People | Jun 25, 2024 Cohen & Steers names new CFO by Released Raja Dakkuri has joined Cohen & Steers as executive vice president and CFO.
Transactions | Jun 25, 2024 Land Securities Group increases stake in U.K. shopping center from GIC by Andrea Zander Land Securities Group has paid £120 million (€142 million/$152 million) to increase its stake in the Kent-based Bluewater, one of the United Kingdom’s leading shopping centers.
Transactions | Jun 25, 2024 Dermody Properties, Almanac Realty Investors announce strategic minority investment by Andrea Zander Almanac Realty Investors has plans to acquire a passive, minority ownership stake in Dermody Properties. The strategic investment should provide additional resources to Dermody Properties while having no impact on the day-to-day management, operations or business decision-making process.
Fundraising | Jun 25, 2024 Meadow Partners raises $530m of new capital commitments by Andrea Zander Meadow Partners has raised $530 million of new capital commitments for its sixth flagship fund, Meadow Real Estate Fund VI LP, and dedicated co-investment vehicles.
Transactions | Jun 25, 2024 PATRIZIA continues expansion of pan-European logistics platform with major investment in Italy’s “golden triangle” submarket by Released PATRIZIA has closed a deal to invest €70 million ($75 million) in a modern industrials portfolio in Italy’s “golden triangle” submarket through its PATRIZIA Logistik-Invest Europa Fund series.
Transactions | Jun 25, 2024 Kennedy Wilson acquires multi-let industrial property in West London for $111m by Andrea Zander Kennedy Wilson and its partner have acquired Heathrow Estate.
Transactions | Jun 25, 2024 Blackstone buys Finnish urban logistics portfolio for €135m by Released Nrep has sold a Finnish urban logistics portfolio to funds managed by Blackstone for €135 million ($145 million).
Transactions | Jun 25, 2024 Affinius Capital, Kennedy Wilson originate $160m construction loan for multifamily development in Brooklyn by Released Affinius Capital has originated a $160 million senior construction loan alongside Kennedy Wilson to finance 340 Nevins St.
Investors | Jun 25, 2024 ESR Group receives CSRC approval for public logistics REIT in China by Released ESR Group has received approval for its application for the registration and listing of ESR China REIT (ESR C-REIT) by the China Securities Regulatory Commission (CSRC).
AXA IM Alts appoints Multiplex for London tower, forms Lisbon office development JV with Sierra by Released AXA IM Alts has appointed Multiplex to commence construction at its 650,000-square-foot Fifty Fenchurch Street workplace development in the City of London, which is expected to be one of the lowest-carbon and most biodiverse high-rise towers in the United Kingdom.
People | Jun 25, 2024 DWS appoints Dr Ulrich von Creytz as CIO real estate, Europe by Released DWS has appointed Dr. Ulrich von Creytz to the position of CIO real estate for Europe.
Fundraising | Jun 25, 2024 Macquarie Asset Management holds final close for global opportunistic real estate fund by Released Macquarie Asset Management (MAM) has held a final close of Macquarie Real Estate Partners (MREP), an opportunistic real estate fund with approximately $1.9 billion of equity to deploy under a global strategy.
Investors | Jun 25, 2024 Former Cromwell Property Group managers set up MC Property by Released Four former managers of Cromwell Property Group and Valad Europe, which was acquired by Cromwell, have reunited to form a pan-European real estate investment management firm focused on the industrial, office and infrastructure sectors.
Transactions | Jun 25, 2024 Ascentris, George Oliver purchase Two Old Town Scottsdale buildings by Released Ascentris and Phoenix-based developer George Oliver have acquired two properties in Scottsdale, Ariz.
Investors | Jun 25, 2024 Chancerygate, Hines buy England site for logistics JV by ANDREA Zander Chancerygate and Hines have launched another strategic joint venture together to develop multi-let urban logistics schemes.
People | Jun 25, 2024 First Sentier Investors appoints Adele Swan as chief people and culture officer by Lewis Dayton Adele Swan has been appointed First Sentier Investors’ new chief people and culture officer, a role she had held the acting position title for over the past three months, reported Jamie Williamson for Financial Standard.
Transactions | Jun 24, 2024 EQT to acquire third-largest cold storage owner-operator in Europe by Released EQT Infrastructure VI fund, a fund managed by EQT, has agreed to acquire Constellation Cold Logistics from Arcus Infrastructure Partners. Financial details are not disclosed.
Transactions | Jun 24, 2024 Starlight Investments expands U.K. portfolio with acquisition of 232-suite BTR community in Dartford by Released Starlight Investments, a global real estate investment and asset management firm, has exchanged on an acquisition to purchase a seven-building master-planned build-to-rent (BTR) community under development in Dartford, Kent, from Bellway London.
Research | Jun 24, 2024 Workplace dynamics: 10% of CHROs favor promotions for fully in-office workers by Released Approximately 10 percent of chief human resource officers (CHROs) expect that promotion eligibility will be increased for fully-in-office workers over fully remote workers, according o new survey from The Conference Board.
Research | Jun 24, 2024 Unaffordability expected to remain primary constraint on home sales by Released Affordability constraints continue to limit the number of buyers willing and able to make home purchases, even as listings of for-sale homes rise, according to the June 2024 com-mentary from the Fannie Mae Economic and Strategic Research (ESR) Group.
