Investors | Dec 6, 2017 Brokers+Engineers launches first NNN technology platform by Released Brokers+Engineers (B+E) has launched the first tech-driven brokerage firm and trading platform for net-lease real estate (NNN).
Transactions | Dec 6, 2017 Hines announces partnership with Tata Housing in India by Andrea Waitrovich Hines has entered into a partnership with India-based Tata Housing, to invest $23 million toward the development of India’s first wellness homes project — Serein.
People | Dec 6, 2017 Graeme Torre joins APG Asset Management by Andrea Waitrovich APG Asset Management has appointed Graeme Torre as a managing director to lead its private real estate business in the Asia Pacific.
Investors | Dec 6, 2017 Arkansas allocates up to $25m to debt fund by Jody Barhanovich Arkansas Teacher Retirement System has committed up to $25 million to a real estate fund managed by Torchlight Investors.
Fundraising | Dec 6, 2017 Encore Enterprises launches multifamily real estate fund by Jody Barhanovich Encore Enterprises, Inc., has launched a new real estate fund that will target the U.S. multifamily sector.
Transactions | Dec 5, 2017 Blackstone Group buys stake in Lower Manhattan office for $1.55b by Andrea Waitrovich The Blackstone Group to buy a 49-percent stake in One Liberty Plaza in Lower Manhattan from Brookfield Property Partners for $1.55 billion.
Transactions | Dec 5, 2017 Industrial Outdoor Ventures closes on largest managed truck and trailer parking lot in U.S. by Released Industrial Outdoor Ventures has acquired the largest managed truck and trailer parking lot in the United States from Norco Trucking Corp.
Research | Dec 5, 2017 CMBS delinquency rate drops 3 bps in November by Jody Barhanovich The Trepp CMBS Delinquency Rate fell modestly in November, marking the fifth straight month in which the reading has dropped.
Transactions | Dec 5, 2017 Chinese investor buys Canary Wharf tower for £270m by Andrea Waitrovich Cheung Kei Group has acquired 5 Churchill Place in Canary Wharf from Said Holdings for £270 million ($360 million).
Transactions | Dec 5, 2017 Lane Partners buys San Jose complex for $225m by Andrea Waitrovich Lane Partners has acquired Brocade Communications’ corporate headquarters in San Jose for $225.5 million.
Investors | Dec 5, 2017 University of Michigan commits $40m to real estate fund by Jody Barhanovich The Regents of the University of Michigan has committed $40 million to a fund managed by Cypress Real Estate Advisors.
Transactions | Dec 5, 2017 Patrizia sells €200m Dutch residential portfolio by Andrea Waitrovich Patrizia Immobilien AG has sold a 61-property residential portfolio in the Netherlands for €200 million ($236 million).
Research | Dec 5, 2017 Seattle’s record multifamily supply cannot keep up with housing demand by Jody Barhanovich With more than 1,100 residents moving to the Puget Sound weekly, the Seattle area is the ninth fastest-growing metro in the nation.
Transactions | Dec 5, 2017 GIC buys office in Brisbane for $281m by Andrea Waitrovich Singaporean sovereign wealth fund GIC has acquired the 41-story Santos Place tower in Brisbane, Australia.
Investors | Dec 5, 2017 Deutsche Asset Management to use DWS as global umbrella brand by Released Deutsche Asset Management announced it will introduce DWS as its new global brand.