Institutional Real Estate Newsline
July 16, 2012: Volume 20, Number 28Buy For $65.00 Add to Cart
- Andrew Graiser and Emilio Amendola Launch A&G Realty Partners
- Aviva Investors, Secured Capital Hold Second Close for Japan Fund
- Clarion Partners, Kettler Plan $154 Million Apartment Complex
CPPIB Invests A$2 Billion in Australian Office Towers
The $161.6 billion Canada Pension Plan Investment Board (CPPIB) has formed a joint venture with Lend Lease Corp. and Australian Prime Property Fund Commercial (APPFC) to invest in two Australian office towers.
- Dexus Completes $770 Million Sale to Blackstone Group
- Griffin-American Healthcare REIT II Acquires 14 Medical Office Buildings
Private Real Estate Investments Continue Strong Rebound
Private real estate investments have continued their strong rebound, generating 10.4 percent return during 2011 despite a challenging economic environment in the second half, according to Partners Groupand Thomson Reuters’ “Partners Group Thomson Reuters Private Real Estate Index “ (PGTR).
REITs Outperform Broader Market in First Half of 2012
U.S. REITs significantly outperformed the broader equity market in the second quarter and first half of 2012, as well as during the past 12 months, according to the National Association of Real Estate Investment Trusts (NAREIT).
Seniors Housing Occupancy Continues Recovery
The seniors housing sector continued its modest recovery in the second quarter, while construction activity gained traction and year-over-year rent growth accelerated, according to NIC MAP, a data analysis service of the National Investment Center for the Seniors Housing & Care Industry (NIC).