Institutional Real Estate Newsline
July 25, 2011: Vol. 19, Number 30Buy For $65.00 Add to Cart
Dundee Buys 29 Office Properties for C$831.8 Million
Toronto-based Dundee REIT plans to acquire 29 office properties from Blackstone Real Estate Advisors in an C$831.8 million ($879.1 million) transaction — the largest office portfolio ever acquired by a Canadian REIT.
Grosvenor, CPPIB to Invest £200 Million in London Office Market
Grosvenor Fund Management and the Canada Pension Plan Investment Board (CPPIB) have formed a joint venture partnership to invest up to £200 million ($323 million) in London’s West End office market during the next two years.
LaSalle Agrees to Acquire Trinity Funds Management
LaSalle Investment Management has agreed to acquire Trinity Funds Management, an Australian property funds management business based in Brisbane, for A$9.25 million ($9.9 million) plus the net assets of the business.
- Walmart Buys Leased Texas Facility
- YOUNIQ AG and MPC Capital to Launch Student Housing Funds