Institutional Real Estate Newsline
May 2, 2011: Vol. 19, Number 18Buy For $65.00 Add to Cart
Boston Properties Sells Carnegie Center
Boston Properties (NYSE: BXP) has agreed to sell its Carnegie Center portfolio located in Princeton, N.J., for approximately $468 million.
Caisse de depot Merges Real Estate Subsidiaries Under One Banner
The Caisse de dépôt et placement du Québec, the C$151 billion ($159 billion) Canadian pension fund, has merged its real estate investment arms, Ivanhoe Cambridge and SITQ, into one real estate group, Ivanhoe Cambridge Group.
- CoStar Agrees to Buy LoopNet for $860 Million
L&B Realty Advisors Holds First Close for Core Open-End Fund
L&B Realty Advisors held a first close on April 21 for its diversified core open-end fund, L&B Core Income Partners LP.
NCREIF Reports Fifth Consecutive Quarter of Positive Total Return
Commercial properties continued to improve for the fifth consecutive quarter, as commercial real estate investments posted a positive total return during the first quarter 2011, according to the NCREIF Property Index (NPI).
Transwestern Launches Second Multifamily Fund
Transwestern Investment Co. has launched its second multifamily fund, Multifamily Partners II.
Washington State Investment Board Commits $75 Million to Brazilian Fund
The $76.6 billion Washington State Investment Board (WSIB) has made another commitment to the Prosperitas Real Estate Partners series.