Transactions | Oct 14, 2014 Malaysian pension fund sells German office portfolio by Andrea Waitrovich AEW Immocommercial is in contract to buy a four-property portfolio from Invesco Real Estate, which is selling the asset on behalf of Malaysia's Employees Provident Fund.
Transactions | Oct 14, 2014 J-REIT buys seven apartment complexes by Andrea Waitrovich Starts Proceed Investment Corp., a Japanese REIT, is in contracts to buy a seven-property multifamily portfolio.
Investors | Oct 14, 2014 Texas Teachers commits $400m to real estate by Reg Clodfelter The Teacher Retirement System of Texas has committed to Starwood Capital Group and Iron Point Partners.
Japanese investor buys Hawaiian hotel for $290m by Andrea Waitrovich Japan-based Resorttrust has completed its acquisition of The Kahala Hotel and Resort in Honolulu.
Investors | Oct 13, 2014 SFERS commits to Asian real estate by Reg Clodfelter The San Francisco Employees' Retirement System has committed $50 million to Asian real estate.
Transactions | Oct 13, 2014 M&G Real Estate buys portfolio of assets in Japan by Andrea Waitrovich M&G Real Estate has acquired 12 residential properties and an office building in Japan as part of its strategy to improve long-term income and add diversification to its core Asia real estate portfolio.
Transactions | Oct 10, 2014 Recent commercial real estate transactions by Andrea Waitrovich The largest transactions were an office property in Washington, D.C., and a hotel in Florida.
Transactions | Oct 9, 2014 UPDATED: GIC pays $1.6b for Tokyo office component, sells London office for $945m by Andrea Waitrovich GIC, Singapore's sovereign wealth fund, has closed on its acquisition of the office portion of the 32-story Pacific Century Place Marunouchi in Tokyo from Secured Capital Investment Management.
Investors | Oct 9, 2014 Iowa switches REIT managers by Reg Clodfelter The Iowa Public Employees' Retirement System has moved on from RREEF Securities as a domestic REIT manager, terminating its separate account relationship with the firm.
Fundraising | Oct 9, 2014 Mega-funds continue to dominate fundraising by Reg Clodfelter After pulling in two-thirds of investor capital raised in fund closings during the first half of 2014, mega-funds are at it again.
Transactions | Oct 9, 2014 Parkway Properties buys and sells office assets by Andrea Waitrovich In separate portfolio deals, Parkway Properties has sold one office property portfolio and is under contract to buy another.
Investors | Oct 8, 2014 PSERS commits $300m to real estate by Reg Clodfelter The $53.3 billion Pennsylvania Public School Employees' Retirement System has committed $300 million to real estate and real estate secondaries.
Transactions | Oct 8, 2014 Ivanhoé Cambridge invests in Mexico with new partner by Andrea Waitrovich, released 10/8/14 Ivanhoé Cambridge has formed a new partnership with Black Creek Group, a real estate private equity firm with experience sponsoring real estate companies in Mexico.
Transactions | Oct 8, 2014 KanAm Grund sells three-office portfolio for a total of $934m by Andrea Waitrovich Germany-based KanAm Grund has sold three office properties around the world.
Transactions | Oct 8, 2014 New Boston JV sells St. Louis campus by Andrea Waitrovich New Boston Fund and Koman Group have sold the 40-acre City Place campus in Creve Coeur, Mo., to joint venture partners NorthStar Realty Finance and Redico.
Research | Oct 8, 2014 Unemployment rate drops below 6% for first time since 2008 by Reg Clodfelter The U.S. unemployment declined to 5.9 percent in September, dropping below 6 percent for the first time since July 2008.
Investors | Oct 7, 2014 North Carolina to invest up to $1.75b in real estate annually through 2016 by Reg Clodfelter The North Carolina Retirement Systems is looking to invest $300 million to $750 million annually in noncore real estate through 2016 and $700 million to $1 billion annually in core real estate over the same period.
Transactions | Oct 7, 2014 Columbia Property completes $290m sale by Andrea Waitrovich Columbia Property Trust has completed the sale of a five-building, 1.1 million-square-foot, class A office campus in Atlanta for $290 million.
Transactions | Oct 7, 2014 TIAA Henderson enters Australian market by Andrea Waitrovich TIAA Henderson Real Estate has acquired a 75 percent interest in Mount Ommaney Center in Brisbane, Australia, with its partner Federation Centres.
Research | Oct 7, 2014 REIT's big year comes to a halt in September by Reg Clodfelter REIT momentum came to a grinding halt in September as the FTSE NAREIT All Equity REITs index lost 5.61 percent over the month.
