| A major sovereign wealth fund and Hillwood, a real estate investment and development company owned by Ross Perot, Jr., announced the initial closing of a new fund to make direct and indirect investments in industrial real estate, principally large warehouses, across North America.
According to a release, Hillwood will have responsibilities for acquisitions, developments, and joint ventures with other developers. With an expected total equity amount of $400 million - over half of which has been identified and committed - the partnership is expected to deploy more than $1 billion over the next three to four years.....................................Full Article: Source
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