Research | Jul 6, 2017 Cushman & Wakefield reports positive outlook for Asia Pacific by Andrea Waitrovich Positive economic momentum and steady job creation across Asia Pacific will remain a strong catalyst for office property demand and asset performance in most of the region’s 25 major cities, according to Cushman & Wakefield.
Investors | Jul 6, 2017 South Korea’s sovereign fund aims to double AUM by 2020 by Andrea Waitrovich Eun Sung-soo, CEO of the Korea Investment Corp., said the sovereign fund plans to increase its assets under management to $200 billion by 2020, according to Yonhap News.
Transactions | Jul 6, 2017 Aimco acquires 47% interest in L.A. apartments by Jody Barhanovich Apartment Investment and Management Co. has acquired a 47 percent interest in three Los Angeles apartment properties
Transactions | Jul 6, 2017 Allianz buys office project in Vienna for €500m by Andrea Waitrovich The Allianz Group has expanded its real estate portfolio in Vienna.
Fundraising | Jul 6, 2017 Kennedy Wilson launches sixth real estate fund by Jody Barhanovich Kennedy Wilson has launched a sixth real estate fund.
Investors | Jul 6, 2017 GTIS Partners forms JV with GoldenTree Asset Management by Released GoldenTree Asset Management and GTIS Partners have formed a new joint venture focused on real estate debt.
People | Jul 6, 2017 CPPIB names new global head of real assets by Andrea Waitrovich The C$316.7 billion ($244.7 billion) Canada Pension Plan Investment Board has named new global head of real assets.
Research | Jul 5, 2017 U.K. remains most attractive global commercial real estate market by Released One in three (31 percent) commercial real estate investors say that the U.K. remains their preferred region to invest in, according to the latest BrickVest commercial property investment barometer.
Transactions | Jul 5, 2017 Prologis to acquire partner’s interest in Brazil portfolio by Andrea Waitrovich Prologis has plans to acquire its partner’s interest in its Brazil portfolio for BRL1.2 billion ($362 million).
Transactions | Jul 5, 2017 Greystar to acquire Monogram in $3b deal by Andrea Waitrovich A new fund led by Greystar Real Estate Partners has plans to acquire U.S. apartment developer.
Investors | Jul 5, 2017 OCERS total fund increases 1.15% in May by Jody Barhanovich The Orange County (Calif.) Employees Retirement System’s total fund recorded a 1.15 percent increase in May.
Investors | Jul 5, 2017 PGGM and Rockspring launch €250m Berlin JV by Andrea Waitrovich PGGM Private Real Estate and Rockspring Property Investment Managers have launched a new joint venture to invest in Berlin.
Fundraising | Jul 5, 2017 GPEP and Universal-Investment launch Germany-focused retail center fund by Andrea Waitrovich GPEP, together with Universal-Investment, has launched Germany-focused retail center fund.
Fundraising | Jul 5, 2017 Southwest nears final close with $360m fundraise by Jody Barhanovich Southwest Value Partners, a San Diego–based privately held real estate investment company, is nearing a final close.
Transactions | Jul 5, 2017 Lords LB Asset Management Fund to invest more than €200m in Riga by Released Lords LB Asset Management has plans to invest more than €200 million ($227 million) in Riga, the capital of Latvia.
Investors | Jul 5, 2017 City of Austin hires RVK as investment consultant by Jody Barhanovich The $2.2 billion City of Austin Employees’ Retirement System has hired RVK.
Transactions | Jul 3, 2017 Redevco JV sells 9 retail parks in Spain for €193m by Released A joint venture between pan-European retail real estate specialist Redevco and Ares Management has sold a portfolio of nine retail parks.
Transactions | Jul 3, 2017 Ivanhoé Cambridge puts News Corp HQ on the market by Andrea Waitrovich Ivanhoé Cambridge with its partner has plans to sell 1211 Avenue of the Americas in Manhattan.
People | Jul 3, 2017 CEO transition announced at National Investment Center for Seniors Housing & Care by Released The National Investment Center for Seniors Housing & Care announced that Robert Kramer will transition to the role of founder and strategic advisor.
Research | Jul 3, 2017 Foreign investment increases 30% in industrial real estate by Andrea Waitrovich Foreign investment in U.S. industrial real estate jumped 30 percent to $1.3 billion during the first quarter of 2017 over the same period a year before, according to Avison Young.
