Research | Dec 16, 2015 Federal Reserve hikes interest rates by Zoë Wolff After several months of maintaining rates, the Federal Open Market Committee unanimously voted to raise interest rates at its meeting on Dec. 15 and 16.
Transactions | Dec 16, 2015 Two foreign investors buy U.S. properties by Andrea Waitrovich In separate deals, two foreign investors have bought two assets in U.S. markets, totaling $290 million in sales prices.
Research | Dec 16, 2015 London continues to be the world's highest-priced office market by Andrea Waitrovich London’s West End was the world’s highest-priced office market for the second straight year and four out of the stop five were Asia Pacific cities.
Fundraising | Dec 16, 2015 Rockpoint fund raises additional $1.6b by Zoë Wolff The Rockpoint Group has raised an additional $1.6 billion for one of its fund.
Investors | Dec 16, 2015 SFERS commits £40m to real estate by Zoë Wolff The San Francisco Employees’ Retirement System has committed £40 million ($60 million) to real estate.
Transactions | Dec 15, 2015 JV forms for S$1.1b office venture in Singapore by Andrea Waitrovich City Developments Ltd., via its second profit participation securities, has agreed to create a S$1.1 billion ($780 million) joint office investment platform.
Fundraising | Dec 15, 2015 Related Cos. exceeds fundraising goal by Andrea Waitrovich Related Cos. has announced the final closing of its opportunity fund with equity commitments of more than $1 billion.
Research | Dec 15, 2015 Asian capital into European hotels increased 393% since 2007 by Andrea Waitrovich Approximately €1.6 billion ($1.75 billion) of Asian capital was invested in the European hotel sector in 2015.
Investors | Dec 15, 2015 California pension fund commits $50m to core real estate by Zoë Wolff The $2.5 billion San Joaquin County (Calif.) Employees’ Retirement Association has committed $50 million to two real estate managers.
Investors | Dec 15, 2015 Illinois Teachers' commits $50m to real estate by Zoë Wolff The $45.8 billion Teachers’ Retirement System of Illinois has committed $50 million to real estate.
Transactions | Dec 14, 2015 San Francisco Bay Area apartment sells for $245m by Andrea Waitrovich Essex Property Trust has sold an apartment in Menlo Park, Calif., a submarket of San Francisco.
Investors | Dec 14, 2015 PSERS commits $100m to debt fund by Zoë Wolff The $51.2 billion Pennsylvania Public School Employees’ Retirement System has committed up to a debt fund.
Fundraising | Dec 14, 2015 Standard Life holds €391m final close by Andrea Waitrovich Standard Life Investments has held a final close for its second European real estate club fund.
Transactions | Dec 11, 2015 Recent commercial real estate transactions by Andrea Waitrovich The largest transactions are an office property in Boston and a hotel in the San Francisco Bay Area.
Fundraising | Dec 10, 2015 PW Real Assets raises $565m for third fund by Zoë Wolff PW Real Assets, formerly Perella Weinberg, has raised $564.7 million for its third fund.
Transactions | Dec 10, 2015 Frasers Centrepoint sells two Singapore properties for $600m by Andrea Waitrovich Frasers Centrepoint has sold two properties in Singapore for a total sales price of $598.1 million.
Transactions | Dec 10, 2015 Shanghai tower sells for $422m by Andrea Waitrovich ARA Asset Management Group has an office tower in Shanghai for $421.9 million.
Transactions | Dec 10, 2015 Tishman buys Boston office for $316m by Andrea Waitrovich Tishman Speyer has bought an office in Boston for $316.5 million from Ares Management and CV Properties, which developed the asset.
Fundraising | Dec 10, 2015 UPDATED: Wolff Co. fund raises $650m by Zoë Wolff The Wolff Co. has raised $650 million in equity commitments for its third fund.
Fundraising | Dec 9, 2015 J.P. Morgan holds €747m final close by Andrea Waitrovich J.P. Morgan Asset Management – Global Real Assets has announced a final close for its third closed-end European property fund.