Nuveen

The Wall Street Journal reports on Nuveen's chief executive and his approach to mergers, described as an 'evolutionary' playbook for dealmaking. The piece examines how the head of the TIAA-owned asset manager is thinking about consolidation and growth strategy. Details beyond the headline remain behind the paywalled article.

Asset manager Nuveen has purchased a retail property in Denver, according to an exclusive report by CommercialSearch. The deal adds to institutional investor activity in US retail real estate, a sector drawing renewed interest as values stabilise. Details on the price and seller were not disclosed in the report.