SWIB commits $350 million to real estate by Andrea Waitrovich The State of Wisconsin Investment Board (SWIB) has plans to invest $350 million in real estate in two separate investments.
IFC holds $1.2 billion final close for global infrastructure fund by Andrea Waitrovich, released 10/8/13 IFC Asset Management Co., a subsidiary of the International Finance Corp. (IFC), held a $1.2 billion close for its IFC Global Infrastructure Fund on Oct. 8.
Amidst down year, September shows improvement for U.S. equity REITs by Reg Clodfelter U.S. equity REITs showed improvement in September.
Fort Lauderdale Police and Fire makes commitment to infrastructure by Reg Clodfelter The Fort Lauderdale (Fla.) Police and Fire Retirement System approved a $22 million commitment to the Lazard Global Listed Infrastructure fund, managed by Lazard Asset Management, at a board meeting on Oct. 9.
LACERA to invest $400 million in real estate by Andrea Waitrovich The $39.2 billion Los Angeles County Employees Retirement System (LACERA) has approved two investments in real estate totaling $400 million at its Oct. 9 meeting.
Wyoming State Loan invests in European real estate debt by Andrea Waitrovich The Wyoming State Loan and Investment Board has approved a $131 million commitment to M&G Real Estate Debt Fund III (REDF II), a value-added fund managed by M&G Investments, as part of the investment board's noncore investment strategy plan.
Slate Properties markets U.S. real estate fund by Andrea Waitrovich Toronto-based Slate Properties seeks to raise $75 million for its Slate U.S. Opportunity (No. 3) Realty Trust. The firm will hold a first closing by Oct. 16.
Moody’s/RCA CPPI increases 1.2 percent in August, retail remains hot by Reg Clodfelter According to the latest Moody's/RCA Commercial Property Price Index (CPPI), commercial property prices have continued their steady recovery from 2009.
Recent commercial real estate acquisitions by Andrea Waitrovich The largest completed transactions included an office property in Palo Alto, Calif., and a retail property in Bellevue, Wash.
Ohio SERS commits $100 million to core, open-end fund by Reg Clodfelter The School Employees Retirement System of Ohio (SERS) has approved a follow-on commitment of $100 million to RREEF America REIT II.
Investors | Oct 9, 2013 CBRE exceeds target with third multifamily development fund by Andrea Waitrovich CBRE Global Investors has held a final close for its CBRE Wood Partners Development Fund 3, exceeding its $200 million target with more than $300 million in equity commitments.
Washington state to increase real estate allocation by Reg Clodfelter The Washington State Investment Board has recently approved a 2 percent increase to its long-term target asset allocation to real estate, raising it from 13 percent to 15 percent.
UPDATE: California pension plans trade L.A. property in $900 million deal by Larry Gray The California State Teachers' Retirement System completed a textbook high-yield turnaround investment when it recently sold the City National Plaza in Los Angeles to its Sacramento neighbor the California Public Employees' Retirement System for a sales price pegged at more than $900 million by local sources.
Research | Oct 7, 2013 AEW Europe sees value in secondary German cities by Reg Clodfelter Germany remains a priority for real estate investors looking to invest capital in Europe, particularly due to improvement in the economy and near record pricing for core assets, according to new research by AEW Europe.
Valad Europe holds €180 million first close by Andrea Waitrovich Valad Europe has held a €180 million ($244 million) first close for its Valad European Diversified Fund, which will invest in core-plus and value-added assets in the United Kingdom and Germany.
Long Wharf holds final close for fourth fund by Andrea Waitrovich Long Wharf Real Estate Partners has held a final close for its Long Wharf Real Estate Partners IV (LWREP IV), raising $253.45 million.
BlackRock completes MGPA acquisition BlackRock has completed the acquisition of MGPA, creating a combined $23.5 billion global real estate investment platform as of the end of June 2013.
Recent commercial real estate acquisitions by Andrea Waitrovich The largest completed transactions included a New York City office property and a Florida hotel property.
California pension plans trade L.A. property in $900 million deal by Larry Gray The California State Teachers' Retirement System completed a textbook high-yield turnaround investment when it recently sold the City National Plaza in Los Angeles to its Sacramento neighbor the California Public Employees' Retirement System for a sales price pegged at more than $900 million by local sources.
Ares Management raises €315.9 million for European fund by Reg Clodfelter Ares Management has raised €315.9 million ($427.3 million) for its Ares European Real Estate Fund IV.
