Institutional Real Estate Newsline
March 26, 2012: Volume 20, Number 13Buy For $65.00 Add to Cart
CPPIB Board Acquires 50 Percent Stakes in Two Office Properties
The $150 billion Canadian Pension Plan Investment Board (CPPIB) has purchased a 50 percent interest in two Vancouver office properties.
Glimcher to Increase Interest in Hawaiian Shopping Mall
Glimcher Realty Trust (NYSE: GRT) plans to purchase the 80 percent indirect ownership interest it does not already hold in Pearlridge Center.
Minshall Stewart Properties Acquires Office Building in Washington, D.C.
Minshall Stewart Properties has acquired 2001 L St. in Washington, D.C., for $62 million.
- Pramerica Ground Lease Fund Raises
San Bernardino County Commits $50 Million to Opportunistic Real Estate
The $6.1 billion San Bernardino County (Calif.) Employees’ Retirement Association (SBCERA) has committed $25 million each to two opportunistic real estate funds.
- Transwestern Forms Global Alliance with BNP Paribas Real Estate
Tristan Capital Buys German Office Buildings
Tristan Capital Partners, on behalf of its debut core-plus fund, Curzon Capital Partners III (CCP III), has invested €90 million ($119 million) in the acquisition of two buildings in Frankfurt.