Katherine Bucaccio
The Canadian pension has allocated an additional $500 million to its industrial joint venture with the Sydney-based logistics developer.
The real estate investment arm of the US insurer has purchased The Loop in Kissimmee from an institutional client of AEW for approximately $120 million.
The industry veteran will serve as president and chief executive officer of the Foster City, California-based investment firm.
The urban real estate development firm has entered into an agreement to purchase three midtown buildings for $218 million, which it plans to finance with co-investment capital.
The C$219.1 billion pension has committed an additional $330 million to six multifamily developments in California, Georgia and Massachusetts.
The New York-based real estate investment manager has purchased two offices in Beverly Hills from Tishman Speyer.
The former president and chief operating officer of Morguard Investments will step into the role at the C$51.6 billion Canadian pension plan next month, replacing Michael Catford.
The New York-based real estate firm has exited 245 and 249 West 17th Street for more than quadruple the price it paid for the buildings in late 2012.
The two firms will acquire value-added assets on behalf of a discretionary separate account mandate with a US corporate pension plan.
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The results of the INREV/ANREV 2014 Fund Manager Survey see the New York-based giant stealing the top spot from the Toronto-based asset manager in real estate assets under management.