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Evelyn Lee

Evelyn Lee is Editor for PEI Group’s real estate-focused publication, PERE, overseeing global news coverage for both its digital and print platforms. Based in London, she manages a team of journalists across PEI’s offices in New York, London and Hong Kong. She joined the company in its New York office in July 2011 as a reporter covering the industry in the Americas. She became senior reporter in January 2014 and was promoted to news editor in July 2015. Evelyn relocated to PEI's headquarters office in London in 2018 and was promoted to editor in 2019. Prior to joining PEI in 2011 she covered commercial real estate, economic development and environmental issues at NJBIZ, a New Jersey-focused business publication.
The Iowa-based real estate arm of Principal Global Investors has purchased 2000 St. James Place on behalf of a consortium of South Korean investors.
The Boston-based real estate firm’s latest value-added fund is expected to close near its hard cap, which has been increased to $1.575 billion, during the first quarter.
The $39.2 billion pension plan will be issuing a request for proposals this week for one or more new separate account equity managers to each oversee an initial $200 million of capital.
The country is the top destination for foreign capital investing in real estate, as many overseas investors plan to increase their property holdings in the market in the coming year.
The Dallas-based private equity firm, which lately has focused on real estate investments in Europe, will purchase the vast majority of Wereldhave’s US properties.
The Connecticut-based real estate investment firm purchased the nine office properties from Wells Real Estate Investment Trust II.
The Massachusetts-based real estate investment manager, whose investors primarily have been high-net-worth individuals, is amassing capital for its fifth real estate fund from fund of fund managers and endowments for the first time.
The New York-based real estate fund manager plans to expand its investment activities in the US and Brazil over the next five years, spending approximately $1 billion of equity in each market. Additionally, it will open a new Los Angeles office early next year.
The A$80 billion Australian state fund will invest in the Boston-based real estate manager for the first time through a large single-investor vehicle and a commitment to the firm’s latest multifamily fund, which is slated for a first close by the end of the year.
The $19.3 billion pension plan projects that its portfolio in the asset class will more than triple in value by the end of 2013.
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