Transactions | Jul 8, 2024 Mapletree Investments to sell eight-story office building in Singapore to Keppel Education Asset Fund by Kali Persall Mapletree Investments has agreed to sell an eight-story suburban office building to the Keppel Education Asset Fund (KEAF), a pan-Asia value-added education real estate fund, for S$160 million ($118.6 million).
Transactions | Jul 8, 2024 Iconic hotel in Prague enters the market by Kali Persall Ownership of Hilton Prague, the largest branded hotel in the Czech Republic and one of Europe’s leading conference and events hotels, could soon change hands, as global real estate adviser CBRE was appointed to sell the iconic hotel on behalf of the Irish Bank Resolution Corp.
Other | Jul 8, 2024 Invesco Real Estate to deliver 261-bed PBSA asset in Manchester by Kali Persall Invesco Real Estate, the $90 billion global real estate investment business of Invesco, is set to develop a 261-bed purpose-built student accommodation (PBSA) asset in Manchester, England, in partnership with PBSA developer Alumno Group.
Other | Jul 8, 2024 PATRIZIA opens doors to new international hub in London’s Covent Garden by Kali Persall PATRIZIA has moved its 200-strong U.K.-based team, which manages a significant portion of the firm’s €57 billion ($62 billion) of global assets under management and leads many of its discretionary investment strategies, into a new global headquarters located in London’s Covent Garden.
Transactions | Jul 8, 2024 Nuveen Real Estate acquires newly constructed logistics asset in Denmark via off-market deal by Kali Persall Nuveen Real Estate has acquired a newly constructed logistics asset in Horsens, Denmark, via a €33 million ($36 million) off-market transaction for its European Core Plus Logistics strategy. This represents the company’s first logistics investment in Denmark.
Investors | Jul 8, 2024 San Antonio Fire & Police commits $25m to Covenant Apartment Fund XII by Lewis Dayton The San Antonio Fire & Police Pension Fund (SAFPPF) has committed $25 million to Covenant Apartment Fund XII.
Fundraising | Jul 3, 2024 Lone Star Funds announces final closing of Lone Star Fund XII by Andrea Zander Lone Star Funds has held a $5.3 billion final close for its 12th opportunity fund, Lone Star Fund XII, L.P. (LSF XII).
Research | Jul 3, 2024 Three unheralded real estate sectors to watch in 2024: Storage, medical office, and hospitality by Desi Co, Accord Group In the current landscape of commercial real estate, varying levels of performance among traditional sectors have led some investors to explore investment opportunities within more niche asset classes.
Transactions | Jul 3, 2024 Hamilton Point Investments spends $450m of multifamily acquisitions by Released Hamilton Point Investments (HPI) has acquired a four-property Houston apartment portfolio totaling 1,174 apartment units built in 2022.
Transactions | Jul 3, 2024 Mitsui & Co., Realty Management acquires residential building in Tokyo by Released Mitsui & Co., Realty Management Ltd. (MBRM) has acquired Alpha Prime Toyocho from AM Alpha Kapitalverwaltungsgesellschaft mbH (AM Alpha).
People | Jul 3, 2024 Nick Newby joins Skypoint Capital as senior vice president, alternatives by Lewis Dayton Nick Newby has joined Skypoint Capital as senior vice president, alternatives, he announced in a post on LinkedIn.
Other | Jul 3, 2024 Clara-Pensions appoints Matt Wilmington as chief transactions officer by Released Clara-Pensions, the U.K. member-first pensions consolidation company for defined benefit pension schemes, has appointed Matt Wilmington as chief transactions officer.
Transactions | Jul 2, 2024 Savills Investment Management sells prime logistics property in Sweden on behalf of German club deal special fund by Released Savills Investment Management (Savills IM) has sold a cross-dock asset in Gothenburg, Sweden, on behalf of its Nordic Logistics Club Deal fund.
Transactions | Jul 2, 2024 Brookfield, GARBE to recapitalize standing assets logistics portfolio in Germany and Austria by Released Brookfield, through its real estate solutions strategy, has acquired a majority interest in a portfolio of seven industrial logistics assets owned by GARBE Industrial Real Estate (GARBE).
Transactions | Jul 2, 2024 Merger of Storebox and LOVESPACE creates largest U.K. omnichannel self-storage platform by Released Storebox, one of the United Kingdom and Ireland's leading self-storage operators, and LOVESPACE, the United Kingdom and Ireland's largest storage with collection and delivery brand, have announced their merger.
Transactions | Jul 2, 2024 abrdn acquires Tandem Centre in Colliers Wood, London, on behalf of the Standard Life Pooled Pension Property Fund by Released abrdn has completed the acquisition of the Tandem Centre, a premier retail park in Colliers Wood, London.
Transactions | Jul 2, 2024 Singapore-based Elite Partners Capital acquires Logistics Center near Stuttgart, Germany by Released Elite Partners Capital has made a logistics acquisition in close proximity to Stuttgart, the automotive capital of Germany.
Transactions | Jul 2, 2024 Ingka Investments makes investment on Fifth Avenue by Released Ingka Investments, the investments arm of Ingka Group, which owns the majority of IKEA stores worldwide, has made a real estate investment on New York City's iconic Fifth Avenue, NYC.
People | Jul 2, 2024 Urban Land Institute appoints Angela Cain as global CEO by Released The Urban Land Institute (ULI) has appointed Angela Cain as its global CEO.
