Institutional Real Estate Newsline
August 13, 2012: Volume 20, Number 32Buy For $65.00 Add to Cart
- Goodman and CPPIB Launch Industrial Joint Venture
- Hackman Capital Purchases Industrial Portfolio
Harbor Group Buys Four-Property Multifamily Portfolio for $130.5 Million
Harbor Group International has acquired a four-property multifamily portfolio located in Nashville.
Hines REIT Places Williams Tower on the Market
Hines REIThas placed Williams Tower on the market. The 64-story, 1.4 million-square-foot tower is one of Houston’s landmark skyscrapers.
Ivanhoe Cambridge Makes C$132.8 Million Brazilian Retail Investment
Ivanhoé Cambridge, the real estate arm of Canadian pension fund Caisse de dépôt et placement du Québec, has gone shopping nationally and internationally for retail properties, and recently invested in two retail projects in Brazil
M3 Capital Partners Open Brazil Office
M3 Capital Partners has opened an office in Brazil.
Real Estate Managers Face Mounting Pressure on Fees
Approximately 87 percent of institutional investors would reject a fund because of high management fees and carried interest (the percentage of returns above a certain level that are kept by a fund manager), and they considered this a valid reason to not invest in a given fund, according to a survey by Private Equity International.