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CBRE Investment Management (CBRE IM) has made appointments in its lead portfolio management roles for two of its largest flagship open-end strategies.

The Employees Retirement System (ERS) of Texas has announced the pacing plan for its private real estate and infrastructure programs in fiscal year 2025.

The Teacher Retirement System (TRS) of Texas has committed $250 million to two real estate funds, the pension fund revealed in a commitment report for August.

CenterSquare Investment Management has held an initial close on approximately $100 million in capital commitments for its latest value-added institutional private real estate fund. The fund has a target of $400 million.

Harrison Street has announced the acquisition of five senior living properties in a joint venture with Brightview Senior Living.

Why “choppy”? Rising interest rates have compressed asset valuations in the logistics marketplace and have made a new development less feasible, resulting in limited supply, according to an interview with members of Dermody Properties’ leadership team.

While data centers are real estate assets, they can be very complex investments.

Managing clients’ investments through separate accounts instead of closed-end funds allows for greater flexibility, particularly in terms of timing ones entry into and exit out of assets and markets.

PGIM Real Estate has sold a even-property grocery-anchored retail portfolio located across Florida.

The Canadian commercial real estate sector exhibited positive momentum in the second quarter, according to Morguard's 2024 Economic Outlook and Market Fundamentals Second Quarter Update.

Principal Asset Management has acquired a 20,200-square-meter (217,430-square-foot) logistics building in the North Rhine-Westphalia area of Germany for the European logistics fund LOG IN, which is managed by Theoreim.

Arrow Capital Partners has appointed Cormac Dunne as head of transactions, Europe.

Harrison Street and Elkstone are developing a new 345-bed, purpose-built student accommodation (PBSA) at Queen Street in Galway City, Ireland.

FD Stonewater, a fully integrated real estate investment, development, and brokerage firm, has received a $20 million commitment to the firm's discretionary FD Stonewater STAR Evergreen Fund from a Top 125 U.S. corporate pension plan.

The $76.5 billion Pennsylvania Public School Employees’ Retirement System (PSERS) has approved a $175 million commitment to ACORE Opportunistic Credit II, a real estate debt fund managed by ACORE Capital.

fifteenfortyseven Critical Systems Realty (1547), in partnership with Harrison Street, has announced the acquisition of the Global Access Point Union Station data center located in South Bend, Ind.

Stonepeak has acquired two logistics assets totaling 1.1 million square feet in Fort Worth from institutional investors advised by J.P. Morgan Asset Management.

Nearly all North American fund managers currently find E.U. regulations complex and predict they will only find it harder to navigate over the next two years — with many saying the region is over-regulated to the point of being off-putting, according to a survey from Ocorian, a global leader in fund administration, capital markets, corporate and fiduciary services.

GARBE Industrial Real Estate has formed a joint venture with a fund managed by BlackRock.

The real estate sector should move faster on AI adoption, according to CBRE in its report, “What are the implications of AI for real estate?”, which explores the use of generative AI in business, and the significant value real estate firms can obtain from embracing new technology.