Improved property performance is strongly correlated to green building certification, a study finds.
Canadian insurers, pension funds and asset managers have spent US$3.85 billion in Manhattan property so far this year, more than double the US$1.97 billion spent in 2014, Bloomberg News reports.
How to stay on top of your real estate advisor
BayBridge Seniors Housing, a subsidiary of Ontario Teachers' Pension Plan, has agreed to buy Amica Mature Lifestyles for $578 million.
Sun Life Financial has completed the purchase of real estate investment company Bentall Kennedy for $560 million.
Ontario Teachers' Pension Plan subsidiary Cadillac Fairview has entered into a binding agreement to sell a 30% non-managing interest in Toronto-Dominion Centre to the Ontario Pension Board (OPB).
Canada Pension Plan Investment Board (CPPIB) and Pavilion Group have created a joint venture to invest in a mixed-use development project in Kuala Lumpur, Malaysia.
Public Sector Pension Investment Board (PSP Investments) and Starlight Investments have agreed to sell their real estate joint venture for $535 million to Northern Property Real Estate Investment Trust.
The Canada Pension Plan Investment Board (CPPIB) has purchased a portfolio of five student residences in the United Kingdom from Student Castle for £330 million ($673 million).
Cross border and domestic capital will continue to expand its allocation to global real estate as a result of the benign economic environment, finds a report by LaSalle Investment Management.