Research | Jul 13, 2017 Regional Japanese office outperforming Tokyo by Released High-grade offices in selected cities are outperforming the Tokyo office market, according to Savills. Cities such as Osaka, Nagoya and Fukuoka have performed well and their growth pace has exceeded that of Tokyo.
Research | Jul 13, 2017 U.S. office market fundamentals remain strong by Jody Barhanovich U.S. office market fundamentals remain at their strongest point in the cycle.
Transactions | Jul 13, 2017 Oxford Properties purchases its fourth Paris asset by Andrea Waitrovich Oxford Properties has acquired Window, a 476,00-square-foot office building located in the La Défense business district of Paris.
Research | Jul 13, 2017 German institutional hotel market hits the €50b mark by Jody Barhanovich The market value of investable hotels in Germany increased by 8.3 percent to €51 billion ($58 billion) between 2015 and 2016, according to Union Investment and bulwiengesa.
Transactions | Jul 13, 2017 Global Logistic Properties selects Chinese Group as preferred bidder by Andrea Waitrovich A Chinese consortium has been selected to buy Singapore’s Global Logistic Properties, according to media outlets.
Transactions | Jul 12, 2017 Hard Rock unveils $2.3b European resort plans by Released Hard Rock International has proposed a multi-phase $2.3 billion casino-resort project.
People | Jul 12, 2017 M&G Real Estate hires Asia senior management team by Released M&G Real Estate Asia has made three new appointments for its senior management team in Asia.
Investors | Jul 12, 2017 San Diego City plans $100m in commitments to debt funds by Jody Barhanovich The $6.7 billion San Diego City Employees’ Retirement System is planning on committing $50 million each to two debt funds.
People | Jul 12, 2017 Bill McLeod to join Eaton Partners by Released Eaton Partners has appointed Bill McLeod as a managing director. He will be based in the firm’s San Francisco office.
Research | Jul 12, 2017 Apartment construction at a 20-year high by Andrea Waitrovich More than 345,000 new apartments are scheduled for delivery this year in large-scale developments across the United States, the highest level in 20 years, according to Yardi Matrix, a subsidiary of Rent Café.
Fundraising | Jul 12, 2017 Madison Realty raises $187m for debt fund by Jody Barhanovich Madison Realty Capital has raised $186.7 million for its closed-end, value-added real estate fund.
Research | Jul 12, 2017 Washington named America’s top state for business by Andrea Waitrovich Washington has been ranked the number one state for business, according to CNBC’s 11th annual list of America’s Top States for Business.
People | Jul 12, 2017 AXA Investment Managers – Real Assets makes several new appointments by Andrew Campbell AXA Investment Managers – Real Assets has expanded its North American team.
Research | Jul 12, 2017 Institutional investors increase real estate investments by Andrea Waitrovich U.S.-based pension, foundation and endowment funds are investing more of their institutional capital into real estate, according to data collected by Real Estate Finance & Investment.
Transactions | Jul 11, 2017 UPDATED: GLP considers platform bids amid transparency complaints by Jennifer Molloy As part of a strategic business review of its options, Singapore-based Global Logistic Properties is currently considering shortlisted bids to acquire the company, but the proposal process has come with some controversy.
Transactions | Jul 11, 2017 GSA cancels $2b FBI HQ project by Andrea Waitrovich The General Services Administration has canceled its plans to build a new $2 billion Federal Bureau of Investigation headquarters.
Investors | Jul 11, 2017 Houston Municipal commits $20m to storage fund by Jody Barhanovich Houston Municipal Employees Pension System has committed $20 million to a fund managed by Prime Group Holdings.
Research | Jul 11, 2017 Central London property sales reach £9b by Andrea Waitrovich Investment into commercial property in Central London reached nearly £9 billion ($11.6 billion) during the first half of 2017, an 18 percent increase on the same period in 2016, according to data from Cushman & Wakefield.
Investors | Jul 11, 2017 Alexander & Baldwin approves REIT conversion by Released Alexander & Baldwin announced that its board of directors today unanimously approved the company’s conversion to a real estate investment trust.
Transactions | Jul 11, 2017 Starwood JV sells portfolio of Spanish hotels for €230m by Andrea Waitrovich Starwood Global Opportunity Fund X, a fund managed by Starwood Capital Group, has sold its interest in a collection of hotels across key leisure markets in Spain.