Transactions | Aug 26, 2014 MCC Land to buy Singapore mixed-use site for $377.8m by Andrea Waitrovich Singapore's Urban Redevelopment Authority has awarded the commercial and residential site at Meyappa Chettiar Road to developer MCC Land.
Fundraising | Aug 26, 2014 Rockspring holds third close for U.K. fund by Andrea Waitrovich Rockspring Property Investment Managers has announced the third close for its U.K. Value 2 fund, bringing total equity commitments to £150 million ($248.9 million).
Transactions | Aug 25, 2014 Columbia Property to buy San Francisco office tower by Andrea Waitrovich Columbia Property Trust has agreed to buy 650 California St., located in San Francisco, from joint venture partners Tishman Speyer and Prudential Real Estate Investors.
Transactions | Aug 25, 2014 Shorenstein to buy Aon Center for $270m by Andrea Waitrovich Shorenstein Properties is under contract to purchase the Aon Center, a 1.1 million-square-foot office property located on Wilshire Boulevard in Los Angeles.
Research | Aug 25, 2014 S.F. Bay Area office rents continue to climb at leading global pace by Reg Clodfelter Despite the fact that office rents in the San Francisco Bay Area are already very high, they have continued to climb at a top pace globally, according to JLL.
Investors | Aug 25, 2014 Rhode Island to invest up to $380m in real estate by Reg Clodfelter The $8.2 billion Employees' Retirement System of Rhode Island is looking to invest $100 million into core real estate in each of the next two years and $180 million into noncore real estate over the next two years.
Transactions | Aug 22, 2014 Recent commercial real estate transactions by Andrea Waitrovich The largest transactions are two apartment properties in California and New York City.
Transactions | Aug 21, 2014 AEW Europe buys four offices for €301m by Andrea Waitrovich AEW Europe, on behalf of institutional clients, has agreed to purchase a four-property portfolio from France-based real estate holding company SIIC de Paris.
Investors | Aug 21, 2014 Atlanta requests real estate manager by Reg Clodfelter The City of Atlanta General Employees' Pension Plan is searching for an open-end core/core-plus equity real estate fund, and will consider both direct funds and funds of funds.
Investors | Aug 21, 2014 LACERA terminates global real estate securities account by Reg Clodfelter The Los Angeles County Employees Retirement System has decided to terminate a $162.9 million global non-U.S. public real estate securities account managed by EII Capital Management due to staff turnover.
Investors | Aug 21, 2014 LaSalle receives $1b mandate by Andrea Waitrovich LaSalle Investment Management has announced a $1 billion mandate to invest in U.S. real estate from a large European institutional investor.
Transactions | Aug 21, 2014 Billion Development pays $508m for Hong Kong development site by Andrea Waitrovich The Hong Kong Lands Department has sold a development site in Hong Kong for HK$3.94 billion ($508.4 million).
Transactions | Aug 21, 2014 Kaisa buys Chinese development sites for $502m by Andrea Waitrovich Hong Kong-listed property developer Kaisa has been actively purchasing development sites in Shenzhen, China.
Transactions | Aug 20, 2014 Resort transaction volume projected to exceed $6b in 2014 by Reg Clodfelter Demand for resort hotels has continued to rise, with the sector's transaction volume expected to surpass $6 billion by the end of the year and reach its highest level since 2007.
Fundraising | Aug 20, 2014 AEW closes second senior housing fund by Andrea Waitrovich AEW Senior Housing Investors II has held a $371 million final close, surpassing its $250 million target, confirms AEW Capital Management.
Transactions | Aug 20, 2014 Harrison Street pays $520m for senior housing portfolio by Andrea Waitrovich Harrison Street Real Estate Capital has acquired an 11-property portfolio of senior housing properties located on the East Coast for $520 million.
Transactions | Aug 20, 2014 Morgan Stanley buys several global retail properties for $873m by Andrea Waitrovich In two separate deals, Morgan Stanley has purchased retail properties in the United States and Europe for a total of $873 million.
Transactions | Aug 19, 2014 UPDATED: Three Singapore firms invest in European markets by Andrea Waitrovich Asia Pacific investors continue investing capital into Europe. In several separate deals, three Singapore-based firms are under contract to acquire a number of office properties located in London and Germany.
Investors | Aug 19, 2014 SFERS board approves recommendation for real assets consultant by Reg Clodfelter The board of the San Francisco City and County Employees' Retirement System has approved the recommendation that Cambridge Associates serve as the consultant for its new real assets portfolio.
Transactions | Aug 19, 2014 Two Singapore firms invest in European markets by Andrea Waitrovich Asia Pacific investors continue investing capital into Europe. In two separate deals, two Singapore-based firms are under contract to acquire several office properties located in London and Germany.
