Transactions | Jul 10, 2017 Sunac to pay $9.3b for Wanda hotels, theme parks by Andrea Waitrovich Dalian Wanda Group Co. will sell hotels and cultural and tourism projects to Chinese developer Sunac China Holdings for $9.3 billion.
Investors | Jul 7, 2017 Texas TRS commits €90m to European fund by Jody Barhanovich The $133.4 billion Teacher Retirement System of Texas has committed €89.7 million ($102 million) to a fund managed by CBRE Global Investors.
Investors | Jul 7, 2017 Allianz Real Estate forms JV to acquire class-A office properties by Andrea Waitrovich Allianz Real Estate has formed a joint venture with Columbia Property Trust.
Fundraising | Jul 7, 2017 Walton Street Capital holds $1.3b final close by Jody Barhanovich Walton Street Capital has held a final close.
Research | Jul 7, 2017 Chicago has the most green office space in the U.S. by Andrea Waitrovich The Windy City is now the Green Windy City as Chicago claimed first place, beating out San Francisco, last year’s leader and this year’s runner-up, according to the 2017 National Green Building Adoption Index.
Transactions | Jul 7, 2017 Recent commercial real estate transactions by Andrea Waitrovich Transactions reported this week included the sale of a two-property portfolio in Los Angeles.
Transactions | Jul 7, 2017 U.S. economy gains a strong 222,000 jobs in June by Andrea Waitrovich An estimated 222,000 jobs were added to the U.S. economy in June, and the unemployment rate was little changed at 4.4 percent.
Transactions | Jul 6, 2017 Bain and Oaktree to sell IMC to Blackstone by Released Blackstone Group has acquired International Market Center.
Transactions | Jul 6, 2017 CBRE Global Investors JV acquires iconic upscale mixed-use property in Miami Beach for BVK account by Andrea Waitrovich CBRE Global Investors and German investment company Universal-Investment have acquired 1111 Lincoln.
Research | Jul 6, 2017 Cushman & Wakefield reports positive outlook for Asia Pacific by Andrea Waitrovich Positive economic momentum and steady job creation across Asia Pacific will remain a strong catalyst for office property demand and asset performance in most of the region’s 25 major cities, according to Cushman & Wakefield.
Investors | Jul 6, 2017 South Korea’s sovereign fund aims to double AUM by 2020 by Andrea Waitrovich Eun Sung-soo, CEO of the Korea Investment Corp., said the sovereign fund plans to increase its assets under management to $200 billion by 2020, according to Yonhap News.
Transactions | Jul 6, 2017 Aimco acquires 47% interest in L.A. apartments by Jody Barhanovich Apartment Investment and Management Co. has acquired a 47 percent interest in three Los Angeles apartment properties
Transactions | Jul 6, 2017 Allianz buys office project in Vienna for €500m by Andrea Waitrovich The Allianz Group has expanded its real estate portfolio in Vienna.
Fundraising | Jul 6, 2017 Kennedy Wilson launches sixth real estate fund by Jody Barhanovich Kennedy Wilson has launched a sixth real estate fund.
Investors | Jul 6, 2017 GTIS Partners forms JV with GoldenTree Asset Management by Released GoldenTree Asset Management and GTIS Partners have formed a new joint venture focused on real estate debt.
People | Jul 6, 2017 CPPIB names new global head of real assets by Andrea Waitrovich The C$316.7 billion ($244.7 billion) Canada Pension Plan Investment Board has named new global head of real assets.
Research | Jul 5, 2017 U.K. remains most attractive global commercial real estate market by Released One in three (31 percent) commercial real estate investors say that the U.K. remains their preferred region to invest in, according to the latest BrickVest commercial property investment barometer.
Transactions | Jul 5, 2017 Prologis to acquire partner’s interest in Brazil portfolio by Andrea Waitrovich Prologis has plans to acquire its partner’s interest in its Brazil portfolio for BRL1.2 billion ($362 million).
Transactions | Jul 5, 2017 Greystar to acquire Monogram in $3b deal by Andrea Waitrovich A new fund led by Greystar Real Estate Partners has plans to acquire U.S. apartment developer.
Investors | Jul 5, 2017 OCERS total fund increases 1.15% in May by Jody Barhanovich The Orange County (Calif.) Employees Retirement System’s total fund recorded a 1.15 percent increase in May.
