Research | Aug 30, 2018 Outlets are the star of the retail sector by Andrea Zander Outlet malls will continue to grow in popularity with investors, as the sector is underpinned by constrained supply and growing demand, offering some of the most attractive risk-adjusted returns in the real estate market, according to THINK Global: Outlets by TH Real Estate.
Investors | Aug 30, 2018 Louisiana State Police commits $5m to Brookfield real estate fund by Jody Barhanovich The $875 million Louisiana State Police Retirement System has committed $5 million to an opportunistic global real estate fund managed by Brookfield Asset Management.
Transactions | Aug 30, 2018 Tritax EuroBox to acquire €550m of assets by Andrea Zander Tritax EuroBox has plans to acquire eight well-located assets in Germany, Italy, Spain, Poland and Belgium valued at, in aggregate, approximately €550 million ($641 million).
People | Aug 30, 2018 Partners Group announces co-CEO succession by Released Partners Group, the global private markets investment manager, has announced a change in the firm’s Co-CEO office.
Fundraising | Aug 29, 2018 Tristan Capital to raise €1.5b for new opportunistic European real estate fund by Jody Barhanovich Tristan Capital Partners, an independent London-headquartered real estate investment management boutique, is raising capital for its newest opportunistic European real estate fund.
Fundraising | Aug 29, 2018 Shopoff Realty launches another investment fund by Andrea Zander Shopoff Realty Investments has a new fund in the market, aiming to raise $100 million, according to an SEC filing.
Transactions | Aug 29, 2018 TH Real Estate acquires interest in three super regional shopping malls for $714m by Andrea Zander Brookfield Property Partners continues to shed more shopping malls, selling a portfolio of three high-performing regional shopping malls to TH Real Estate, an affiliate of Nuveen, the investment management arm of TIAA.
Research | Aug 29, 2018 Investors optimistic about U.S. medical office market outlook for H2 2018 by Jody Barhanovich Recently completed single-tenant medical office assets have remained in high demand across both private and institutional buyer segments, and investors are seeking stabilized multi-tenant medical office properties in primary and secondary markets, according to Marcus & Millichap’s Medical Office Research report for the second half of 2018.
Research | Aug 29, 2018 Bay Area retail market remains strong into second quarter by Andrea Zander In 2018, the San Francisco Bay Area retail property market is going strong, despite occasional mention of the “Retail Apocalypse” suggested by the online juggernauts of the world (i.e., Amazon).
Transactions | Aug 29, 2018 TH Real Estate provides financing for Oakland office property by Andrea Zander TH Real Estate, an affiliate of Nuveen, the investment arm of TIAA, has provided $141.5 million to a joint venture between KKR and TMG Partners to finance the acquisition and future capitalization of 1330 Broadway.
Investors | Aug 29, 2018 Pennsylvania SERS commits $200m to new PIMCO debt fund by Jody Barhanovich The $54.8 billion Pennsylvania Public School Employees’ Retirement System has committed $200 million to PIMCO’s latest real estate debt fund.
Transactions | Aug 29, 2018 Japan Retail Fund Investment Corp. sells and buys properties by Andrea Zander Japan Retail Fund Investment Corp. has acquired and sold properties.
Transactions | Aug 29, 2018 M7 sells Fumbally Lane office complex, Dublin, to BCP for €34m by Released M7 Real Estate, the pan-European investor and asset manager, has sold an office complex on Fumbally Lane, Dublin 8 in the Republic of Ireland.
Transactions | Aug 29, 2018 CBRE GI acquires logistics portfolio from MG Real Estate by Released CBRE Global Investors has acquired three prime logistics assets located in Belgium, on behalf of the CBRE Logistics Venture.
Transactions | Aug 29, 2018 AEW acquires office asset in Cologne-Deutz, Germany by Released AEW, on behalf of the AEW City Office Germany fund, has acquired an office building on Siegburger Straße in Cologne, Germany, from LOANCOS Group.
Investors | Aug 29, 2018 Illinois TRS commits $300m to two real estate funds by Jody Barhanovich The $51.7 billion Teachers’ Retirement System of the State of Illinois has committed a total of $300 million to two real estate funds.
People | Aug 29, 2018 CalPERS names Michael Cohen as new CFO by Released The $362 billion California Public Employees’ Retirement System has named Michael Cohen its new CFO to oversee all financial systems and risk programs of the pension fund.
Transactions | Aug 28, 2018 CBRE Global Investors acquires super-regional mall portfolio by Andrea Zander CBRE Global Investors has acquired a stake in a portfolio of class A super-regional malls, which were previously owned by General Growth Properties, through a joint venture agreement with Brookfield Property Partners.
Fundraising | Aug 28, 2018 AllianceBernstein holds $3.1b final close for third real estate debt fund by Jody Barhanovich AllianceBernstein, a New York–based investment manager, has held a $3.1 billion final close for its third real estate debt fund.
Investors | Aug 28, 2018 MCERA commits $10m to two real estate funds by Jody Barhanovich The $821.1 million Merced County (Calif.) Employees’ Retirement Association (MCERA) has committed a total of $10 million to two real estate funds.
