Fundraising | Mar 7, 2016 Harbert fund raises $106m by Zoë Wolff Harbert Management Corp. has raised $106.3 million for its sixth fund.
Investors | Mar 7, 2016 Texas Teachers commits $300m to Blackstone by Zoë Wolff The $128 billion Teacher Retirement System of Texas has committed $300 million to a fund managed by The Blackstone Group.
Transactions | Mar 4, 2016 Dubai investor sells Las Vegas mall for $1.1b by Andrea Waitrovich Simon Property Group and its undisclosed partner are in contract to purchase a mall in Las Vegas for $1.1 billion.
Transactions | Mar 4, 2016 Recent commercial real estate transactions by Andrea Waitrovich The largest transactions were an office building in Seattle and an apartment complex in New York City.
Investors | Mar 3, 2016 Brandywine Realty Trust forms $3.5b partnership by Andrea Waitrovich Brandywine Realty Trust has formed a $3.5 billion partnership.
Investors | Mar 3, 2016 NMERB commits $40m to Lone Star fund by Zoë Wolff The $11 billion New Mexico Educational Retirement Board has committed $40 million to a fund managed by Lone Star Funds.
Real Estate | Mar 2, 2016 Deutsche Asset Management acquires Seattle office building for $370m by Andrea Waitrovich Deutsche Asset Management’s Alternatives and Real Assets has acquired an office in Seattle for $370 million.
Transactions | Mar 2, 2016 Korean consortium buys office tower in Brussels by Andrea Waitrovich PATRIZIA Immobilien AG has exchanged contracts for an office tower in Brussels on behalf of a South Korean consortium.
Transactions | Mar 2, 2016 South African firm buys assets in Southeastern Europe by Andrea Waitrovich Delta Real Estate has sold two retail properties in Serbia and Montenegro for a total of €202.7 million ($219.9 million).
Transactions | Mar 2, 2016 China Vanke venture buys Manhattan development site by Andrea Waitrovich China-based China Vanke and its partners have purchased a development site in Manhattan, for approximately $116 million.
Investors | Mar 2, 2016 Chicago Laborers' seeks noncore real estate manager by Zoë Wolff The $1.4 billion Laborers’ and Retirement Board Employees’ Annuity and Benefit Fund of Chicago has launched a search for a noncore real estate manager.
Transactions | Mar 2, 2016 REITs exchange Kansas City portfolio for $660m by Andrea Waitrovich Highwood Properties has closed on the sale of a Kansas City portfolio for $660 million.
Transactions | Mar 2, 2016 Sovereign wealth fund buys $1.3b Los Angeles portfolio by Andrea Waitrovich Sovereign wealth fund has acquired a 1.7 million-square-foot portfolio of office buildings in Los Angeles for $1.34 billion.
Fundraising | Mar 2, 2016 Farallon Capital raises $340m for new real estate fund by Zoë Wolff Farallon Capital Management has raised $340 million for its new fund.
Investors | Mar 1, 2016 Allianz Real Estate forms €500m industrial JV by Andrea Waitrovich European developer VGP and Allianz Real Estate have created a €500 million 50-50 joint venture.