Transactions
GIC consortium pays $500m for minority stake in Vingroup subsidiary
A consortium led by GIC and Vingroup Joint Stock Co. have invested $500 million in…
Transactions
Invesco to forward-fund residential development in Birmingham, England
Invesco Real Estate has agreed to back a residential development in the city center of…
Transactions
Accor HotelInvest acquires two hotels in London
Commerz Real has sold two hotels, at 46–47 Blackfriars Road in London, to a special-purpose…
Investors
Making the turn: A tipping point on climate change has arrived, but how fast or slow the transition from fossil fuels comes will determine winners and losers
If you sense something has changed in the aftermath of the latest category five hurricane to hit North America, you’re not alone.
Investors
Multigenerational living could be senior housing’s fountain of youth
To counter the demand for senior living, housing arrangements are starting to get increasingly creative.
Resource Center
Report from Europe: Self-storage poised to sweep euro zone
Glossary, videos, podcasts, research in the Resource Center
Transactions
New York Life provides $450m loan to Blackstone
New York Life Real Estate Investors has provided Blackstone with $450 million in financing for…
Transactions
Blackstone buys Swedish warehouses for $64m
Stockholm-based real estate company Klövern has sold seven properties in Sweden for a total underlying…
Investors
PSERS hits 6.68% investment return for last fiscal year
The Pennsylvania Public School Employees’ Retirement System (PSERS) has reported a 6.68 percent net investment…
Research
Checking in: Foreign investor sees investment opportunity in U.S. hotel market
This week, the asset management unit of Seoul–based Mirae Asset Financial Group acquired a 15-hotel portfolio in the United States from Anbang Insurance Group Co. for $5.8 billion, marking the single-highest price tag for an overseas alternative investment by a South Korean company. The foreign investor is seeing a huge investment opportunity within the U.S. hotel market. So what’s been going on in the sector?
Fundraising
Blackstone closes on $20b for largest real estate fund ever raised
Blackstone Real Estate has completed a final close of Blackstone Real Estate Partners IX (BREP IX) with $20.5 billion in capital, the largest real estate fund ever raised.