Fundraising | May 14, 2024 Goldman Sachs Alternatives raises more than $7b for real estate credit strategies by Andrea Zander Goldman Sachs Alternatives has held a final close for its West Street Real Estate Credit Partners IV and related vehicles.
Investors | May 14, 2024 apt.Residential, PGGM collaborate on A$1.5b build-to-rent partnership by Andrea Zander Sydney-based real estate investment manager apt.Residential has formed a long-term partnership with PGGM Private Real Estate Fund, managed by the Dutch pension investor PGGM, for a programmatic rollout of build-to-rent residential projects in Australia, with an initial focus in Sydney.
Investors | May 14, 2024 Pennybacker announces strategic investment from Petershill at Goldman Sachs Asset Management by Released Pennybacker Capital Management has announced that Goldman Sachs Asset Management's Petershill program has made a strategic investment in the firm.
Transactions | May 14, 2024 Tishman Speyer to build data center campus in Frankfurt by Released Tishman Speyer has signed a definitive agreement with SAMSON AG.
People | May 14, 2024 JLL names Jolyon Thomson as executive director for logistics and industrial team in Singapore by Released JLL has appointed Jolyon Thomson as executive director for the Logistics & Industrial team in Singapore.
Research | May 14, 2024 Q&A: Roxana Isaiu of GRESB discusses newly launched REAL Solutions by Andrea Zander Roxana Isaiu, chief product officer at GRESB, discusses the recently launched REAL Solutions, which aims to overcome the challenges of data quality and availability by providing accurate and reliable benchmarks, ensuring transparency and accuracy in sustainability measurement. The first tool under REAL Solutions, REAL Benchmarks, allows real estate fund managers and listed companies to benchmark assets against peers, decarbonization pathways and other assets within the portfolio.
Research | May 13, 2024 Vietnam data center market poised for expansion by Andrea Zander Vietnam is set to experience substantial growth in the data center market, driven by an expanding digital economy and increasing data consumption across the region.
Transactions | May 13, 2024 Hines enters European self-storage sector with U.K. portfolio acquisition by Released Hines has made its debut in the European self-storage sector via the acquisition of a three-asset portfolio in the southeast of England.
Transactions | May 13, 2024 PGIM Real Estate acquires U.K. student housing portfolio from Unite Group plc by Released PGIM Real Estate has acquired a stabilized purpose-built student accommodation (PBSA) portfolio from Unite Group plc.
Fundraising | May 13, 2024 Patron Capital raises more than €860 million for Fund VII by Andrea Zander Patron Capital, the pan-European institutional investor focused on property-backed investments, has closed its seventh flagship fund, raising in excess of €860 million ($920 million), including more than €200 million ($216 million) of Patron discretionary co-investment capital for larger opportunities.
Transactions | May 13, 2024 KKR acquires Nashville logistics property by Released KKR has acquired a two-building class A logistics property in the Nashville Airport submarket.
People | May 13, 2024 Brennan Investment Group names new CIO by Released Brennan Investment Group has named Kevin Brennan as CIO.
Research | May 13, 2024 Student housing pre-leasing, rent growth slow in April, Yardi Matrix reports by Released Pre-leasing at Yardi 200 schools reached 73.5 percent in April.
Transactions | May 13, 2024 JLL arranges $735m refinancing for Walt Disney World Swan & Dolphin Resort by Released JLL has arranged a new $735 million, five-year, floating-rate SASB CMBS term loan to refinance the Walt Disney World Swan.
Transactions | May 13, 2024 Azora Exan continues U.S. growth with $39m acquisition of Boston office building by Released Azora has completed the $39 million purchase of a Boston office building at 801 Boylston Street.
People | May 13, 2024 Bain Capital hires head of special situations, North America by Lewis Dayton Bain Capital has hired Angelo Rufino as head of its special situations business in North America and as head of corporate special situations in Europe.
People | May 13, 2024 Texas Teachers hires new deputy director by Released The Teacher Retirement System of Texas (TRS) has announced the hire of Caasi Lamb as the pension trust fund’s newest deputy director, with a scheduled start date of July 8, 2024. Lamb replaces Andrew Roth, who this month left TRS after five years to lead the Colorado Public Employees Retirement Association as CEO. Â
Prime Group acquires first self-storage property in Vancouver by Released Prime Group Holdings has made its first investment in the British Columbia market.
Research | May 10, 2024 Principal survey reveals businesses set to grow, amid increased levels of optimism by Released According to the latest Principal Financial Well-Being IndexSM (WBI), business owners, decision makers, and business leaders report strong levels of growth.