AP4 records -2.5% return for the first half of the year
AP4, the fourth Swedish national pension fund, saw its returns fall 2.5 percent in first…
Construction costs decrease for first time in a decade
Commercial construction costs dipped in the second quarter, declining for the first time in a…
Kennedy Wilson and Fairfax Financial complete first loan on behalf of $2b debt platform
Kennedy Wilson and Fairfax Financial Holdings have closed their first loan in a recently launched…
COVID-19 prompts reallocation of real estate investment toward China and South Korea
The most senior investors and investment managers in Asia Pacific nonlisted real estate have expressed a strong intention to increase their allocations to China and South Korea, while at the same time decreasing allocations to Australia and Japan.
Hines consolidates European expansions with new asset management mandates
Hines is expanding its asset management business in Europe through a mandate from a German pension fund to manage eight mixed-used properties.
RISE Properties Trust and Westbrook Partners pay $66m for Seattle apartment
A joint venture between RISE Properties Trust and Westbrook Partners has finalized the $66.5 million…
Plymouth County greenlights $35m commitment to TA Realty Core Property Fund
Plymouth County (Mass.) Retirement Retirement Association has approved a $35 million commitment to TA Realty…
Empire State Realty Trust partners on Well Living Lab Alliance
Empire State Realty Trust has joined the Well Living Lab Alliance — a global consortium…
Cromwell Property Group and Cromwell European REIT partner with EXS and Stratus for new data center property platform
Cromwell Property Group has entered into a strategic partnership with Stratus Data Centers, a member of the EXS Capital Group (EXS), to invest in and manage the rollout of a data center property platform across Europe and Asia Pacific through the new Stratus Cromwell Data Centre Fund (SCDC Fund).
Industrial real estate demand to grow to 1b square feet by 2025
The COVID-19 pandemic and the shelter-in-place policies that ensued have accelerated e-commerce growth and the need for warehouse space across the nation. JLL expects e-commerce sales could hit $1.5 trillion by 2025 — which would increase the demand for industrial real estate to an additional 1 billion square feet.