Investors | Jul 11, 2024 Connecticut Retirement Plans commits $384m to real estate funds by Lewis Dayton The Connecticut Investment Advisory Council has approved commitments of $200 million to Artemis Real Estate Partners Income & Growth Fund II and $184 million to Sterling Value Add Partners IV, on behalf of the Connecticut Retirement Plans and Trust Funds (CRPTF).
People | Jul 11, 2024 Sebastian Iwanski promoted to head of asset management Germany at AEW by Kali Persall AEW has promoted Sebastian Iwanski to head of asset management Germany.
Fundraising | Jul 10, 2024 H.I.G. Capital locks in $1.3b for Europe Realty Fund III, surpasses target by Kali Persall H.I.G. Capital, a global alternative investment firm with $64 billion of capital under management, has announced the final close of H.I.G. Europe Realty Partners III.
Transactions | Jul 10, 2024 Roundhouse acquires 17-story apartment tower in Seattle for $76m by Denise Moose Roundhouse recently acquired a 17-story apartment tower in downtown Seattle for $76.3 million, nearly $20 million less than what it sold for five years ago.
People | Jul 10, 2024 Anny Zhang to become CEO, China at JLL in September by Released JLL has named Anny Zhang as CEO, China, effective Sept. 1.
Transactions | Jul 10, 2024 Vertical Cold Storage to acquire 10th facility by Released Vertical Cold Storage, a developer and operator of temperature-controlled distribution centers sponsored by real estate investment firm Platform Ventures, has entered into a purchase agreement to acquire the frozen distribution center from Dothan Warehouse in Dothan, Ala.
Fundraising | Jul 10, 2024 Gardant Investor SGR secures €100m for new credit fund in Italy by Kali Persall Gardant Investor SGR, an asset management company belonging to the Gardant Group that specializes in credit management in Italy, has launched a new credit fund to provide secured real estate financing in Italy.
Refinancing | Jul 10, 2024 Manchester Financial Group secures $430m in refinancing for Fairmont Austin luxury hotel by Denise Moose Manchester Financial Group secured $430 million in refinancing for the Fairmont Austin, a 37-story luxury hotel in downtown Austin.
Transactions | Jul 10, 2024 Realterm completes development of state-of-the art IOS facility in the Netherlands by Kali Persall Realterm, a global specialist in transportation-advantaged logistics real estate, has added a new truck parking facility in Venlo, Netherlands, to its extensive pan-European portfolio of industrial outdoor storage (IOS) properties.
Investors | Jul 10, 2024 San Francisco Employees returns 7.9 percent for the fiscal year by Lewis Dayton The San Francisco Employees’ Retirement System (SFERS) generated a 7.89 percent return for the fiscal year that ended on June 30, 2024, registering at $35.3 billion of value.
Investors | Jul 10, 2024 GPIF posts $282b return for fiscal year by Lewis Dayton Japan’s Government Pension Fund has assets worth ¥245.98 trillion ($1.53 trillion) at the end of March. For the total fiscal year, the GPIF posted a record ¥45.4 trillion ($282.3 billion) return.
Transactions | Jul 9, 2024 Savills IM adds six-story Amsterdam multifamily asset to flagship European Living Fund by Kali Persall Savills Investment Management (Savills IM) has acquired a new-build multifamily development, located in Amsterdam’s Ijburg submarket, in an off-market transaction.
Fundraising | Jul 9, 2024 Frasers Property secures $670m sustainability-linked loan by Kali Persall Frasers Property’s wholly-owned subsidiary, Frasers Property Treasury Pte. Ltd., has obtained a five-year sustainability-linked loan of S$904 million ($670 million).
Fundraising | Jul 9, 2024 KKR-backed CyrusOne secures $9.7b in new debt capital to fund U.S. data center projects by Kali Persall KKR-backed CyrusOne has closed a $7.9 billion warehouse credit facility to fund data center growth.
Other | Jul 9, 2024 CBRE expands real estate accounting partnership with AEW’s private equity group by Released CBRE has announced an expanded outsourcing agreement with AEW Capital Management to provide real estate accounting- and reporting-related services to AEW’s North American private equity group.
Investors | Jul 9, 2024 Archwest Capital secures strategic growth investment from Bain Capital by Released Archwest Capital, a lender specializing in non-owner-occupied residential real estate loan solutions, has secured a significant growth investment from Bain Capital.
Investors | Jul 9, 2024 Panattoni begins developing its first project in India by Released Panattoni, the largest logistics real estate developer in Europe, has begun developing the first phase of Panattoni Park NH71 in Delhi NCR, its first project in India.
Transactions | Jul 9, 2024 Dwight Capital, Dwight Mortgage Trust close $390m in seniors housing during second quarter 2024 by Released Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (DMT), financed $390.4 million in seniors housing during second quarter 2024.
Investors | Jul 9, 2024 Texas Teachers commits $75 million to Greenpoint real estate fund by Lewis Dayton The Teacher Retirement System of Texas (TRS of Texas) has made a commitment of $75 million to Greenpoint REPE Fund I. This is an existing relationship for TRS of Texas.
Transactions | Jul 8, 2024 Fiera’s European real estate debt platform provides £77m in financing to YourTRIBE Student Housing by Released Fiera Real Estate Debt Strategies has completed a £77 million ($99 million) senior investment loan to YourTRIBE to refinance two newly developed student accommodation assets.
