Transactions | Jul 21, 2017 RLJ Lodging reportedly rejects $3b bid from Blackstone by Andrea Waitrovich RLJ Lodging Trust recently rejected a $24-a-share acquisition offer worth $3 billion from Blackstone Group.
Investors | Jul 21, 2017 CalSTRS reports 13.4% net investment return for fiscal year 2016–2017 by Released California State Teachers’ Retirement System has posted a 13.4 percent net of fees return for the 2016–2017 fiscal year.
Transactions | Jul 21, 2017 AXA completes acquisition of majority stake of Chicago student housing tower by Released AXA Investment Managers – Real Assets has completed, on behalf of one of its clients, the acquisition of University Center Chicago, a 1,732-bed student housing property located in downtown Chicago.
Investors | Jul 21, 2017 Cording Group launches new German office fund by Jody Barhanovich Cording Real Estate Group, a northern European real estate investment and asset management company, has launched German Value Add Regional Office Fund.
Transactions | Jul 21, 2017 New York continues to attract the most foreign capital by Andrea Waitrovich According to Knight Frank’s global research report Active Capital – The Report 2017, which examined domestic and overseas capital flows globally, New York attracted the most overseas capital in 2016, $16.3 billion, but remained largely driven by domestic buyers, who accounted for 60 percent of total investment.
Investors | Jul 21, 2017 Maryland State Retirement reduces actuarial assumed rate of return by Jody Barhanovich Maryland State Retirement and Pension System has voted to reduce incrementally the pension fund’s actuarial assumed rate of return on its investments over the next two years.
Transactions | Jul 21, 2017 Deka buys two offices in Vienna for €235m by Andrea Waitrovich Deka Immobilien has purchased two offices in Vienna for €235 million ($274 million).
Transactions | Jul 21, 2017 Recent commercial real estate transactions by Andrea Waitrovich Transactions reported this week included the sale of a U.S. multi-market light industrial portfolio.
Transactions | Jul 20, 2017 Brennan Investment Group to develop $1b technology park in Chicago by Andrea Waitrovich Brennan Investment Group is planning to develop six parcels of land totaling 85 acres near Chicago’s O’Hare International Airport into a business park.
Research | Jul 20, 2017 NCREIF Farmland Index performance improves in Q2 2017 by Jody Barhanovich The National Council of Real Estate Investment Fiduciaries has released the second quarter 2017 results of the NCREIF Farmland Index.
Research | Jul 20, 2017 German office market sees best first-half year results ever by Jody Barhanovich The German office market saw its best first half of the year results of all time.
Research | Jul 20, 2017 North America real estate remains stable, LaSalle midyear report finds by Andrea Waitrovich Real estate market fundamentals in North America performed in line with expectations during the first half of 2017, according to LaSalle Investment Management’s Mid-Year Investment Strategy Annual 2017.
Transactions | Jul 20, 2017 Rexford Industrial acquires industrial park for $210m by Andrea Waitrovich Rexford Industrial Realty has acquired a six-building industrial park.
Research | Jul 20, 2017 Seattle/Puget Sound office sales volume surges by Andrea Waitrovich During the second quarter 2017, the Seattle/Puget Sound office market saw a rebound in overall leasing activity with 202,012 square feet of net absorption for the region, according to Transwestern.
Transactions | Jul 20, 2017 Virtus Real Estate raises $408m for opportunistic fund by Andrea Waitrovich Virtus Real Estate has raised $408.5 million for its second fund.
Investors | Jul 20, 2017 Idaho Public Employee posts 12.7% gross return in fiscal year by Jody Barhanovich Public Employee Retirement System of Idaho had a 12.7 percent gross return in fiscal year ended June 30.
Transactions | Jul 20, 2017 Korean investor buys Berlin office campus by Released Hines has acquired the Allianz Campus Berlin in Berlin.
Research | Jul 20, 2017 Q2 office leasing activity in Western Europe saw highest take up since 2006 by Jody Barhanovich The euro zone economy continued to outperform initial forecasts for this year.
People | Jul 20, 2017 Carmel Partners appoints Trey Hilberg head of investments by Released Carmel Partners has announced the appointment of Trey Hilberg as head of investments.
People | Jul 19, 2017 Revathi Greenwood joins Cushman & Wakefield as head of Americas research by Released Cushman & Wakefield announced that Revathi Greenwood has joined the firm as Head of Americas Research.
