Research | Nov 20, 2017 San Francisco named number 1 high-tech job growth market by Andrea Waitrovich Tech jobs grew four times faster than the national average, according to CBRE Research’s 2017 Tech-30 report. San Francisco was the top high-tech job growth market for the sixth year in a row with a 39.4 percent job growth from 2015 to 2016.
Fundraising | Nov 20, 2017 Brickman raises $50m for new value-added fund by Jody Barhanovich Brickman, a New York–based real estate investor and operator, has raised $50 million for its new value-added fund.
Investors | Nov 20, 2017 Illinois Municipal commits $75m to real estate fund by Jody Barhanovich Illinois Municipal Retirement Fund has committed up to $75 million to a fund managed by Artemis Real Estate Partners.
People | Nov 20, 2017 IMRF appoints Brian Collins as next executive director by Jody Barhanovich Illinois Municipal Retirement Fund board of trustees has hired City of Memphis CFO and director of finance and administration Brian Collins as the organization’s next executive director.
Transactions | Nov 20, 2017 ATP and Danica enter into € 1.9b joint venture agreement on Danish shopping center portfolio by Andrea Waitrovich The two Danish pension funds, ATP and Danica, have entered into a joint venture agreement that will include 16 leading Danish shopping centers with a total value of € 1.9 billion ($2.2 billion).
Research | Nov 20, 2017 GIC acquires majority Stake in new innovation precinct in Melbourne by Released GIC, Singapore’s sovereign wealth fund, announced its participation as a majority investor in a new innovation precinct in Melbourne, Australia
Research | Nov 20, 2017 Asia Pacific property stocks outperform other regions globally by Christopher Hartung Due to a seemingly ever-expanding list of countries with better economic growth prospects, September extended the Asia Pacific property sector’s positive performance, with total returns of 1.3 percent. Impressively, three-quarters through 2017, the region has only suffered one month with negative returns, a nominal –0.3 percent return in June.
Transactions | Nov 20, 2017 Network Rail plans to sells it real estate business by Andrea Waitrovich Network Rail has plans to sell its £1 billion ($1.33 billion) commercial property portfolio.
Transactions | Nov 20, 2017 Mainstreet Health Investments acquires 42-property portfolio for $425m by Jody Barhanovich Mainstreet Health Investments, a healthcare real estate company, has entered into definitive agreements with Tiptree Inc. and certain subsidiaries to acquire Care Investment Trust for $425 million.
Transactions | Nov 20, 2017 Gaw Capital pays $252m for Singapore office by Andrea Waitrovich Everfit Sage Pte, a special-purpose vehicle managed by Gaw Capital Partners, has plans to purchase PoMo.
Fundraising | Nov 20, 2017 LaSalle raises more than £800m for Europe debt fund by Andrea Waitrovich LaSalle Investment Management has held a final close of its Europe debt fund.
Transactions | Nov 17, 2017 Chinese conglomerate to sell $5b in property projects by Andrea Waitrovich Dalian Wanda Group has plans to sell five large-scale projects in Britain, the United States and Australia to a single buyer for an estimated $5 billion.
Fundraising | Nov 17, 2017 1Sharpe Capital collects $500m for fund by Released Oakland, Calif.–based 1Sharpe Capital, a global asset manager, today announced the initial capital raise of $500 million.
Transactions | Nov 17, 2017 British Land unveils €220m London redevelopment by Andrea Waitrovich British Land has plans to invest £196 million ($259 million) in the redevelopment of an office building at Regent’s Place in London’s West End.
Transactions | Nov 17, 2017 SL Green to sell office building in Manhattan for $305m by Andrea Waitrovich SL Green Realty Corp. has sold 600 Lexington Avenue.
Transactions | Nov 17, 2017 Kennedy Wilson sells Alameda, Calif., apartment complex for $231m by Released Kennedy Wilson has sold the 615-unit Summer House apartment complex in Alameda, Calif.
Fundraising | Nov 17, 2017 Fabrix Capital launches second fund by Andrea Waitrovich London-based Fabrix Capital has launched Fabrix Fund 2.
Transactions | Nov 17, 2017 Recent commercial real estate transactions by Roxy Rhodes Transactions reported this week included the sale of an industrial portfolio.
Investors | Nov 17, 2017 Catella establishes fund management Catella Residential Investment Management GmbH by Released Sweden-based property firm Catella has founded a new company, the Catella Residential Investment Management GmbH (CRIM).
Fundraising | Nov 17, 2017 Allianz, TH Real Estate to raise $750m for China outlet mall fund by Andrea Waitrovich Allianz and TH Real Estate have set up a $750 million fund, ERES APAC II – China Outlets, a core-plus and closed-ended U.S.-denominated fund that will invest in premier outlet malls in China.
