Institutional Real Estate Newsline
February 21, 2011: Vol. 19, Number 8Buy For $65.00 Add to Cart
Corestate Group Completes Second Close
Corestate Group, a specialist private equity investor based in Switzerland, completed the second closing of a new equity raise on behalf of its German Commercial Fund, securing additional investment capacity of €120 million ($162 million).
ING REIM Buys
ING Real Estate Investment Management (ING REIM) has acquired a 301,389-square-foot shopping center, Tyresö Centrumis, for its new European Shopping Centre Fund (ESCF).
- Mill Creek, Rockwood Capital Plan to Invest in Multifamily Real Estate
NYSTRS Commits $50 Million to Artemis Real Estate Fund I
The $100 billion New York State Teachers’ Retirement System (NYSTRS) plans to commit approximately $50 million into the Artemis Real Estate Fund I to further diversify its real estate portfolio.
USAA Real Estate Acquires Distribution Center in South Carolina
US Industrial REIT III, an affiliate of USAA Real Estate Co., has acquired a 1.1 million-square-foot, class A bulk distribution facility located in Charleston, S.C.