Research | Sep 7, 2018 U.S. economy adds 201,000 jobs in August by Loretta Clodfelter Total U.S. nonfarm payroll employment increased by 201,000 jobs in August.
Transactions | Sep 7, 2018 Recent commercial real estate transactions by Alicia Block Transactions reported this week included the sale of two offices.
People | Sep 7, 2018 Corestate Capital expands management team by Andrea Zander Dirk Lembke joined the management board of UPARTMENTS Real Estate GmbH, CORESTATE’s micro living unit, in August 2018.
Transactions | Sep 7, 2018 Chicago Central Loop office sells for $155m by Andrea Zander Slate Office REIT has acquired the office at 120 South LaSalle in downtown Chicago for $155.5 million.
Transactions | Sep 7, 2018 CITIC Group in talks to buy Czech properties for $980m by Andrea Zander CITIC Group is in talks with China Energy Finance Corp. (CEFC) to purchase a portfolio that includes luxury hotels, a football club, a brewery and a broadcaster in Czech Republic for $980 million.
Research | Sep 7, 2018 REITs rise 2.6% in August by Loretta Clodfelter Equity REITs rose nearly 2.6 percent in August, according to the FTSE Nareit U.S. Real Estate Index Series.
Research | Sep 7, 2018 Rising shipping costs influence industrial real estate market by Jody Barhanovich Amid a growing economy and greater consumer spending power, retailers are rapidly expanding their logistics networks, which expansion continues to strengthen the industrial sector, according to Marcus & Millichap’s Midyear 2018 Industrial Outlook report.
Fundraising | Sep 6, 2018 Mesirow Financial closes multifamily value-added real estate fund by Andrea Zander Mesirow Financial has held a final close for its third fund.
Investors | Sep 6, 2018 Texas TRS commits $225m to real estate credit fund by Jody Barhanovich The $151.4 billion Teacher Retirement System of Texas has committed $225 million to a fund managed by Mack Real Estate Finance.
Investors | Sep 6, 2018 CalSTRS closes $4.1b in real estate commitments in H1 2018 by Jody Barhanovich In the first half of 2018, the $228 billion California State Teachers Retirement System has closed roughly $4.1 billion of commitments to new and existing partners, according to its real estate semi-annual report.
Investors | Sep 6, 2018 Patron Capital appoints Matteo Busà to lead €300m investment in Italy by Andrea Zander Patron Capital has plans to invest €200 million to €300 million ($tk million to $tk million) from its funds in Italy.
Research | Sep 6, 2018 Over €20b of real estate assets set to hit the market by 2028 by Released Approximately 92 European closed-end, non-listed real estate funds are set to terminate over the next 10 years, releasing a potential €20.9 billion ($24.3 billion) of assets back into the market, according to the INREV Funds Termination Study 2018.
Research | Sep 6, 2018 New retail concepts gain traction, improving sector fundamentals by Andrea Zander Although several bankÂruptcies involving high-profile retailers have captured headlines, the sector’s perforÂmance continues to improve as physical retailers explore omnichannel concepts to combat e-commerce, according to Marcus & Millichap’s midyear 2018 report.
Transactions | Sep 6, 2018 San Francisco Giants select Tishman Speyer as partner on Mission Rock mixed-use development project by Released The San Francisco Giants have selected Tishman Speyer as its joint venture partner to develop the waterfront Mission Rock mixed-use neighborhood near AT&T Park.
Research | Sep 6, 2018 London tops ranking for largest tech clusters by Andrea Zander London has topped a ranking for EMEA’s largest technology clusters, according to CBRE’s report EMEA Tech Cities: Opportunities in Technology Hotspots, which provides a framework for occupiers and investors to assess the characteristics of technology clusters in economic, leasing and employment terms at the regional and city level.
Fundraising | Sep 6, 2018 Niam holds €280m final close for second core-plus Nordic fund by Jody Barhanovich Niam AB, a private equity real estate firm based in Stockholm, has held a final close for Niam Nordic Core-Plus Fund II.
Research | Sep 6, 2018 Modern office space occupies 28% of supply in Poland by Andrea Zander Business services centers occupy more than 2.5 million square meters (27 million square feet) of the Polish office market, according to new estimates by JLL. Traditionally, the business services sector has the highest percentage of occupied office space in Kraków (61 percent).
Transactions | Sep 6, 2018 LaSalle Hotel Properties selects Pebblebrook by Released Pebblebrook Hotel Trust and LaSalle Hotel Properties have entered into a definitive merger agreement under which Pebblebrook will acquire 100 percent of LaSalle’s outstanding common shares.
People | Sep 6, 2018 Invesco Real Estate adds to residential investment team by Andrea Zander Invesco Real Estate has appointed Victoria Stanley as director of fund management for residential investment.
Fundraising | Sep 5, 2018 Brookfield, Fairfield Residential hold $1b final close by Jody Barhanovich Brookfield Asset Management and Fairfield Residential have held a $1 billion final close for largest U.S. multifamily value-add fund.
