Transactions | May 25, 2017 Amtrak chooses developer for $1b Union Station redevelopment project by Jody Barhanovich Amtrak has selected Chicago development firm Riverside Investment & Development for a development project.
Fundraising | May 25, 2017 LaSalle raises £264m for third U.K. residential finance fund by Released LaSalle Investment Management has raised £264 million or its third U.K. residential finance fund.
Investors | May 25, 2017 Korea Teachers Pension commits to LaSalle fund by Released Korea Teachers Pension has committed $50 million to a fund managed by LaSalle Investment Management.
Investors | May 25, 2017 New Jersey commits $50m to medical office fund by Jody Barhanovich New Jersey Division of Investment has committed $50 million to a medical office fund.
Fundraising | May 24, 2017 Toro Finserve launches $500m healthcare real estate fund by Jody Barhanovich Toro Finserve is raising a $500 million fund to invest in real estate for healthcare enterprises.
Transactions | May 24, 2017 Cain Hoy backs Indian developer for U.K. residential scheme by Released Lodha U.K. has raised £290 million ($375 million) of construction finance for U.K. residential scheme.
Research | May 24, 2017 Total value of global real estate AUM surges by 20% by Released The total value of real estate assets under management reached €2.4 trillion ($2.7 trillion) in 2016.
Transactions | May 24, 2017 Walton Street acquires Chicago tower for $370m by Andrea Waitrovich Walton Street Capital has agreed to buy office building at 401 N. Michigan Ave. in Chicago.
People | May 24, 2017 Heitman enhances Australian market presence by Andrea Waitrovich Heitman enhances Australian market presence with the appointment of Beau Titchkosky as managing director, client service and marketing.
Transactions | May 24, 2017 Developer plans $325m mixed-use project in San Diego by Andrea Waitrovich San Diego developer Hammer Ventures has plans for a $325 million mixed-use project in San Diego.
Transactions | May 23, 2017 Asian investors continue to target London properties by Andrea Waitrovich Capital from Asia is continuing to flow into the London property market. Recently, NorthStar Realty Europe Corp. has partnered with China Resources Land to acquire 20 Gresham St.
Research | May 23, 2017 German real estate expensive for institutional investors by Released German real estate is expensive for institutional investors, according to a fourth annual survey by Universal-Investment.
Transactions | May 23, 2017 Klépierre buys Spanish retail complex for €233m by Andrea Waitrovich Klépierre has acquired Nueva Condomina, a shopping mall in the region of Murcia, Spain.
People | May 23, 2017 Argosy hires new VP, head of asset management by Released Argosy Real Estate Partners has hired William McGinley Jr. as its new vice president and head of asset management.
Fundraising | May 23, 2017 Warburg-HIH raises €100m for new retail fund by Jody Barhanovich Warburg-HIH Invest Real Estate has raised €100 million ($112.2 million) for new retail fund.
Transactions | May 23, 2017 German investor buys Seattle Facebook office for $286m by Andrea Waitrovich Dusseldorf-based Commerz Real, a real estate arm of Commerzbank Group, has purchased a 345,992-square-foot, state-of-the-art, 10-story, class A office building in Seattle for $286 million.
ElmTree Funds Partners with China Life by Released ElmTree Funds has announced a $950 million recapitalization with a wholly owned subsidiary of China Life Insurance Group.
Research | May 23, 2017 Food and beverage tenants to be main anchor tenants by Andrea Waitrovich Large destination shopping centers can benefit from creating dining destinations, according to the ICSC report The successful integration of food and beverage within retail real estate.
Research | May 22, 2017 U.S. retailers lead expansion to new markets by Released Retailers’ expansion into new markets increased by 2 percent in 2016, down from 3.1 percent.
Investors | May 22, 2017 Simon to invest $1b in 2017, malls aim to enhance guests’ experiences by Andrea Waitrovich Simon Property Group has plans to invest $1 billion into the retail sector in both 2017 and 2018, with a focus on adding to the guests’ experience, a growing demand in the sector.
