Research | Dec 28, 2016 Nordic property transactions set record of €43b in 2016 by Andrea Waitrovich p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 11.0px Helvetica; -webkit-text-stroke: #000000} span.s1 {font-kerning: none} Transaction volumes in the Nordic property market will exceed €43 billion ($45 billion) in 2016, according to new figures from Pangea Property Partners.
Research | Dec 28, 2016 Central London office investment to approach £17b in 2016, says Savills by Andrea Waitrovich p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 11.0px Helvetica; -webkit-text-stroke: #000000} span.s1 {font-kerning: none} Central London’s 2016 office investment market is expected to have a total transaction volume of more than £16.8 billion, 20 percent ahead of the long-term average of £4.4 billion, according to Savills.
Research | Dec 27, 2016 Housing prices return to pre-recession level by Larry Gray National home prices have climbed back to the 2006 peak achieved prior to the global financial crisis and the single-family housing market crash.
Transactions | Dec 27, 2016 Oaktree Capital and Cypress Office Properties JV buys Phoenix office asset by Andrea Waitrovich A joint venture between Oaktree Capital Management and Cypress Office Properties has acquired an 1 million-square-foot office campus in Phoenix.
Transactions | Dec 27, 2016 Greenbridge acquires office property from LBA Realty by Larry Gray Greenbridge Investment Partners, a Beverly Hills, Calif.–based full-service commercial real estate firm, has acquired an office campus in Renton, Wash., for $54.4 million.
Transactions | Dec 27, 2016 Mitsubishi Estate and Ping An Real Estate to fund Lendlease A$1.5b project by Andrea Waitrovich Lendlease has announced that construction of Sydney’s tallest office building will be funded by aChinese financial conglomerate.
Transactions | Dec 23, 2016 German investor enters NYC hotel market by Andrea Waitrovich Following its first hotel acquisitions in Boston and Chicago, Hamburg-based Union Investment has entered the New York City hotel market.
Transactions | Dec 23, 2016 Recent commercial real estate transactions by Andrea Waitrovich The largest transactions are two portfolios.
Fundraising | Dec 22, 2016 Carroll raises $40m for multifamily fund by Jody Barhanovich Carroll Organization has held a $40 million close for its fourth fund.
Transactions | Dec 22, 2016 Manhattan properties change hands for a total of $575m by Andrea Waitrovich In two property deals, several New York City properties were sold for a total of $575 million.
Transactions | Dec 22, 2016 3i acquires infrastructure assets from EISER fund by Jody Barhanovich 3i Group has acquired a portfolio of European infrastructure assets from the EISER Global Infrastructure Fund.
Investors | Dec 22, 2016 Illinois Municipal commits $185m to infrastructure, real estate by Jody Barhanovich The $34.7 billion Illinois Municipal Retirement Fund committed $185 million to three infrastructure and real estate vehicles.
Investors | Dec 22, 2016 State of Michigan commits $310m to infrastructure, real estate funds by Jody Barhanovich The $62 billion State of Michigan Retirement Systems committed $310 million to three infrastructure and real estate funds in the quarter ending Sept. 30.
Transactions | Dec 22, 2016 Echo Investment sells Polish office tower for €273m by Andrea Waitrovich Echo Investment has sold an office in Warsaw to Invesco Real Estate for €273 million ($286 million).
Investors | Dec 22, 2016 Oregon PERF commits $400m to infrastructure, real estate funds by Jody Barhanovich The $68.5 billion Oregon Public Employees Retirement Fund has committed $400 million to infrastructure and real estate vehicles.
Transactions | Dec 22, 2016 AXA acquires €310m German healthcare portfolio by Andrea Waitrovich AXA Investment Managers – Real Assets has completed the acquisition of a portfolio of 17 healthcare assets in Germany.
Investors | Dec 21, 2016 Arizona PSPRS commits up to $40m to Lubert-Adler by Jody Barhanovich The $8.3 billion Public Safety Personnel Retirement System of the State of Arizona has committed up to $40 million to a fund managed by Lubert-Adler.
Transactions | Dec 21, 2016 Sumitomo enters Atlanta office market by Andrea Waitrovich Sumitomo Corporation of Americas has closed on its purchase of an office in Atlanta.
Fundraising | Dec 21, 2016 Ardstone holds €185m first close for Irish fund by Andrea Waitrovich Pan-European real estate manager Ardstone Capital has held a first close for its residential development fund.
Fundraising | Dec 21, 2016 Cording, Warburg-HIH launch €300m Benelux fund by Andrea Waitrovich The real estate investment and asset management company Cording Real Estate Group, together with Warburg-HIH Invest Real Estate, has launched the Benelux Commercial Real Estate Fund.
