Harrison raises $748m for open-end fund by Andrea Waitrovich Harrison Street Real Estate Capital has raised $748 million for its open-end fund, Harrison Street Core Property Fund.
USS acquires stake in Heathrow Airport Holdings by Drew Campbell London-based Universities Superannuation Scheme, through its subsidiary investment manager, USS Investment Management Ltd., has paid Madrid-based Ferrovial $634 million for an 8.65 percent stake in Heathrow Airport Holdings.
NCREIF Farmland Index reports best third quarter in years by Reg Clodfelter NCREIF has released the results of its third quarter 2013 Farmland Index, and the numbers are certainly improving.
Investors | Oct 23, 2013 CBRE fund to be fully invested by the end of the year by Andrea Waitrovich CBRE Global Investors has invested all of its capital for CBRE Strategic Partners U.S. Value 6, which held a final close in December 2012 with $1.1 billion.
Mapletree closes China fund by Andrea Waitrovich Mapletree Investments held a $1.4 billion final close for its Mapletree China Opportunity Fund II in September.
TerraCap fund holds $102m final close by Andrea Waitrovich TerraCap Partners II, managed by TerraCap Management Corp., has held a $102 million final close.
DRA Advisors holds $450m first close by Andrea Waitrovich DRA Growth & Income Fund VIII, a value-added fund managed by DRA Advisors, has held a $446.5 million first close.
First Reserve begins marketing second infrastructure fund by Reg Clodfelter First Reserve has a second infrastructure fund, First Reserve Energy Infrastructure Fund II, in the market, with a $2.5 billion fundraising goal.
Investors | Oct 21, 2013 IFM announces name change and expansion plans by Drew Campbell IFM Investors, formerly Industry Funds Management, has changed its name, announced plans to open a new office in Japan in early 2014 and bolstered its North American infrastructure debt program with a new executive in New York City.
PSERS makes $150m commitment to infrastructure by Andrea Waitrovich The $49.3 billion Pennsylvania Public School Employees' Retirement has committed $150 million to the International Infrastructure Finance Company Fund.
SFERS invests $65m in opportunistic fund by Andrea Waitrovich The $15.6 billion pension San Francisco Employees' Retirement System has confirmed a $65 million investment to CIM Fund VIII.
Cerberus fund holds $1.4b final close by Andrea Waitrovich Cerberus Capital Management has held a $1.4 billion final close for its third global real estate fund, which is understood to be focusing on distressed opportunities in the United States and Europe.
Singerman holds final close for opportunistic fund by Reg Clodfelter Singerman Real Estate has held a final close for its Singerman Real Estate Opportunity Fund I.
Lone Star real estate fund holds first close by Andrea Waitrovich Lone Star Funds has raised $3.09 billion for its Lone Star Real Estate Fund III in a first close.
Recent commercial real estate acquisitions by Andrea Waitrovich The largest completed transactions included two properties in the Seattle area and a retail property in San Francisco.
Investors | Oct 17, 2013 CBRE buys Chicago office building on behalf of Korean investors by Andrea Waitrovich CBRE Global Investors' U.S. Managed Accounts Group has acquired 161 N. Clark St., a 49-story trophy-quality office building located in the Central Loop submarket of downtown Chicago, on behalf of a consortium of Korean investors led by Korea Post.
Louisiana Teachers commits to European fund by Reg Clodfelter The Teachers' Retirement System of Louisiana has approved a $50 million commitment to Blackstone Real Estate Partners Europe IV.
Wheelock Street raises $200.5 million for real estate fund by Andrea Waitrovich Wheelock Street Capital has raised $200.5 million for its Wheelock Street Real Estate Fund II.
CalSTRS commits $200 million to the housing sector by Andrea Waitrovich The $165.8 billion California State Teachers' Retirement System (CalSTRS) has committed $200 million to its U.S. residential joint venture partner IHP Capital Partners.
Texas TRS commits $400 million to real estate by Andrea Waitrovich The $116.09 billion Teacher Retirement System of Texas (TRS) continues to deploy capital to real estate.
