Institutional Real Estate Newsline
December 10, 2012: Volume 20, Number 47Buy For $65.00 Add to Cart
Parkway purchases three office towers for $228 million
Parkway Properties (NYSE: PKY) has bought three office buildings in Atlanta, Houston and Charlotte, N.C., for $228 million.
Ivanhoe Cambridge acquires interest in two London multifamily properties
(photo caption) Ivanhoé Cambridge has acquired majority ownership interests in two multifamily complexes, Peony Court and Chantrey House for £63.3 million ($101.9 million).
TCDRS Commits $50 Million to Rockpoint Fund
The $17.6 billion Texas County & District Retirement System (TCDRS) has committed $50 million to Rockpoint Real Estate Fund IV (RREF IV), an opportunistic fund managed by real estate private equity firm Rockpoint Group.
CBRE Global Investors Holds $1.1 Billion Final Close
CBRE Global Investors has held a final close of CBRE Strategic Partners U.S. Value 6, with equity commitments of nearly $1.1 billion, exceeding its $750 million fundraising goal.
Carroll Organization holds final close for second fund
Atlanta-based real estate investment firm Carroll Organization has held a $30 million final close for its Carroll Co-Invest Fund II and sidecar fund for joint venture partners.
AMP Capital launches second infrastructure debt fund
AMP Capital has launched the AMP Capital Infrastructure Debt Fund II with a fundraising goal of $1 billion.
Illinois Teachers issues RFP, posts positive real estate returns
T he $36.3 billion Teachers’ Retirement System of the State of Illinois (TRS) has issued an RFP for a separate account manager with industrial experience to manage a commitment projected to be $200 million.
Primaris purchases two shopping centers for C$317.6 million
Canada-based Primaris Retail REIT has completed the purchase two malls in New Brunswick for C$317.6 million ($319.5 million).
Heitman acquires warsaw business park for €116 million
Heitman, on behalf of Heitman European Property Partners IV, has bought Marynarska Business Park, a class A office complex in the Mokotow District of Warsaw, Poland.
Macquarie acquires Leaf River Energy Center
(News Briefs) Infrastructure fund Macquarie Infrastructure Partners II has acquired the Leaf River Energy Center.