Fundraising | May 19, 2025 Mesirow Financial Real Estate Value Fund V raises $1.245b by ANDREA Zander Mesirow Institutional Real Estate Direct has held a final closing for its Mesirow Financial Real Estate Value Fund V, securing $1.245 billion in investor commitments.
Transactions | May 19, 2025 PRP acquires fiber optic facility for $60m by Released PRP has acquired a Corning fiber optic manufacturing facility in Hickory, N.C., for $60.6 million.
Research | May 19, 2025 U.K. office yields fell sharply in the first quarter 2025 by Marek Handzel Newly released figures from CoStar show average U.K. office yields fell sharply in the first quarter of 2025, tempting more investors to allocate capital into the sector.
Investors | May 19, 2025 Bonside Scorecard launches strategic partnership with Kimco Realty, Nuveen Real Estate by Andrea Zander Bonside, a technology company that provides financial underwriting and funding to brick-and-mortar businesses, has formed a strategic partnership with Kimco Realty and Nuveen Real Estate.
Transactions | May 19, 2025 JLL arranges $650m refinancing for One Congress on behalf of Carr Properties, National Real Estate Advisors by Andrea Zander JLL’s Capital Markets group has arranged a $650 million refinancing for One Congress, a recently delivered trophy office building totaling 1.01 million square feet in Boston.
Investors | May 19, 2025 GREYKITE creates €800m European logistics platform by Released GREYKITE European Real Estate Fund and affiliates announce the creation of Silverdock, its European logistics platform, which, following last year’s 13-asset pan-European portfolio acquisition from Logicor and three new additional off-market transactions, currently totals €800 million ($900 million) of assets under management.
Transactions | May 19, 2025 L&G expands private markets platform with 75% stake in real estate investor Proprium by Released L&G has plans to acquire a 75 percent stake in the global real estate investor Proprium.
Investors | May 19, 2025 ABP, CBRE Investment Management announce €1b investment strategy in Dutch residential market with focus on affordability by Andrea Zander Dutch Pension Fund ABP has announced a significant new partnership with CBRE Investment Management (CBRE IM) to launch a new residential development-led mandate. The partnership has an initial commitment of €350 million ($394 million), including a co-investment from CBRE IM.
Research | May 19, 2025 European logistics poised to perform despite economic headwinds by Andrea Zander Although the current economic environment is proving challenging for most real estate asset classes, this supply/demand imbalance will likely put upward pressure on rental rates for well-located, modernized logistics assets as online consumption continues to penetrate the market, according to Cabot Properties.
Investors | May 16, 2025 StoreLocal and BlackRock’s real estate business to expand established self-storage platform in Australia with $1.3b ambition by Released BlackRock, through funds managed by its real estate business, has acquired a majority interest in the privately owned nationwide self-storage platform StoreLocal.
Research | May 16, 2025 More than 40% of top U.S. metros face affordable housing shortage by Andrea Zander The housing market remains far from a full recovery and a balanced situation, especially when considering who can afford to purchase these available homes.
Investors | May 16, 2025 GPT, QuadReal announce new Australian logistics partnership by Andrea Zander QuadReal Property Group and GPT Group have formed a new A$1 billion ($640 million) Australian logistics joint venture to be known as GPT QuadReal Logistics Trust 2 (GQLT2).
Investors | May 16, 2025 Greystar launches South Korea platform, names Junghwan Kang as country head by Released Greystar has launched its South Korea platform with the opening of an office at One Grove in Seoul’s Magok District.
Transactions | May 16, 2025 Brookfield buys European lifestyle hospitality platform for €776m by Andrea Zander Queensgate Investments has sold its European operations of Generator Group, a lifestyle hospitality platform, to private real estate funds managed by Brookfield Asset Management for €776 million ($868 million).
Transactions | May 16, 2025 Alterra IOS acquires two industrial outdoor storage locations in Texas by Released Alterra IOS has acquired two sites totaling 8.7 usable acres and 33,500 square feet of accompanying warehouse space in the Austin and San Antonio metropolitan areas.
Research | May 16, 2025 Retail sector sees first negative net absorption in 16 quarters by Andrea Zander For the first time in 16 quarters, more retail space is being vacated than is being occupied /leased, with net absorption sinking to -2.7 million square feet, according to JLL’s first quarter retail outlook.
Investors | May 16, 2025 Connecticut IAC announces up to $200m in real estate investments, with potential commitments on the horizon by Elise Mackanych Connecticut’s Investment Advisory Council (IAC) has announced $675 million in new investment commitments, including up to $200 million to private real estate, and more than $500 million in increases to current holdings.
Investors | May 16, 2025 LACERS commits $50m to tenth LBA Logistics Value Fund by Elise Mackanych Los Angeles City Employees Retirement System (LACERS) has committed $50 million to the LBA Logistics Value Fund X, according to meeting materials from May 13.
Investors | May 16, 2025 TRSL commits $129.1m to EQT Exeter Europe Logistics Value Fund V by Elise Mackanych The Teachers’ Retirement System of Louisiana (TRSL) has committed €115 million ($129.1 million) to EQT Exeter Europe Logistics Value Fund V, according to meeting materials.
Investors | May 15, 2025 LSERS commits to RRA Capital fund by Elise Mackanych The Louisiana Employees Retirement System (LSERS) has committed $10 million to RRA Real Estate Debt Fund III and €115 million ($129.1 million) to EQT Exeter Europe Logistics Value Fund V, according to meeting materials.
