Transactions | Jun 18, 2024 PGIM Real Estate acquires Signature Senior Lifestyle in partnership with Elevation by Released PGIM Real Estate has acquired the real estate and operations of Signature Senior Lifestyle.
People | Jun 18, 2024 Sharon Liss joins GTIS Partners as a managing director by Lewis Dayton Sharon Liss has joined GTIS Partners, the New York-based global real estate investment firm, as a managing director, she announced in a post on LinkedIn.
People | Jun 18, 2024 Aware Super UK hires head of European property team by Lewis Dayton Aware Super UK has hired Mathieu Elshout to lead its European property strategy and team.
Research | Jun 18, 2024 KKR releases 2024 midyear global macro outlook by Released KKR has released its 2024 midyear global macro outlook by Henry McVey, CIO of KKR’s balance sheet and head of global macro and asset allocation (GMAA).
People | Jun 18, 2024 Rexford Industrial announces leadership transition plans by Released Rexford Industrial Realty has initiated a process to recruit a new CFO.
Investors | Jun 18, 2024 Arkansas Teachers commits $50 million to Kayne Anderson real estate fund by Lewis Dayton The Arkansas Teachers’ Retirement System (ARTRS) has committed $50 million to Kayne Anderson Real Estate Partners VII, confirmed Rod Graves, deputy director at ARTRS.
Transactions | Jun 17, 2024 Invesco Real Estate, Barwood to create new logistics estate in England by Released Invesco Real Estate has partnered with Barwood Capital, United Kingdom-based real estate investment and development specialist, to refurbish and develop 500,000 square feet of logistics facilities in Birmingham, England.
Research | Jun 17, 2024 Cushman & Wakefield releases midyear macro outlook for commercial real estate by Andrea Zander Persistent inflation continues to influence the Federal Reserve’s decision making in 2024, amid ongoing moderation in overall economic and labor conditions. These factors create a complex and mixed outlook for commercial real estate assets, according to Cushman & Wakefield’s midyear macro outlook report.
Research | Jun 17, 2024 PSP Investments delivers solid financial returns by Released The Public Sector Pension Investment Board (PSP Investments) ended its fiscal year on March 31, 2024, with a 7.2 percent one-year net portfolio return.
People | Jun 17, 2024 CFO of British Land to step down by Released Bhavesh Mistry, the CFO of British Land, has plans to step down.
Investors | Jun 17, 2024 ABP, Greystar invest €420m in new rental homes by Andrea Zander Stichting Pensioenfonds ABP, through its asset manager APG Asset Management N.V., has partnered with Greystar to launch a new development-led strategy known as the Dutch Essential Housing Venture, with a first tranche commitment of €420 million ($450 million).
Transactions | Jun 17, 2024 KKR-Mirastar enter prime logistics market in Germany by Released KKR and Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, have acquired a high-quality logistics property in Hanover, Lower Saxony.
Transactions | Jun 17, 2024 SITE Centers announces sale of six-property portfolio for $495m by Andrea Zander SITE Centers Corp. has closed on the sale of a six-property portfolio to an affiliate of Pine Tree for a price of $495 million.
Transactions | Jun 14, 2024 Ares said in merger talks with GLP Capital by Andrea Zander Ares Management Corp. is exploring a potential merger deal with real estate investment firm GLP Capital Partners, according to Bloomberg, citing people with knowledge of the matter.
Transactions | Jun 14, 2024 Rockpoint sells multifamily complex in Sun Belt market by Released P.B. Bell, a Scottsdale-based developer specializing in multifamily housing communities in Arizona, and Rockpoint have sold The Landing at Fiesta Village, an upscale, garden-style, multifamily community in Mesa, Ariz.
Transactions | Jun 14, 2024 Prima Asset Management acquires prime hotel in London by Released Singapore based private equity real estate firm, Prima Asset Management announced the strategic acquisition of a rare freehold hotel in one of London’s most attractive submarkets.
Research | Jun 14, 2024 Minimal rent growth expected for U.S. multifamily market in 2024, according to Yardi by Released U.S. multifamily rent growth and occupancy have deteriorated since the 2022 peak, and the 2024 Multifamily Outlook from Yardi® Matrix anticipates further deceleration in the second half of this year.
Investors | Jun 14, 2024 Blackstone Mortgage Trust, M&T Realty Capital announce agency multifamily lending partnership by Released Blackstone Mortgage Trust and M&T Realty Capital Corp. have entered into a partnership that will establish a dedicated team to enable BXMT borrowers to access multifamily agency financing for conventional and affordable multifamily loans through M&T Realty Capital’s Fannie Mae DUS and Freddie Mac Optigo lending platforms.
Investors | Jun 14, 2024 GIC forms Australian self-storage JV with National Storage REIT by Andrea Zander Singaporean sovereign fund GIC has plans to form a joint venture with National Storage REIT, an Australia-listed REIT, to pursue the development and operation of self-storage centers in Australia, according to a stock filing.
Investors | Jun 14, 2024 Great Portland Estates raises $447m for new opportunities in central London by Andrea Zander Great Portland Estates plc has completed a Rights Issue, raising gross proceeds of £350 million ($447 million).
