People | Aug 14, 2024 Heitman appoints John Mancuso to head of global sales by Released Heitman has appointed John Mancuso as managing director and head of global sales in the firm’s client service and marketing group.
Transactions | Aug 14, 2024 Princeton Digital Group acquires Yahoo’s SG3 data center in Singapore by Released Princeton Digital Group (PDG) has acquired Yahoo’s Singapore data center, SG3.
Transactions | Aug 14, 2024 Lincoln Property Co. makes strategic investment in Centennial by Released Lincoln Property Co. has made a strategic investment in the operating business of Dallas-based Centennial.
People | Aug 14, 2024 Adam Hines promoted to senior managing director, joins the firm's office of the CEO by Released Hines has announced that Adam Hines, a grandson of the founder, has been promoted to senior managing director and will serve as chief of staff within the firm’s office of the CEO.
Transactions | Aug 14, 2024 University Pension Plan Ontario, Quinbrook invest in data center developer by Released University Pension Plan Ontario (UPP) has completed a co-investment in Quinbrook Infrastructure Partners’ portfolio company, Rowan Digital Infrastructure.
Investors | Aug 13, 2024 Peakhill Capital, Declaration Partners form JV to expand U.S. preferred equity investments by Released Peakhill Capital has formed a strategic joint venture with Declaration Partners.
Transactions | Aug 13, 2024 ESR Europe closes €18m loan to finance acquisition of Lisbon property by Released ESR Europe has closed a loan to finance BF Group's acquisition of a 19th-century residential palace on Lisbon’s prestigious Avenida Liberdade.
Transactions | Aug 13, 2024 Panattoni continues mid-box logistics drive with speculative development in Crawley, England by Released Panattoni has begun speculatively developing a 200,000-square-foot logistics park in Crawley as part of its mid-box logistics development dive in the South East.
People | Aug 13, 2024 Quadrant reinforces team with two new development directors by Released Quadrant, the independent U.K. real estate asset management and development company, has appointed Patrick Waters and Jeremy Lacey as development directors.
Transactions | Aug 13, 2024 JLL advises IGIS on Korea hyperscale data center transaction by Andrea Zander A fund of IGIS Asset Management through its subsidiary IGIS Asia Investment Management has sold the Hanam Data Center, a hyperscale asset located in Pungsan-dong, Hanam-si, Gyeonggi-do. JLL served as the exclusive adviser for the sale of this asset.
Fundraising | Aug 13, 2024 CapitaLand Investment announces first close of onshore fund to invest in business parks in China by Released CapitaLand Investment (CLI) has held a first close of its sixth onshore renminbi (RMB) fund, China Business Park RMB Fund III (CBPF III).
Transactions | Aug 12, 2024 Chancerygate, Hines buy site for urban logistics space in Worcestershire by Andrea Zander A joint venture between Chancerygate and Hines has purchased a site in Redditch, Worcestershire, U.K.
Transactions | Aug 12, 2024 Mitiska REIM, Park Lane Developments form retail park JV in Bulgaria by Released Mitiska REIM, on behalf of the MEREP 3 fund, has formed a joint venture partnership with Park Lane Developments to develop retail parks in Bulgaria. Â
Transactions | Aug 12, 2024 Ho Bee Land Sells 49% Stake in life science asset for $408m to sovereign wealth fund by Andrea Zander Ho Bee Land has agreed to sell a 49 percent stake in HB Universal Pte Ltd.
Research | Aug 12, 2024 Global edge data center market to cross $300b by 2026: JLL by Released Analysis by JLL predicts edge IT infrastructure and data centers will become a $317 billion market globally by 2026, representing a 107 percent growth from the 2020 market valued at $153 billion.
Investors | Aug 12, 2024 Wales Pension Partnership awards real estate investment contracts by Kali Persall The Wales Pension Partnership (WPP), a collaboration of the eight LGPS funds in Wales, has appointed Schroders Capital and CBRE to help facilitate implementation of its real estate investment proposition, following a rigorous public procurement exercise supported by bfinance and Hymans Robertson. Â
Fundraising | Aug 9, 2024 Assembly fund aims to raise additional $66m for second property fund by Andrea Zander Assembly Funds Management has plans to raise A$100 million ($66 million) for its Australian Diversified Property Fund 2 (ADPF2), reported media outlets.
Investors | Aug 9, 2024 Australia’s Scape raises $2b in debt by Andrea Zander Australian owner and operator of student housing Scape has closed on A$3 billion ($2 billion) in new debt financing, reported Mingtiandi.
Fundraising | Aug 9, 2024 Intercontinental Real Estate Corp. launches $500m U.S. value fund by Andrea Zander Intercontinental Real Estate Corp. has launched its Intercontinental U.S. Value Fund, L.P. (USVF) with a $500 million target.
Transactions | Aug 9, 2024 Assura buys €583m Northwest Healthcare Properties by Released Assura has agreed with Northwest Healthcare Properties to acquire its fully operational U.K. Private Hospital Portfolio.