Fundraising | Sep 15, 2014 Kennedy Wilson raises $159m for newly launched fifth fund by Reg Clodfelter Kennedy Wilson has raised $158.5 million for its newly launched Kennedy Wilson Real Estate Fund V, according to a filing with the SEC.
Fundraising | Sep 15, 2014 Energy Spectrum raises $784m for seventh fund by Reg Clodfelter Energy Spectrum Capital has raised $783.9 million for Energy Spectrum Partners VII, according to a filing with the SEC.
Fundraising | Sep 15, 2014 CarVal Investors closes fourth real estate fund after raising $205m by Reg Clodfelter CarVal Investors has closed its fourth real estate fund, CVI Real Estate Value Fund IV, after raising $205 million in commitments.
Transactions | Sep 15, 2014 Alecta buys two Stockholm properties by Andrea Waitrovich Alecta is under contract to acquire an office property and a hotel located in Stockholm.
Transactions | Sep 15, 2014 Two Spanish portfolios selling for €192m by Andrea Waitrovich Two separate portfolios with properties located in Spain have sold for a total of €192 million ($248.6 million).
Transactions | Sep 12, 2014 Recent commercial real estate transactions by Andrea Waitrovich The largest transactions are an office property in San Francisco and an apartment complex Los Angeles.
Transactions | Sep 12, 2014 DeAWM buys Manhattan office tower valued at $502m by Andrea Waitrovich Deutsche Asset & Wealth Management has acquired a majority interest in 222 Broadway in New York City for one of its investment funds.
Investors | Sep 11, 2014 Townsend recommends LACERS invest $140m in core real estate by Reg Clodfelter The $13.9 billion Los Angeles City Employees' Retirement System has received a recommendation from its real estate consultant to commit $35 million each to four separate open-end core real estate funds.
Transactions | Sep 11, 2014 Paramount buys second S.F. office for $395m by Andrea Waitrovich Paramount Group has acquired 50 Beale St., a class A office building located in San Francisco's South Financial District.
Investors | Sep 11, 2014 Connecticut commits $100m to opportunistic fund by Reg Clodfelter The $28.8 billion Connecticut Retirement Plans and Trust Funds has committed $100 million to Starwood Capital.
Research | Sep 11, 2014 Commercial real estate industry improves sustainability by Andrea Waitrovich The Global Real Estate Sustainability Benchmark released the results of its sustainability survey on Sept. 5.
Transactions | Sep 11, 2014 Sun Venture Group pays $360m for Singapore office by Andrea Waitrovich Singapore-based real estate developer and investor Sun Venture Group has paid S$450 million for the Straits Trading Building in Singapore.
Transactions | Sep 11, 2014 Retail REIT to invest in five properties in Japan by Andrea Waitrovich Japan Retail Fund Investment Corp. is under contract to acquire and lease five properties in Japan for ¥46.751 billion ($437.7 million). Among the properties are the DFS Galleria Okinawa, Cute Cube Harajuku and M-City Touonaka.
Research | Sep 10, 2014 Investors capitalize on great fundamentals in industrial sector by Reg Clodfelter The U.S. industrial sector has performed well of late, with the industrial sub-index of the NCREIF Property Index outperforming the overall NPI 12.6 percent to 10.8 percent for the 12 months through the second quarter.
Transactions | Sep 10, 2014 Another office property in San Francisco changes hands by Andrea Waitrovich Pembroke Real Estate has entered the San Francisco office market, acquiring a 15-storey office building at 100 California St.
Research | Sep 10, 2014 REITs continue stellar 2014 in August by Reg Clodfelter REITs continued their stellar 2014 in August, with the FTSE NAREIT All Equity REITs index returning more in August (3.27 percent) than in all of 2013 (2.86 percent).
Research | Sep 10, 2014 ULI hosts conference examining 'resiliency' by Reg Clodfelter The Urban Land Institute hosted a conference in San Francisco on Sept. 4-5, Building the Resilient City: Risks and Opportunities, to examine "resiliency" and how it fits into investors' commercial real estate portfolios.
People | Sep 9, 2014 Avanti founder passes away at the age of 74 by Andrea Waitrovich Charles Schwartz, a co-founder of Avanti Properties Group, has passed away at the age of 74, succumbing to his battle with melanoma.
Fundraising | Sep 9, 2014 Cordea Savills launches second London residential fund by Andrea Waitrovich Cordea Savills announced it has launched and held a first close for its second London residential development fund.
Fundraising | Sep 9, 2014 Prime Finance launched fourth fund by Andrea Waitrovich Prime Finance Partners has launched its fourth fund, according to a filing with the SEC.
