Fundraising | Apr 9, 2019 M31 Capital launches opportunity zone fund to invest in San Francisco Bay Area by Released M31 Capital has launched its first Qualified Opportunity Zone fund.
Transactions | Apr 9, 2019 Paladin Realty launches mixed-use development in São Paulo by Released Paladin Realty Partners has launched its latest mixed-use development, “CORE”, located in São Paulo’s upscale Pinheiros neighborhood.
Transactions | Apr 9, 2019 VICI to acquire JACK Cincinnati Casino for $745m by Andrea Zander VICI Properties has acquired the JACK Cincinnati Casino for $745 million.
Transactions | Apr 9, 2019 Ascentris and Optima close-out Scottsdale, Ariz., condominiums by Released Ascentris, a Denver-based real estate private equity firm, has announced the closing of all the units in 7120 Optima Kierland (Optima Kierland II), a 12-story condominium tower in Scottsdale.
Investors | Apr 9, 2019 GSA and Harrison Street announce €750m JV in Spain by Released Global Student Accommodation Group (GSA) and Harrison Street Real Estate Capital have plans to acquire more than 10,000 student beds and deploy more than €750 million ($846 million) in top-tier university cities across Spain.
Transactions | Apr 9, 2019 Alpha Real Capital completes ground rent transaction on £1b hotel portfolio by Released Alpha Real Capital, a specialist manager of long-income real assets, has completed a ground-rent transaction over a circa £1 billion ($1.3 billion) portfolio of three central London hotels on behalf of its Index Linked Income Fund (ILIF).
Transactions | Apr 9, 2019 WashREIT to expand multifamily portfolio with $461m purchase by Andrea Zander Washington REIT has acquired a multifamily portfolio of 2,113 units located in the Washington metro region, for nearly $461 million.
Fundraising | Apr 9, 2019 Canyon Partners launches next multifamily impact fund by Released Canyon Partners Real Estate, a real estate direct investing arm of Canyon Partners, a global alternative asset manager, has launched its next multifamily impact fund.
Transactions | Apr 9, 2019 OUE Group’s REITs merge to create $5b entity by Andrea Zander Two of Singapore’s REIT have proposed a merger that would create one of the largest diversified REITs in the city-state, with total assets of approximately S$6.8 billion ($5 billion).
Transactions | Apr 9, 2019 Värde Partners to manage €800m Sareb residential development portfolio by Andrea Zander Värde Partners to manage a portfolio of more than €800 million ($902 million) residential development assets in Spain.
People | Apr 9, 2019 Sean Choi named head of capital markets, CBRE Korea by Released CBRE, a global commercial real estate service company, has appointed Sean Choi as executive director, head of capital markets, Korea.
Transactions | Apr 9, 2019 Principal Real Estate Spezialfondsgesellschaft mbH acquires private clinic by Released Principal Real Estate Spezialfondsgesellschaft mbH has acquired the Privatklinik Friedenweiler, a private clinic located in the Upper Black Forest in south-west Germany, for the Principal Care Invest II fund.
Investors | Apr 9, 2019 Partners Group opens Toronto office by Released Partners Group, the global private markets investment manager, has expanded its North American presence with the opening of an office in Toronto.
Transactions | Apr 9, 2019 Korean investors’ interest continues in Dublin office market with €145m acquisition by Andrea Zander Charlemont Exchange, a seven-floor office building at Grand Canal in Dublin, has been acquired from Marlet Property Group in a deal valued at €145 million ($164 million).
Transactions | Apr 9, 2019 Prologis acquires €390m Alecta JV logistics portfolio by Andrea Zander Prologis, through its open-ended fund Prologis European Logistics Fund, has acquired a joint venture logistics portfolio in Sweden.
Fundraising | Apr 9, 2019 Asana Partners holds $800m final close of second value-add retail fund by Andrea Zander Asana Partners, a retail real estate company investing in high-growth markets across the United States, has held the final close.
Transactions | Apr 9, 2019 Patrizia acquires €100m portfolio of 27 German retail properties by Andrea Zander Patrizia Immobilien AG has acquired a portfolio of 27 retail properties across Germany from Marathon Asset Management.
Transactions | Apr 9, 2019 Harbor Associates plans to buy $250m in SoCal suburban office by Andrea Zander Harbor Associates recently completed the $48 million acquisition of Encino Office Park, an approximately 213,500-square-foot office campus in Encino, Calif.
Research | Apr 9, 2019 Dallas-Fort Worth industrial market reaches record-breaking new supply under construction by Andrea Zander Cushman & Wakefield has tracked an additional 30.1 million square feet (msf) of industrial product currently under construction.
Investors | Apr 9, 2019 U.S. economic expansion nears 10 years, and real estate fundamentals remain healthy by Loretta Clodfelter The U.S. economy is at full employment and GDP growth accelerated in 2018, but many have begun to worry about a future recession, with consensus forecasts placing the downturn two years out.