Investors | Sep 12, 2019 Real I.S. receives Australian real estate mandate by Released Real I.S. AG has been mandated by a homogeneous group of institutional investors to invest in the Australian real estate market.
People | Sep 12, 2019 Rockefeller Group appoints Thomas Weeks in newly-created role by Kali Persall Rockefeller Group has appointed veteran real estate executive Thomas Weeks as the company’s first executive vice president and head of development, effective Sept. 30.
Research | Sep 12, 2019 U.S. flexible office space sector poised for significant growth, though operating models may shift by Andrea Zander The U.S. market for flexible office space will generate significant growth over the next decade, even in the event of a recession, as flex operators consolidate and forge financial partnerships with building owners.
Research | Sep 12, 2019 German office market in healthy condition despite fears of an economic downturn by Marek Handzel Germany’s office markets are in healthy condition and will remain so for the foreseeable future, despite signs of an impending slowdown in the German economy.
Research | Sep 12, 2019 U.S. capital flows moderate from record 2018 levels by Andrea Zander With the longest global economic expansion on record, international investors face an increasingly complex calculus in identifying cost-effective opportunities for potential downturn protection, slowing cross-border capital flows, reported CBRE.
Transactions | Sep 12, 2019 Invesco Real Estate buys French trophy retail asset in off-market transaction by Kali Persall Invesco Real Estate has acquired an 850-square-meter (9,149-square-foot) trophy retail asset in Paris in an off-market transaction with a private vendor.
Investors | Sep 12, 2019 Q&A about net lease/retail-related investment trends with Noah Shaffer, senior director, Confidant Asset Management by Andrea Zander Noah Shaffer is a senior director for Tampa/St. Petersburg-based Confidant Asset Management (CAM), providing property and asset management services for retail, industrial and office properties throughout the United States. Shaffer has provided his insights on net lease/retail-related investment trends.
Research | Sep 11, 2019 Scotland attracts over half £1b of international capital in H1 2019 by Andrea Zander Scotland has attracted over half a billion pounds of international capital in the first half of 2019 and is on track to become the best ever recorded year of inward investment for commercial real estate in Scotland, according to Savills.
Investors | Sep 11, 2019 SDCERS to invest $65m in U.S.-based CBRE core partners fund by Kali Persall The San Diego City Employees’ Retirement System (SDCERS) has earmarked $65 million for a fund managed by CBRE Global Investors.
People | Sep 11, 2019 AXA Investment Managers – Real Assets appoints new U.S. director of acquisitions by Released AXA Investment Managers – Real Assets has appointed Andrew Piekarski as U.S. director of acquisitions, effective immediately.
Transactions | Sep 11, 2019 CBRE Global Investors buys 31,000sqm warehouse in France by Released CBRE Global Investors, on behalf of one of its separate account clients, has acquired a 31,000-square-meter (334,000-square-foot) warehouse in Artenay-Poupry, France.
Investors | Sep 11, 2019 Kennedy Wilson forms $500m JV by Andrea Zander Kennedy Wilson has formed a new joint venture platform with Security Benefit targeting stabilized, income-producing, high-quality real estate investment opportunities in the Western United States.
Investors | Sep 11, 2019 Oregon pension fund issues RFP for real estate consultant by Kali Persall The Oregon State Treasury is seeking a real estate portfolio consultant to manage the $77 billion Oregon Public Employees’ Retirement Fund (OPERF).
Investors | Sep 11, 2019 Atlas Residential to deploy $1b for first global multifamily apartment portfolio by Andrea Zander Atlas Residential will deploy $1 billion through its affiliate Atlas Residential Holdings to establish the first global multifamily apartment portfolio via its discretionary private opportunity fund.
Fundraising | Sep 11, 2019 Angelo, Gordon & Co. raises $1.3b for fourth Asia-focused fund by Kali Persall Angelo, Gordon & Co. has raised $1.3 billion for its fourth Asia-focused real estate fund, AG Asia Realty Fund IV, exceeding the fund’s $1 billion target.
Research | Sep 11, 2019 Singapore investors remain region’s top cross-border spenders in 2019 by Released Singaporean real estate investors have emerged as Asia Pacific’s number one source of outbound capital in the first half of 2019, and their overseas deals are growing in scale and complexity, reported JLL.
Transactions | Sep 11, 2019 Chesapeake Lodging Trust shareholders approve merger with Park Hotels & Resorts by Released Chesapeake Lodging Trust shareholders have approved the proposed merger of the Trust with and into a subsidiary of Park Hotels & Resorts.
Transactions | Sep 11, 2019 Mirae buys U.S. hotel portfolio for $5.8b, highest priced purchase by Korean company by Andrea Zander The asset management unit of Seoul, Korea-based Mirae Asset Financial Group has acquired a 15-hotel portfolio in the United States.
Transactions | Sep 11, 2019 Henderson Park acquires first German shopping center by Released Henderson Park, a pan-European private equity real estate platform, has acquired Rathaus Galerie, a shopping center located in the city center of Essen, Germany.
People | Sep 11, 2019 Blackstone appoints Raymond Chan as managing director of investment team by Released Blackstone has hired Raymond Chan as managing director of its portfolio management and investment research team in Blackstone Alternative Asset Management (BAAM).
