Research | Oct 18, 2017 Job growth and household formation powering U.S. retail by Jody Barhanovich Driven by consistent job gains and the lowest unemployment rate since the early 2000s, retail sales remain on an upward trajectory, according to Marcus & Millichap.
Research | Oct 18, 2017 Research forecasts urban logistics property boom in Europe by Andrea Waitrovich New research shows huge growth in London and Europe urban logistics space is needed to satisfy an expected 69 percent increase in online deliveries.
Research | Oct 17, 2017 Asian investment into Europe to hit €41.2b by end of 2017 by Press Release Asian investment into Europe reached €23.2 billion ($27.2 billion) by the end of third quarter 2017, a 57 percent increase year-on-year, according to international real estate adviser Savills.
Transactions | Oct 17, 2017 Blackstone acquires Spanish hotel company by Jody Barhanovich Blackstone, through its Blackstone Real Estate Partners Europe V fund, has agreed to acquire Hotel Investment Partners.
Investors | Oct 17, 2017 Heitman raises $408m for value-added fund by Jody Barhanovich Heitman, a global real estate investment management firm, has raised $408 million for Heitman Value Partners IV.
Transactions | Oct 17, 2017 Harrison Street acquires student housing facility, plans renovation by Jody Barhanovich Harrison Street Real Estate Capital has acquired The Marq, a student housing facility at Marquette University in Milwaukee.
Investors | Oct 17, 2017 Notre Dame endowment returns 12.6% for fiscal year by Jody Barhanovich The University of Notre Dame endowment pool returned 12.6 percent for the fiscal year ending June 30, 2017.
Research | Oct 16, 2017 European warehouses transaction volume reaches €15.8b in H1 2017 by Andrea Waitrovich Approximately €15.8 billion ($18.66 billion) was invested in warehouses during the first half of 2017, 22 percent above the historical volume recorded during the first half of 2016, according to BNP Paribas Real Estate.
Investors | Oct 16, 2017 L&L Holding, J.P. Morgan form JV to invest $4b in NYC by Andrea Waitrovich J.P. Morgan Asset Management has formed a $500 million partnership with L&L Holding Co.
Investors | Oct 16, 2017 ERS of Texas commits $100m to debt fund by Jody Barhanovich Employees Retirement System of Texas has committed $100 million to a fund managed by Latitude Management Real Estate Investors.
Research | Oct 16, 2017 London to lead U.K.’s life sciences sector by Andrea Waitrovich London’s life sciences sector has reached a level of momentum that looks unstoppable, according to CBRE’s inaugural report, Life Sciences London.
Fundraising | Oct 16, 2017 Sterling Organization raises $198m for value-added fund by Jody Barhanovich Sterling Organization has raised $198 million for its value-added fund.
Transactions | Oct 16, 2017 Spain’s Liberbank agrees on €750m property sale to Bain by Andrea Waitrovich Liberbank has agreed to sell its real estate portfolio to a fund managed by Bain Capital for €750 million ($885 million).
Research | Oct 13, 2017 Global institutional investors’ average target allocation to real estate exceeds 10% by Andrea Waitrovich The real estate asset class continues to experience growth in institutional capital allocations. In fact, 2017 represents an important milestone in this regard according to Hodes Weill & Associates and Cornell University’s fifth annual Institutional Real Estate Allocations Monitor. This year’s survey revealed that for the first time, global institutional investors’ average target allocation to real estate surpassed the 10 percent threshold.
Fundraising | Oct 13, 2017 Oak Street holds $1.25b final close for Fund IV by Jody Barhanovich Oak Street Real Estate Capital has held a final close for Oak Street Real Estate Capital Fund IV.
Transactions | Oct 13, 2017 South African investor buys two malls in Poland by Andrea Waitrovich NEPI Rockcastle, a South Africa–listed property company, has agreed to buy two adjacent malls in Krakow, Poland.
Investors | Oct 13, 2017 PSERS commits $250m to private debt fund by Andrea Waitrovich Pennsylvania Public School Employees' Retirement System has committed $250 million to a private debt fund.
Transactions | Oct 13, 2017 Mantra Group approves Accor's $920m bid by Andrea Waitrovich Australia-based Mantra Group has agreed to a A$1.18 billion ($920 million) buyout bid from French hotel company Accor SA.
Transactions | Oct 13, 2017 Recent commercial real estate transactions by Andrea Waitrovich Transactions reported this week included the sale of two Midtown South office assets.
Fundraising | Oct 13, 2017 Carlyle raises additional $440m for eighth fund by Andrea Waitrovich The Carlyle Group has raised additional capital for its eighth fund.
