Newsline

The Connecticut Retirement Plans and Trust Funds (CRPTF) has committed $350 million to real estate, according to an announcement by the pension fund.

Barings, on behalf of a core European real estate strategy, has sold office property Härolden 44 in Stockholm.

The Urban Land Institute (ULI) Asia Pacific has released its 2025 Asia Pacific Home Attainability Index, revealing persistent challenges to affordable or accessible housing across the region. The fourth edition of the report assesses 51 market segments across 41 major cities.

Kayne Anderson Real Estate, the real estate private equity arm of Kayne Anderson, and JDL Development, a Chicago-based developers, have entered into an agreement to acquire a development site located at 2001 North Southport Avenue in Chicago.

LaSalle Investment Management has released its mid-year update to its 2025 ISA Outlook.

Fetner Properties, in partnership with MCB Real Estate and Farallon Capital Management, has announced the assumption of a ground lease and the acquisition of 240 Willoughby Street, a residential rental building, offering 463 units, 147 of which are designated for affordable housing, in Fort Greene, Brooklyn, N.Y.

MaxCap Group’s flagship commercial real estate debt vehicle, the MaxCap Investment Trust (MIT), has reached $1 billion in funds under management, a milestone reflecting broad-based adoption from pension funds, insurance companies, wealth management groups and family offices.

Heitman has completed a 150,000-square-foot self-storage facility in Liffey Valley, Dublin.

M&G Real Estate has published its mid-year Global Real Estate Outlook report, which highlights that real estate markets globally are presenting attractive cyclical buying opportunities, with the United Kingdom, continental Europe and Asia poised to be the beneficiaries of shifting capital flows as investors sharpen their focus on diversification. 

Rockwood Capital has hired Jimmy Yung as senior managing director, global head of originations.

Hines has promoted Kian Fong Lim to COO, real estate, Asia Pacific, effective immediately. He will continue as head of Singapore and Southeast Asia, responsible for the firm’s activities in Singapore and Vietnam.

The United Kingdom will experience a 16 percent drop in publicly funded affordable residential development during the next decade — further compounding the need for private capital to help solve the country's housing crisis.

The U.S. industrial market’s continued resilience in the second quarter, despite broader economic uncertainty and regional volatility, according to Cushman & Wakefield.

CBRE’s 2025 Asia Pacific Real Estate Chief Sustainability Officer Survey has foundthe role of chief sustainability officer (CSO) in real estate is maturing across Asia Pacific. Amid complex policies and economic uncertainty, real estate companies are looking to their CSOs to deliver value by driving efficiencies, future-proofing assets and mitigating risks, while implementing high-impact initiatives to achieve sustainability goals.

Drew Ierardi is joining Rush University Medical Center as deputy CIO.

Commercial estate values declined nearly 20 percent unlevered (more than 30 percent levered) from fourth quarter 2022 through third quarter 2024, while U.S. home prices rose to record highs despite mortgage rates reaching 20-year peaks. Commercial real estate returns are poised to outperform housing prices for the first time since fourth quarter 2022, driven by resilient income returns and improving capital markets, according to Rich Hill, global head of real estate research and strategy for Principal Asset Management. Hill believes this shift marks the start of a new cycle, one less driven by interest rates and more by fundamentals such as income growth and geographic nuance.  

Small-bay industrial assets, once a niche play, are now becoming a core investment strategy, drawing heightened attention from institutional investors who are seeking stable, income-generating assets in an increasingly volatile market, according to Jason Fisch, Greek Real Estate Partners vice president of leasing, and Patrick Reistrom, senior leasing associate.

 Landmark Properties has appointed Ioannis Verdelis as managing director of development and investment for its European operations.

Hines has acquired Solasta Riverside, a 324-unit, 20-story build-to-rent (BTR) scheme in the heart of Glasgow, Scotland.

America’s housing shortage grew to an all-time high of 4.7 million units.