Investors | Sep 22, 2017 Snap elections: The ratings game by Jennifer Molloy With his much-improved political ratings, Japan’s Prime Minister Shinzo Abe is considering calling a snap election for as early as Oct. 29 that may capitalize on NHK polls showing two-thirds of voters favor his hardline stance against North Korea, as Abe seeks to revise Japan’s pacifist constitution, reports Bloomberg News.
Transactions | Sep 21, 2017 NEPI Rockcastle buys Sofia shopping center for €253m by Released NEPI Project two EOOD, a subsidiary of NEPI Rockcastle, has acquired Paradise Center in Sofia, Bulgaria, for €252.9 million ($301.9 million).
People | Sep 21, 2017 Nina Gruen passes away by Andrea Waitrovich Nina Gruen passed away on Sept. 15.
Investors | Sep 21, 2017 Harvard Endowment returns 8.1% in ‘disappointing’ fiscal year 2017 by Jody Barhanovich Harvard University’s endowment reported an 8.1 percent return in the fiscal year ending June 30.
Transactions | Sep 21, 2017 Madison buys out JV partner’s stake in $1b retail portfolio by Andrea Waitrovich Forest City Realty Trust has sold its 51 percent interest in a 2.1 million-square-foot, 12-asset prime retail portfolio.
Investors | Sep 21, 2017 Hawaii ERS commits $50m to debt fund by Jody Barhanovich Employees’ Retirement System of the State of Hawaii has committed up to $50 million to a fund managed by Torchlight Investors.
Transactions | Sep 21, 2017 GIC JV acquires Tokyo hotel for $909m by Released Singapore’s sovereign wealth fund GIC to acquire Sheraton Grande Tokyo Bay Hotel.
Investors | Sep 21, 2017 IN-DEPTH: Columbia Threadneedle acquires Lionstone by Andrea Waitrovich IREN speaks with Lionstone Partners executives about its recent partnership with Columbia Threadneedle.
Transactions | Sep 21, 2017 BlackRock sells Singapore office tower for $1.5b by Andrea Waitrovich BlackRock Asia Property Fund III, managed by BlackRock, has agreed to sell Asia Square Tower 2, a prime office tower in Singapore’s Marina Bay financial precinct, to CapitaLand Commercial Trust for $1.5 billion
Fundraising | Sep 21, 2017 AEW Capital raises $275m for pan-Asia Pacific fund by Jody Barhanovich AEW Capital Management has raised $275 million for its pan-Asia Pacific fund.
Research | Sep 21, 2017 €8.5b in returns expected from European non-listed real estate funds by 2019 by Jody Barhanovich A total of 47 European non-listed real estate funds are scheduled to terminate between now and 2019, returning a potential €8.5 billion ($10.14 billion) to the market.
Investors | Sep 20, 2017 Avignon Capital expands into Australia by Andrea Waitrovich Avignon Capital has received a new mandate to invest in Australia.
Transactions | Sep 20, 2017 Vanbarton Group to buy Vogue building for $315m by Andrea Waitrovich The Vanbarton Group is in contracts to buy The Vogue, located at 990 Sixth Ave. in Manhattan.
Transactions | Sep 20, 2017 BNY Mellon Investment Management announces sale of the CenterSquare Business by Released BNY Mellon Investment Management to sell the business of real assets investment boutique CenterSquare Investment Management.
Fundraising | Sep 20, 2017 Alma Property holds €140m final close for pan-Nordic fund by Jody Barhanovich Alma Property Partners has held a €140 million ($168 million) final close for its first pan-Nordic real estate fund.
Fundraising | Sep 20, 2017 Madison International launches real estate securities fund by Jody Barhanovich Madison International Realty has launched a new listed real estate securities fund.
Fundraising | Sep 20, 2017 CBRE raises $1.06b for U.S. value-added fund by Jody Barhanovich CBRE Global Investors has raised $1.06 billion for its eight fund.
Investors | Sep 20, 2017 OCERS records 9.5% return for first eight months of 2017 by Jody Barhanovich Orange County (Calif.) Employees Retirement System has recorded a 9.5 percent positive return (net of fees) through the first eight months of 2017.
Transactions | Sep 20, 2017 Columbia Threadneedle Investments to acquire Lionstone Investments by Andrea Waitrovich Columbia Threadneedle Investments announced an agreement for Columbia Management Investment Advisers to acquire Lionstone Partners.
Transactions | Sep 20, 2017 Sabra purchases stake in $1.62b senior housing JV by Andrea Waitrovich Sabra has entered into definitive agreements to acquire a 49 percent equity interest in entities that collectively own 183 senior housing communities.
