People | Apr 13, 2018 CalPERS names Elisabeth Bourqui COIO by Released Elisabeth Bourqui has been selected as chief operating investment officer (COIO) for the $351 billion California Public Employees’ Retirement System.
People | Apr 13, 2018 Industry Super Australia CEO departs by Andrea Zander Industry Super Australia (ISA) chief executive, David Whiteley, is stepping down to take up a new global position with IFM investors.
Investors | Apr 13, 2018 New global student property platform launched by Knight Frank by Andrea Zander Knight Frank has a student property service line, concentrating on Europe, the Middle East and Africa, Asia Pacific, and the United States as key investment hubs.
Investors | Apr 13, 2018 Virginia commits $75m to real estate fund by Jody Barhanovich The $78.3 billion Virginia Retirement System has committed $75 million to a fund managed by Artemis.
Research | Apr 13, 2018 Record levels of Asian investment into European real estate set to continue in 2018 by Andrea Zander The majority (67 percent) of real estate professionals expect the volume of Asian investor capital entering the European real estate market to increase over the next two years, according to a new report commissioned by Intertrust, a global provider of high-value fund, trust and corporate services. In contrast, just 7 percent of respondents think that volumes will fall.
Transactions | Apr 13, 2018 Recent commercial real estate transactions by Roxy Rhodes Transactions reported this week included a portfolio acquisition and an office property.
Research | Apr 13, 2018 Melbourne beats Sydney as the top Australian city for investment by Andrea Zander Investor appetite for Asia Pacific real estate remains robust, according to CBRE’s 2018 Asia Pacific Investor Intention Survey.
Transactions | Apr 13, 2018 Majority stake in Virginia office complex sells for $244m by Andrea Zander The Meridian Group has sold a 95 percent majority interest in the three-building complex in Tysons, Va., to MetLife Investment Management.
Transactions | Apr 13, 2018 BT pension scheme sells £250m Hermes stake to U.S. fund by Andrea Zander BT Pension Scheme (BTPS) has sold a 60 percent stake in U.K. asset manager Hermes Fund Managers to U.S.-based Federated Investors.
Transactions | Apr 13, 2018 Klépierre walks away from £5b offer for Hammerson by Andrea Zander The French shopping center company Klépierre said it does not intend to make its £5.04 billion ($7.18 billion) formal offer for Hammerson.
Fundraising | Apr 13, 2018 CenterSquare holds $100m first close for value-added fund by Jody Barhanovich CenterSquare, a global investment manager focused on actively managed real estate and infrastructure strategies, has held a first close.
Transactions | Apr 12, 2018 Asia Radiant JV enters Singapore’s residential market by Andrea Zander Asia Radiant, an entity jointly held by MCL Land and Yanlord Land Group, has acquired the freehold residential property Tulip Garden for $692 million.
Research | Apr 12, 2018 Apartments become one of the most in-demand property types by Jody Barhanovich With homeownership rates sagging over the past 11 years thanks to shifts in demographic trends, apartments have become one of the most in-demand property types, reports Trepp.
Investors | Apr 12, 2018 San Francisco commits €50m to real estate by Jody Barhanovich The $24 billion San Francisco City & County Employees’ Retirement System has committed €50 million ($61.5 million) to a value venture real estate fund.
Transactions | Apr 12, 2018 Retail: Trump meeting with CEOs, more bankruptcies, auctions by Andrea Zander The National Retail Federation's CEO Matthew Shay and several retail CEOs on the NRF Executive Committee, including Christopher Baldwin, BJ's Wholesale Club CEO and chairman of the NRF Board of Directors, met with President Trump and other senior administration officials at the White House Wednesday to discuss issues facing the retail industry.
Fundraising | Apr 12, 2018 Children’s Investment Fund raises $1.3b for new debt fund by Jody Barhanovich The Children’s Investment Fund Management, a U.K.-based investment manager, has raised $1.338 billion for its new fund, TCI Real Estate Partners Fund III.
Research | Apr 12, 2018 Office fringe markets in Sydney and Melbourne outperform CBDs by Andrea Zander Office fringe markets in Melbourne and Sydney recorded stronger rental and capital value growth than their respective CBD markets in the 12 months to March 2018, according to Savills Australia’s latest research.
Research | Apr 12, 2018 Capital raised for real estate investment increases by 25% by Andrea Zander Approximately $160.2 billion in new capital was raised globally by real estate investment managers in 2017, a 25 percent increase on 2016, according to the 2018 Capital Raising Survey, published by ANREV, INREV and NCREIF.
Investors | Apr 12, 2018 GNL looks to re-start acquisitions in Europe by Marek Handzel Global Net Lease (GNL), the U.S. REIT, is set to re-start an acquisition program in Europe.
People | Apr 11, 2018 Michael Seton assumes role of CEO at CVREIT and CVREIT II by Jody Barhanovich Carter Validus Mission Critical REIT, Inc. (CVREIT) and Carter Validus Mission Critical REIT II, Inc. (CVREIT II) have each announced that Michael Seton has assumed the title and role of chief executive officer.
