Northstar Realty Europe Corp (NRE) : Penn Mutual Life Insurance Co added new position in Northstar Realty Europe Corp during the most recent quarter end. The investment management firm now holds 350,000 shares of Northstar Realty Europe Corp which is valued at $3,286,500 , the company said in a statement filed on Aug 15, 2016 with the SEC.Northstar Realty Europe Corp makes up approximately 2.25% of Penn Mutual Life Insurance Co’s portfolio.
Other Hedge Funds, Including , Cwa Asset Management Group boosted its stake in NRE in the latest quarter, The investment management firm added 11,798 additional shares and now holds a total of 38,879 shares of Northstar Realty Europe Corp which is valued at $365,074. Northstar Realty Europe Corp makes up approx 0.21% of Cwa Asset Management Group’s portfolio.Blackrock Advisors reduced its stake in NRE by selling 2,048 shares or 6.18% in the most recent quarter. The Hedge Fund company now holds 31,103 shares of NRE which is valued at $292,057. Sorin Capital Management sold out all of its stake in NRE during the most recent quarter. The investment firm sold 512,538 shares of NRE which is valued $4,740,977. Glenmede Trust Co Na added NRE to its portfolio by purchasing 37 company shares during the most recent quarter which is valued at $342. Utah Retirement Systems sold out all of its stake in NRE during the most recent quarter. The investment firm sold 10,899 shares of NRE which is valued $99,290.
Northstar Realty Europe Corp. is a real estate investment trust (REIT). The Company is a European commercial real estate company with investments located across around nine countries in Europe. The Company focuses on office properties and may expand by acquiring other types of commercial real estate located across Europe. The Company’s property portfolio consists of approximately 52 properties located in European markets including Berlin Frankfurt Hamburg London Paris Amsterdam Milan Brussels and Madrid. Its portfolio primarily consists of office properties with 94% of its in-place rental income generated from office properties as of June 30 2015. It holds prime office properties in Germany the United Kingdom and France that account for approximately 71% of its in-place rental income as of June 30 2015.