Research | Aug 19, 2019 Commercial real estate market picks up in Czech Republic by Kali Persall The Czech Republic commercial real estate market saw an increase in flow volume in the second quarter of the year, with $3.3 billion, according to research by Colliers International.
Fundraising | Aug 19, 2019 Harrison Street closes seventh opportunistic real estate fund at $1.3b by Kali Persall Alternative real asset investment firm Harrison Street has completed a final close of its seventh U.S. opportunistic real estate fund.
Transactions | Aug 19, 2019 GIC acquires 25.1% stake in Lendlease International Towers Sydney Trust by Released GIC, Singapore’s sovereign wealth fund, will acquire a 25.1 percent stake in Lendlease International Towers Sydney Trust.
Transactions | Aug 19, 2019 AEW acquires portfolio of two modern residential assets in Finland by Released AEW has acquired two modern residential apartment blocks located in the prime residential Helsinki Metropolitan Area (HMA) submarkets of Jatkasaari (Helsinki downtown) and Matinkyla (Espoo).
Transactions | Aug 19, 2019 NexPoint Residential Trust pays $384m for two apartment properties by Released NexPoint Residential Trust has entered into an agreement to purchase a 1,520-unit multifamily property located in Pembroke Pines, Fla.
Research | Aug 19, 2019 U.S. REIT industry grows steadily in Q2, debt ratio hits record low by Andrea Zander Earnings for U.S. equity REITs grew at 2.8 percent in the second quarter of 2019 over the prior quarter, according to the Nareit Total REIT Industry Tracker Series (T-Tracker®) report.
Investors | Aug 19, 2019 Asset managers should engage with government to create a “fairer” U.K. rental system by Marek Handzel Aberdeen Standard Investments has said that it is vital that asset managers engage with the U.K. government in order to shape a fairer rental system that reassures tenants and has a positive impact for “well-meaning” landlords.
Investors | Aug 19, 2019 EXCLUSIVE: CenterSquare acquires RCG Longview by Andrea Zander CenterSquare Investment Management has acquired RCG Longview.
People | Aug 19, 2019 Oxford Properties names COO by Released Oxford Properties Group has appointed Dean Hopkins as COO.
People | Aug 16, 2019 Anastasia Titarchuk appointed at CIO of New York State Common Retirement Fund by Kali Persall New York State Comptroller Thomas DiNapoli has appointed Anastasia Titarchuk as CIO of the $210 billion New York State Common Retirement Fund.
Investors | Aug 16, 2019 Charter Hall reveals A$700m partnership with Telstra by Released Australian real estate and private investment firm Charter Hall Group has formed a A$700 million ($474.4 million) partnership that will manage 37 Telco Exchange properties leased to Telstra Corp.
Transactions | Aug 16, 2019 San Francisco’s Transamerica building placed on the market with $650m price tag by Andrea Zander Transamerica Corp. and its parent company Aegon USA Investment Management are planning to put up for sale the iconic Transamerica Pyramid in San Francisco, local media outlets have reported.
Investors | Aug 16, 2019 CalPERS considers two in real estate investment consultant search by Kali Persall The $376 billion California Public Employees’ Retirement System is considering two finalists in its search for a real estate investment consultant.
Transactions | Aug 16, 2019 Danish pension fund buys DKK 500b land plots for residential development by Kali Persall Danish pension fund Lærernes Pension has purchased two plots of land in Nørresundby, a city in the North Jutlandic Island in Denmark, for DKK 500 billion ($74 million).
Transactions | Aug 16, 2019 Greystone secures $115m in financing for six-asset senior housing portfolio by Released Greystone, a commercial real estate lending, investment and advisory company, has provided $115 million in Freddie Mac and Fannie Mae Shariah financing for the acquisition of a six-asset senior housing portfolio.
Investors | Aug 16, 2019 OCERS earmarks $250m for noncore real estate strategies by Kali Persall The $16.3 billion Orange County (Calif.) Employees Retirement System (OCERS) has earmarked $250 million to commit to noncore real estate strategies for the 2020 fiscal year.
Investors | Aug 16, 2019 ArthaLand creates first Philippines JV by Andrea Zander Boutique property developer ArthaLand Corp. (ALCO) recently signed an agreement with Mitsubishi Estate Co., which is one of the largest real estate developers in Japan.
Transactions | Aug 16, 2019 Recent commercial real estate transactions by Lisa Yan Transactions reported this week include the sale of 26-property industrial portfolio.
People | Aug 16, 2019 Summit Healthcare REIT promotes CEO by Released Kent Eikanas has been promoted to the position of CEO of Summit Healthcare REIT, effective immediately.
Transactions | Aug 15, 2019 Blackstone looks to re-acquire Japanese property portfolio from Anbang Insurance by Kali Persall Blackstone is looking to buy back the $2.4 billion property portfolio that the firm sold to Anbang Insurance Group.