Transactions | Jun 11, 2015 Singapore complex sells for $1.27b by Andrea Waitrovich OUE Commercial REIT has acquired a partial interest in the One Raffles Place office complex in Singapore.
Fundraising | Jun 10, 2015 Embarcadero launches new value-added fund by Zoë Wolff Embarcadero Capital has launched its fifth fund in a series of value-added funds, and is seeking $300 million in equity.
Research | Jun 10, 2015 May sees 280,000 new jobs by Zoë Wolff In May, the unemployment rate remained virtually unchanged at 5.5 percent for the fourth consecutive month.
Transactions | Jun 10, 2015 Chicago's second-largest hotel put up for sale by Andrea Waitrovich The historic, luxury 1,639-room Palmer House hotel in Chicago has been put on the market.
Transactions | Jun 10, 2015 Arcapita sells U.S. senior housing portfolio for $640m by Andrea Waitrovich Bahrain-based Islamic investment firm Arcapita has sold its U.S. portfolio of retirement communities.
Fundraising | Jun 10, 2015 Two funds raise more than $1b each by Andrea Waitrovich Two firms have held final closes, raising more than $1 billion each for their vehicles.
Investors | Jun 9, 2015 Chicago pension fund searches for investment consultant by Zoë Wolff The Cook County (Ill.) Annuity & Benefit Fund is searching for a general investment consultant.
Transactions | Jun 9, 2015 U.S. hotel sells with a big price tag by Andrea Waitrovich Another U.S. hotel has changed hands following several other high-priced lodging acquisitions.
Transactions | Jun 9, 2015 Equity Commonwealth sells two portfolios for $793m by Andrea Waitrovich In separate deals, Equity Commonwealth has sold 55 properties, totaling 8.5 million square feet, for a combined sales price of $793 million.
Transactions | Jun 9, 2015 Japanese REIT buys hotel from Lone Star affiliate by Andrea Waitrovich Japan Hotel REIT, an affiliate of Singapore's Real Estate Capital Asia Partners, has acquired a hotel in Japan.
Investors | Jun 9, 2015 CalPERS to decrease number of external managers by Zoë Wolff The California Public Employees' Retirement System will be reducing the number of its outside money managers by about 50 percent during the next five years.
Investors | Jun 9, 2015 Houston pension fund commits $20m by Zoë Wolff The Houston Municipal Employees' Pension System has committed $20 million to a value-added real estate funds.
Investors | Jun 8, 2015 REITs buy hotels for $773m by Andrea Waitrovich In separate deals, several REITs have purchased several U.S. hotel portfolios.
Investors | Jun 8, 2015 Chinese investor buys two more properties by Andrea Waitrovich A Chinese state-owned conglomeratehas purchased two properties in Australia.
Fundraising | Jun 8, 2015 Avenida launches second fund by Andrea Waitrovich Avenida Capital has a second fund in the market.