Transactions | Sep 2, 2014 Irish REIT pays €211m for four-property portfolio by Andrea Waitrovich Ireland's NAMA has sold a 761-unit apartment portfolio for approximately €211 million to Irish Residential Properties REIT.
Transactions | Sep 2, 2014 Thayer buys Florida hotel for $535m by Andrea Waitrovich Thayer Lodging Group has purchased the 998-room Westin Diplomat Resort & Spa in Hollywood, Fla., from Capital Hotel Management.
Investors | Sep 2, 2014 GIC forms JV for residential investments in India by Andrea Waitrovich GIC announced a partnership with Bangalore, India-based developer Brigade Group to jointly invest up to Rs 15 billion ($247 million) in South India.
Investors | Aug 29, 2014 Nebraska invests in four real estate funds by Andrea Waitrovich The $22.6 billion Nebraska Investment Council has invested approximately $162.5 million into four real estate funds.
Transactions | Aug 29, 2014 Recent commercial real estate transactions by Andrea Waitrovich The largest transactions are an office asset in New York City and a retail property in Washington, D.C.
Investors | Aug 29, 2014 UPDATED: Illinois TRS searches for real estate consultant, commits $300m to real estate by Andrea Waitrovich The $43.59 billion Illinois Teachers Retirement System has posted an RFP for a real estate consultant and committed $300 million to real estate.
Transactions | Aug 28, 2014 Savanna acquires controlling interest in Queens high-rise by Andrea Waitrovich Savanna and its joint venture partner have acquired a 49 percent partial interest in One Court Square.
Transactions | Aug 28, 2014 New York REIT acquires Twitter HQ for $335m by Andrea Waitrovich New York REIT has closed on its previously announced acquisition of Twitter's headquarters in Manhattan located at 245-249 W. 17th St. in the Chelsea neighborhood.
Research | Aug 28, 2014 Hotel occupancy to hit 20-year high by Andrea Waitrovich The hospitality industry is on track to hit its highest occupancy levels in 20 years in 2015 due to strong gains this year, according to a report by PricewaterhouseCoopers.
Transactions | Aug 27, 2014 Ivanhoé Cambridge sells $1.5b shopping center and office portfolio by Andrea Waitrovich Ivanhoé Cambridge, the real estate subsidiary of the Caisse de dépôt et placement du Québec, has sold a portfolio of shopping centers and office buildings to Cominar REIT.
Transactions | Aug 27, 2014 Three U.K. hotel portfolios sell for more than $1b by Andrea Waitrovich In three separate deals, a total of 168 U.K. hotels were sold for more than £600 million ($1 billion).
Transactions | Aug 27, 2014 CubeSmart buys 26 self-storage assets for $223m by Andrea Waitrovich CubeSmart has agreed to acquire 26 storage facilities for $223 million.
Investors | Aug 27, 2014 LaSalle awarded $1b U.K. property mandate by Andrea Waitrovich LaSalle Investment Management has won a £750 million ($1.2 billion) mandate from the U.K.-based Greater Manchester Pension Fund.
Research | Aug 26, 2014 U.S. property sales volume increases in first half 2014 by Andrea Waitrovich Sales of individual properties rose 18 percent in the first half of the year, while portfolio transactions increased by 48 percent, according to Real Capital Analytics' 2014 Mid-Year Review.
Transactions | Aug 26, 2014 MCC Land to buy Singapore mixed-use site for $377.8m by Andrea Waitrovich Singapore's Urban Redevelopment Authority has awarded the commercial and residential site at Meyappa Chettiar Road to developer MCC Land.
Fundraising | Aug 26, 2014 Rockspring holds third close for U.K. fund by Andrea Waitrovich Rockspring Property Investment Managers has announced the third close for its U.K. Value 2 fund, bringing total equity commitments to £150 million ($248.9 million).
Transactions | Aug 25, 2014 Columbia Property to buy San Francisco office tower by Andrea Waitrovich Columbia Property Trust has agreed to buy 650 California St., located in San Francisco, from joint venture partners Tishman Speyer and Prudential Real Estate Investors.
Transactions | Aug 25, 2014 Shorenstein to buy Aon Center for $270m by Andrea Waitrovich Shorenstein Properties is under contract to purchase the Aon Center, a 1.1 million-square-foot office property located on Wilshire Boulevard in Los Angeles.
Research | Aug 25, 2014 S.F. Bay Area office rents continue to climb at leading global pace by Reg Clodfelter Despite the fact that office rents in the San Francisco Bay Area are already very high, they have continued to climb at a top pace globally, according to JLL.
Investors | Aug 25, 2014 Rhode Island to invest up to $380m in real estate by Reg Clodfelter The $8.2 billion Employees' Retirement System of Rhode Island is looking to invest $100 million into core real estate in each of the next two years and $180 million into noncore real estate over the next two years.
