Investors | Jul 26, 2018 Fort Worth commits $25m to value-add real estate fund by Jody Barhanovich The $2.3 billion Fort Worth Employees’ Retirement Fund has committed $25 million to a value-add real estate fund.
Transactions | Jul 26, 2018 Singapore investor buys U.K. industrial portfolio by Andrea Zander Oxenwood Real Estate and its joint venture partner Catalina Holdings have sold Project Owl for £207 million ($272 million).
Fundraising | Jul 26, 2018 Sares-Regis Group raises $173m for multifamily, value-add fund by Jody Barhanovich Sares-Regis Group, a real estate investor and developer, has raised $173 million for its third multifamily.
Investors | Jul 26, 2018 TCOR Hotel Partners forms equity JV with TriGate Capital by Andrea Zander TCOR Hotel Partners has formed an equity joint venture with TriGate Capital for $30 million.
Transactions | Jul 26, 2018 Savills IM buys stake in DRC Capital by Andrea Zander Savills Investment Management has bought an initial 25 percent stake in DRC Capital.
People | Jul 26, 2018 Thomas Fischer joins JB Matteson by Released Thomas Fischer has joined JB Matteson as senior vice president, director of investments.
Research | Jul 26, 2018 NCREIF Timberland Index decreases in second quarter 2018 by Andrea Zander The National Council of Real Estate Investment Fiduciaries (NCREIF) has released second quarter 2018 results of the NCREIF Timberland Index.
Investors | Jul 25, 2018 Marriott International to open $500m NYC Ritz-Carlton Hotel and Residences Tower by Released Marriott International has signed an agreement with luxury hospitality development firm Flag Luxury Group.
Investors | Jul 25, 2018 MainePERS reports 10.3% return net of fees for fiscal year by Jody Barhanovich The $14.3 billion Maine Public Employees Retirement System has reported a 10.3 percent return net of fees for the fiscal year ended June 30, 2018.
Transactions | Jul 25, 2018 Harrison Street acquires ASU on-campus student housing property for $27m by Released Harrison Street Real Estate Capital as acquired Century Hall, a 170-unit, 318-bed student residence hall at Arizona State University – Polytechnic Campus for approximately $27 million.
Fundraising | Jul 25, 2018 Catella launches second €300m Dutch residential real estate fund by Jody Barhanovich Catella Real Estate AG, a Munich-based investment manager, has launched its second Dutch residential real estate fund.
Transactions | Jul 25, 2018 Hines buys Zalando Campus in Berlin for €235m by Andrea Zander Hines, acting on behalf of a Luxembourg-based real estate fund, has purchased Zalando Campus in Berlin.
Transactions | Jul 25, 2018 Generali Real Estate completes the acquisition of two prime office buildings in Paris and Brussels by Released Generali Real Estate S.p.A. has completed, on behalf of two Generali Group entities, the acquisition of a two-asset portfolio located in Paris and Brussels.
Investors | Jul 25, 2018 University of Michigan commits $40m to real estate fund by Jody Barhanovich The $11.2 billion Regents of the University of Michigan has committed $40 million to a fund managed by Dallas-based Thackeray Partners.
Transactions | Jul 25, 2018 AccorInvest to put one of Australia’s largest hotel portfolios for sale by Andrea Zander One of Australia’s largest hotel portfolios will soon be placed on the market by AccorInvest.
Transactions | Jul 25, 2018 Gaw Capital Partners expands footprint in Europe by Andrea Zander European Hospitality Fund I managed by GCP Hospitality, a subsidiary of Hong Kong–based Gaw Capital Partners, has acquired a 50 percent stake in Spain-based boutique hotel brand Hospes Hotel Group.
Research | Jul 24, 2018 JLL: Warsaw office market in excellent condition by Andrea Zander Almost 425,000 square meters (4.6 million square feet) of modern office space was leased in Warsaw in first half 2018, while an additional 700,000 square meters (7.5 million square feet) of offices remain under construction.
Transactions | Jul 24, 2018 Highwoods to build Asurion’s $285m HQ campus in Nashville, provide 400 new tech jobs by Andrea Zander Highwoods Properties has plans to build a new $285 million headquarters campus in Nashville’s central business district for Asurion, a privately held tech solutions firm.
Research | Jul 24, 2018 China overseas investment measures the lowest Q2 total since 2015 by Andrea Zander During the second quarter 2018, Mainland Chinese Real Estate Investment Overseas (MCREIO) continued to trend downward with $4.3 billion being deployed, the lowest second quarter total since 2015, according to Cushman & Wakefield.
Fundraising | Jul 24, 2018 Ares Management closes fourth European fund at €6.5b by Andrea Zander Ares Management has held a final closing for its fourth European direct lending fund.