New York
JTC Group opens new office in New York Fri, 22/08/2014 - 14:12

JTC Group has opened a second representative office in the US, adding New York City to its presence in Miami.

»
Sell

KBS REIT II sells City Place Tower in West Palm Beach for USD150m

KBS Real Estate Investment Trust II, a public non-traded real estate investment trust, has sold City Place Tower, a 295,933-square-foot office building in West Palm Beach, Florida, for USD150 million. »


Dollars

LaSalle secures mandate to invest USD1bn of equity in US real estate

LaSalle Investment Management has been awarded USD1 billion of equity to invest in US real estate by a large European institutional investor. »


Stethoscope

Highland Capital Management launches non-traded product line

Highland Capital Management has launched a non-traded product line with a publicly-registered business development company (BDC) NexPoint Capital. »


Handshake

CIM Commercial Trust appoints chief executive

Real estate investment trust CIM Commercial Trust Corporation has appointed Charles E Garner II as chief executive officer, effective immediately. »


Handshake and money

Gramercy Property Trust acquires USD19.1m cold storage facility in Chicago

Gramercy Property Trust has closed the acquisition of a 187,000 square foot cold storage facility and dry warehouse located in Arlington Heights, Illinois. »


Up arrow

Improved returns for Nordic property funds in Q2 2014

Nordic property funds delivered a total return of 0.7 per cent in Q2 2014, measured in local currency terms, according to the IPD Nordic Quarterly Property Fund Index. »


British pounds

Aston Property Ventures completes North East deal

Aston Property Ventures has completed a GBP2.35m deal with the acquisition of Redmond House in Peterlee. »


Two fingers

LaSalle completes second close of Canadian Income & Growth Fund IV

LaSalle Investment Management has completed a second close of LaSalle Canadian Income & Growth Fund IV at an aggregate total of just over CAD216 million, with commitments from 10 Canadian institutional investors. »


Newspaper and money

Fairway America launches Fund VII

Fairway America, a Portland, Oregon-based small balance real estate fund advisory and investment firm, has launched its seventh fund, Fairway America Fund VII. »


Comment & Opinion

FCA's no-go for CoCos
UK flag
Mon, 18/08/2014 - 15:00

Anthony Smouha, manager of GAM Star Credit...

UK ‘sugar rush’ recovery still on track
Neil Williams, Group Chief Economist, Hermes
Wed, 13/08/2014 - 13:20

Neil Williams (pictured), Group Chief...

Russian recession looms
Russia flag
Tue, 12/08/2014 - 11:55

Craig Botham, Emerging Market Economist at...

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