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BENTALL KENNEDY JOINS SUN LIFE INVESTMENT MANAGEMENT AND FURTHER EXPANDS NORTH AMERICAN PLATFORM
Sun Life Financial Inc. and Bentall Kennedy, MEPT’s real estate advisor, announced on September 1, 2015 that Sun Life Financial acquired Bentall Kennedy. Bentall Kennedy continues to be managed by its current team and retains its brand. There are no changes to the MEPT management team. Bentall Kennedy will operate as a unit of Sun Life Investment Management (SLIM), which provides investment services to institutional investors and manages Sun Life Financial’s general account assets...

IN SEPTEMBER, MEPT ACQUIRED A PRIME DEVELOPMENT SITE AT DIRIDON STATION IN SAN JOSE, CALIFORNIA FOR $73.8 MILLION, IN JOINT VENTURE WITH TRAMMELL CROW COMPANY.
This planned multi-phased development advances MEPT’s long-term strategic plan by accessing the urban growth opportunity in the Downtown San Jose submarket, a prime location in innovation-focused Silicon Valley, with a high-rise transit oriented development that will bring a significant number of new, high-quality jobs to the area...

IN AUGUST, MEPT PURCHASED STONY CREEK PROMENADE, A RETAIL ASSET IN CHICAGO, FOR $34.2 MILLION.
The 100,000 square foot, grocery-anchored retail center is located in the Oak Lawn trade area and was fully-leased at acquisition. Completed in 2015, Stony Creek is the most modern and high-quality property in the submarket and has long-term leases in place and no near-term turnover....



Boston Medical Center sells three properties for $80M
A joint venture of Leggat McCall Properties and Multi-Employer Property Trust have acquired three Boston Medical Center properties in a leaseback agreement for $80 million, the medical center announced Friday.The portfolio of properties spans 250,000 square feet at 600 Harrison Ave., 100 East Canton St. and 720 Harrison Ave. near the Boston Medical Center complex in the South End…

Bentall Kennedy, MEPT Buy 359 KSF SF Office Tower
Bentall Kennedy, real estate advisor for the Multi-Employer Property Trust, has expanded the fund’s Bay Area holdings with the acquisition of 600 California St., a 20-story, Class A, 358,591-square-foot office tower in San Francisco for $216.5 million…


Building Trades Update Hollywood At 959 Seward
For many years now, builder and community developer JH Snyder Company has helped reshape greater Los Angeles through projects such as The Vermont residential complex in Koreatown ...



 

 

as of
12/31/15
Net of Fees Trailing 4 Quarters (compounded) Gross of Fees Trailing 4 Quarters (compounded)
Total 2.75% 12.01% 2.98% 13.00%
Income 0.91% 3.80% 1.14% 4.73%
Appreciation 1.84% 7.98% 1.84% 7.98%
 

Multi-Employer Property Trust (MEPT) is an open-end commingled real estate equity fund that invests in a diversified portfolio of institutional-quality real estate assets in the United States. Founded in 1982, MEPT now has over $6.0 billion in net assets and has become one of the largest real estate equity funds in the US.

MEPT's portfolio consists of 97 investments in 25 major metropolitan markets across the US. MEPT’s seasoned management team has created a diversified portfolio of top-quality, core, income-producing assets through acquisition, development, rehabilitation, or repositioning of undervalued assets. The Fund invests in office buildings, warehouses, flex/research and development facilities, apartments, and retail centers.

For over 30 years, MEPT has consistently delivered competitive and stable returns for its investor base—now 324 pension plans— through an investment vehicle that offers strong governance and liquidity. In addition, MEPT is recognized as a pioneer in responsible property investing—it is the largest commingled real estate fund in the US that is signatory to the UN Principles for Responsible Investment (UN PRI). MEPT is an acknowledged leader in the USGBC's® LEED® green building and the EPA's ENERGY STAR programs and has, since inception, maintained a Responsible Contractor Policy that requires that all contractors working on its portfolio properties be signatory to collective bargaining agreements with legitimate trade unions.



   
 
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