Institutional Real Estate Newsline
July 26, 2010: Vol. 18, Number 28Buy For $65.00 Add to Cart
- Alcion Ventures and Menkes Development Finalize Sale of TELUS Tower in Toronto
CalPERS and CalSTRS Report Investment Gains but Real Estate Lags
The California Public Employees’ Retirement System (CalPERS) and the California State Teachers’ Retirement System (CalSTRS) saw investment gains in most asset classes during the fiscal year that ended June 30, 2010.
- Carson Cos. Forms Carson Advisors to Partner with Institutional Investors
CB Richard Ellis Investors Purchases Four Dallas Office Buildings
The CBRE Strategic Partners U.S. Value 5 fund, a commingled private equity real estate fund sponsored by CB Richard Ellis Investors, purchased four office buildings totaling almost 725,000 square feet in Preston Center in Dallas.
CNL Files to Raise $2 Billion for REIT
CNL Financial Group Inc. has registered to raise equity for a REIT that will invest in lifestyle properties, whose income is tied directly to personal leisure activities and senior living facilities.
Cousins Properties Sells San Jose Office Property
Cousins Properties (NYSE: CUZ) has sold the San Jose Market Center for $85 million, a 360,000-square-foot office property in San Jose.
- CPPIB Bids for Macquarie's Intoll
- Hewitt Associates Acquires Ennis Knupp
- Partners Group Receives Investment Mandate from Korea Investment Corp.
PREI and Mubadala Form Joint Venture
Prudential Real Estate Investors (PREI) and Mubadala Development Co. have agreed to form a new joint venture company that will raise capital from investors to fund and invest in real estate projects in Abu Dhabi and other global markets.