Diverse riding experiences, a mild climate, and the unique southern-mountain flavor make upstate South Carolina a must-visit biking destination. Ride the quiet country roads, scale the epic climbs, bomb down the thunderous Paris Mountain State Park, or keep it fun at the Gateway Park skills course. Prefer a slower pace? Take a relaxing pedal down the Swamp Rabbit Trail, a 22-mile paved greenway trail connecting downtown Greenville with Travelers Rest, South Carolina.If you are riding bikes or planning any outdoor adventure in upstate South Carolina, check out The Swamp Rabbit Inn for unique, bike-friendly lodging. Rent a room at their modern B&B in downtown Greenville, a southern foodie paradise and one of the South’s liveliest downtowns. Or stay at their second location in the hip mountain town of Travelers Rest.The two locations are equal parts eclectic and timeless. With modern European-style decor and big Southern porches, the Swamp Rabbit is a positively charming base to launch all sorts of adventures.You can also choose from any of the Swamp Rabbit Inn’s six vacation rentals along the Swamp Rabbit Trail. They cater to cyclists with bike stands in the rooms. Their Cycling Greenville SC guidebook and mobile app maps out 20 great rides in the area, including local tips and suggestions to get the most out of your stay. Bring your own bikes or rent directly from the inn.The Greenville location hosts a number of can’t-miss events, including the Swamp Rabbit Music Festival in September. During the summer, chow down on local food trucks, sample craft beers and wine, and jam to some of the area’s best musicians at Truck Inn Tuesdays.From Swamp Rabbit Inn TR, you’re just a short walk to Sidewall Pizza, Swamp Rabbit Brewery, Sunrift Adventures, and Tandem Creperie.Looking to plan more cycling adventures? Check out our new bike-friendly lodging marketplace at bikeinnbikeout.com and swamprabbitinn.com.
OTPP, which as of year-end 2013 had CAD139bn (€94.4bn) of net investments, has a 22% allocation to real estate.Investments are made through the plan’s Cadillac Fairview subsidiary, which has a North American portfolio of more than CAD23bn.In the UK, OTPP has invested in the country’s HS1 high-speed rail link between London and the Channel Tunnel.Private equity firms PAG Asia and TPG, meanwhile, have both previously invested in the real estate sector.TPG has closer ties to Canadian institutional money, having worked with Ivanhoe Cambridge, the real estate arm of the Canadian pension fund Caisse de dépôt et placement du Québec.The firm, which has invested in real estate since 2009, has also run separate accounts for New Jersey’s state pension fund.It has recently targeted distressed property in Europe.PAG’s Real Estate division manages opportunity and core-plus property funds in Japan and China and across Asia-Pacific.The firm has made both direct and indirect investments in opportunistic, value-added and core-plus real estate.DTZ’s strength in Asia has been noted in previous years by observers, making it an attractive proposition to those looking to increase exposure to the Asia-Pacific region. Ontario Teachers’ Pension Plan, TPG Capital and PAG Asia have agreed a AUD1.2bn (€832m) cash offer to buy property advisory company DTZ.DTZ’s current owner, Australian services firm UGL, said it expected the deal to close in September, resulting in DTZ to change ownership three times in as many years.Prior to going into administration in 2011, DTZ was 52% owned by Saint Georges Participations, controlled by the French Mathy family.UGL managing director and chief executive Richard Leupen said the decision to sell DTZ was due to diverging operational and strategic priorities and financial requirements.