Transactions | Mar 17, 2017 Mack-Cali buys New Jersey portfolio for $368m by Andrea Waitrovich RXR Realty has sold a portfolio of six class A office properties totaling 1.1 million square feet in Northern New Jersey for $368 million.
Transactions | Mar 17, 2017 Recent commercial real estate transactions by Andrea Waitrovich Transactions reported this week included the sale of a hotel in Colorado.
Transactions | Mar 16, 2017 CPPIB JV acquires $1.6b student housing portfolio by Andrea Waitrovich A consortium of the C$298 billion ($223 billion) Canada Pension Plan Investment Board, Singapore’s GIC sovereign wealth fund and The Scion Group has acquired three portfolios of U.S. student housing.
Fundraising | Mar 16, 2017 CIIAM launches global private real estate fund of funds by Andrea Waitrovich CI Institutional Asset Management (CIIAM), a division of CI Investments, has launched a global real estate fund in association with CBRE Global Investment Partners.
Fundraising | Mar 16, 2017 Whitman Peterson holds $325m second close by Jody Barhanovich Whitman Peterson has raised $325 million for its latest opportunistic fund in a second close.
Transactions | Mar 16, 2017 Korean investor buys Brussels office for €112m by Andrea Waitrovich CBRE Global Investors, on behalf of a Korean institutional separate account client, has acquired the long-term leasehold of an office building in Brussels.
Transactions | Mar 16, 2017 Canadian investor to purchase SF office for $250m by Andrea Waitrovich Toronto-based Brookfield Asset Management has plans to purchase the 488,000-square-foot 1 Post St. office building in San Francisco.
Fundraising | Mar 15, 2017 Helaba hires Stam Europe to invest in property sector in France by Andrea Waitrovich Frankfurt-based Helaba Invest and its strategic partners have chosen Stam Europe and its subsidiary Stam France IM to set up and manage its French real estate fund.
Research | Mar 15, 2017 China is largest source of foreign investors in U.S. by Andrea Waitrovich China has hit a record of $33 billion in overseas commercial and residential property investment in 2016.
Research | Mar 15, 2017 Fed raises rates by a quarter point by Loretta Clodfelter The Federal Open Market Committee raised the target federal funds rate by 0.25 percent to a range of 0.75–1.00 percent at its meeting March 14–15.
Investors | Mar 15, 2017 Hawaii allocates $50m to Asian real estate fund by Jody Barhanovich The $15.1 billion Employees’ Retirement System of the State of Hawaii has committed $50 million to an Asian real estate fund.
Research | Mar 15, 2017 San Jose beats San Francisco as top U.S. office market by Andrea Waitrovich San Jose is the top U.S. office market, according to Marcus & Millichap’s 2017 National Office Property Index.
Transactions | Mar 15, 2017 $600m luxury condo tower to be developed in Manhattan by Andrea Waitrovich The Lightstone Group is developing a 50-story hotel and condo tower in Manhattan’s Financial District.
Transactions | Mar 15, 2017 Plans unveiled for £5b Liverpool Waters project by Andrea Waitrovich Peel Land & Property has revealed plans for the regeneration of the Central Docks neighborhood in Liverpool, England.
Investors | Mar 15, 2017 AP1, Elo and Trevian form €400m regional Finnish venture by Andrea Waitrovich Two Scandinavian pension funds — Finland’s Elo Mutual Pension Insurance and Sweden’s Första AP-fonden (AP1) — have formed a joint venture to invest in the Finnish real estate market.
Fundraising | Mar 15, 2017 Patrizia holds €55m final close for private investor real estate fund by Jody Barhanovich Patrizia Immobilien AG, a European investment manager, has held a final close for its second real estate fund for private investors.
Research | Mar 14, 2017 Pan-European property fund performance moderated in 2016 by Andrea Waitrovich Pan-Europe property funds delivered a net fund return of 2.3 percent in fourth quarter 2016, reports MSCI.
Research | Mar 14, 2017 $435b of new global capital targets commercial real estate by Andrea Waitrovich Some $435 billion in new capital is available for global real estate investment in 2017, according to Cushman & Wakefield’s annual Great Wall of Money report.
Research | Mar 14, 2017 European property remains a stable safe haven by Andrea Waitrovich Real estate across Europe remains a stable, safe-haven asset class despite political, economic, demographic, technological and disruptive factors driving change and uncertainty.
Research | Mar 14, 2017 European urban logistics set for growth as online share of retail market grows by Andrea Waitrovich The online share of the E.U. retail market has risen from 7 percent to 9 percent over the past two years, an increase that will provide further support to the urban logistics sector.
