Transactions | Dec 6, 2018 Korean investors buy office asset in Dublin by Andrea Zander The KanAm Grund Group has acquired an office property in Dublin.
People | Dec 6, 2018 PGIM Real Estate hires senior portfolio manager for European core strategy by Andrea Zander Thomas Kallenbrunnen has joined PGIM Real Estate as a managing director and senior portfolio manager for its European core diversified real estate strategy.
Investors | Dec 5, 2018 JLL and REAS to join forces by Released JLL has entered the residential market, acquiring REAS, a residential consultancy in Poland.
Transactions | Dec 5, 2018 Harbor Group International sells apartment portfolios for $700m by Andrea Zander Harbor Group International has sold three apartment portfolios in Florida, Connecticut and Texas for a total of $700 million.
Transactions | Dec 5, 2018 Blackstone makes €134m acquisition in Denmark by Andrea Zander Frederiksberg Housing Fund, managed by Frederiksberg Boligfond, has sold three residential properties in Denmark.
Transactions | Dec 5, 2018 COFCO Property wins approval to buy back Joy City for $2.15b by Andrea Zander China Securities Regulatory Commission has approved COFCO Property’s buy back of a controlling 64.18 percent stake in Hong Kong–listed commercial real estate developer Joy City Property.
Transactions | Dec 5, 2018 GreenOak Real Estate acquires office building in Madrid by Released GreenOak Real Estate has completed the acquisition of Claudio Coello 123, a greater than 4,000-square-meter (43,000-square-foot) office building located in the prime CBD of Madrid.
Investors | Dec 5, 2018 Chicago Policemen commits $85m to four real estate funds by Jody Barhanovich The $2.5 billion Chicago Policemen’s Annuity & Benefit Fund has committed a total of $85 million to four real estate funds.
Transactions | Dec 5, 2018 Paramount Group buys S.F. office for $227m by Andrea Zander The Paramount Group has emerged as the next owner of the 275,017-square-foot 111 Sutter Street office building in San Francisco, acquiring the property for $227 million.
Research | Dec 5, 2018 Oxford Economics: Which cities will be leading the global economy in 2035? by Andrea Zander In 2027, the aggregate GDP of all Asian cities in its forecast will for the first time exceed the combined GDP of all North American and European cities, according to Oxford Economics.
Investors | Dec 5, 2018 CBRE GI fund and Virtuo to build €1b French logistics portfolio by Andrea Zander CBRE Europe Value Partners 2 (EVP2), a value-add fund managed by CBRE Global Investors, has partnered with French logistics developer Virtuo.
Fundraising | Dec 5, 2018 Ares holds $1.04b final close on ninth value-add U.S. real estate fund by Jody Barhanovich Ares Management Corp. has held $1.04 billion final closing.
Investors | Dec 4, 2018 Welltower receives $300m investment from Qatar Wealth Fund by Released An affiliate of Qatar Investment Authority has invested $300 million to Welltower.
Investors | Dec 4, 2018 Cushman & Wakefield launches proptech startup accelerator by Released Cushman & Wakefield has formed a partnership with Plug and Play, a global innovation and startup accelerator platform.
Research | Dec 4, 2018 CMBS delinquency rate resumes decline in November at 3.33% by Jody Barhanovich In November, the Trepp CMBS Delinquency Rate resumed its year-long downward trajectory in November, after its one-time uptick in October, according to Trepp.
Transactions | Dec 4, 2018 Filipino investor purchases Polish business park for €59m by Andrea Zander Skanska has sold Buildings C and D of the Silesia Business Park, a four-building office complex in Katowice, Poland.
Investors | Dec 4, 2018 Malaysia’s EcoWorld creates €440m London BTR home deal by Andrea Zander Malaysian developer EcoWorld International has signed contracts worth £389 million ($495 million) with Invesco Real Estate.
Transactions | Dec 4, 2018 Arminius Group acquires Metro HQ in Düsseldorf by Andrea Zander Arminius Group has acquired the Metro headquarters in Düsseldorf for German institutional investors.
Transactions | Dec 4, 2018 PGIM Real Estate agrees to purchase office in France by Released PGIM Real Estate signed a forward purchase agreement for the development of SWELL, two office buildings in Bac d’Asnières, Clichy, France.
Fundraising | Dec 4, 2018 Redevco enters residential market with €500m fund by Jody Barhanovich Redevco has entered into the residential market with a new €500 million ($570 million) residential real estate fund.
