Transactions | Oct 22, 2014 Hulic REIT buys seven properties for ¥47 billion by Andrea Waitrovich Tokyo-based Hulic REIT has acquired seven properties in Japan for ¥47 billion ($438.56 million) from various sellers.
Fundraising | Oct 21, 2014 Artha Capital raises $180m for Mexican real estate fund by Reg Clodfelter Artha Capital, based in Mexico City, has raised $180 million for Artha Capital Real Estate Fund II.
Fundraising | Oct 21, 2014 Warburg-Henderson closes German property special fund by Andrea Waitrovich Hamburg-based Warburg-Henderson has announced a final close for a new property special fund, Warburg-Henderson Germany High Income Fund.
Fundraising | Oct 21, 2014 Colony Capital holds final close for special situations fund by Andrea Waitrovich Colony Capital has held a $1.2 billion final close for its Colony Distressed Credit & Special Situations Fund III.
Investors | Oct 21, 2014 University of Michigan commits $29m to value-added real estate by Reg Clodfelter The University of Michigan Endowment has committed $25 million to Sterling Value-Add Partners II.
Fundraising | Oct 21, 2014 Rockbridge raises $398m for sixth hospitality fund by Andrea Waitrovich Rockbridge has raised $398.32 million for its RockBridge Hospitality Fund VI.
Investors | Oct 21, 2014 Arizona commits $250m to real estate, energy by Reg Clodfelter The Arizona State Retirement System has committed $100 million to real estate, $100 million to energy and another $50 million to energy-related real estate.
Investors | Oct 20, 2014 VRS, LaSalle form $575m industrial JV by Reg Clodfelter LaSalle Investment Management and the Virginia Retirement System have formed a $575 million joint venture to invest in U.S. industrial development.
Investors | Oct 20, 2014 OCERS launches search for noncore manager by Reg Clodfelter The $11.8 billion Orange County (Calif.) Employees Retirement System has launched a search for a noncore real estate manager.
Transactions | Oct 20, 2014 Unibail-Rodamco sells another French mall by Andrea Waitrovich Unibail-Rodamco SE is under contract to sell the four-story Nice Etoile mall, located in Nice, France, for €300 million ($378.5 million).
Transactions | Oct 20, 2014 Ivanhoé Cambridge sells Canadian asset for C$271m by Andrea Waitrovich Ivanhoé Cambridge has sold a Canadian shopping center for a purchase price of C$271.7 million ($241.35 million) in an all-cash deal to Cominar REIT.
Transactions | Oct 17, 2014 Recent commercial real estate transactions by Andrea Waitrovich The largest transactions were a hotel property in Hawaii and an office asset in Los Angeles.
Research | Oct 16, 2014 China's retail sector continues rapid expansion, outlook 'cautiously optimistic' by Reg Clodfelter Retail sales in China increased 12.1 percent year-over-year in the first half of 2014 to $2.02 trillion, and China is now expected to overtake the United States as the world's largest retail market by 2016.
Fundraising | Oct 16, 2014 ECE holds €500m first close for second center fund by Andrea Waitrovich Luxembourg-based ECE Real Estate Partners has held a first close for its ECE European Prime Shopping Centre Fund II, raising €500 million ($638 million).
Transactions | Oct 16, 2014 Unibail-Rodamco sells another six malls for €850m by Andrea Waitrovich Unibail-Rodamco SE has sold six French shopping centers for €850 million ($1.1 billion).
Research | Oct 16, 2014 Multifamily cap rates begin expanding again by Reg Clodfelter The mean capitalization rate on U.S. multifamily properties increased 20 basis points during the second quarter to 6.6 percent.
Investors | Oct 15, 2014 Florida commits $164m to real estate by Reg Clodfelter The Florida State Board of Administration has committed $163.8 million to real estate, divided between two managers.
Investors | Oct 15, 2014 Oklahoma Teachers dives into noncore real estate by Reg Clodfelter The $14.2 billion Teachers' Retirement System of Oklahoma has committed $300 million to noncore real estate divided among six different managers.
Transactions | Oct 15, 2014 Brookfield Canada buys Calgary office development by Andrea Waitrovich Brookfield Canada Office Properties, a Canadian REIT, has acquired and will complete the construction of the full-block east tower of Brookfield Place Calgary.
Transactions | Oct 15, 2014 Blackstone buys London office building for £175m by Andrea Waitrovich The Blackstone Group is under contract to buy the eight-story Sanctuary Buildings in London from Tishman Speyer.