People | Oct 3, 2024 Realterm adds Christian Siegmund to European investment team by Released Realterm announced that Christian Siegmund has joined the firm as its head of investments, DACH region, based out of Frankfurt, Germany.
Fundraising | Oct 3, 2024 BNP Paribas announces first closing of private debt fund by Released BNP Paribas Asset Management announced the first closing of its BNP Paribas European Special Opportunities Debt Fund II (BNPP ESO II) with a capital rase of €90 million ($99 million).
Fundraising | Oct 3, 2024 Newport Logistics Fund targets €300m for third pan-European logistics fund by Released Newport Logistics Fund announced the launch of Newport Logistics Fund III, a pan-European fund that will finance the development, leasing and sale of modern, sustainable logistics properties.
Transactions | Oct 3, 2024 M&G provides £200m debt financing to resilient U.K. logistics and retail warehousing sectors by Released M&G’s Real Estate Finance team announced £200 million ($262 million) of prime refinancing deals in the retail warehousing and logistics sectors.
People | Oct 3, 2024 Artemis welcomes Pamela Yu as senior vice president by Denise Moose Artemis Real Estate Partners announced they have welcomed Pamela Yu as senior vice president on the capital raise and investor relations team based in their New York City office.
Fundraising | Oct 3, 2024 HIH Invest launches new institutional fund for residential real estate, acquires 14 properties by Released HIH Invest Real Estate GmbH has launched an investment fund in collaboration with the Vonovia housing company.
Transactions | Oct 3, 2024 Civitas acquires €300m of later-living assets in Germany by Released Civitas Investment Management Limited has progressed its continental European expansion strategy with the €300 million ($331 million) acquisition of 26 elderly care and assisted living homes predominantly located in Berlin and Hamburg, Germany, from Deutsche Wohnen, a subsidiary of Vonovia SE.
People | Oct 2, 2024 Dan Dubrowski leaves Lionstone Investments by Loretta Clodfelter Dan Dubrowski, chairman and co-founder of Lionstone Investments, is leaving the firm, effective Oct. 1, 2024.
Transactions | Oct 2, 2024 Mapletree Industrial Trust secures data center facility in constrained West Tokyo submarket by Kali Persall Mapletree Industrial Trust (MIT) has acquired a 98.47 percent interest in a mixed-use facility in Tokyo, Japan, for a purchase consideration of ¥14.5 billion (approximately $100.8 million).
People | Oct 2, 2024 Madison International Realty appoints Michael Siefert and Evan Abrams as co-heads of global equity capital markets team by Released Madison International Realty has appointed Michael Siefert and Evan Abrams as co-heads of global equity capital markets.
Transactions | Oct 2, 2024 AEW acquires last-mile logistics development in the Rhine-Ruhr Valley from ecoPARKS for ULLIS by Released AEW announced that it has agreed to the off-market acquisition of an approximately 27,000 square meter land plot to develop an approximately 16,200 square meter grade A last-mile logistics facility, located close to Gelsenkirchen city center in the Rhine-Ruhr region of Germany.
Transactions | Oct 2, 2024 Nrep acquires one of Stockholm's largest hotels by Released Nrep, Urban Partners’ real estate investor, has announced that its Nrep NSF V Fund has completed the acquisition of one of Stockholm’s largest hotels, Clarion Hotel Stockholm, from Aspelin-Ramm Fastigheter AB.
People | Oct 2, 2024 Nuveen Real Estate makes senior hires to lead its strategic transactions team in Europe by Released Nuveen Real Estate has appointed Batih Van Leer and Stefano Rubini as managing directors and co-heads of its strategic transactions team in Europe.
Investors | Oct 2, 2024 Equinix, GIC and CPP Investments form $15b JV to expand U.S. hyperscale data centers, support AI innovation by Kali Persall Equinix has signed a joint venture agreement with GIC and Canada Pension Plan Investment Board, with the intent to raise more than $15 billion.
Research | Oct 2, 2024 REITs rise nearly 3% in September by Loretta Clodfelter U.S. REITs rose 2.7 percent in September, according to the FTSE Nareit Equity REITs Index, and increased 16.1 percent in the third quarter.
People | Oct 2, 2024 Core Spaces taps Matthew Claeys as managing director, head of institutional capital raising by Released Core Spaces, a vertically integrated real estate investment manager, has hired Matthew Claeys as managing director, head of institutional capital raising.
Investors | Oct 1, 2024 M7, Centerbridge launch €250m European industrial outdoor storage JV by Released M7 Real Estate (M7), the pan-European investor and asset manager, and Centerbridge Partners (Centerbridge), the global alternative investment manager, have launched a €250 million joint venture (the JV) targeting the Industrial Outdoor Storage (IOS) sector in Continental Europe.
Transactions | Oct 1, 2024 Ontario Teachers’ Pension Plan, Hines acquire BTR portfolio in Australia by Released Ontario Teachers’ Pension Plan (Ontario Teachers’) and Hines, a global real estate investment manager, have completed the acquisition of two build-to-rent (BTR) assets in Brisbane totaling 354 units.
Research | Oct 1, 2024 Mixed sentiment on AI use in U.S. retail by Jennifer Molloy U.S. retailers are more optimistic than consumers about the integration of artificial intelligence (AI) in retail, according to Colliers’ recent report, AI in Retail: Essential Insights for Retailers, Landlords, and Consumers.
People | Oct 1, 2024 Dean Dulchinos joins ORIX USA as managing director, head of real estate credit by Kali Persall ORIX Corp. USA has appointed Dean Dulchinos as managing director and head of real estate credit.
