Fundraising
Forum Investment Group announces the closing of its private credit strategy at $226m
Forum Investment Group announced the final close of one of its investment vehicles specializing in…
Investors
Texas TRS commits more than $300m to real estate in September
The $203.7 billion Teacher Retirement System (TRS) of Texas has made three commitments to new…
Transactions
Koramco sells Seoul office building to Samsung SRA for $820m
Kocref No. 43 REIT, a private REIT of South Korean fund manager Koramco Asset Trust,…
Transactions
Ares Management Corp. to acquire GCP International
Ares Management Corporation (Ares) announced that it has entered into a definitive agreement to acquire the international business of GLP Capital Partners Limited and certain of its affiliates, excluding its operations in Greater China (GCP International), and existing capital commitments to certain managed funds, in a transaction valued at $3.7 billion.
Investors
CalSTRS real estate portfolio outperforms benchmark
The California State Teachers' Retirement System (CalSTRS) released its latest semiannual performance reports to the pension fund’s investment committee in September, summarizing the performance of its real estate strategy during the six-month period ending March 31.
Resource Center
Harrison Street’s Mike Hochanadel on identifying optimum markets for data center development and the crucial role of partnerships
Glossary, videos, podcasts, research in the Resource Center
People
Vantage Data Centers welcomes Jeremy Deutsch as president of APAC
Vantage Data Centers announced that Jeremy Deutsch has joined the company as president, Asia Pacific.…
Research
U.S. adds 254,000 jobs in September
Total nonfarm payroll employment increased by 254,000 in September, higher than the average monthly gain…
People
Nuveen Real Estate appoints Morten Olesen as head of housing and alternatives in Germany
Nuveen Real Estate announced the appointment of Morten Olesen to the role of senior director,…
Investors
AEW secures European value-add mandate from German pension fund
AEW has been awarded a new discretionary separate account mandate from a German pension fund for the establishment of a value-add real estate portfolio.
Fundraising
Harrison Street holds $2.5b final close for ninth U.S. opportunistic fund
Harrison Street announced the final close of its ninth U.S. opportunistic real estate fund, Harrison Street Real Estate Partners IX and its associated co-investment vehicles (Fund IX or the fund), securing approximately $2.5 billion in equity commitments.