People | Aug 23, 2017 Savills Investment Management continues to strengthen its Asia team by Released Savills Investment Management has appointed a new Asia research manager.
Investors | Aug 23, 2017 Iowa PERS investment performance yields 11.7% in fiscal year 2017 by Jody Barhanovich Iowa Public Employees’ Retirement System saw its investment portfolio return 11.7 percent for the fiscal year ended June 30, 2017.
Investors | Aug 22, 2017 Hawaii allocates $50m to CBRE fund by Jody Barhanovich Employees’ Retirement System of Hawaii has committed $50 million to a value-added real estate fund managed by CBRE Global Investors.
Transactions | Aug 22, 2017 PGIM holds $300m initial close for new U.S. real estate debt fund by Jody Barhanovich PGIM Real Estate has raised $300 million for its new real estate debt fund.
Transactions | Aug 22, 2017 SEA Holdings completes Old Broad Street buy in London by Andrea Waitrovich Hong Kong–listed SEA Holdings has completed a £258 million ($334.4 million) acquisition in the City of London.
Transactions | Aug 22, 2017 Ascendas-Singbridge makes second office acquisition in Sydney by Andrea Waitrovich Singapore-based Ascendas-Singbridge has acquired Civic Tower, 66 Goulburn St., in Sydney for A$252 million ($199 million), marking its second office acquisition in Australia.
Fundraising | Aug 22, 2017 CapitaLand debuts $300m private equity fund to boost commercial real estate expansion in Vietnam by Released CapitaLand has created its first commercial fund in Vietnam — CapitaLand Vietnam Commercial Fund I.
Fundraising | Aug 22, 2017 Kayne Anderson launches new core real estate fund by Jody Barhanovich Kayne Anderson Capital Advisors has launched a new core real estate fund.
Transactions | Aug 21, 2017 Norges Bank buys stake in NYC office by Andrea Waitrovich Norway’s $975 billion sovereign wealth fund Norges Bank Real Estate Management has acquired a 48 percent stake in 375 Hudson St. in New York City.
Fundraising | Aug 21, 2017 Blackstone raises capital for first European core-plus fund by Jody Barhanovich Blackstone has launched its first European open-ended, core-plus fund.
Transactions | Aug 21, 2017 Nine Elms Property to build £240m luxury-branded residential tower in London by Andrea Waitrovich Nine Elms Property has awarded a £240 million ($310 million) contract to global contractor Multiplex.
Transactions | Aug 21, 2017 Trinity and Oaktree form $3b hotel JV by Andrea Waitrovich Trinity Investments and funds managed by Oaktree Capital Management have formed a joint venture to invest up to $3 billion in high-quality, value-added hotels in Trinity’s core markets.
Investors | Aug 21, 2017 Illinois MRF commits to Blackstone, Torchlight funds by Jody Barhanovich The $38.6 billion Illinois Municipal Retirement Fund has committed to two real estate funds, according to a document.
Research | Aug 18, 2017 Urban-Suburban submarkets offer unique opportunities for investors and occupiers by Released Suburban office markets that provide an urban-like live-work-play environment are well positioned to capture strong demand from office users, according to a report from CBRE.
Fundraising | Aug 18, 2017 Partners Group holds €1.2b first close for secondary fund by Jody Barhanovich Partners Group has held a €1.2 billion ($1.4 billion) first close for its Partners Group Real Estate Secondary 2017 fund.