Research | Jul 12, 2017 Institutional investors increase real estate investments by Andrea Waitrovich U.S.-based pension, foundation and endowment funds are investing more of their institutional capital into real estate, according to data collected by Real Estate Finance & Investment.
Transactions | Jul 11, 2017 UPDATED: GLP considers platform bids amid transparency complaints by Jennifer Molloy As part of a strategic business review of its options, Singapore-based Global Logistic Properties is currently considering shortlisted bids to acquire the company, but the proposal process has come with some controversy.
Transactions | Jul 11, 2017 GSA cancels $2b FBI HQ project by Andrea Waitrovich The General Services Administration has canceled its plans to build a new $2 billion Federal Bureau of Investigation headquarters.
Investors | Jul 11, 2017 Houston Municipal commits $20m to storage fund by Jody Barhanovich Houston Municipal Employees Pension System has committed $20 million to a fund managed by Prime Group Holdings.
Research | Jul 11, 2017 Central London property sales reach £9b by Andrea Waitrovich Investment into commercial property in Central London reached nearly £9 billion ($11.6 billion) during the first half of 2017, an 18 percent increase on the same period in 2016, according to data from Cushman & Wakefield.
Investors | Jul 11, 2017 Alexander & Baldwin approves REIT conversion by Released Alexander & Baldwin announced that its board of directors today unanimously approved the company’s conversion to a real estate investment trust.
Transactions | Jul 11, 2017 Starwood JV sells portfolio of Spanish hotels for €230m by Andrea Waitrovich Starwood Global Opportunity Fund X, a fund managed by Starwood Capital Group, has sold its interest in a collection of hotels across key leisure markets in Spain.
Fundraising | Jul 11, 2017 Wolff Co. raises $387m for debt fund by Jody Barhanovich The Wolff Co. has raised $387.4 million for its core-plus/value-added real estate fund.
Fundraising | Jul 10, 2017 BlackRock holds £500m first close by Jody Barhanovich BlackRock has held a first close, raising more than £500 million ($644 million).
Transactions | Jul 10, 2017 Apollo to buy golf course operator ClubCorp for $1.1b by Andrea Waitrovich Apollo Global Management has acquired ClubCorp Holdings.
Research | Jul 10, 2017 REITs return 2.0% in June by Loretta Clodfelter U.S. equity REITs recorded a total return of 1.96 percent in June, according the FTSE NAREIT All Equity REITs Index.
Fundraising | Jul 10, 2017 WNC closes $144m institutional LIHTC Fund by Released WNC has closed a $144 million institutional low-income housing tax credit fund.
People | Jul 10, 2017 CBRE Global Investors appoints logistics portfolio manager by Released CBRE Global Investors has appointed Laurie Lagarde as a portfolio manager.
Research | Jul 10, 2017 Mall vacancy increases in Q2 2017 by Jody Barhanovich The vacancy rate for U.S. regional malls was 8.1 percent in second quarter 2017.
Investors | Jul 10, 2017 Texas TRS makes commitments to Principal and CBRE funds by Jody Barhanovich Teacher Retirement System of Texas has committed $230 million to a fund managed by Principal Real Estate Investors.
Investors | Jul 10, 2017 TPG forms JV with Stoford for U.K. logistics by Andrea Waitrovich TPG Real Estate and Stoford have made a first acquisition for a logistics joint venture.
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.
