Investors | Oct 27, 2014 Fort Worth commits $45m between two managers by Reg Clodfelter The Fort Worth (Texas) Employees' Retirement Fund has committed $45 million to two noncore real estate funds.
Investors | Oct 27, 2014 Illinois Municipal retains Callan as consultant by Reg Clodfelter The $34.8 billion Illinois Municipal Retirement System has retained Callan Associates as its investment consultant.
Transactions | Oct 24, 2014 Recent commercial real estate transactions by Andrea Waitrovich The largest transactions were a shopping mall in Northern Virginia and an office asset in Miami.
Research | Oct 23, 2014 Farmland posts lowest returns since 2010 by Reg Clodfelter After posting the lowest returns since 2011 during the second quarter at 1.73 percent, farmland's struggles have only gotten worse as the total return for the NCREIF Farmland Index dropped to 1.45 percent during the third quarter.
Transactions | Oct 23, 2014 LaSalle buys in Paris, sells in London and Japan by Andrea Waitrovich LaSalle Investment Management took part in several property transactions around the globe.
Research | Oct 22, 2014 SBCERA changes benchmark by Reg Clodfelter The $8.1 billion San Bernardino County (Calif.) Employees' Retirement Association has switched its real estate benchmark to the NCREIF Property Index for its entire real estate portfolio.
Transactions | Oct 22, 2014 Stockland sells stake in Australian shopping center, buys another by Andrea Waitrovich Stockland has sold a 50 percent stake in Stockland Townsville Shopping Center in Aitkenvale, Australia, to AMP Capital Shopping Center for A$228.7 million ($201.54 million).
Transactions | Oct 22, 2014 Hulic REIT buys seven properties for ¥47 billion by Andrea Waitrovich Tokyo-based Hulic REIT has acquired seven properties in Japan for ¥47 billion ($438.56 million) from various sellers.
Fundraising | Oct 21, 2014 Artha Capital raises $180m for Mexican real estate fund by Reg Clodfelter Artha Capital, based in Mexico City, has raised $180 million for Artha Capital Real Estate Fund II.
Fundraising | Oct 21, 2014 Warburg-Henderson closes German property special fund by Andrea Waitrovich Hamburg-based Warburg-Henderson has announced a final close for a new property special fund, Warburg-Henderson Germany High Income Fund.
Fundraising | Oct 21, 2014 Colony Capital holds final close for special situations fund by Andrea Waitrovich Colony Capital has held a $1.2 billion final close for its Colony Distressed Credit & Special Situations Fund III.
Investors | Oct 21, 2014 University of Michigan commits $29m to value-added real estate by Reg Clodfelter The University of Michigan Endowment has committed $25 million to Sterling Value-Add Partners II.
Fundraising | Oct 21, 2014 Rockbridge raises $398m for sixth hospitality fund by Andrea Waitrovich Rockbridge has raised $398.32 million for its RockBridge Hospitality Fund VI.
Investors | Oct 21, 2014 Arizona commits $250m to real estate, energy by Reg Clodfelter The Arizona State Retirement System has committed $100 million to real estate, $100 million to energy and another $50 million to energy-related real estate.
Investors | Oct 20, 2014 VRS, LaSalle form $575m industrial JV by Reg Clodfelter LaSalle Investment Management and the Virginia Retirement System have formed a $575 million joint venture to invest in U.S. industrial development.
Investors | Oct 20, 2014 OCERS launches search for noncore manager by Reg Clodfelter The $11.8 billion Orange County (Calif.) Employees Retirement System has launched a search for a noncore real estate manager.
Transactions | Oct 20, 2014 Unibail-Rodamco sells another French mall by Andrea Waitrovich Unibail-Rodamco SE is under contract to sell the four-story Nice Etoile mall, located in Nice, France, for €300 million ($378.5 million).
Transactions | Oct 20, 2014 Ivanhoé Cambridge sells Canadian asset for C$271m by Andrea Waitrovich Ivanhoé Cambridge has sold a Canadian shopping center for a purchase price of C$271.7 million ($241.35 million) in an all-cash deal to Cominar REIT.
Transactions | Oct 17, 2014 Recent commercial real estate transactions by Andrea Waitrovich The largest transactions were a hotel property in Hawaii and an office asset in Los Angeles.
Research | Oct 16, 2014 China's retail sector continues rapid expansion, outlook 'cautiously optimistic' by Reg Clodfelter Retail sales in China increased 12.1 percent year-over-year in the first half of 2014 to $2.02 trillion, and China is now expected to overtake the United States as the world's largest retail market by 2016.
