Investors | Jan 30, 2015 MassPRIM to invest $100m in real estate in 2015 by Reg Clodfelter The board for the Massachusetts Pension Reserves Investment Management Board is planning to allocate $100 million for direct real estate investments (internally managed) and co-investments.
Investors | Jan 30, 2015 Illinois commits $100m to core real estate by Reg Clodfelter The Illinois Municipal Retirement Fund has committed $100 million in follow-on investments to core, open-end real estate, divided between two managers.
Transactions | Jan 30, 2015 Recent commercial real estate transactions by Andrea Waitrovich The largest transactions were a hotel in San Francisco and an office in Issaquah, Wash.
Fundraising | Jan 29, 2015 Garrison raises $225m for third fund by Reg Clodfelter The Garrison Investment Group has raised $224.8 million for its third fund.
Fundraising | Jan 29, 2015 San Luis Obispo commits $30m to open-end value-add real estate by Reg Clodfelter The $1.2 billion San Luis Obispo County (Calif.) Pension Trust has committed $30 million an open-end value-added real estate fund.
Fundraising | Jan 29, 2015 Westbrook fund holds first close by Andrea Waitrovich Westbrook Partners holds first close for its value-added fund.
Two Manhattan office properties sell for more than $1b by Andrea Waitrovich Two Manhattan office properties are under contract to change hands in separate deals with a total sales price of approximately $1.2 billion.
Transactions | Jan 28, 2015 W. P. Carey buys 73-property portfolio for £230m by Andrea Waitrovich W. P. Carey has acquired a portfolio of 73 automotive retail facilities located throughout the United Kingdom for £230.5 million.
Fundraising | Jan 28, 2015 CBRE Global Investment Partners fund exceeds $1.2b by Andrea Waitrovich CBRE Global Investment Partners has announced its flagship global open-end fund has exceeded $1.2 billion of total equity commitments.
Transactions | Jan 28, 2015 PGGM forms second partnership with Legal & General by Andrea Waitrovich Legal & General Capital and Dutch pension fund manager PGGM have launched a £375 million ($569.68 million) London office joint venture partnership.
Transactions | Jan 28, 2015 Blackstone sells Sydney property and European Valad by Andrea Waitrovich The Blackstone Group has sold an office in Sydney and an European platform.
Investors | Jan 28, 2015 SDCERA to commit up to $500m to real estate, $400m to real assets by Reg Clodfelter The San Diego County Employees Retirement Association is looking to invest $500 million into real estate by 2017, as well as potentially invest $275 million to $400 million into real assets in 2015.
Investors | Jan 28, 2015 City transit pension plan commits $25m to value-add real estate by Reg Clodfelter A city transit pension plan has committed $25 million to a domestic value-add fund.
Fundraising | Jan 27, 2015 Harrison Street fund exceeds $750m goal by Andrea Waitrovich Harrison Street Real Estate Capital has announced its final close for its fifth opportunistic fund, Harrison Street Real Estate Partners V.
Transactions | Jan 27, 2015 Hotel REIT buys San Francisco hotel for $350 million by Andrea Waitrovich A hospitality REIT has purchased a San Francisco hotel for $350 million.
Transactions | Jan 26, 2015 FSBA acquires four assets through Heitman by Reg Clodfelter The $177.4 billion Florida State Board of Administration has acquired four separate assets for a combined $212.9 million.
Investors | Jan 26, 2015 San Bernardino County to commit $110m to real estate in 2015 by Reg Clodfelter The investment board for the $8.1 billion San Bernardino County (Calif.) Employees' Retirement Association has approved a 2015 real estate investment plan.
Transactions | Jan 26, 2015 BNP Paribas Real Estate sells office development for €477m by Andrea Waitrovich BNP Paribas Real Estate has sold its off-plan office development Ecowest, located at 80/82 Quai Michelet in Levallois-Perret, a submarket of Paris, for €477 million ($537.1 million).
Investors | Jan 26, 2015 Arizona retirement system commits $43m to U.K. real estate by Reg Clodfelter The Public Safety Personnel Retirement System of the State of Arizona has committed $43 million to invest in assets across the major property types in the United Kingdom.
Investors | Jan 26, 2015 PSERS commits $150m to core industrial fund by Reg Clodfelter The Public School Employees' Retirement System of Pennsylvania has committed $150 million to a core industrial fund.
