Aquila awarded $500m global mandate by Andrea Waitrovich European alternative asset manager Aquila Capital announced it has been awarded a $500 million global mandate.
Brookfield fund holds $805m close by Andrea Waitrovich Brookfield Asset Management has held an $805 million final close for Brookfield Fairfield Multifamily Value Add Fund II.
La Française Forum launches U.K. shopping center fund by Andrea Waitrovich La Française Forum Real Estate Partners, the European direct real estate arm of the La Française - Forum platform, has launched a U.K. Shopping Centre Fund with specialist retail asset manager Realm.
Shorenstein buys $203m Philadelphia office property by Andrea Waitrovich Shorenstein Properties has agreed to buy a 75 percent stake in 1818 Beneficial Bank Place in Philadelphia in a deal that values the asset at $203 million.
Lone Star buys 38 hotels for $590m by Andrea Waitrovich Hyatt Hotels Corp. has sold 38 hotels to an affiliate of Lone Star Funds for $590 million.
Investors | Sep 22, 2014 MetLife to buy Minneapolis office park by Andrea Waitrovich MetLife Real Estate Investors has agreed to buy a 1.7 million-square-foot office complex in Minneapolis from joint venture partners Equity Group Investments, GEM Realty Capital, and Perennial Investments and Advisors.
Recent commercial real estate transactions by Andrea Waitrovich The largest transactions were an office property in San Francisco and an apartment complex in New York City.
Inland trusts sell and buy assets totaling $1.4b by Andrea Waitrovich Two real estate trusts of Inland Real Estate Corp. have announced two separate deals totaling more than $1.4 billion in assets this week.
OP&F's real estate return exceeds benchmark by Reg Clodfelter The $14.5 billion Ohio Police and Fire Pension Fund's real estate portfolio has a net return of 15.4 percent for the year ending June 30, beating its benchmark, the NCREIF Open-End Diversified Core index, by 366 basis points.
UPDATED: Multifamily fund holds $260m close by Andrea Waitrovich TIAA-CREF and TIAA Henderson Real Estate have raised $260 million for multifamily fund CASA Partners VI.
Fundraising | Sep 18, 2014 Rockpoint core-plus fund holds $950m close by Andrea Waitrovich Rockpoint Group has closed its Core Plus Fund I with $950 million in equity commitments.
FOMC discusses eventual interest rate hike by Reg Clodfelter The Federal Open Markets Committee concluded its two-day session Sept. 17 and issued projections pointing to the eventual and inevitable normalization of interest rates.
Tallahassee commits to forestland manager by Reg Clodfelter The City of Tallahassee (Fla.) Pension Plan has committed $30 million to Molpus Woodlands Group to be the pension plan's first timber manager.
Blackstone to sell German office for €250m by Andrea Waitrovich The Blackstone Group has agreed to acquire Messeturm, an office property located in Frankfurt.
OECD recommends QE for euro area by Reg Clodfelter The Organization for Economic Development & Cooperation has recommended that the European Central Bank employ more monetary support in the euro area.
Boston Properties sells stake in three office assets by Andrea Waitrovich Boston Properties has agreed to sell a 45 percent interest in three office buildings to affiliates of Norges Bank Investment Management for a gross purchase price of approximately $1.5 billion in cash.
SC Capital raises $365m for fourth fund by Andrea Waitrovich Singapore private equity firm SC Capital Partners has raised $365.5 million for its pan-Asia opportunity real estate fund series, Real Estate Capital Asia Partners IV.
RMBS escapes serious losses from Northern California earthquake by Reg Clodfelter August's earthquake in Northern California has damage estimates of $1 billion, with as much as half of it to residential real estate, but it is unlikely to cause serious losses to RMBS.
LMIR buys Indonesian mall for $308m by Andrea Waitrovich LMIRT Management has sold Lippo Malls Kemang, a 639,134-square-foot mall in South Jakarta, Indonesia.
Chinese group to invest in Hawaiian development site by Andrea Waitrovich Hawaiian developer The Resort Group has formed a partnership with Chinese investment group Reignwood International to develop 1,100 acres of Kauai's Princeville Resort in Hanalei, Hawaii.
