Investors | Mar 7, 2017 Texas TRS commits €50m to European sidecar fund by Jody Barhanovich The $133.4 billion Teacher Retirement System of Texas committed €50 million ($53 million) to a fund managed by Tristan Capital Partners.
Investors | Mar 7, 2017 Thor Urbana to raise $500m for Mexican retail investment by Andrea Waitrovich Thor Equities plans to raise $400 million for its Mexican real estate affiliate.
Fundraising | Mar 7, 2017 QIC holds A$2.35b final close for global infrastructure fund by Jody Barhanovich QIC, an Australia-based global diversified alternative investment firm, has held a A$2.35 billion ($1.7 billion) final close.
Fundraising | Mar 6, 2017 Pretium Partners raises $54m for real estate fund by Jody Barhanovich Pretium Partners, a New York City–based investment management firm, has raised $53.9 million for a real estate fund.
Transactions | Mar 6, 2017 Singapore group buys Australian hotel for A$230m by Andrea Waitrovich Singapore-based group UOL has paid A$230 million ($174 million) for the Hilton Melbourne South Wharf in Melbourne, Australia.
Fundraising | Mar 6, 2017 IDERA, PGGM JV holds €210m final close on Japan residential fund by Jody Barhanovich IDERA Capital Management, a Japan-based real estate manager, in a joint venture with PGGM, a Dutch multi-asset pension manager, has held a €210 million ($222.5 million) final close.
Transactions | Mar 6, 2017 Standard Life and Aberdeen to create £660b business by Andrea Waitrovich Two U.K. financial firms, Standard Life and Aberdeen Asset Management have plans to merge in a deal that would create a combined company with £660 billion ($809 billion) of assets under administration.
Investors | Mar 3, 2017 CalSTRS forms €400m European logistics joint venture by Jody Barhanovich The $188.6 billion California State Teachers Retirement System is investing €400 million ($424.7 million) in a logistics joint venture.
Transactions | Mar 3, 2017 Multimillion-dollar developments revealed by Andrea Waitrovich Several multimillion-dollar and even billion-dollar development projects have been making headlines in the past couple of weeks.
Transactions | Mar 3, 2017 Recent commercial real estate transactions by Andrea Waitrovich Transactions reported this week included th sale of a 535-acre, master-planned business community.
People | Mar 3, 2017 Industry figure Alice Connell passes away by Andrea Waitrovich Alice Connell has passed at the age of 70 on February 24.
Fundraising | Mar 3, 2017 PCCP raises $508m for credit fund by Jody Barhanovich PCCP has raised $508.25 million for its credit fund.
Investors | Mar 2, 2017 Cindat Capital to invest $2b in U.S. senior housing properties by Andrea Waitrovich Beijing-based Cindat Capital Management has plans to spend $2 billion on U.S. senior housing properties this year.
Transactions | Mar 2, 2017 Northwood Investors buys North Carolina office park for $1b by Andrea Waitrovich Northwood Investors has acquired a majority stake in a 535-acre, master-planned business communitylocated in North Carolina.
Research | Mar 2, 2017 Australian retail property sales activity falls 14% in 2016 by Andrea Waitrovich Australian retail property investment volumes declined by 14 percent in 2016 from 2015 levels.
Investors | Mar 2, 2017 Arizona PSPRS to commit up to £80m to real estate fund by Jody Barhanovich The $8.3 billion Public Safety Personnel Retirement System of the State of Arizona will allocate up to £80 million ($98 million) to real estate.
Research | Mar 2, 2017 REITs rise 4% in February by Loretta Clodfelter U.S. equity REITs bounced back in February after a lackluster January, returning 4.01 percent in the month.
Research | Mar 2, 2017 CMBS delinquency rate rises 13 bps in February by Jody Barhanovich The U.S. CMBS delinquency rate, which has been moving steadily higher during the past 12 months, continued to climb in February.
Transactions | Mar 1, 2017 Jonathan Rose Cos. purchases affordable housing business by Andrea Waitrovich Jonathan Rose Cos. is purchasing Forest City Realty Trust’s affordable housing business in a deal valued at more than $500 million.
Transactions | Mar 1, 2017 Hong Kong investor purchases London's Cheesegrater for £1.2b by Andrea Waitrovich British Land and Oxford Properties, the global real estate arm of the Ontario Municipal Employees Retirement System, have agreed to sell The Leadenhall Building in London.