Investors | Mar 15, 2024 ESR Australia, Frasers Property Industrial jointly acquire land to create $591m industrial estate by Andrea Zander ESR Australia and Frasers Property Industrial have partnered in a 50-50 joint venture to acquire a 64.4-hectre (159.1-acre) parcel of land from Salta Properties in southeast Melbourne that will be developed into a premium industrial estate with a total end value of A$900 million ($594 million).
Investors | Mar 15, 2024 Alibaba plans to invest $1.1b in South Korea by Andrea Zander Alibaba Group, the company of Chinese ecommerce giant AliExpress, has plans to invest $1.1 billion in South Korea during the next three years to build a logistics center and expand businesses, according to Asia-based media outlets.
Investors | Mar 15, 2024 Goldman Sachs to resume bets on U.S. property by Andrea Zander Goldman Sachs Asset Management (GSAM) will resume “actively investing” in U.S. commercial property this year.
Investors | Mar 15, 2024 KKR eyes Japan real estate, reports Bloomberg by Andrea Zander KKR & Co. has plans to keep buying real estate assets in Japan, according to Bloomberg.
People | Mar 15, 2024 Her journey series: Soultana Reigle, head of U.S. equity, PGIM Real Estate by Andrea Zander Soultana Reigle, head of U.S. equity, PGIM Real Estate, shares her career experiences, provides expert perspectives on the industry and extends empowering guidance to fellow women professionals in the field.
Transactions | Mar 15, 2024 Oak Row Equities closes $181m construction loan for 2600 Biscayne Blvd. in Miami by Released Oak Row Equities announced it closed on a $181 million construction loan from Bank OZK for 2600 Biscayne Boulevard, a class AAA office and multifamily tower in Miami’s rapidly maturing Edgewater submarket.
Transactions | Mar 15, 2024 Pacific Equity Properties secures $135m for class AA mixed-use center in Malibu by Released Pacific Equity Properties announced that it secured $135 million in first-lien financing for Cross Creek Ranch.
Investors | Mar 15, 2024 California Employees makes more than $3b of real estate commitments by Lewis Dayton California Public Employees’ Retirement System (CalPERS) has increased funding to a number of its real estate opportunities.
Investors | Mar 14, 2024 Fund opportunities in consideration for Connecticut’s Retirement portfolio by Lewis Dayton Connecticut’s Investment Advisory Council (IAC) met with state treasurer Erick Russell on March 13, to review two upcoming investment opportunities for the Connecticut Retirement Plans and Trust Fund (CRPTF) portfolio.
Research | Mar 14, 2024 February’s inflation numbers reinforce Fed’s cautious stance by Lewis Dayton The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in February on a seasonally adjusted basis, a slight increase from January’s 0.3 percent rise.
People | Mar 14, 2024 Angela Johnson joins Noble Investment Group as managing principal by Released Noble Investment Group has appointed Angela Johnson as managing principal and head of global client solutions and strategic partnerships.
Transactions | Mar 14, 2024 KPR Center pays $180m for eight shopping centers, totaling 1.5msf of retail space by Released KPR Centers has expanded its footprint in the Midwest and bolstered its Florida-area holdings with the acquisition of an eight-property shopping center portfolio for $180 million.
Transactions | Mar 14, 2024 Avison Young closes milestone financial recapitalization transaction by Released Avison Young has closed a comprehensive financial recapitalization transaction with approval of 100 percent of its financial partners.
Transactions | Mar 14, 2024 Harrison Street recaps student housing property in Orlando via New Scion Group JV by Released Harrison Street has recapitalized The Aves at Twelve 100, a student housing community adjacent to the University of Central Florida in Orlando.
People | Mar 14, 2024 Ryan McDonough takes on role of sole CIO at Marcus Partners by Released Ryan McDonough has been named Marcus Partners’ CIO.
Transactions | Mar 14, 2024 Halstatt Real Estate Partners adds 300 additional build-for-rent units to Fort Myers, Fla., market by Released Halstatt Real Estate Partners, a real estate private equity firm, has opened two of its latest build-for-rent developments in Fort Myers, Fla.
Research | Mar 14, 2024 $525b in multifamily loans will mature through 2029, reports Yardi Matrix by Released The multifamily market has 58,533 properties with loans set to mature over the next five years, representing $525 billion of the total $1.1 trillion of loans currently backed by apartments.
People | Mar 14, 2024 Her journey series: Sara Queen, head of equity strategies, MetLife Investment Management by Andrea Zander Sara Queen shares her career experiences, provides expert perspectives on the industry and extends empowering guidance to fellow women professionals in the field.
Investors | Mar 13, 2024 BREEAM U.S. director of operations shares sustainability insights for real estate sector by Andrea Zander Breana Wheeler, BREEAM’s U.S. director of operations, discusses sustainable strategies within the Commercial Real Estate (CRE) market, tracing the transition from a focus on risk mitigation to a value-added approach. Recently, the firm announced BREEAM’s growth across the United States, which saw a nearly 100 percent year-over-year increase in the number of BREEAM certificates issued nationally in 2023.
Investors | Mar 13, 2024 NUMA Group enters U.K. market with London hotel acquisition by Released The NUMA Group has plans to expand into the U.K. market.
