People | Jul 6, 2018 Savills IM global chief resigns ahead of proposed relocation by Andrea Zander Savills Investment Management’s global chief executive and chairman Justin O’Connor has stepped down before relocating to Hong Kong.Â
Research | Jul 6, 2018 U.S. job market remains tight, construction employment reaches 10-year high by Larry Gray The U.S. job market continued to chug along in June, as total nonfarm payroll employment increased by 213,000.
Transactions | Jul 6, 2018 90 North closes its first Australian transaction by Released 90 North, an international real estate investor and adviser, has acquired the brand-new Quest Apartment Hotel in Greater Springfield, Queensland, in a transaction worth A$24.3 million ($18.05 million).Â
Transactions | Jul 6, 2018 Recent commercial real estate transactions by Alicia Block Transactions reported this week included the sale of a hotel in New York City.Â
People | Jul 6, 2018 HNA Group co-founder passes away by Andrea Zander Wang Jian, the co-founder and chairman of Chinese conglomerate HNA Group, has died in an accidental fall in the village of Bonnieux, southern France.
Transactions | Jul 5, 2018 Katara Hospitality to acquire Plaza Hotel in Manhattan by Andrea Zander Katara Hospitality, a unit of the Qatar Investment Authority, has acquired the 282-room iconic Plaza Hotel in Manhattan for approximately $600 million.
Research | Jul 5, 2018 Data tech, fin-tech and prop-tech dominate investors’ demand by Andrea Zander One of the themes covered in the LaSalle Mid-Year ISA Update 2018 is the continuing dominance of tech industries in urban economies, the capital markets and also the real estate markets. The secular trends of finance can be divided into two broad domains: wealth management and financial transactions, according to LaSalle Investment Management’s midyear report. Both domains are adopting new technologies at a blistering pace.
People | Jul 5, 2018 Aviva Investors appoints Tom Clapham as head of institutional sales for Asia by Andrea Zander Aviva Investors, the global asset management business of insurer Aviva, has appointed Tom Clapham as its head of institutional sales for Asia, effective immediately.
Investors | Jul 5, 2018 ESR launches Australian platform​ by Andrea Zander ESR has launched an Australian platform, ESR Australia, following its acquisition of Commercial & Industry Property (CIP), an Australian property development group.Â
Transactions | Jul 5, 2018 Lothbury buys hotel in London for U.K. pension fund by Andrea Zander Lothbury Investment Management has bought the Travelodge hotel on Union Street, Southwark in London, on behalf of a U.K. pension fund.
Fundraising | Jul 5, 2018 ASR Dutch Prime Retail Fund raises over €275m by Andrea Zander Three European pension funds have committed into a Dutch retail fund.
Transactions | Jul 5, 2018 German developer plans to invest €700m for mixed-use​ project by Andrea Zander Düsseldorf, Germany-based developer The Gerch Group has acquired the 883,000-square-foot Quelle Areal of Sonae Sierra in Nuremberg through several sister companies. The firm plans to invest €700 million ($819 million) for its 1.83 million-square-foot development project.Â
Fundraising | Jul 5, 2018 DIC Asset AG launches seventh open-ended fund by Andrea Zander Germany-based DIC Asset AG has launched its seventh open-ended special alternative investment fund.
People | Jul 5, 2018 Pantheon opens office in Tokyo by Released Pantheon, a global alternatives investment manager, has opened an office in Tokyo.
Fundraising | Jul 3, 2018 IEC holds final close for its fourth institutional fund by Andrea Zander Institutional fund manager and value-add investor, Interstate Equities Corporation (IEC), has announced the final close of its fourth institutional fund, IEC Institutional Fund IV with $300 million in equity commitments.
People | Jul 3, 2018 Hines U.K. makes new hire for entry of industrial and logistics market by Andrea Zander Greg Cooper has joined Hines U.K. as director of industrial and logistics, a new role thathas been created as part of the firm’s plans to enter the market.
Transactions | Jul 3, 2018 Korean investors and partner acquire European logistics assets by Andrea Zander Savills Investment Management has purchased two key logistics assets in Venlo, Netherlands, and Helsinki, Finland, on behalf of Vestas Investment Management and a club of Korean investors.
Transactions | Jul 3, 2018 AMP Capital’s Crossroads Logistics Centre development hits milestones by Released AMP Capital has completed its second purpose-built facility at Casula’s Crossroad Logistics Centre in Sydney.
Transactions | Jul 3, 2018 Legal & General buys largest BTR site in Woolwich by Released Legal & General has announced that it has exchanged contracts on its largest Build To Rent (BTR) site to date located in Woolwich, London.
People | Jul 3, 2018 ISBI appoints new executive director by Andrea Zander The $18.3 billion Illinois State Board of Investment (ISBI) has appointed JoharaFarhadieh to executive director.
