Investors | Aug 16, 2019 OCERS earmarks $250m for noncore real estate strategies by Kali Persall The $16.3 billion Orange County (Calif.) Employees Retirement System (OCERS) has earmarked $250 million to commit to noncore real estate strategies for the 2020 fiscal year.
Investors | Aug 16, 2019 ArthaLand creates first Philippines JV by Andrea Zander Boutique property developer ArthaLand Corp. (ALCO) recently signed an agreement with Mitsubishi Estate Co., which is one of the largest real estate developers in Japan.
Transactions | Aug 16, 2019 Recent commercial real estate transactions by Lisa Yan Transactions reported this week include the sale of 26-property industrial portfolio.
People | Aug 16, 2019 Summit Healthcare REIT promotes CEO by Released Kent Eikanas has been promoted to the position of CEO of Summit Healthcare REIT, effective immediately.
Transactions | Aug 15, 2019 Blackstone looks to re-acquire Japanese property portfolio from Anbang Insurance by Kali Persall Blackstone is looking to buy back the $2.4 billion property portfolio that the firm sold to Anbang Insurance Group.
Fundraising | Aug 15, 2019 Bell Partners targets $800m for seventh multifamily investment vehicle by Kali Persall Bell Partners is seeking $800 million in capital commitments for its seventh fund.
Transactions | Aug 15, 2019 GTIS forms JV with Graham Street Realty by Released GTIS Partners and Graham Street Realty have formed a joint venture, which recently acquired Belvedere Place, a class A office building in Mill Valley, Calif.
Transactions | Aug 15, 2019 Tristan Capital sells historic Amsterdam office building on behalf of EPISO 4 fund by Released The EPISO 4 opportunity fund, advised by pan-European real estate investment manager Tristan Capital Partners, has sold the 2,300-square-meter (24,756-square-foot) Huize Labor office building in Amsterdam.
Research | Aug 15, 2019 Orange County warehouse sector remains favorable despite geopolitics uncertainties by Andrea Zander The overall vacancy rate for warehouse properties in Orange County, Calif., decreased 10 basis points from the first quarter, ending the second quarter at 2.3 percent, reported Cushman & Wakefield.
People | Aug 15, 2019 HN Capital Partners enters into venture with real estate industry veteran Jim Glasgow by Released HN Capital Partners has entered into a joint venture with industry veteran James Glasgow Jr., a former partner at Five Mile Capital Partners, and a key team of professionals that were previously principals at Five Mile Capital with Glasgow.
Fundraising | Aug 15, 2019 Panco Strategic Real Estate Fund IV receives $330m in commitments by Kali Persall The Panco Strategic Real Estate Fund IV, managed by New York City–based Pantzer Properties, has raised $330 million against a $500 million target.
Research | Aug 15, 2019 Digitization divide in European real estate sector by Released Digitization is progressing at different rates among institutional real estate investors in Europe, with the sector currently divided into two camps, reported Union Investment.
Research | Aug 15, 2019 European hotel investment increases due to high demand for alternative property types by Andrea Zander Despite the total commercial real estate investment in Europe declining 7.8 percent year-on-year in the 12 months to second quarter 2019, hotel investment saw an increase of 5.3 percent over the same period, totaling €24.3 billion ($27 billion), according to CBRE.
Transactions | Aug 15, 2019 Harvest Properties JV acquires office building in San Francisco’s Financial District by Released Intercontinental Real Estate Corporation and Harvest Properties have acquired 400 Montgomery, a historic 85,580-square-foot office building in San Francisco’s Financial District.
Investors | Aug 14, 2019 PSERS allocates $400m to four real estate funds by Kali Persall The $57 billion Pennsylvania Public School Employees’ Retirement System (PSERS) has voted to invest up to $400 million in four different real estate funds.
Investors | Aug 14, 2019 GPI Cos. receives $300m commitment from mystery California pension fund by Kali Persall A large California public pension fund has committed $300 million to GPI Companies’ real estate fund.
Fundraising | Aug 14, 2019 Castleforge Partners locks down £200m for third value-add fund by Kali Persall Private real estate firm Castleforge Partners has raised £200 million ($241 million) for its third value-add investment vehicle.
Transactions | Aug 14, 2019 Henderson Park to buy Green REIT for $1.5b by Andrea Zander Henderson Park Real Estate Management has acquired Green REIT, Ireland’s first REIT, for €1.34 billion ($1.5 billion).
Fundraising | Aug 14, 2019 Niam raises largest real estate fund in Nordics with €1.1b by Kali Persall Nordic real estate private equity firm Niam has completed a final close for its seventh fund.
