Investors | Aug 25, 2017 OP&F reports 14.3% gross return for fiscal year 2017 by Jody Barhanovich Ohio Police & Fire Pension Fund total’s fund return for fiscal year ending June 30, 2017, was 14.27 percent.
Transactions | Aug 25, 2017 Patron Capital completes £1.8b acquisition of Punch Taverns by Released Patron Capital has completed its £1.8 billion ($2.3 billion) acquisition of Punch Taverns Plc.
Investors | Aug 25, 2017 Minnesota allocates up to $300m to two real estate funds by Jody Barhanovich The $85 billion Minnesota State Board of Investment has committed up to $150 million each to two new opportunistic real estate managers.
Transactions | Aug 24, 2017 AvalonBay JV to develop $600m S.F. residential project by Andrea Waitrovich A development team has been selected to build a $600 million residential project in San Francisco.
Research | Aug 24, 2017 Asia Pacific e-commerce sales growth exceeds Europe and North America by Andrea Waitrovich GlobalData estimates the Asia Pacific e-commerce market at $1.4 trillion in 2017, up from $535 billion in 2013, representing a compound annual growth rate of 27 percent between 2013 and 2017.
Investors | Aug 24, 2017 Illinois TRS commits $100m to Asia real estate fund by Jody Barhanovich Teachers’ Retirement System of the State of Illinois has committed $100 million to an Asia real estate fund.
Research | Aug 24, 2017 Political uncertainty weighs on investor sentiment by Andrea Waitrovich Political uncertainty is weighing on investor sentiment, according to a special report by Marcus & Millichap.
Investors | Aug 24, 2017 New Mexico SIC commits $100m to real estate fund by Jody Barhanovich New Mexico State Investment Council has committed $100 million to an opportunistic real estate fund.
Research | Aug 24, 2017 Melbourne remains world’s most-livable city by Jennifer Molloy For the seventh consecutive year, Melbourne ranks as the most-livable city in the world, according to the Economist Intelligence Unit’s Global Livability Report 2017, released in August.
Research | Aug 24, 2017 Foreign investment in U.S. housing increases 49% to record $153b by Andrea Waitrovich Foreign investment in U.S. residential real estate totaled $153 billion, up 49 percent from 2016 ($102.6 billion), according to the 2017 Profile of International Activity in U.S. Residential Real Estate by National Association of Realtors.
Investors | Aug 24, 2017 Minnesota commits $150m to two real estate funds by Jody Barhanovich Minnesota State Board of Investment has committed up to $75 million each to two real estate funds.
Transactions | Aug 23, 2017 Stonemont Financial Group buys portfolio for $1.3b by Andrea Waitrovich Stonemont Financial Group has agreed to buy a 100-property portfolio of office, industrial and retail holdings across 20 states for $1.3 billion.
Transactions | Aug 23, 2017 Gramercy launches e-commerce-focused warehouse venture by Andrea Waitrovich Gramercy Property Trust has launched a new e-commerce joint venture.
Transactions | Aug 23, 2017 Allianz joins with Keppel to buy $525m Shanghai office by Released A co-investment between Allianz Real Estate and the Keppel Group will acquire Hongkou SOHO.
Research | Aug 23, 2017 Suburban office challenges CBD office by Andrea Waitrovich Demographics favor suburban office demand, according to a report by Marcus & Millichap, in a shift from recent years.
Research | Aug 23, 2017 Demand for L.A. industrial space continues to increase by Andrea Waitrovich The industrial vacancy rate in Los Angeles has remained steady at 2 percent over the 12 months through second quarter 2017, keeping Los Angeles the tightest industrial market in the nation, according to NAI Capital.
Investors | Aug 23, 2017 Ohio STRS reports 14.3% return for fiscal year 2017 by Jody Barhanovich State Teachers Retirement System of Ohio’s total fund return for the fiscal year ending June 30, 2017, was 14.29 percent.
Research | Aug 23, 2017 2018 hotel industry outlook remains positive by Released The U.S. lodging industry will see continued growth in all major metrics in 2018, albeit at a slower pace, according to the September 2017 editions of Hotel Horizons, CBRE Hotels’ Americas Research.
Transactions | Aug 23, 2017 Bedrock plans $1.6b development projects in downtown Detroit by Andrea Waitrovich Bedrock Real Estate Services has two mixed-use development projects approved for downtown Detroit, totaling $1.6 billion.
People | Aug 23, 2017 Savills Investment Management continues to strengthen its Asia team by Released Savills Investment Management has appointed a new Asia research manager.