Transactions | Jun 19, 2018 CBRE sells five shopping centers in the Netherlands by Released CBRE Global Investors, on behalf of the CBRE Dutch Retail Fund, has sold five Dutch shopping centers.
Investors | Jun 19, 2018 State Street launches dedicated real assets fund services group by Released State Street Corp. has launched a real assets fund services group that will provide a variety of back office investment services to real estate and infrastructure funds.
Transactions | Jun 19, 2018 Easterly Government Properties buys 14-asset portfolio for $430m by Jody Barhanovich Easterly Government Properties has acquired a 14-property portfolio for $430 million.
Transactions | Jun 18, 2018 JV acquires 38 acres in South Florida for $200m mixed-use project by Andrea Zander Giles Capital Group, Rosemurgy Properties and Schmier Property Group, in partnership with Wheelock Street Capital, have acquired a 38-acre parcel at Glades Road and 95th Avenue South in Boca Raton, Fla.
Transactions | Jun 18, 2018 W. P. Carey to merge with CPA:17 in deal valued at $6b by Released Corporate Property Associates 17 – Global Incorporated (CPA:17) will merge with and into a subsidiary of W. P. Carey in a stock-for-stock transaction valued at approximately $6 billion.
People | Jun 18, 2018 OPERS appoints Paul Greff as new CIO by Jody Barhanovich Paul Greff has been appointed CIO of the $99.6 billion Ohio Public Employees' Retirement System, effective immediately.
People | Jun 18, 2018 Cording expands U.K. private-rented sector team by Andrea Zander The Cording Real Estate Group, a European real estate investment firm focusing on Germany, the United Kingdom and the Benelux countries, has expanded its U.K. team focused on the private-rented sector of the apartment market.
Investors | Jun 18, 2018 Ascendas-Singbridge JV to invest $500m in warehouse facility by Andrea Zander Ascendas-Singbridge Group, jointly owned Temasek Holdings and JTC Corp., and Firstspace Realty have agreed to form a joint venture platform to develop logistics and industrial facilities.
Fundraising | Jun 18, 2018 Dromeus Capital launches €200m Greek-focused fund by Jody Barhanovich Dromeus Capital, an emerging markets hedge fund firm, has launched a new real estate fund, according to Reuters.
Investors | Jun 18, 2018 Corestate to invest €2.4b in micro-living assets by Andrea Zander Corestate Capital Holding has plans to invest €2.4 billion ($2.8 billion) in its micro-living segment until the end of 2019.
Investors | Jun 18, 2018 LaSalle Hotel selects Blackstone’s $4.8b bid over Pebblebrook by Andrea Zander LaSalle Hotel Properties has selected Blackstone Group's offer over Pebblebrook Hotel Trust.
Transactions | Jun 18, 2018 AXA IM - Real Assets completes £650m sale by Andrea Zander AXA Investment Managers – Real Assets, on behalf of clients, has completed the sale of Ropemaker Place.
Research | Jun 18, 2018 Compact cities set to deliver highest returns by Marek Handzel Compact cities are better for their inhabitants, the environment and investors, according to the Urban Land Institute (ULI) and the Coalition for Urban Transitions.
Transactions | Jun 18, 2018 Revetas Capital acquires TriGranit by Andrea Zander Revetas, a specialist real estate investment manager focusing on Central and Eastern Europe, together with funds managed by Goldman Sachs Asset Management, has acquired TriGranit from TPG Real Estate, the real estate platform of global alternative asset firm TPG.
Investors | Jun 15, 2018 U.S. property market in latter stages of cycle by Loretta Clodfelter The U.S. property market has entered into a typical late cycle, said Michael Acton, director of research at AEW Capital Management, in a presentation in San Francisco at the beginning of June.
Investors | Jun 15, 2018 Michigan retirement system commits $10m to real estate funds by Jody Barhanovich The $213 million Monroe County (Mich.) Employees Retirement System has committed a total of $10 million to two real estate funds.
KKR, Parkway JV acquires office tower in Miami by Andrea Zander The newly formed joint venture between KKR and Parkway Property Investments has purchased an office in Miami.
Investors | Jun 15, 2018 Florida SBA commits to two real estate funds by Jody Barhanovich The $193.8 billion Florida State Board of Administration has committed equity to two real estate funds.
Transactions | Jun 15, 2018 Officials break ground on $1b hospital conversion redevelopment in Chicago by Andrea Zander Construction will soon be under way on the $1 billion Skidmore, Owings and Merrill–designed redevelopment of Chicago’s historic Cook County Hospital.
Transactions | Jun 15, 2018 Real I.S. acquires Benger-Haus at Stuttgart’s central market square by Released Real I.S. has acquired Benger-Haus, a fully-let office and commercial property at Marktplatz 12 in central Stuttgart, Germany.
