Investors | Nov 16, 2018 South Carolina RSIC puts $100m toward Brookfield fund by Jody Barhanovich The $31.3 billion South Carolina Retirement System Investment Commission has committed $100 million to a fund managed by Brookfield Asset Management.
Fundraising | Nov 16, 2018 JCR Capital holds $306m final close for fourth real estate fund by Jody Barhanovich JCR Capital has held a $306 million final close on its fourth fund.
Investors | Nov 16, 2018 SFO Group and Swiss Life form JV by Andrea Zander Swiss Life Asset Managers has sold a majority stake in the German value-added office portfolio Artemis to the SFO Group.
Investors | Nov 16, 2018 Changing face of retail will have catastrophic impact on lease terms by Marek Handzel The evolution of shopping centers will result in a new era of fluid blended use retail spaces, leading to a catastrophic drop in the length of tenant leases.
Transactions | Nov 16, 2018 Deka acquires Czech logistics portfolio for €460m by Andrea Zander Deka has paid €460 million ($524 million) to acquire a logistics portfolio in the Czech Republic from the CTP Group.Â
Transactions | Nov 16, 2018 Recent commercial real estate transactions by Alicia Block Transactions reported this week included a hotel in Detroit.
People | Nov 16, 2018 Denmark’s ATP Real Estate names new CEO by Andrea Zander ATP Real Estate, the property investment arm of Denmark’s pension fund, has promoted CFO Martin Vang Hansen to the position of CEO.Â
Research | Nov 16, 2018 CBRE: Asian retail market remains stable by Andrea Zander The regional retail market remained stable during the third quarter 2018, with major markets including Hong Kong, Japan and Korea reporting improving sales growth, according to CBRE.Â
Transactions | Nov 15, 2018 Forest City Stockholders approve acquisition by Brookfield fund by Released Forest City Realty Trust announced that its stockholders approved the acquisition of Forest City by a real estate investment fund of Brookfield Asset Management.
Research | Nov 15, 2018 German funds make up 15% of total value invested in Poland, CEE region annually by Jody Barhanovich German funds have always been one of the main players on the investment market in Poland and the CEE region, according to Skanka, a development and construction company in Europe. However, in recent years their share in transaction volume has been decreasing.
Transactions | Nov 15, 2018 Commerz Real acquires office building in Chicago for €172m by Andrea Zander Commerz Real has acquired “The National” in Chicago for its open-ended real estate fund hausInvest for €175 million ($198 million).
Investors | Nov 15, 2018 CPPIB reports 2.5% net return for 6-month FY 2019 by Jody Barhanovich The Canada Pension Plan Investment Board (CPPIB) has reported a 2.5 percent net return for the six-month fiscal year-to-date period ending Sept. 30.
Transactions | Nov 15, 2018 El-Ad to acquire Agellan by Andrea Zander Elad Genesis Limited Partnership, an affiliate of El-Ad Group, has agreed to acquire all of the outstanding trust units of Agellan Commercial Real Estate Investment Trust .
Transactions | Nov 15, 2018 Two European funds buy retail assets in Paris by Andrea Zander In separate deals, two firms have acquired retail assets in Paris.
Transactions | Nov 15, 2018 Goldin Group pays $1.14b for residential site by Andrea Zander Hong Kong’s Lands Department announced that a residential site has been awarded to Hong Kong financial conglomerate Goldin Group for HK$8.9 billion ($1.14 billion).
Investors | Nov 15, 2018 McArthurGlen to invest €1b in centers by Andrea Zander Designer outlet developer McArthurGlen has plans to invest €1 billion ($1.13 billion) in its property portfolio over the next three years across Europe and Canada.
Transactions | Nov 15, 2018 IGIS and Hana pay NorthStar €670m for Frankfurt skyscraper by Andrea Zander Korean firms IGIS Asset Management and Hana Financial Investment have bought the 45-story Trianon skyscraper in Frankfurt, Germany, from NorthStar Realty Europe Corp.
Transactions | Nov 14, 2018 VICI Properties JV to buy Detroit casino-hotel for $1b by Andrea Zander VICI Properties and Penn National Gaming have acquired the real property and operations of the Greektown Casino-Hotel, located in downtown Detroit for an aggregate purchase price of about $1 billion in cash.
Research | Nov 14, 2018 Millennials will continue to fuel U.S. apartment demand by Andrea Zander TH Real Estate believes MiMis, or millennials, will continue to drive demand for U.S. apartments in the coming decade.
Research | Nov 14, 2018 Cushman & Wakefield shares insights on how blockchain impacts real estate industry by Andrea Zander Cushman & Wakefield’s latest research, Blockchain, Bitcoin and Real Estate - Part 2 of the Tech Disruptor Series, takes a deeper dive into the industries and verticals most likely to transition to blockchain technology in the coming years, and how these innovations will, in turn, impact commercial real estate.
