Institutional Real Estate Newsline
July 18, 2011: Vol. 19, Number 29Buy For $65.00 Add to Cart
- Aberdeen Launches Third Asia Pacific Property Fund of Funds
Apollo Forms $400 Million Joint Venture with Driftwood
Apollo Global Real Estate, a real estate investment fund managed and advised by affiliates of Apollo Global Management, has formed a $400 million joint venture with Driftwood Hospitality Management (DHM), a hospitality service provider.
- CalPERS, Hines Earn $160 Million Profit from Brazil Real Estate Fund
CalSTRS Pursues More Core Assets
The $154 billion California State Teachers’ Retirement System (CalSTRS) has approved to increase holdings in core assets and decrease holdings in opportunistic and value-added real estate investments.
ECE Launches First Real Estate Fund
Hamburg-based ECE Group has launched its first own pan-European real estate fund, ECE European Prime Shopping Center Fund, to acquire shopping centers in Germany, Poland, Hungary, Austria and the Czech Republic.
Hermes, UOB Global Capital, and Hampshire Roll Out U.S. Income Fund
Hermes Real Estate Investment Management Ltd. (HREIML) has joined forces with UOB Global Capital (UOBGC), a subsidiary of United Overseas Bank Ltd., and Hampshire Real Estate Cos. to launch a new closed-end commercial real estate income fund, HUH U.S. Real Estate Income Fund (HUH).
Jamestown Properties Buys City Hall East
The City of Atlanta has completed the sale of the historic Sears, Roebuck & Co. building, also known as City Hall East, to Jamestown Properties, a real estate investment firm headquartered in Atlanta.
SDCERS Issues RFP for Real Estate Consultant
The $5.25 billion San Diego City Employees’ Retirement System has issued an RFP for real estate consulting services.
SFERS Seeks Senior Portfolio Manager for Real Estate
The $15.3 billion San Francisco Employees’ Retirement System (SFERS) is looking to hire a senior portfolio manager for its real estate investments.
- Transwestern Investment Co. Changes Name