People | Apr 5, 2018 Robert Perry named leader of CBRE Strategic Partners U.S. fund series by Released CBRE Global Investors announced that Robert Perry has been promoted to leader of the CBRE Strategic Partners U.S. fund series.
Research | Apr 5, 2018 London resilient in the face of Brexit uncertainty by Marek Handzel Hodes Weill & Associates has said that many investors in London real estate view Brexit as a mere “speed bump” and that it will remain a top global destination for institutional capital over the next year as the U.K. gears up to leave the European Union.
Transactions | Apr 4, 2018 Brookfield Property Group sells interest in Denver office by Andrea Zander Brookfield Property Group has sold its 51 present interest in 1801 California, a downtown office tower in Denver, for $285.6 million.
Research | Apr 4, 2018 CMBS delinquency rate increases 4 bps in March by Jody Barhanovich The Trepp CMBS Delinquency Rate posted a rare increase in March.
Investors | Apr 4, 2018 New Mexico State considers $140m portfolio rebalance by Jody Barhanovich The $23.1 billion New Mexico State Investment Council is considering a proposal to rebalance its real estate and real return portfolio.
Fundraising | Apr 4, 2018 Starcrest closes second China real estate fund by Andrea Zander Starcrest Capital Partners has held a final close for its second fund.
Research | Apr 4, 2018 CBRE China: U.S./China trade tariffs — what does it mean for real estate? by Sam Xie, Head of Research, CBRE China On March 22, U.S. President Donald Trump signed an executive memorandum imposing tariffs as high as 25 percent on $60 billion-worth of Chinese exports to the United States. In response, on April 2, China announced retaliatory tariffs worth around $3 billion on a range of U.S. products
Investors | Apr 4, 2018 Sam Zell creates JV for Argentine real estate by Andrea Zander Sam Zell’s investment firm Equity International has created a partnership for Argentine real estate.
Investors | Apr 4, 2018 China injects $9.7b into Anbang by Andrea Zander China’s banking and insurance regulator has approved a $9.7 billion injection into Anbang Insurance Group.
Fundraising | Apr 4, 2018 Aberdeen launches first pan-European housing fund by Jody Barhanovich Aberdeen Standard Investments, a European real estate investment manager, has launched European Residential Property Fund.
Research | Apr 4, 2018 U.S. REITs rise 3.7% in March by Loretta Clodfelter REITs bounced back in March after a drop in February, but were down overall in the first quarter. REITs had a total return of 3.7 percent in March, according to the FTSE Nareit All Equity REITs Index, but the index was down nearly 6.7 percent in the first three months of the year.
People | Apr 4, 2018 Harrison Street Real Estate hires Albert Yang head of European investor relations by Released Harrison Street Real Estate Capital, a real estate investment firm, has hired Albert Yang as managing director and head of investor relations – Europe.
Transactions | Apr 3, 2018 Singapore REIT pays $103m on Germany data center by Andrea Zander Keppel DC REIT has purchased a data center in Offenbach am Main, Germany, for €84 million ($103.3 million).
Investors | Apr 3, 2018 Recent commercial real estate commitments by Loretta Clodfelter The largest commitment was a total of nearly $800 million allocated by the California State Teachers’ Retirement System to two investment managers.
Fundraising | Apr 3, 2018 CenterSquare launches new value-added fund by Jody Barhanovich CenterSquare Investment Management, a Philadelphia-based global investment manager, has launched a new real estate fund.
Fundraising | Apr 3, 2018 Blue Vista Capital raises $167m for real estate fund by Jody Barhanovich Blue Vista Capital Management, a Chicago-based investment management firm, has raised $167.2 million for its value-added real estate fund.
Transactions | Apr 3, 2018 FCP sells $302m apartment portfolio by Andrea Zander FCP has sold an 11-property multifamily portfolio, totaling 1,731 units, representing the largest group in its “Apartments of St. Charles” portfolio, for $302 million.
Transactions | Apr 3, 2018 StepStone completes acquisition of Courtland Partners by Jody Barhanovich StepStone Real Estate, a real estate investment firm, has completed its previously reported acquisition of Courtland Partners.
Transactions | Apr 2, 2018 Starwood bids $1b for Swedish property firm by Andrea Zander Starwood Capital Group, through an affiliate Goldcup 16466 AB (under name change to Starlight Residential AB), has announced a public cash offer to the shareholders in Victoria Park to tender all their shares to Starlight Residential for SEK 8.68 billion ($1 billion).
People | Apr 2, 2018 Starwood Capital Group hires two managing directors in asset management by Released Starwood Capital Group has appointed two senior additions to the firm’s asset management team.
