Fundraising | Oct 30, 2018 Paladin Realty Partners launches Latin America impact fund by Jody Barhanovich Paladin Realty Partners, a private equity fund manager focused on institutional-quality real estate investments in Latin America, has launched a new real estate impact fund.
Investors | Oct 30, 2018 European pension fund invests in Australian build-to-rent residential by Andrea Zander Sentinel Real Estate Corp. has received a commitment of A$200 million ($142 million) from a major European pension fund.
Transactions | Oct 30, 2018 Lennar to sell Rialto business to Stone Point Capital for $340m by Released Lennar Corp. has agreed to sell its Rialto Investment and Asset Management business to investment funds managed by Stone Point Capital for $340 million.
Transactions | Oct 30, 2018 Altamar, KKR team up on €650m Costa del Sol development site by Andrea Zander Spanish private equity firm Altamar Capital Partners has partnered with U.S.-based investor KKR and local developer Single Home to invest up to €450 million ($tk million) in the development of a luxury resort in Casares near Malaga, on the Spanish Costa del Sol region.
People | Oct 30, 2018 Adrian Baker named CEO of CBRE Global Investors Asia Pacific by Released CBRE Global Investors has promoted Adrian Baker to CEO for the firm’s Asia Pacific business.
Fundraising | Oct 30, 2018 Almanac Realty Investors holds $2.26b final close for real estate securities fund by Jody Barhanovich Almanac Realty Investors, a provider of growth capital to private and public real estate companies, has held a final close of its latest real estate fund.
People | Oct 30, 2018 Paul Lewis joins Angelo Gordon as director by Released Angelo Gordon has appointed Paul Lewis as director of European net lease real estate.
Transactions | Oct 30, 2018 Square Mile Capital provides funding for Simon Baron’s ALTA property in Long Island City by Released Square Mile Capital has made a $138.5 million preferred equity investment in connection with the recapitalization of ALTA.
Transactions | Oct 30, 2018 Europa Capital makes second acquisition for core long income strategy by Released Europa Capital, the pan-European real estate investment manager, has completed the acquisition of Imagine.
Investors | Oct 29, 2018 OCERS approves rebalancing of $150m in real estate commitments by Jody Barhanovich The $15.8 billion Orange County (Calif.) Employees Retirement System has approved the rebalancing of $150 million from a generalist U.S. core open-end real estate manager to two specialist managers.
Research | Oct 29, 2018 Foreign real estate investment returns as overseas capital targets China by Andrea Zander Commercial property investment demand from foreign participants rebounded during the third quarter 2018, especially in Tier-1 cities despite an overall softening of investment in Mainland Chinese commercial property over the past 12 months, according to Cushman & Wakefield Research’s latest Greater China Capital Markets Express report.
Investors | Oct 29, 2018 ANREV conference: Japan is set for an economic renaissance, which will boost real estate investment opportunities by Andrea Zander In a survey conducted at the ANREV Annual Conference, delegates said they prefer the logistics real estate sector, cited by 29 percent as their first preference, while 25.5 percent favor residential real estate and 16.6 percent like Japan’s office sector. They also predict solid performance for Tokyo real estate; office yields are expected to stay at current levels or fall further, indicating a rise in prices.
Transactions | Oct 29, 2018 MRP Realty, GreenOak JV acquires the lion building from JBG Smith by Jody Barhanovich MRP Realty, together with GreenOak Real Estate, has acquired The Lion Building at 1233 20th Street, NW from JBG Smith.
People | Oct 29, 2018 Almanac Realty Investors founding partner passes away by Andrea Zander John McGurk, founding partner of Almanac Realty Investor, has passed away.
Transactions | Oct 29, 2018 Kennedy Wilson and AXA IM – Real Assets complete €161m PRS acquisition in Ireland by Released Kennedy Wilson and AXA Investment Managers – Real Assets, acting on behalf of its clients, announced that their Irish private rented sector (PRS) joint venture has completed the acquisition of 274 units and a four-acre development site at the Grange, in the South Dublin suburb of Sandyford.
People | Oct 29, 2018 Target Fund Managers makes trio of appointments by Released U.K.-based Target Fund Managers, the external manager to Target Healthcare REIT, has made three appointments to support its growth strategy.
Transactions | Oct 29, 2018 Aviva Investors commits £300m to Manchester’s Enterprise City by Andrea Zander Aviva Investors, the global asset management business of Aviva, has agreed to a long-term partnership with Allied London, a U.K. property investment and development company, to create Enterprise City at St John’s, Manchester’s newest city-center neighborhood.
Research | Oct 29, 2018 NCREIF Property Index decreases in third quarter by Andrea Zander The NCREIF Property Index (NPI) posted a total return of 1.67 percent in the third quarter, down slightly from 1.81 percent last quarter.
Investors | Oct 26, 2018 GDP grows 3.5% in Q3 2018 by Loretta Clodfelter Real U.S. GDP increased at an annual rate of 3.5 percent in the third quarter, according to the advance estimate from the Bureau of Economic Analysis.
Transactions | Oct 26, 2018 CDL expands U.K. commercial portfolio, acquires office tower in central London for £385m by Jody Barhanovich City Developments Limited (CDL) has acquired a freehold grade A office tower, 125 Old Broad Street, for £385 million ($493 million).
