Dodge Momentum Index climbs during month of July
The Dodge Momentum Index, a monthly measure of the initial report for nonresidential building projects…
U.S. hotel performance shows higher occupancy and room rates from previous week
U.S. hotel occupancy declined 34.5 percent year-over-year to 48.9 percent during the week of July…
Oklahoma Teachers puts noncore real estate manager search on hold
The Teachers’ Retirement System (TRS) of Oklahoma has decided to suspend its current selection of…
Hammerson sells 50% stake in VIA Outlets
Dutch pensions manager APG said Thursday that it has agreed to purchase U.K. real estate company Hammerson’s remaining 50 percent stake in their joint venture investment fund VIA Outlets for €301 million ($356 million), giving APG a majority stake.
Yanlord and GIC sign agreement to co-invest up to $1b in China
Yanlord Land Group has partnered with Singapore’s sovereign wealth fund GIC to jointly develop integrated commercial and residential property projects in high-growth cities across China for seven years.
Shop Talk: Single-family housing market catches fire, while the apartment sector starts to cool
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Green light for $9b Can Gio Tourist City development in Vietnam
The Vietnamese government has approved the $9.3 billion Can Gio Tourist City project, a residential…
Prime residential markets react to changes in lifestyles and economic conditions
Prime residential city markets around the world tend to prove more resilient than the wider…
Illinois TRS executive director vacates position
The $51.2 billion Teachers’ Retirement System of the State of Illinois (ITRS) said on Aug.…
Host Hotels & Resorts ends second quarter with $2.5b of available liquidity
On its second quarter results call on July 31, Host Hotels & Resorts Inc., the nation’s largest lodging REIT, said it has the ability to acquire $1.5 billion of assets using existing liquidity while maintaining certain minimum liquidity requirements.
Mack Real Estate Credit Strategies holds final close on real estate debt fund
Mack Real Estate Finance (MREF) and its co-investment vehicles have raised a total of $900 million of capital for opportunistic credit, mezzanine lending, preferred equity and special situations in the commercial real estate sector. MREF is managed by Mack Real Estate Credit Strategies.