Transactions | Jun 30, 2017 Keppel REIT buys stake in Australia office site by Andrea Waitrovich Keppel REIT has signed an implementation deed with Australia Postal Corp. to buy a 50 percent interest in a premium office tower.
Transactions | Jun 30, 2017 D.R. Horton, Forestar Group to merge under new $560m agreement by Andrea Waitrovich Forestar Group has accepted a $560 million majority acquisition bid from Texas-based homebuilder D.R. Horton.
Transactions | Jun 30, 2017 Recent commercial real estate transactions by Andrea Waitrovich Transactions reported this week included the sale of offices in Tennessee and Sacramento.
Research | Jun 29, 2017 Americans eating out more by Andrea Waitrovich Americans are now eating out more than ever before due to the growing trend of creating an experience and the foodie culture, according to Cushman & Wakefield’s Global Food & Beverages Report.
Fundraising | Jun 29, 2017 Harrison Street holds $950m final close by Released Harrison Street Real Estate Capital has closed its sixth U.S. opportunistic real estate fund.
Investors | Jun 29, 2017 OP&F adopts new long-term asset allocation by Jody Barhanovich The $15.1 billion Ohio Police & Fire Pension Fund has adopted a new long-term asset allocation policy.
Transactions | Jun 29, 2017 Strategic Property Partners plans $3b Tampa waterfront project by Andrea Waitrovich Strategic Property Partners has plans to develop the $3 billion Water Street project in Tampa.
Investors | Jun 29, 2017 Texas Permanent commits $400m to real estate funds by Jody Barhanovich The $30 million Texas Permanent School fund has committed $400 million to three real estate funds.
Transactions | Jun 29, 2017 Walgreens changes Rite Aid deal, to buy stores instead by Andrea Waitrovich Walgreens has cancelled its deal to buy Rite Aid and replaced it with a new agreement.
Investors | Jun 29, 2017 BlackRock to head ASU Foundation endowment by Jody Barhanovich BlackRock has been chosen to manage the $600 million Arizona State University Foundation endowment.
Transactions | Jun 29, 2017 CPPIB and partner plan to sell Australian shopping centers by Andrea Waitrovich A joint venture plans to sell more than A$600 million ($460 million) of shopping centers in Australia.
Transactions | Jun 29, 2017 CBRE Global Investors buys Waterloo hotel for £160m by Released CBRE Global Investors has bought a hotel in London for £160 million ($208 million).
Transactions | Jun 28, 2017 Blackstone to acquire Croesus Retail Trust by Andrea Waitrovich Blackstone Group has signed a deal to acquire Singapore-listed Croesus Retail Trust for S$900.6 million ($652 million).
Transactions | Jun 28, 2017 Government Properties Income Trust to acquire First Potomac Realty Trust for $1.4b by Andrea Waitrovich Government Properties Income Trust to acquire all of the outstanding common shares of First Potomac Realty Trust.
Investors | Jun 28, 2017 New Mexico approves $50m commitment to Berkshire fund by Jody Barhanovich New Mexico State Investment Council approved the previously reported proposed commitment of $50 million.
Transactions | Jun 28, 2017 AEW acquires office in Shanghai for $226m by Andrea Waitrovich AEW has acquired an office building in Shanghai for $226 million.
Investors | Jun 28, 2017 Dexus Property establishes healthcare JV with Commercial & General by Andrea Waitrovich Australian REIT Dexus Property Group has formed a joint venture with Adelaide-based developer Commercial & General.
Fundraising | Jun 28, 2017 Bridge Investment Group raises $1.6b for its CRE-backed fixed-income strategy by Released Bridge Investment Group has secured approximately $1.6 billion in equity commitments.
People | Jun 28, 2017 Hodes Weill appoints Jonathan Read as a principal in London office by Released Hodes Weill & Associates has appointed Jonathan Read as a principal in its London office.
Fundraising | Jun 28, 2017 Rockspring fund receives €50m commitment by Jody Barhanovich Rockspring Property Investment Managers has raised a further commitment for one of Europe’s longest-standing open-ended funds