Real Estate | Mar 8, 2018 MetLife reveals plans for major redevelopment in Midtown Atlanta by Jody Barhanovich MetLife Investment Management, the institutional asset management business for MetLife, has revealed plans to move forward with a major mixed-use redevelopment project at 17th, West Peachtree and Spring Streets in Midtown Atlanta.
Transactions | Mar 8, 2018 Singapore’s ARA Asset Management to acquire 19.5% in Cromwell by Andrea Zander ARA Asset Management has agreed to acquire a 19.5 percent stake in Cromwell Property Group.
Transactions | Mar 7, 2018 Pareto establishes listed grocery anchored real estate specialist by Andrea Zander Finland-based Cibus Nordic Real Estate AB, a newly established company, has acquired grocery-anchored real estate assets.
Fundraising | Mar 7, 2018 Emet Capital launches new debt fund by Jody Barhanovich Emet Capital Management, a private equity real estate firm that invests in distressed debt secured by affordable housing, has launched a new debt fund.
People | Mar 7, 2018 Hugh Elrington joins Barwood Capital by Andrea Zander Barwood Capital, the Northampton, U.K.–based real estate investment and development business, has appointed Hugh Elrington as a board director and head of property.
Investors | Mar 7, 2018 California retirement system commits $54m to U.S. debt fund by Jody Barhanovich The $2.1 billion Stanislaus County (Calif.) Employees’ Retirement Association has committed $54 million to a value-added, open-end fund.
Fundraising | Mar 7, 2018 PfP Capital launches £550m BTR fund by Andrea Zander PfP Capital has launched a new fund with a £550 million ($764 million) fundraising goal.
People | Mar 7, 2018 HSBC Alternative Investments appoints head of real estate investment by Andrea Zander HSBC Alternative Investments Limited (HAIL) has appointed Tim Williams as head of real estate investment.
Investors | Mar 7, 2018 Ivanhoé Cambridge invests in Peel Logistics Property by Andrea Zander Ivanhoé Cambridge has made a strategic investment in Peel Logistics Property joining Macquarie Capital, Peel Group and management as shareholders in the company.
Transactions | Mar 7, 2018 China Vanke pays $281m for property assets by Andrea Zander China Vanke Co. has acquired real estate assets worth CNY1.78 billion ($281 million) from state-owned Hangzhou Iron & Steel Group Co.
Investors | Mar 7, 2018 University of Missouri seeks general investment consultant by Jody Barhanovich The University of Missouri System is searching for a general investment consultant.
Fundraising | Mar 7, 2018 Barwood Capital holds £76m close on 2017 Property Fund by Jody Barhanovich Barwood Capital, the Northampton, U.K.–based real estate investment and development business, has closed its 2017 Property Fund with £76 million ($105 million), exceeded its fundraising target.
Transactions | Mar 6, 2018 Blackstone to sell Manhattan office for $640m by Andrea Zander Savanna has entered a contract to buy the office tower 5 Bryant Park for $640 million.
Fundraising | Mar 6, 2018 MAPFRE partners with GLL to launch €300m office investment vehicle by Andrea Zander MAPFRE has partnered with GLL to launch a co-investment real estate vehicle to invest in prime offices in Europe.
People | Mar 6, 2018 Bixby Land Co. CEO Bill Halford passes away by Released Bixby Land Co. CEO Bill Halford died Feb. 26 at Ronald Reagan UCLA Medical Center following an illness.
Investors | Mar 6, 2018 Avignon Capital forms partnership with Asian bank by Andrea Zander Avignon Capital, the London-based European property investment and asset management business, has formed a strategic partnership with CLSA.
People | Mar 6, 2018 Equity Residential COO to retire by Released Equity Residential announced David Santee, executive vice president and COO, will step down as COO on June 30, 2018, and retire by year-end.
People | Mar 6, 2018 JLL Hotels & Hospitality names new Asia CEO by Released Mike Batchelor has been named JLL Hotels & Hospitality Group’s Asia CEO.
People | Mar 6, 2018 LaSalle Investment Management appoints CEO and president of Japan by Released LaSalle Investment Management has appointed Keith Fujii as CEO and president of Japan.
Fundraising | Mar 6, 2018 Brookfield nears $10b for opportunistic real estate fund by Jody Barhanovich Brookfield Asset Management is just shy of reaching the $10 billion mark after raising $9.046 billion for its latest opportunistic real estate fund.