Investors | Oct 5, 2017 DIC Asset AG launches sixth open-ended special AIF by Press Release DIC Asset AG, a German-based listed property company, has launched its sixth special AIF.
Transactions | Oct 5, 2017 QIC acquires additional interests in 10 U.S. regional malls for $3.2b by Jody Barhanovich QIC has plans to expand its Global Real Estate operation in the United States by acquiring additional interests of its joint venture partner, Forest City Enterprises (FCE), in 10 U.S. regional shopping malls on behalf of a QIC client.
Fundraising | Oct 5, 2017 Townsend raises $325m for real estate fund by Jody Barhanovich The Townsend Group has raised $324.7 million for Townsend Real Estate Fund.
Fundraising | Oct 5, 2017 Berkshire Group raises $502m for multifamily income fund by Jody Barhanovich Berkshire Group, a real estate investment management company, has raised $501.9 million for Berkshire Multifamily Income Realty Fund.
Investors | Oct 5, 2017 Virginia Retirement System commits $150m to farmland separate account by Jody Barhanovich The $74.4 billion Virginia Retirement System has committed $150 million to AgIS Capital to manage a farmland separate account, AgIS Farmland Separate Account.
Investors | Oct 5, 2017 Recent commercial real estate commitments by Loretta Clodfelter IREI’s FundTracker database captured 20 commitments to real estate funds in the past month.
Research | Oct 5, 2017 Germany benefits from wave of French investment as volumes climb to €1.5b by Press Release French investors have spent €1.5 billion ($1.76 billion) on German commercial property in the first half od 2017, up from €1.4 billion ($1.64 billion) in the same period in 2016, according to Savills.
Fundraising | Oct 4, 2017 Blackstone raises $4.9b for Asia-focused real estate fund by Jody Barhanovich Blackstone, the largest real estate private equity firm in the world, has raised $4.89 billion for its second Asia-focused real estate fund, Blackstone Real Estate Partners Asia II.
Research | Oct 4, 2017 Current state of the European economy and CRE: Situs report by Jody Barhanovich Situs, a global provider of strategic business solutions for the finance and commercial real estate industries, has released its Situs RERC Real Estate Report – European Edition.
People | Oct 4, 2017 Hasegawa joins Japan Post Bank Co. as executive director by Jennifer Molloy Tetsuya Hasegawa has been appointed executive director of Japan Post Bank Co., to bolster its real estate investment program.
People | Oct 4, 2017 Makena Capital hires University of Virginia’s Lawrence Kochard as CIO by Larry Gray Global asset management firm Makena Capital Management has named Lawrence Kochard as its chief investment officer.
Research | Oct 4, 2017 Key factors affect global capital flows into European commercial real estate by Jody Barhanovich Globally, capital flows into real estate remain very strong, with first half acquisition levels at $611 billion, matching those of 2016 and 2015, according to Colliers.
Investors | Oct 4, 2017 New Mexico SIC commits $75m to Exeter Europe venture fund by Jody Barhanovich The $22.6 billion New Mexico State Investment Council has committed $75 million to Exeter Europe Value Venture III.
Transactions | Oct 3, 2017 Lexington Realty Trust acquires industrial portfolio for $200m by Jody Barhanovich Lexington Realty Trust, a REIT focused on single-tenant industrial and office real estate investments, has acquired a three-property industrial portfolio for approximately $200 million.
People | Oct 3, 2017 J.P. Morgan Asset Management names J.D. Sitton head of client strategy, real estate Americas by Press Release J.P. Morgan Asset Management has appointment J.D. Sitton managing director, head of client strategy for J.P. Morgan Global Alternative’s Real Estate Americas platform.
Fundraising | Oct 3, 2017 AXA CoRE Europe open-ended fund exceeds €1b by Jody Barhanovich AXA Investment Managers – Real Assets (AXA IM – Real Assets) has now raised more than €1 billion ($1.17 billion) for its AXA CoRE Europe Fund since the fund launched in March 2016 with €500 million of commitments.
Fundraising | Oct 3, 2017 Catalyst holds €1b first close for European core-plus real estate fund by Jody Barhanovich Catalyst Capital has held a €1 billion ($1.17 billion) first close for its Catalyst Core Plus European Property Fund (CCPEPF), an evergreen real estate fund.
Fundraising | Oct 3, 2017 TH Real Estate holds $245m close for U.S multifamily housing fund by Jody Barhanovich TH Real Estate has closed CASA Partners VII (CASA VII), the seventh fund in a series of multifamily housing club funds.
Fundraising | Oct 3, 2017 H.I.G. Realty Partners launches new real estate fund by Jody Barhanovich H.I.G. Realty Partners, an affiliate of H.I.G. Capital, a global private equity investment firm, has launched H.I.G. Europe Realty Partners II.
Transactions | Oct 2, 2017 Forest City, QIC execute definitive agreements for regional mall portfolio by Jody Barhanovich Forest City Realty Trust and QIC have executed definitive agreements on 10 regional malls in which QIC will acquire Forest City’s ownership interest.