Research | Nov 7, 2017 Investors favor Germany over United Kingdom for commercial real estate by Andrea Waitrovich One in three, or 33 percent, commercial real estate investors have suggested that Germany is their preferred region to invest in, according to BrickVest.
Investors | Nov 7, 2017 CalSTRS selects RCLCO as new real estate consultant by Jody Barhanovich California State Teachers’ Retirement System’s investment committee has selected RCLCO as its new real estate consultant.
People | Nov 7, 2017 Klépierre promotes M&A head Deslandes to CIO by Andrea Waitrovich French shopping center REIT/SIIC Klépierre has promoted group head of mergers and acquisitions Cyrille Deslandes to the role of CIO as of Dec. 31.
Fundraising | Nov 7, 2017 Qualitas launches new senior debt fund by Jody Barhanovich Qualitas has launched a new senior debt investment vehicle, Qualitas Senior Debt Fund.
People | Nov 7, 2017 AXA Investment Managers – Real Assets announces senior appointments by Released AXA Investment Managers – Real Assets has strengthened its global management team with two senior appointments.
People | Nov 6, 2017 Mark DeCesaris to retire as CEO of W. P. Carey by Released W.P. Carey announced that Mark DeCesaris will retire as CEO and a member of the board of directors, effective December 31, 2017.
Investors | Nov 6, 2017 Oklahoma TRS commits $60m to Starwood opportunity fund by Jody Barhanovich Oklahoma Teachers’ Retirement System has committed $60 million to a fund managed by Starwood Capital Group.
Investors | Nov 6, 2017 Henderson Park and Hines form student JV by Andrea Waitrovich Henderson Park and Hines have formed a joint venture to pursue value-added investments in the European student accommodation sector.
Transactions | Nov 6, 2017 Patrizia buys retail portfolio for €205m from Redefine International by Andrea Waitrovich Patrizia Immobilien has acquired a German retail portfolio for €205 million ($238 million) from Redefine International.
Fundraising | Nov 6, 2017 Qualitas holds $230m final close for opportunity fund by Jody Barhanovich Qualitas has closed its latest opportunistic real estate fund.
GIC and Vicinity swap stakes in Sydney shopping malls worth A$1.1b by Andrea Waitrovich An affiliate of GIC, Singapore’s sovereign wealth fund, and Vicinity Centers have entered into an agreement to exchange stakes in malls in Sydney.
Transactions | Nov 6, 2017 M&G Real Estate acquires logistics assets in South Korea and Japan for $211m by Andrea Waitrovich M&G Real Estate Asia, the real estate fund management arm of M&G Investments, has acquired two logistics properties for a total sales price of $211 million.
Fundraising | Nov 6, 2017 CBRE Global holds $1b final close for Asia value-added fund by Jody Barhanovich CBRE Global Investors has held a $1 billion final closing for CBRE Asia Value Partners IV.
Real Estate | Nov 3, 2017 John B. Levy & Co. launches high-yield commercial mortgage debt performance index by Released Investment banking leader John B. Levy & Co. has unveiled a new version of the Giliberto-Levy Commercial Mortgage Performance Index.
Fundraising | Nov 3, 2017 Octopus Healthcare launches new evergreen healthcare fund by Andrea Waitrovich Octopus Healthcare has completed an initial fundraise of £82 million ($107 million) for its Octopus Healthcare Fund.
Investors | Nov 3, 2017 KCERA commits $50m to Brookfield real estate fund by Jody Barhanovich Kern County (Calif.) Employees’ Retirement Association has committed $50 million to a fund managed by Brookfield Asset Management.
Research | Nov 3, 2017 U.S. adds 261,000 jobs in October by Loretta Clodfelter The U.S. economy added 261,000 jobs in October, according to the Bureau of Labor Statistics, and the unemployment rate fell 10 basis points to 4.1 percent.
Transactions | Nov 3, 2017 Recent commercial real estate transactions by Roxy Rhodes Transactions reported this week included the sale of a Southern California logistics portfolio and an L.A. office.
Fundraising | Nov 3, 2017 TPG Capital targets $3b for opportunistic fund by Jody Barhanovich TPG Capital, a private equity investment firm, has plans to raise $3 billion for an opportunistic fund.
Transactions | Nov 2, 2017 Another SF waterfront billion dollar project receives approval by Andrea Waitrovich San Francisco Board of Supervisors has approved Forest City Realty Trust’s approximately $2 billion Pier 70 overhaul in San Francisco.
