Investors | Aug 24, 2018 CCCERA commits $75m to Invesco’s fifth U.S. value-add fund by Jody Barhanovich The $7.61 billion Contra Costa County (Calif.) Employees’ Retirement Association has made a $75 million commitment to a fund managed by Invesco.
Fundraising | Aug 24, 2018 Aermont Capital raises €1.9b for real estate fund by Jody Barhanovich Aermont Capital, an independent asset management business focused on real estate and real estate–related investment activities, has raised €1.904 billion ($2.21 billion) for its fund.
People | Aug 24, 2018 BPM names managing director in firm’s real estate group by Released Accounting and advisory firm BPM has appointed James Su as managing director in the firm’s real estate industry group.
Transactions | Aug 24, 2018 Cobalt Partners plans $200m mixed-use development in Milwaukee by Andrea Zander Cobalt Partners has plans to develop a $200 million mixed-use property in the Milwaukee suburb of Bayside, Wis., as part of its OneNorth project.
Transactions | Aug 24, 2018 Malaysian sovereign wealth fund in talks to sale stake in property JV by Andrea Zander Malaysian sovereign wealth fund Khazanah Nasional has plans to dispose of its 60 percent stake in property developer M+S.
Research | Aug 23, 2018 Coworking poised for significant growth by Andrea Zander Cushman & Wakefield’s Coworking and Flexible Office Space report examines coworking and flexible-office trends and their implication for the commercial real estate industry and its participants.
Investors | Aug 23, 2018 Goodman and CPPIB increase China equity commitment to $5b by Andrea Zander Goodman Group and Canada Pension Plan Investment Board have committed an additional $1.75 billion of equity to the Goodman China Logistics Partnership.
Research | Aug 23, 2018 San Diego office market remains healthy as companies expand by Andrea Zander In the second quarter, the San Diego office market reported positive net absorption again as area companies continue to expand, according to Transwestern.
Investors | Aug 23, 2018 Louisiana SERS commits $30m to income property fund by Jody Barhanovich The $1.9 billion Louisiana School Employees’ Retirement System has committed $30 million to a fund managed by HighBrook Investors.
Transactions | Aug 23, 2018 Digital Realty Trust expands $1b Dallas-area project by Andrea Zander Digital Realty Trust has expanded its Garland, Texas, project.
Investors | Aug 23, 2018 Ohio P&F reports 8.50% net return for FY 2018 by Jody Barhanovich The $15.87 billion Ohio Police & Fire Pension Fund has reported a portfolio performance return for the one-year ended June 30, 2018, of 8.50 percent (net of fees).
Transactions | Aug 23, 2018 Lincoln Property Co. JV acquires South Seattle business park by Released Lincoln Property Company and joint venture partner Admiral Capital Real Estate Fund II (ACRE II) have purchased South Seattle Business Park.
Transactions | Aug 23, 2018 NPS buys Goldman London HQ for £1.2b by Andrea Zander Goldman Sachs Group has agreed to a deal with South Korea's National Pension service to sell and lease back its new London headquarters, in a transaction valuing the property at £1.16 billion ($1.5 billion).
Transactions | Aug 22, 2018 Brookfield to redevelop GGP malls by Andrea Zander Brookfield Property Partners has plans to revitalize the 125-property portfolio it acquired in a $15 billion takeover of GGP, according to The Wall Street Journal.
Investors | Aug 22, 2018 Pebblebrook increases offer to merge with LaSalle Hotel Properties by Andrea Zander Pebblebrook Hotel Trust has increased its offer for LaSalle Hotel Properties.