Investors | Mar 15, 2016 PSERS commits $306m to real estate by Zoë Wolff The $47.7 billion Pennsylvania Public School Employees’ Retirement System has committed $306.2 million to two real estate funds.
Investors | Mar 15, 2016 German investor rumored to pay $442m for Boston office by Andrea Waitrovich Germany-based investor in talks to purchase an office in Boston for estimated price of $442 million.
People | Mar 15, 2016 Illinois SURS CIO retires by Zoë Wolff Daniel Allen has announced his plans to retire as CIO of the $17.5 billion State Universities Retirement System of Illinois.
Fundraising | Mar 15, 2016 Corpus Sireo to launch fourth healthcare real estate fund by Andrea Waitrovich Corpus Sireo has plans to launch its fourth special fund focused on investment in healthcare properties.
Research | Mar 15, 2016 Global real estate transaction volumes forecast to surpass $1t by 2020 by Andrea Waitrovich The global aging population will drive real estate transaction volumes to surpass $1 trillion globally by 2020.
Fundraising | Mar 15, 2016 TH Real Estate launches core European real estate fund by Zoë Wolff TH Real Estate has launched a core, open-end fund targeting markets in Europe.
Investors | Mar 14, 2016 Maine PERS commits $160m to real estate and infrastructure by Zoë Wolff The $12 billion Maine Public Employees’ Retirement System has committed a total of $160 million to two funds
Transactions | Mar 14, 2016 U.S. firm forms €500m Spanish hotel JV by Andrea Waitrovich A U.S. firm has formed a joint venture to invest in the Spanish hospitality market.
Anbang expands U.S. hotel portfolio by Andrea Waitrovich China’s Anbang Insurance Group Co. is in talks to acquire two U.S. hotel chains valued at more than $20 billion.
Transactions | Mar 14, 2016 Ascott Residence buys second NYC hotel by Andrea Waitrovich Ascott REIT, managed by Ascott Residence Trust, has acquired its second U.S. hotel.
Transactions | Mar 14, 2016 Greenland forms $3b JV for Singapore REIT listing by Andrea Waitrovich China-based The Greenland Group has formed a joint venture with a Singapore-based investor.
Investors | Mar 14, 2016 OPERF commits $700m to real estate and infrastructure by Zoë Wolff The $69.7 billion Oregon Public Employees Retirement Fund has committed $700 million to two funds.
Fundraising | Mar 11, 2016 Mitiska holds first close for retail fund by Andrea Waitrovich Belgium-based Mitiska REIM has raised €124 million ($138 million) for its second European retail park fund.
Transactions | Mar 11, 2016 Recent commercial real estate transactions by Andrea Waitrovich The largest transactions were an apartment building in Manhattan and an office property in Washington, D.C.
Investors | Mar 10, 2016 USAA forms healthcare JV by Andrea Waitrovich USAA Real Estate Co. has formed a partnership to acquire and develop outpatient healthcare real estate assets.