Transactions | Sep 21, 2018 Deka Immobilien acquires office building in London Victoria for £460m by Andrea Zander Deka Immobilien GmbH has acquired the Verde office building in London Victoria, a submarket of the London West End.
Transactions | Sep 20, 2018 Keppel buys 40% stake in Chinese residential project by Released Keppel Land China has formed a joint venture with Gemdale Corp. to jointly develop an 8.8-ha prime residential site in Nanjing, China.
Investors | Sep 20, 2018 Aamundo and unnamed institutional investor to buy value-added German properties for €1b by Andrea Zander Aampere Investment Management, a subsidiary of Aamundo Immobilien Group, has plans to invest up to €1 billion ($1.2 billion) in the German real estate market together with an unnamed U.S. institutional investor.
Investors | Sep 20, 2018 FirethornTrust to invest £200m in U.K. real estate by Andrea Zander FirethornTrust, formed by ex-Tristan Capital duo Peter Mather and Chris Webb, has secured an exclusive mandate from two U.S. family offices to invest in U.K. real estate.
Transactions | Sep 20, 2018 Ivanhoé Cambridge acquires Callahan Capital Properties by Released Ivanhoé Cambridge and Callahan Capital Properties have completed a transaction that sets out the terms under which Ivanhoé Cambridge acquires CCP.
Transactions | Sep 20, 2018 NCC buys €240m Stockholm mixed-use project by Andrea Zander Construction and property group NCC has acquired the Trafikflyget 8 mixed-use development project near Bromma airport in Stockholm from ICA Fastigheter.
Fundraising | Sep 20, 2018 German asset manager launches first real estate loan fund by Andrea Zander Helaba Invest, the asset manager of German landesbank Helaba, has launched its first-ever fund investing in real estate loans to Helaba’s credit portfolio.
Transactions | Sep 20, 2018 MGM acquires all operating assets of Hard Rock Rocksino Northfield Park for $275m by Jody Barhanovich MGM Resorts International and MGM Growth Properties have entered into an agreement.
Transactions | Sep 20, 2018 Spring REIT buys China’s Guangdong Province mall for $240m by Andrea Zander Spring REIT has reached a deal to buy a shopping mall in China’s Guangdong Province for approximately 1.65 billion Chinese yuan ($240.92 million).
Fundraising | Sep 20, 2018 Brasa Capital Management launches new real estate fund by Jody Barhanovich Brasa Capital Management, a real estate investment firm focused on projects located in the Western United States, is marketing a new real estate fund.
People | Sep 20, 2018 Heitman appoints senior vice president of acquisitions by Released Ashish Karamchandani has joined Heitman as senior vice president, acquisitions within its North American private real estate equity operations.
People | Sep 20, 2018 BNP Paribas Real Estate continues to strengthen top management team in Spain by Released BNP Paribas Real Estate has continued to strengthen its senior management team in Spain with a number of new appointments, in line with its strong commitment to growth in the country over the coming years
Research | Sep 20, 2018 Europe’s non-listed funds expense ratios highlight industry transparency by Andrea Zander The 2018 INREV Management Fees & Terms Study highlights Europe’s non-listed real estate industry’s dramatic leap in transparency, achieving a record response rate from members of INREV — the European Association for Investors in Non-Listed Real Estate Vehicles.
Investors | Sep 19, 2018 Warburg Pincus invests $400m in Chinese logistics platform by Andrea Zander Warburg Pincus has invested $400 million into Shanghai-based warehousing and logistics company NewEase China, a recently established logistics real estate venture focused on hubs and platforms for urban logistics infrastructure.
Investors | Sep 19, 2018 Amherst Holdings to invest $1b on home-flipping business by Andrea Zander Amherst Holdings has plans to launch Bungalo, a subsidiary, to purchase, renovate and resell single-family properties, combining the home-flipping business.
Investors | Sep 19, 2018 Nebraska Investment Council to invest in Clarion Lion Properties Fund by Jody Barhanovich The Nebraska Investment Council is planning to reinvest the capital into a core fund managed by Clarion Partners.
Investors | Sep 19, 2018 PSERS reports 5.2% return for real estate asset class for fiscal year by Jody Barhanovich The $29.8 billion Pennsylvania State Employees’ Retirement System has reported a 5.2 percent return, net of fees, for its real estate asset class for the 12 months ended June 30, 2018.
Transactions | Sep 19, 2018 Los Angeles officials approve $1b mixed-use project by Andrea Zander The Los Angeles Planning Commission voted last week to endorse the $1 billion Crossroads Hollywood mixed-use project in Hollywood, Calif., according to the Los Angeles Times.
Transactions | Sep 19, 2018 Blackstone acquires industrial portfolio for $950m by Andrea Zander Blackstone has agreed to pay approximately $950 million for an industrial portfolio owned by MDH Partners and Harvard University’s endowment, according to Real Estate Alert.
Investors | Sep 19, 2018 Texas Permanent commits $362m to real estate funds by Andrea Zander The $33.9 billion Texas Permanent School Fund has invested capital into four real estate funds.
