Investment
ULI Special Report: Cities Worldwide Grapple with Affordable Housing Issues
Urban centers globally, such as Hong Kong and London, are also grappling with affordable housing shortages.
INTERNATIONAL: Savills, DTZ to Sell M-F Portfolio in Dublin
A private investor and Ireland’s National Asset Management Agency have appointed international real estate advisor Savills and DTZ Sherry FitzGerald to sell 588 apartments across seven residential developments in Dublin.
TIAA-CREF, Norges Buy Prime Office Set in DC
TIAA-CREF and Norges Bank Investment Management have acquired 800 17th St., N.W., in Washington, D.C., for a reported record $1,075 per square foot – $392 million – for the 364,000-square-foot trophy property.
ULI Special Report: CRE Continues Momentum into 2015, but Investors Look Beyond Traditional Core Markets
The U.S. commercial real estate market has been gaining strength, and that trend is expected to continue in 2015, according to responses to the latest “Emerging Trends in Real Estate Report.”
With $112M Sale, DCT Industrial Exits Columbus Market
In a transaction that marks its departure from the metropolitan Columbus market, DCT Industrial Trust of Denver has sold a 3.5 million-square-foot portfolio in the Ohio capital to Exeter Property Group for $112.1 million, the REIT announced Monday.
ULI Special Report: Crowdfunding Leaders Share Insights
Innovation was a recurring theme at the Urban Land Institute’s fall conference in Manhattan last week, and capital markets took the spotlight when a panel of executives explored the crowdfunding phenomenon.
Steadfast Apartment REIT Enters Georgia with 696-Unit Acquisition in Suburban Atlanta
Steadfast Apartment REIT added 696 residential units to its holdings and made its entrée into a fourth state with the acquisition of a two-property apartment community in the suburban Atlanta town of Suwanee, Ga.
AREP-Investcorp JV Purchases Metro DC Office Complex
A joint venture of American Real Estate Partners and Investcorp has acquired Canal Center, a four-building, 540,000-square-foot Class A office complex on the Potomac River in Alexandria, Va.
INTERNATIONAL: Invesco Buys Office Project in Prague from Skanska
The Riverview office project in Prague traded hands as Invesco Real Estate purchased the asset from Skanska Property Czech Republic.