Residential 鈥� Page 146
-
News
AREA buys nine-property apartment portfolio in Texas
GLOBAL 鈥� AREA Property Partners has acquired a multi-family portfolio in Texas totaling nine properties and 2,589 units for an undisclosed sum.
-
News
CBRE Investors' opportunity fund takes over Atlantic Station
GLOBAL 鈥� CB Richard Ellis Investors has acquired Atlantic Station in Atlanta, Georgia, from insurer AIG for its fifth US opportunity fund.
-
News
Kansas PERS makes $75m commitment to UBS Trumbull
GLOBAL 鈥� The Kansas Public Employees Retirement System has signed a contract to allocate $75m (鈧�58.1m) to the UBS Trumbull Property fund, managed by UBS Realty Investors.
-
News
APG makes joint bid for ING's 鈧�1.9bn Australian property fund
NETHERLANDS 鈥� The 鈧�266bn Dutch asset manager APG is part of a syndicate bidding for a 鈧�1.9bn ING property fund.
-
News
Investors should branch into developing economies - LaSalle
GLOBAL 鈥� Institutional investors looking to guarantee strong returns in 2011 cannot rely on portfolios consisting purely of cities in developed markets, LaSalle Investment Management has warned.
-
News
ING Clarion buys DC area apartment building for 鈧�90m
GLOBAL - ING Clarion Partners has paid $118.5m (鈧�90.1m) to acquire the 300-unit Millennium at Metropolitan Park in Arlington, Virginia.
-
News
AREA Property Partners buys Chicago area hotels for $51m
GLOBAL 鈥� AREA Property Partners has closed on its first hotel purchases of the year with the acquisition of three Chicago area properties for $51m (鈧�38.6m).
-
News
PGGM commits 鈧�57m to Chinese real estate joint venture
GLOBAL 鈥� A joint venture between UBS Global Asset Management and Gemdale Corporation has completed a second successful closing after Dutch investor PGGM agreed to commit as much as $75m (鈧�56.6m) to Chinese real estate.
-
News
Texas Teachers-backed apartment fund makes first investments in two years
GLOBAL 鈥� The Camden Multifamily Value Add fund, 80% owned by the Teacher Retirement System of Texas, has closed on its first two apartment deals in more than two years.
-
News
Texas Employees commits $60m to value-added fund
GLOBAL 鈥� The Employees Retirement System of Texas has made a $60m (鈧�43m) commitment to the Madison International Real Estate Liquidity Fund IV.
-
News
Irish commercial real estate continues to slide, IPD says
IRELAND 鈥� The commercial real estate market in Ireland continued to see declines in capital values in the third quarter, meaning the market has been falling for more than three years, according to Investment Property Databank (IPD).
-
News
Rockspring enters student housing through counter-cyclical strategy
UK 鈥� Rockspring Property Investment Managers has entered the student accommodation market for the first time with the acquisition of 123 Fountainbridge, Edinburgh, in a joint venture with Mansion Group.
-
News
Pension funds targeting US multi-family housing
GLOBAL 鈥� Multi-family housing has been identified as the favoured sector for investment in the US by a number of European pension funds, a position backed up by new research from Pramerica Real Estate Investors.
-
News
Scottish minister calls on pension funds to invest in affordable housing
GLOBAL 鈥� Pension funds have been called upon to invest as much as 拢1bn (鈧�1.1bn) into affordable housing in Scotland in an effort to meet the growing demand in the sector.
-
News
GID takes over CalPERS apartment portfolio from BlackRock
GLOBAL 鈥� GID Investment Advisers has taken over the management of a core multi-family residential portfolio from BlackRock Realty Advisors on behalf of the $212bn (鈧�152bn) California Public Employees' Retirement System (CalPERS).
-
News
Oregon Retirement Fund considers larger commitments, club funds
GLOBAL 鈥� The Oregon Public Employees Retirement Fund is exploring the possibility of making larger investments into either commingled funds or separate accounts.
-
News
French commercial real estate returns to positive territory, says IPD
FRANCE 鈥� Commercial real estate in France has emerged from a two-year slump to record a six-month 1.6% capital appreciation, according to Investment Property Databank (IPD).
-
News
CalPERS continues Brazilian joint venture with Hines
GLOBAL 鈥� The $210bn (鈧�158bn) California Public Employees Retirement System (CalPERS) has given its latest endorsement to Hines' Brazilian real estate expertise by committing to the third in a series of joint ventures in the South American market.
-
News
Newham Pension Fund backs co-investment housing fund
UK 鈥� The London Borough of Newham Pension Fund is to invest in a new residential real estate fund run by Mill Group.
-
News
Denmark's FSP, L忙rernes team up on residential development
DENMARK 鈥� Danish pension funds FSP Pension and L忙rernes Pension have teamed up to invest nearly DKK400m (鈧�53.7m) in a new residential property development in Denmark.
