Institutional Real Estate Newsline
April 4, 2011: Vol. 19, Number 14Buy For $65.00 Add to Cart
Texas Real Estate Fund Targets Distressed Commercial Property
A Dallas real estate investment group called State of Texas Real Estate Fund (STXRE) has plans to raise $150 million for commercial property acquisitions in Texas.
Composition Capital Partners Launches Third Fund in Series
Composition Capital Partners has launched Composition Capital Europe Fund III in March.
First and Second Swedish National Pension Funds Form New Company
The First and Second Swedish National Pension Funds (AP1 and AP2) have decided to form a 50-50 joint company to invest in European real estate.
- ING REIM Transfers Management of Australian ING Office Fund to Investa
Jones Lang LaSalle Buys South African Firm
Jones Lang LaSalle (NYSE: JLL), has agreed to acquire South Africa–based, Bradford McCormack & Associates (BMA), for an undisclosed amount.
- Madison International Buys Stake from Forest City in 15 Retail Centers
- Rockefeller Group Acquires Office Building in Washington, D.C.
Summit Joins List of FDIC Contractors
Summit Capital, a real estate advisory and investment firm, has registered on the FDIC Contractor Resource List to provide a variety of services ranging from asset management, loan valuation and due diligence to sales and leasing.
SWIP and CWI Hold First Close for European Retail Fund
Scottish Widows Investment Partnership (SWIP) and Cushman & Wakefield Investors (CWI) held the first close of their Pan-European Urban Retail Fund (PURetail) with €100 million ($141 million) in equity committed by three European institutional investors.