Transactions | Jun 6, 2016 Chicago office building to sell for $340m by Andrea Waitrovich Hines REIT is in contract to sell an office property in Chicago for $340.1 million
Research | Jun 6, 2016 U.S. CMBS delinquency rate rises in May by Andrea Waitrovich The U.S. CMBS delinquency rate climbed 12 basis points in May.
Transactions | Jun 6, 2016 Blackstone sells office tower in Los Angeles for $311m by Andrea Waitrovich The Blackstone Group has sold an office in Los Angeles for $311 million.
Transactions | Jun 6, 2016 Qatar Investment Authority pays $2.5b for Singapore CBD office by Andrea Waitrovich Qatar Investment Authority has acquired an office Singapore.
Research | Jun 3, 2016 May employment growth misses target by Zoë Wolff The United States added 38,000 jobs in May, according to the Bureau of Labor Statistics, well below the expected increase of approximately 160,000 jobs.
Investors | Jun 3, 2016 Oregon commits $250m to real estate by Zoë Wolff The $69.7 billion Oregon Public Employees Retirement Fund has committed $250 million to DivcoWest Fund V.
Recent commercial real estate transactions by Andrea Waitrovich The largest transaction was an apartment complex near Seattle.
Fundraising | Jun 2, 2016 Actis raises $500m for African fund by Zoë Wolff Actis has raised $500 million for its third African real estate fund, Actis Africa Real Estate Fund 3.
Investors | Jun 2, 2016 CalSTRS commits $311m to real estate by Zoë Wolff The $180 billion California State Teachers’ Retirement System committed $311 million to two real estate funds during first quarter 2016.
Investors | Jun 2, 2016 New Mexico commits $75m to real estate debt fund by Zoë Wolff The $14 billion Public Employees Retirement Association of New Mexico has committed $75 million to DRC Capital European Real Estate Debt Fund III.
Fundraising | Jun 2, 2016 Real I.S. launches European real estate fund by Zoë Wolff German asset manager Real I.S. has launched a new European real estate fund.
Transactions | Jun 1, 2016 AXA acquires U.K. property for core Europe fund by Zoë Wolff AXA Investment Managers – Real Assets has acquired the Asticus Building in London for £80 million.
People | Jun 1, 2016 Edgar Alvarado retires from Allstate Investments by Zoë Wolff Edgar Alvarado, group head, real estate equity at Allstate Investments, has announced his retirement, effective June 30, after 23 years of service.
Fundraising | Jun 1, 2016 AEW holds $640m final close of Asian fund by Zoë Wolff AEW Capital Management has held a final close of $640.2 million for its AEW Value Investors Asia II fund.
Investors | Jun 1, 2016 San Diego invests $20m in Asian real estate fund by ZoĂ« Wolff The $10.6 billion San Diego City Employees’ Retirement System has committed $20 million to LaSalle Asia Opportunity Fund V.
AXA holds final close of European real estate fund by Zoë Wolff AXA Investment Managers – Real Assets has held a final close of €445 million for its Pan-European Value-Added Fund.
Investors | May 31, 2016 Arizona Public Safety commits to real estate by Zoë Wolff The $8.3 billion Arizona Public Safety Personnel Retirement System has committed up to $60 million to Rubenstein Properties Fund III.
Investors | May 27, 2016 San Antonio Fire & Police commits $25m to real estate by Zoë Wolff The $2.7 billion San Antonio Fire & Police Pension Fund has committed $25 million to two real estate funds.
Investors | May 27, 2016 Orange County selects general investment consultant by Zoë Wolff The $12.7 billion Orange County (Calif.) Employees Retirement System has provisionally selected a new general investment consultant.
Investors | May 27, 2016 KPERS commits $140m to real estate and infrastructure by Zoë Wolff The $16.5 billion Kansas Public Employees Retirement System has committed $140 million to two funds.
