Transactions | Dec 6, 2017 Hines announces partnership with Tata Housing in India by Andrea Waitrovich Hines has entered into a partnership with India-based Tata Housing, to invest $23 million toward the development of India’s first wellness homes project — Serein.
People | Dec 6, 2017 Graeme Torre joins APG Asset Management by Andrea Waitrovich APG Asset Management has appointed Graeme Torre as a managing director to lead its private real estate business in the Asia Pacific.
Investors | Dec 6, 2017 Arkansas allocates up to $25m to debt fund by Jody Barhanovich Arkansas Teacher Retirement System has committed up to $25 million to a real estate fund managed by Torchlight Investors.
Fundraising | Dec 6, 2017 Encore Enterprises launches multifamily real estate fund by Jody Barhanovich Encore Enterprises, Inc., has launched a new real estate fund that will target the U.S. multifamily sector.
Transactions | Dec 5, 2017 Blackstone Group buys stake in Lower Manhattan office for $1.55b by Andrea Waitrovich The Blackstone Group to buy a 49-percent stake in One Liberty Plaza in Lower Manhattan from Brookfield Property Partners for $1.55 billion.
Transactions | Dec 5, 2017 Industrial Outdoor Ventures closes on largest managed truck and trailer parking lot in U.S. by Released Industrial Outdoor Ventures has acquired the largest managed truck and trailer parking lot in the United States from Norco Trucking Corp.
Research | Dec 5, 2017 CMBS delinquency rate drops 3 bps in November by Jody Barhanovich The Trepp CMBS Delinquency Rate fell modestly in November, marking the fifth straight month in which the reading has dropped.
Transactions | Dec 5, 2017 Chinese investor buys Canary Wharf tower for £270m by Andrea Waitrovich Cheung Kei Group has acquired 5 Churchill Place in Canary Wharf from Said Holdings for £270 million ($360 million).
Transactions | Dec 5, 2017 Lane Partners buys San Jose complex for $225m by Andrea Waitrovich Lane Partners has acquired Brocade Communications’ corporate headquarters in San Jose for $225.5 million.
Investors | Dec 5, 2017 University of Michigan commits $40m to real estate fund by Jody Barhanovich The Regents of the University of Michigan has committed $40 million to a fund managed by Cypress Real Estate Advisors.
Transactions | Dec 5, 2017 Patrizia sells €200m Dutch residential portfolio by Andrea Waitrovich Patrizia Immobilien AG has sold a 61-property residential portfolio in the Netherlands for €200 million ($236 million).
Research | Dec 5, 2017 Seattle’s record multifamily supply cannot keep up with housing demand by Jody Barhanovich With more than 1,100 residents moving to the Puget Sound weekly, the Seattle area is the ninth fastest-growing metro in the nation.
Transactions | Dec 5, 2017 GIC buys office in Brisbane for $281m by Andrea Waitrovich Singaporean sovereign wealth fund GIC has acquired the 41-story Santos Place tower in Brisbane, Australia.
Investors | Dec 5, 2017 Deutsche Asset Management to use DWS as global umbrella brand by Released Deutsche Asset Management announced it will introduce DWS as its new global brand.
Research | Dec 5, 2017 Dubai breaks into Top 30 Global Cities ranking for the first time by Andrea Waitrovich Dubai has broken into the Top 30 in a Global Cities Ranking produced by JLL, placing 27th, moving up from 36th in 2016.
Research | Dec 5, 2017 Bangalore leads as the number one IT hub by Andrea Waitrovich India has taken over from China as home to the world’s most dynamic cities, according to JLL’s fourth annual City Momentum Index 2017.
Transactions | Dec 5, 2017 LaSalle completes development of Logiport Icheon in South Korea by Released LaSalle Investment Management has completed the development of Logiport Icheon, a modern logistics warehouse located in Icheon, south of Seoul.
Investors | Dec 5, 2017 Recent commercial real estate commitments by Loretta Clodfelter IREI’s FundTracker captured 14 real estate commitments in the past month.
Transactions | Dec 4, 2017 Harbor Group International acquires $1.8b apartment portfolio by Jody Barhanovich Affiliates of Harbor Group International, a private real estate investment and management firm, have acquired a 25-property, 9,677-unit multifamily portfolio spanning five major U.S. metropolitan areas from affiliates of Lone Star Funds.
People | Dec 4, 2017 CalPERS’ COIO Wylie Tollette leaves investment office by Press Release Wylie Tollette, chief operating investment officer for the $345 billion California Public Employees’ Retirement System, is leaving the pension fund to return to mutual fund giant Franklin Templeton Investments.
