Fundraising | Jun 21, 2018 Banner Oak Capital Partners nets $800m to invest by Andrea Zander Banner Oak Capital Partners has closed on two new vehicles with a collective $800 million to invest.
Research | Jun 21, 2018 Hong Kong retail regains lost momentum by Andrea Zander Retail sales in Hong Kong have grown 13.9 percent year-over-year so far this year, reaching record levels comparable to the previous market peak, according to Colliers International. Millennials and Generation Z have been driving the retail market toward more lifestyle consumption and experiential shopping.
Transactions | Jun 20, 2018 LaSalle acquires “Hotel ibis Styles Tokyo Bay” in Shin-Urayasu by Released LaSalle Investment Management has acquired “ibis Styles Tokyo Bay”.
Transactions | Jun 20, 2018 BNP Paribas acquires second largest European e-commerce center by Released BNP Paribas REIM has acquired, on behalf of Vestas Investment Management, a warehouse in Poland.
Transactions | Jun 20, 2018 Lifescapes International plans $300m expansion for West Coast’s largest casino/resort by Jody Barhanovich Lifescapes International, a landscape architectural firm, has recently completed a landscape design for the $300 million expansion of the Pechanga Resort Casino in Temecula, Calif.
People | Jun 20, 2018 RioCan REIT announces changes to executive leadership team by Released Raghunath Davloor, president and COO of RioCan REIT since 2014, has decided to pursue other opportunities and will resign from his current role effective July 31, 2018.
Transactions | Jun 20, 2018 Hines fund acquires Edinburgh’s The Mint Building by Andrea Zander Hines has agreed to acquire The Mint Building in Edinburgh from Scotland-based Chris Stewart Group on behalf of its European Core Fund.
Investors | Jun 20, 2018 Hines and Sentio launch senior living and healthcare partnership by Andrea Zander Hines and Sentio Investments have formed a new partnership, specializing in senior living and other healthcare real estate assets.
Transactions | Jun 20, 2018 VICI Properties acquires Louisiana resort casino for $261m by Jody Barhanovich VICI Properties, a REIT focused on experiential real estate, has acquired the land and real estate assets of the Margaritaville Resort Casino, located in Bossier City, La.
Fundraising | Jun 20, 2018 Greystone holds $750m close real estate debt fund by Andrea Zander Greystone has held a $750 million close for its real estate debt fund.
Investors | Jun 20, 2018 CPPIB invests in Goodman Brazil logistics by Andrea Zander The Canada Pension Plan Investment Board has invested R$500 million ($132 million) for a 20 percent equity interest in the newly established Goodman Brazil Logistics Partnership.
People | Jun 20, 2018 NZ Super Fund appoints Matt Whineray to CEO by Andrea Zander The board of the NZ$37.9 billion ($27.8 billion) New Zealand Superannuation Fund’s has appointed Matt Whineray as CEO.
Fundraising | Jun 19, 2018 MetaProp NYC closes second proptech fund by Loretta Clodfelter Real estate companies have become some of the biggest backers of real estate technology startups. MetaProp NYC has closed MetaProp Ventures II, its second venture capital fund, with $40 million.
Transactions | Jun 19, 2018 Oslo’s third-largest retail center changes hands by Andrea Zander Aspelin Ramm has sold ALNA Senter shopping center in Oslo to Joh Johannson Eiendom AS.
Fundraising | Jun 19, 2018 PfP Capital to launch £150m residential fund by Andrea Zander PfP Capital has plans to launch a new fund in partnership with the Scottish Government to invest in mid-market rent residential properties throughout Scotland.
Research | Jun 19, 2018 2018 European property investment volumes on track to meet 2017 levels by Andrea Zander Commercial real estate investment volumes across Europe are currently on course to meet 2017 levels, according to Savills, after first quarter 2018 was broadly in line with the long-term average.
Investors | Jun 19, 2018 Texas Permanent invests in two real estate funds by Jody Barhanovich The $33 billion Texas Permanent School Fund has committed equity to two real estate funds.
Transactions | Jun 19, 2018 La Française acquires Paris office building on behalf of Korean investors by Andrea Zander La Française, acting on behalf of Hyundai Investment Asset Management and a group of Korean Securities companies, has acquired an eight-story office building on the outskirts of Paris.
Fundraising | Jun 19, 2018 FAP launches Germany-focused real estate debt funds by Andrea Zander The FAP Group has launched a new real estate debt fund for mezzanine loan financing of portfolio properties, revitalization projects and project developments in Germany, as well as selectively in the Netherlands and Austria.
Fundraising | Jun 19, 2018 Cohen & Steers launches U.K. fund for DC market by Andrea Zander Cohen & Steers has launched U.K. Diversified Real Assets SICAV, which will provide U.K.-based defined contribution pension funds access to global real assets.
