Institutional Real Estate Newsline
July 12, 2010: Vol. 18, Number 26Buy For $65.00 Add to Cart
Aberdeen Report Shows Softening Recovery by Year-End
A report from Stockholm-based Aberdeen Asset Management states that a number of factors will conspire to weaken the economic climate going into 2011.
- Guardian and Lowe Form Strategic Investment Partnership
Vornado Announces First Closing of Real Estate Investment Fund
Vornado Realty Trust (NYSE: VNO) has completed the first closing of its real estate investment fund with initial equity commitments of $550 million (including $200 million from Vornado).
CalPERS Acquires a Stake in London Gatwick Airport
The California Public Employees’ Retirement System (CalPERS) has committed up to £106 million ($160 million) to acquire a 12.7 percent equity interest in London Gatwick Airport from Global Infrastructure Partners (GIP).