Texas ERS reports 9.9% total fund return for FY 2018
The $37.8 billion Employees Retirement System of Texas has reported a 9.9 percent total fund…
Perennial Capital Advisors launches next real estate fund
Perennial Capital Advisors, an independent investment management firm based in Boston, has put its next real estate…
Recent commercial real estate transactions
Transactions reported this week included two portfolio acquisitions. Blackstone has agreed to pay approximately $950…
Real estate offers Africa opportunity to deploy global capital on a much larger scale
To deploy global investment on a significant scale Africa needs to develop the domestic conditions to absorb the much higher levels of global real estate investment currently considering Africa, according to Standard Bank.
Europe’s non-listed funds expense ratios highlight industry transparency
The 2018 INREV Management Fees & Terms Study highlights Europe’s non-listed real estate industry’s dramatic leap in transparency, achieving a record response rate from members of INREV — the European Association for Investors in Non-Listed Real Estate Vehicles.
BREIT completes $1.2b student housing portfolio acquisition
Blackstone Real Estate Income Trust (BREIT) has completed the previously announced acquisition of the EdR…
Greenland signs $14.6b Suzhou project to merge AI with apartments
Greenland Group has signed a strategic cooperation agreement with the Suzhou government to invest more…
Japan’s GPIF awards its first global real estate mandate
Japan’s ¥156 trillion ($1.43 trillion) Government Pension Investment Fund (GPIF) has awarded its first global…
Healthy economic momentum and elevated consumer confidence boost travel expectations for 2018
Rising travel predictions favor hotel sector, according to Marcus & Millichap’s third quarter 2018 report. Healthy economic momentum and elevated consumer confidence levels have boosted travel expectations for 2018.
Outlook positive for Asia Pacific prime office rents
Improving economic growth prospects in Asia Pacific supported the region’s prime office markets during second quarter 2018.