Research | Jan 27, 2014 NPI posts stable fourth quarter stable by Andrea Waitrovich, released 1/24/14 The NCREIF Property Index posted a 2.53 percent return in fourth quarter 2013, composed of a 1.34 percent income return and a 1.19 percent capital appreciation return.
Transactions | Jan 27, 2014 IN-DEPTH LOOK: East Bay office complex sells for more than $250m by Andrea Waitrovich A joint venture between Sunset Development Co. and MetLife has purchased the 2 million-square-foot AT&T West Coast Campus at 2600 Camino Ramon in San Ramon, Calif.
People | Jan 27, 2014 Bob Burke, Metropolitan co-founder and managing director, retires by Reg Clodfelter T. Robert 'Bob" Burke, cofounder and managing director at Metropolitan Real Estate, has retired from Metropolitan and has no intentions to start another business.
Fundraising | Jan 24, 2014 Bridge Investment holds first close for senior housing fund by Andrea Waitrovich Bridge Investment Group Partners, in conjunction with its affiliate ROC Seniors Housing Fund Manager (Seniors IM), has held a $41 million final close for its senior housing and medical properties fund.
Transactions | Jan 24, 2014 Recent commercial real estate acquisitions by Andrea Waitrovich The largest completed transactions included office properties in New York City and Cambridge, Mass.
Investors | Jan 23, 2014 Oklahoma Firefighters commits $15m to Hall Capital by Reg Clodfelter The $1.9 billion Oklahoma Firefighters Pension and Retirement System has committed $15 million to Hall Capital III.
Investors | Jan 23, 2014 Chinese investors' international spending increases to $7b in 2013 by Andrea Waitrovich Chinese international investment activity has increased by 124 percent to $7.6 billion in 2013, according to research from Jones Lang LaSalle.
Investors | Jan 23, 2014 Louisiana Teachers commit $175m to real assets by Reg Clodfelter The $15.9 billion Teachers' Retirement System of Louisiana has approved three commitments to real assets.
Fundraising | Jan 23, 2014 Real estate secondaries transaction volume reaches $4b during 2013 by Andrea Waitrovich, released 1/23/14 An annual tally by Landmark Partners tracked $3.7 billion of closed transactions in the global market for secondary interests in real estate limited partnerships during 2013.
Transactions | Jan 23, 2014 IN-DEPTH LOOK: Invesco acquires 101 Second St. in San Francisco by Reg Clodfelter Dallas-based Invesco Real Estate has acquired 101 Second St., a 388,000-square-foot office building in San Francisco, from Hines for a rumored price of around $294 million. Here's an in-depth look at the deal.
Investors | Jan 23, 2014 KPERS makes industrial commitment by Andrea Waitrovich The $14.4 billion Kansas Public Employees Retirement System has made a follow-on commitment to Exeter Property Group's industrial investment fund series.
Oklahoma Teachers issues RFPs for noncore real estate by Andrea Waitrovich The $13.1 billion Oklahoma Teachers' Retirement System has issued two RFPs, one for value-added real estate managers and one for opportunistic real estate managers.
Investors | Jan 22, 2014 San Francisco commits $50m to DivcoWest by Reg Clodfelter The San Francisco Employees' Retirement System has committed $50 million to DivcoWest Fund IV, according to board documents from the retirement system.
Fundraising | Jan 22, 2014 Partners holds €1b final close for global infrastructure vehicle by Andrea Waitrovich Partners Group has closed its Partners Group Global Infrastructure 2012 program with $1.35 billion, making it the firm's largest dedicated infrastructure vehicle.
People | Jan 21, 2014 JP Morgan names managing director by Andrea Waitrovich Doug Doughty was named managing director and global head of business development and client strategy for J.P. Morgan Asset Management Global Real Assets.
Research | Jan 21, 2014 Farmland posts strong returns by Andrea Waitrovich Investment in farmland had a 9.26 percent return during fourth quarter 2013, above third quarter's 2.94 percent total return.
People | Jan 21, 2014 JP Morgan names managing director by Andrea Waitrovich Doug Doughty was named managing director and global head of business development and client strategy for J.P. Morgan Asset Management Global Real Assets.
Investors | Jan 17, 2014 Recent commercial real estate acquisitions by Andrea Waitrovich The largest completed transactions included office properties in Washington, D.C., and Walnut Creek, Calif.
People | Jan 17, 2014 George Ahl leaves M3 Capital by Andrea Waitrovich George Ahl has left M3 Capital as one of its founding principals.
Fundraising | Jan 16, 2014 Henderson to continue marketing U.K. Shopping Centre fund by Reg Clodfelter Henderson Global Investors has decided to extend the marketing period on the UK Shopping Centre Fund past its previous target close of December 31, 2013.