CRPTF commits $350m to real estate funds

by Elise Mackanych

The Connecticut Retirement Plans and Trust Funds (CRPTF) has committed $350 million to real estate, according to an announcement by the pension fund.

Barings sells office property in central Stockholm

by Released

Barings, on behalf of a core European real estate strategy, has sold office property Härolden 44 in Stockholm.

Fetner Properties JV closes $209m acquisition of Brooklyn residential rental building

by Released

Fetner Properties, in partnership with MCB Real Estate and Farallon Capital Management, has announced the assumption of a ground lease and the acquisition of 240 Willoughby Street, a residential rental building, offering 463 units, 147 of which are designated for affordable housing, in Fort Greene, Brooklyn, N.Y.

United Kingdom to see 16% drop in publicly funded affordable home development during the next decade

by Marek Handzel

The United Kingdom will experience a 16 percent drop in publicly funded affordable residential development during the next decade — further compounding the need for private capital to help solve the country's housing crisis.