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Transactions | Sep 7, 2021
Columbia Property Trust, an office REIT with a portfolio totaling 6.2 million square feet, has entered into a definitive agreement to be acquired by funds managed by Pacific Investment Management Co. (PIMCO) for $3.9 billion, including Columbia’s proportionate share of consolidated and unconsolidated debt.
Transactions | Sep 3, 2021
Hancock Natural Resource Group, a company of Manulife Investment Management, announced the closing of a transaction on behalf of its client, AP3, with TexMark Timber Treasury L.P. (Triple T), a joint venture managed by CatchMark Timber Trust.
Investors | Sep 3, 2021
The California State Teachers’ Retirement System (CalSTRS), has approved a four-part framework which includes a commitment to achieving net-zero greenhouse gas emissions across its investment portfolio by 2050 or sooner.