405.5 million for its first Asian exclusive fund. - March 25, 2014 – Walton Street holds $1.4b close for Fund VII
Walton Street Capital has held a final close for its seventh fund on Feb. 28. The firm raised $1.4 billion for its Walton Street Real Estate Fund VII. - March 27, 2014 – Post-crisis funds hold billion-dollar final closes
Three years after the global financial crisis, fund managers started marketing new vehicles with billion-dollar plus targets. A number of billion-dollar final closes were announced from 2012 to the start of 2014. - March 28, 2014 – Blackstone holds $7b close
The Blackstone Group has raised $7 billion for its fourth European real estate fund, making it one of the largest dedicated European real estate funds. - April 4, 2014 – Carlyle Group raises $1b for its seventh fund
The Carlyle Group has raised $1.13 billion for its Carlyle Realty Partners VII, according to a filing with the SEC.
The second quarter has only just started. I expect more billion-dollar coverage to come in the near future.
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Andrea Waitrovich is editor of IREN and web content editor at Institutional Real Estate, Inc.
