Fundraising | May 18, 2015 LGP announces £403m close for U.K. fund by Andrea Waitrovich Legal & General Property has announced the final close of U.K. Property Income Fund II.
Transactions | May 18, 2015 Patrizia acquires European residential portfolio by Andrea Waitrovich Patrizia Immobilien has announced the successful takeover of a Scandinavian real estate fund for €900 ($1 billion) in an off-market transaction.
Investors | May 18, 2015 Chinese companies to invest $500m in India by Andrea Waitrovich India-based GMR Infrastructure has entered into an agreement with China's Guizhou International Investment Corp.
CPPIB invests in retail in Europe and Asia by Andrea Waitrovich In two separate deals, the Canada Pension Plan Investment Board has invested more than $1.2 billion for its international portfolio.
Investors | May 18, 2015 SFERS commits €100m to Nordic real estate fund by Zoë Wolff The San Francisco Employees' Retirement System has committed € 100 million ($113.5 million) to a Nordic region real estate fund.
Investors | May 18, 2015 Illinois State Board of Investment searches for real estate consultant by Zoë Wolff The Illinois State Board of Investment has issued an RFP for a real estate consultant.
Transactions | May 15, 2015 Recent commercial real estate transactions by Andrea Waitrovich The largest transactions were a shopping center in Florida and an apartment complex in New York City.
Transactions | May 14, 2015 M&G makes £167m office acquisition by Andrea Waitrovich M&G Real Estate has acquired an office in London from Aberdeen Asset Management.
Investors | May 14, 2015 Chicago Transit searches for core real estate managers by Zoë Wolff The Retirement Plan for Chicago Transit Authority Employees is searching for a real estate manager.
Transactions | May 14, 2015 JV buys development site in Hong Kong by Andrea Waitrovich A Chinese joint venture has purchased a development site in Hong Kong for $392 million.
Investors | May 13, 2015 Texas Teachers commits $1.07b to real estate by Zoë Wolff The Teacher Retirement System of Texas has committed $1.07 billion in four real estate investments.
Fundraising | May 13, 2015 Rubenstein Partners markets third fund by Andrea Waitrovich Rubenstein Partners has a third fund in the market.
Investors | May 13, 2015 Wisconsin commits $225m to two real estate funds by Zoë Wolff The $89.9 billion State of Wisconsin Investment Board has committed $225 million to two real estate funds.
Transactions | May 13, 2015 Blackstone acquires three shopping centers for $560m by Andrea Waitrovich The Blackstone Group's European real estate fund has announced the acquisition of an additional three retail assets in Portugal and Spain.
Transactions | May 13, 2015 Hansteen sells HPUT II for £192.1m by Andrea Waitrovich Hansteen Holdings has announced the sale of its Hansteen U.K. Industrial Property Unit Trust II for £192.1 million ($302.5 million).
Transactions | May 12, 2015 Taiwan insurer buys London office £575m by Andrea Waitrovich Minerva has sold a prime office and retail asset in London to a Taiwan-based insurer.
Transactions | May 12, 2015 German investor buys NYC hotel by Andrea Waitrovich Germany-based Deka Immobilien has paid $270 million for a hotel in New York City.
Investors | May 12, 2015 Lend Lease forms $1.5b Chicago development JV by Andrea Waitrovich Australia-based Lend Lease Group has entered into a $1.5 billion joint venture with Chicago-based developer CMK.
Transactions | May 12, 2015 HFZ Capital pays $870m for Manhattan development site by Andrea Waitrovich HFZ Capital has acquired a development site in Manhattan for approximately $870 million from Edison Properties.
Transactions | May 12, 2015 YanGo buys development site in China by Andrea Waitrovich China-based YanGo Holding Group has acquired a 50 percent stake in a two-property portfolio in Xiamen, China.