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 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 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 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.