Transactions | Jun 13, 2018 AXA Investment Managers completes €250m acquisition of Paris care homes portfolio by Andrea Zander AXA Investment Managers – Real Assets has completed, on behalf of its clients, the acquisition, via financial lease agreements, of a portfolio of care homes in Paris in a transaction that values the portfolio at €250 million ($294 million).
Research | Jun 13, 2018 Australian retail market remains strong by Andrea Zander The Australian retail market remains strong, particularly in large format retail and neighborhood assets, according to Colliers International.
Transactions | Jun 13, 2018 Madison Marquette and PMRG merge by Released Madison Marquette has merged with PMRG.
Research | Jun 12, 2018 Logistics prime net effective rents in Europe: Rental values have increased by 6% since 2012 by Andrea Zander Economic development in the euro zone has started to pick up pace. Although the first quarter of 2018 saw a marginal slowdown, the actual rate of growth was resilient for the euro zone (+0.4 percent) as a whole, according to BNP Paribas Real Estate.
People | Jun 12, 2018 W. Edward Walter named new global CEO of the Urban Land Institute by Andrea Zander Urban Land Institute has named W. Edward Walter as global CEO.
Transactions | Jun 12, 2018 W. P. Carey to expand Nippon Express Logistics facility in the Netherlands by Released W. P. Carey has entered into an agreement with private developer Borghese Logistics Participaties II B.V.
Transactions | Jun 12, 2018 PGIM Real Estate enters San Francisco Bay Area multifamily joint venture with CityView by Andrea Zander PGIM Real Estate has formed a joint venture with a public pension fund client of CityView to acquire a 50 percent interest in a portfolio of five class A multifamily properties in the San Francisco Bay Area.
Transactions | Jun 12, 2018 Barings buys VEFA Canopy office development in Pré Saint Gervais, Paris by Released Barings Real Estate, part of Barings, has agreed to buy VEFA Canopy, a class A office development in Pré Saint Gervais bordering Paris.
Fundraising | Jun 12, 2018 Blackstone triples REIT’s fundraising goal by Andrea Zander Blackstone has plans to triple the fundraising goal for its nontraded REIT, Blackstone Real Estate Income Trust, reports The Wall Street Journal.
Investors | Jun 12, 2018 New suitor for QCP by Andrea Zander Quality Care Properties (QCP) is investigating another acquisition proposal that “could reasonably be expected to lead to a ‘superior offer’ to the one announced in April with real estate investment trust Welltower.
Transactions | Jun 12, 2018 Cromwell acquires Blaak 555 in Rotterdam by Andrea Zander Cromwell Property Group, an Australia-based real estate investor and manager, has acquired a prime office building located in the Rotterdam, in the Netherlands.
Fundraising | Jun 12, 2018 AEW holds $1.12b final close for third Asia Pacific value-added real estate fund by Jody Barhanovich AEW, a global institutional real estate investment manager, has held a final close for its third Asia Pacific value-added fund.
Transactions | Jun 12, 2018 Lendlease and Starwood buy £3.5b Silvertown development rights by Andrea Zander Australia’s Lendlease and Starwood Capital Group have partnered to buy a major urban regeneration site in London’s East End.
Investors | Jun 12, 2018 Lambeth Council invests in Invesco BTR strategy in the U.K. by Andrea Zander Invesco has secured a £42 million ($56 million) investment by Lambeth Council into the Invesco Real Estate U.K. Build to Rent (BTR) strategy, which now has in excess of £350 million ($469 million).
Transactions | Jun 12, 2018 M&G agrees to £265m deal for Anglo American’s new London HQ by Andrea Zander M&G Investments has agreed to a £265 million ($355 million) deal with Anglo American, the FTSE 100 listed global mining company, to redevelop its London headquarters.
People | Jun 12, 2018 Future Fund Management Agency announces changes to its investment team by Released The Future Fund Management Agency has announced changes to its investment team.
Investors | Jun 12, 2018 Florida pension commits $40m to real estate by Jody Barhanovich The $1.5 billion City of Tallahassee (Fla.) Pension Plan has committed a total of $40 million to two real estate funds.
Fundraising | Jun 12, 2018 Almanac Realty raises $1.12b for real estate securities fund by Jody Barhanovich Almanac Realty Investors, a real estate advisory firm based in New York City, has raised $1.12 billion for its value-added real estate vehicle.
Research | Jun 12, 2018 U.K. industrial property: too hot or just right? by Bill Page Industrial is the hottest sector in U.K. real estate. 2017 was a record-breaking year: a record year of transaction volumes, a record share of all property deals and a record share of overseas investment.
Fundraising | Jun 12, 2018 Real IS launches €1b fund by Andrea Zander Real I.S. has launched its €1 billion ($1.2 billion) Real I.S. BGV VIII Europe.
