Investors | Jul 19, 2024 Macquarie Asset Management to create real estate investment manager Manova Partners by Released Macquarie Asset Management has plans to spin off the majority of its existing activities in core/core-plus real estate to enable the creation of Manova Partners.
People | Jul 19, 2024 CalSTRS appoints June Kim senior investment director by Lewis Dayton The California State Teachers’ Retirement System (CalSTRS) has promoted June Kim to a new position, senior investment director of total fund management.
Other | Jul 19, 2024 Blackstone’s Jon Gray forecasts a pickup in real estate markets by Lewis Dayton Blackstone’s president Jon Gray is forecasting a pickup in real estate markets, in response to the cost of capital beginning to decline, Dawn Lim.
Transactions | Jul 18, 2024 Barings provides $244m financing on 10-building industrial portfolio in Kansas City by Released Barings has provided a $244 million loan to refinance a portfolio of 10 warehouse and distribution facilities totaling 6.4 million square feet in Logistics Park Kansas City in Edgerton, Kan.
Research | Jul 18, 2024 Office attendance in Europe surges year-on-year, according to CBRE Research by Andrea Zander Efforts to bring employees back to the office over the past year have generated high degrees of success, according to CBRE’s 2024 European Office Occupier Survey.
Fundraising | Jul 18, 2024 Octopus Investments announces €178m Local Government Pensions Scheme investment into Affordable Housing Fund by Released Octopus Investments has raised a further £150 million (€178 million/$195 million) into its Affordable Housing Fund from a number of Local Government Pension Scheme (LGPS) investors.
Transactions | Jul 18, 2024 Invesco Real Estate completes first mezzanine loan in Central Europe for Invesco Real Estate Europe Fund III by Released Invesco Real Estate has completed its first mezzanine lending deal in Central Europe on behalf of Invesco Real Estate Europe Fund III, the third European value-added strategy in succession for the firm.
People | Jul 18, 2024 Kayne Anderson Real Estate appoints Lee Levy as senior managing director and head of real estate debt by Released Kayne Anderson Real Estate has announced that Lee Levy has joined the firm as a senior managing director and head of real estate debt.
Research | Jul 18, 2024 Asia Pacific prime office rents continue to decline in Q2 2024, but signs of stabilization emerge by Released Knight Frank's Asia Pacific Prime Office Rental Index for Second Quarter 2024 shows a 3.1 percent year-on-year decline in regional prime office rents, marking a marginal improvement from the 3.2 percent drop in the first quarter.
Transactions | Jul 18, 2024 Qantas Super and Australian Retirement Trust enter into merger agreement by Released The Qantas Super Trustee Board has entered into an agreement to merge Qantas Super with one of the country’s largest superannuation funds, Australian Retirement Trust (ART).
Fundraising | Jul 18, 2024 Davis Cos. closes fifth real estate fund after raising $977m of capital by Released The Davis Cos. has raised $877.1 million into its Davis Investment Ventures Fund V.
Other | Jul 18, 2024 Illinois Teachers issues an RFP for real estate and real asset investment consultant services by Lewis Dayton The Teachers’ Retirement System of the State of Illinois (TRS Illinois) is requesting proposals from qualified consulting firms to provide real estate and real asset investment consultant services to assist the system in making prudent investment decisions, the system announced in a post on its website.
Investors | Jul 18, 2024 Texas Employees commits $75m to Faropoint Industrial fund by Lewis Dayton The Employees Retirement System of Texas (ERS of Texas) committed $75 million to Faropoint Industrial Value Fund III in May/June of 2024, just ahead of the fund’s close.
Transactions | Jul 17, 2024 Barings acquires prime Paris retail space by Released Barings has acquired a prime grocery retail asset on the 7th Arrondissement in Paris.
Transactions | Jul 17, 2024 Hines acquires three core assets, sending gross asset value of flagship commingled U.S. core plus fund HUSPP to $2b by Released Hines U.S. Property Partners (HUSPP), Hine’s flagship commingled U.S. core plus fund, has acquired two class A multifamily investments.
Investors | Jul 17, 2024 Cheyne Capital enters into joint venture with Regal for PBSA Development in Wembley by Released Cheyne Capital has entered into a joint venture with Regal.
Investors | Jul 17, 2024 Schroders Capital’s real estate team establishes strategic partnership with CBRE to provide fund administration services by Released Schroders Capital has signed an outsourcing agreement with CBRE that will provide real estate fund administration services in the United Kingdom and Luxembourg.
Research | Jul 17, 2024 Investors optimistic on residential transitional loans, says Churchill by Andrea Zander Despite the current state of interest rates, investors are optimistic about the residential transitional loan (RTL) space because RTL products are short-term and carry low risk, making them attractive and accretive relative-value investments, according to  Churchill Real Estate in a recent report.
Research | Jul 17, 2024 Port-driven industrial growth: Insights from Lisa DeNight at Newmark by Andrea Zander Lisa DeNight, serves as national industrial research managing director at Newmark, discusses how the national industrial landscape could be influenced by a new wave of domestic supply chain challenges entering the latter half of the year.Â
Transactions | Jul 17, 2024 TA Realty, EdgeConneX to develop 324MW hyperscale campus in Atlanta by Released TA Realty and EdgeConneX have plans to develop a 324-megawatt hyperscale data center campus in Atlanta.
