Fundraising | Jan 10, 2013 Illinois State Board of Investments to meet real estate investment target The $11.3 billion Illinois State Board of Investments will meet its real estate target allocation in real estate by the end of 2013.
Investors | Jan 10, 2013 LACERA commits $100 million and issues RFP by Andrea Waitrovich The $39.2 billion Los Angeles County Employees Retirement Association approved a $100 million commitment at its Jan. 9 meeting.
REITs post impressive returns in 2012 by Sara Kassabian Despite economic uncertainties characterized by a fiscal cliff and shaky global economy, REITs recorded a strong return of 19.7 percent in 2012, making it the fourth consecutive year that equity REITs have outperformed other asset classes, according to the FTSE NAREIT Equity REIT Index.
RREEF receives approval for $2.5 billion REIT plan by Andrea Waitrovich The Securities and Exchange Commission has approved RREEF Property Trust's registration statement pertaining to its public offering.
Investors | Jan 9, 2013 REVCAP extends final close date for European property fund by Sara Kassabian Real Estate Venture Capital Management has extended its final close date for its second fund in a series.
Investors | Jan 9, 2013 North Carolina Retirement invests $670 million in real estate by Andrea Waitrovich The $74.5 billion North Carolina Retirement Systems has committed $670 million to four separate real estate funds.
Investors | Jan 9, 2013 Schroders announces first close of Core European Property Fund by Sara Kassabian Schroders Property Investment management has announced the first close of the Schroder Core European Property Fund on Dec. 21, 2012.
Investors | Jan 8, 2013 Florida commits $400 million to real estate and infrastructure by Andrea Waitrovich The $157 billion Florida State Board of Administration has committed $400 million to real estate and infrastructure.
Investors | Jan 8, 2013 Security Properties holds final close for first fund by Sara Kassabian Seattle-based Security Properties has held a $20 million final close for its debut fund, Security Properties Multifamily Fund. The fund invests in apartment properties.
Fundraising | Jan 8, 2013 Madison International raises $137.5 million for fifth fund by Andrea Waitrovich Madison International Realty has raised approximately $137.5 million for its Madison International Real Estate Liquidity Fund V.
Investors | Jan 7, 2013 Covenant Capital closes apartment fund by Sara Kassabian Covenant Capital Group has held a final close for its Covenant Apartment Fund VII.
Investors | Jan 7, 2013 Fiera Axium raises $202 million for infrastructure fund by Sara Kassabian Canadian management firm Fiera Axium has raised $202 million for its open-end infrastructure fund, Fiera Axium Infrastructure North America.
Fundraising | Jan 3, 2013 Brookfield raises $120 million for Brazil timber fund by Andrea Waitrovich Toronto-based Brookfield Asset Management has raised approximately $120 million for a Brazil timber fund.
LAFPP invests $90 million in two real estate funds by Andrea Waitrovich The $14.2 billion Los Angeles Fire and Police Pensions (LAFPP) has invested $90 million in two funds.
Texas TRS invests in AEW Senior Housing fund by Andrea Waitrovich The $110 billion Teacher Retirement System of Texas (TRS) has committed $100 million to AEW Senior Housing.
