Institutional Real Estate Newsline
October 17, 2011: Vol. 19, Number 42Buy For $65.00 Add to Cart
Illinois SURS Posts Opportunistic Real Estate RFP
The $13.4 billion State Universities Retirement System of Illinois has issued its RFP for opportunistic real estate managers to run a total of $150 million.
- JER Transfers European Operations
Pramerica Creates S$3 Billion Pramerica Asia Retail Fund
Pramerica Real Estate Investors (PREI) has launched Pramerica Asia Retail Ltd., a S$3 billion ($2.34 billion) open-end property fund that invests in shopping centers on behalf of institutional investors.
TIAA-CREF and CBL Close $1.09 Billion Real Estate JV
TIAA-CREF and CBL & Associates Properties (NYSE: CBL) have closed a $1.09 billion real estate joint venture to invest in market-dominant shopping malls. TIAA-CREF has completed its investment in four of CBL’s shopping malls: Oak Park Mall in Overland Park, Kan.; West County Center in St. Louis, Mo.; CoolSprings Galleria in Nashville; and Pearland Town Center in Pearland, Texas.
Tristan Capital Raises €300 Million in Second Closing
Tristan Capital Partners, a London-based pan-European real estate investment manager, has completed a second close for its Curzon Capital Partners III (CCPIII).