People | Feb 8, 2018 PSP Investments appoints new president and CEO by Andrea Zander The board of directors of the Public Sector Pension Investment Board (PSP Investments) has appointed Neil Cunningham as president and CEO.
Fundraising | Feb 8, 2018 Hamilton Point Investments launches sixth real estate fund by Jody Barhanovich Hamilton Point Investments has begun raising capital for its sixth fund.
Investors | Feb 8, 2018 Texas TRS commits $200m to core real estate fund by Jody Barhanovich Teacher Retirement System of Texas has approved a $200 million equity commitment to a fund managed by Madison International Prime Property Realty.
Transactions | Feb 7, 2018 Wyndham reportedly selling European vacation-rentals unit in $1b deal by Andrea Zander Platinum Equity, a U.S.-based investor, has been negotiating the details of a takeover of Wyndham Worldwide's European vacation rentals business.
Investors | Feb 7, 2018 Sina Cos. and Donati Health Partners announce merger by Released Sina Cos., a developer of medical real estate, has merged with Atlanta-based healthcare real estate developer Donati Health Partners.
Fundraising | Feb 7, 2018 Aberdeen launches one-stop global private markets fund by Released Aberdeen Standard Investments has launched its first comprehensive private markets solution for investors.
Research | Feb 7, 2018 U.K. residential property sees strong institutional investment demand, says report by Jody Barhanovich There is a strong institutional investment demand for U.K. residential property, according to Investment Property Forum’s 2017 survey.
Transactions | Feb 7, 2018 Brookfield Residential acquires national mixed-use developer OliverMcMillan by Released Brookfield Residential Properties has acquired the assets of national mixed-use developer OliverMcMillan.
People | Feb 7, 2018 Schroders strengthens U.S. real estate team by Released Schroders has announced the appointment of David Sullivan to head of strategic partnerships, North America.
Investors | Feb 7, 2018 CalPERS commits $750m to Blackstone’s European-focused vehicle by Jody Barhanovich The $329.9 billion California Public Employees’ Retirement System has committed $750 million to Blackstone’s European-focused real estate vehicle.
Investors | Feb 7, 2018 North Carolina reports 13.5% return in 2017 by Jody Barhanovich North Carolina Retirement System has reported gains of 13.5 percent for calendar year 2017, outperforming its benchmark of 12.8 percent, State Treasurer Dale Folwell announced.
Transactions | Feb 7, 2018 Google to buy Chelsea Market building for $2b by Andrea Zander Google has agreed to pay more than $2 billion for New York City’s Chelsea Market building at 75 Ninth Ave. between 15th and 16th streets.
Transactions | Feb 7, 2018 PGIM Real Estate sells Rock Square in Guangzhou, China by Andrea Zander PGIM Real Estate has sold a shopping mall in Guangzhou, China, on behalf of institutional investors.
People | Feb 7, 2018 Corestate appoints new CEO by Andrea Zander Corestate Capital Holdings has appointed Dr. Michael Bütter as its new CEO, effective May 1.
Fundraising | Feb 7, 2018 Blackstone exceeds fundraising target for Asia-focused fund by Jody Barhanovich Blackstone, the largest real estate private equity firm in the world, has exceeded its fundraising target for its most recent Asia-focused real estate fund.