Investors | May 24, 2018 M&G Real Estate appoints Equiem to launch digital tenant engagement platform by Released M&G Real Estate has appointed global proptech and services company Equiem to launch a digital property management system.
Investors | May 24, 2018 Bouwinvest, TH Real Estate and Kenedix partner in Tokyo multifamily investment by Andrea Zander TH Real Estate has formed a partnership with Dutch real estate investor Bouwinvest as a cornerstone investor, for a new Tokyo Multifamily investment vehicle, which has secured six assets in Central Tokyo for $180 million.
People | May 24, 2018 Saban Real Estate appoints managing director, asset management by Released Saban Real Estate has appointed Scott Anderson as managing director of asset management, effective immediately.
People | May 24, 2018 La Française adds to international real estate business development team by Andrea Zander La Française has appointed Anne Génot as head of real estate business development dedicated to the European market.
Fundraising | May 24, 2018 Rockpoint Group launches new growth and income real estate fund by Jody Barhanovich Rockpoint Group, a real estate private equity firm based in Boston, has launched its newest real estate fund.
Investors | May 24, 2018 Tritax plans European logistics REIT by Andrea Zander Tritax, the investment manager of Tritax Big Box REIT, is exploring the launch of a new U.K. investment trust focused on investing in the Continental European logistics market through an initial public offering on the London Stock Exchange.
Fundraising | May 24, 2018 La Française raises €150m for retirement homes fund by Andrea Zander A fund managed by La Française Real Estate Managers and launched in October 2016 has successfully held a €150 million ($175 million) final close.
Investors | May 23, 2018 Apple Leisure Group and NH Hotel Group announce strategic alliance to jointly operate beachfront resorts in Europe by Released Apple Leisure Group and NH Hotel Group have formed a strategic alliance to bring AMResorts’ brands to Europe.
Research | May 23, 2018 JLL expects retail investment sales activity to pick-up in second half of 2018 by Andrea Zander With Congress’ recent passing of the Tax Cuts and Jobs Act, U.S. gross domestic product (GDP) growth in 2018 is expected to exceed last year’s increase, which bodes well for the retail sector. Overall, commercial real estate transaction volumes have exceeded expectations, but investment into retail assets reached just $12.8 billion during January to April 2018, according to JLL.
Transactions | May 23, 2018 Centuria and Lederer buy 80 Grenfell Street in Adelaide by Andrea Zander Centuria Capital subsidiary, Centuria Property Funds Limited, and capital partner Lederer Group have exchanged unconditional contracts to acquire Adelaide’s premier office building, 80 Grenfell Street, for A$184.6 million ($139.1 million).
Transactions | May 23, 2018 Omni begins $550m Boston hotel project by Jody Barhanovich Omni Hotels & Resorts has broken ground on the $550 million Omni Boston Seaport Hotel project. It will be the city’s fourth-largest hotel.
Investors | May 23, 2018 L.A. Fire and Police allocates equity into three real estate funds by Jody Barhanovich The $22.4 billion Los Angeles Fire and Police Pensions has committed a total of $135 million to three real estate funds.
Transactions | May 23, 2018 San Diego City Council approves $300m mixed-use project by Andrea Zander The San Diego City Council has unanimously approved plans for the $300 million, mixed-use Merge 56 development.
Transactions | May 23, 2018 Knight Frank IM buys Dublin office for Korean investors by Andrea Zander South Korean investment manager LB Asset Management has acquired The Beckett office building in Dublin.
TH Real Estate JV buys Indiana student housing complex by Jody Barhanovich TH Real Estate, an affiliate of Nuveen, the investment management arm of TIAA, a real estate investment manager, has formed a joint venture with The Preiss Co.
People | May 23, 2018 Two senior hires for Cushman & Wakefield’s EMEA asset services by Released Cushman & Wakefield has made two senior appointments to its EMEA asset services team in Maarten de Haas and Tina Parfitt.
Research | May 23, 2018 Blockchain-enabled lease contracts to arrive by 2022 by Marek Handzel Real estate investors expect to see the first property lease contracts based on blockchain to emerge by 2022.
Transactions | May 22, 2018 New Los Angeles football stadium tops $4b in costs by Andrea Zander The price tag for the new Los Angeles Stadium at Hollywood Park — the future home of the NFL’s Los Angeles Rams and Los Angeles Chargers — which is currently under construction, has reached $4.25 billion.
Transactions | May 22, 2018 Facebook signs full lease of Park Tower in San Francisco by Andrea Zander MetLife Investment Management in partnership with The John Buck Co. and Golub & Co., announced that Facebook has signed a long-term lease for all of Park Tower at Transbay, one of San Francisco’s newest class A office buildings.
Investors | May 22, 2018 HIERS commits $20m to Japan-focused opportunity fund by Jody Barhanovich The $16.3 billion Employees’ Retirement System of the State of Hawaii has committed up to $20 million to a Japan-focused opportunity real estate fund.
