Investors | Jan 27, 2025 Boston Retirement commits $20m to two real estate funds by Elise Mackanych The Boston Retirement System has made two commitments of $10 million each to real estate fund.
People | Jan 27, 2025 Canadian Public Sector Pension appoints new CIO and CEO by Elise Mackanych Canada’s Public Sector Pension (PSP) Investment Board has announced a new CIO of PSP Investments and a new president and CEO of Canada Growth Fund Investment Management (CGFIM), according to a press release on Jan. 23.
Investors | Jan 27, 2025 Connecticut commits $150m to Mesirow fund by Elise Mackanych Connecticut’s Investment Advisory Council (IAC) has committed $150 million to real estate as part of its January investment commitments.
Transactions | Jan 24, 2025 Bell Partners acquires three apartment communities in Denver and Miami by Released Bell Partners has acquired Cherrywood Village, located in Parker, Colo.; Luna Bella, located in Lafayette, Colo., and Bridges at Kendall, located in Miami.
Fundraising | Jan 24, 2025 Harrison Street closes $600m for digital asset investments by Andrea Zander Harrison Street has closed approximately $600 million in capital commitments across its HS Digital Fund and associated vehicles.
People | Jan 24, 2025 Mike McRoberts rejoins PGIM Real Estate as head of agency lending by Released Mike McRoberts will return to PGIM Real Estate to lead the agency lending platform.
Transactions | Jan 24, 2025 Newmark arranges $2.3b construction financing for 206MW build-to-suit data center by Released Newmark Group has arranged a $2.3 billion loan to capitalize a 206 megawatt, build-to-suit data center development in Abilene, Texas, on behalf of Blue Owl Capital, Crusoe Energy Systems and Primary Digital Infrastructure.
Fundraising | Jan 24, 2025 UBS AM becomes new investor in Scape Australia’s student housing fund by Andrea Zander Scape, one of Australia’s biggest owner-operators of student housing, has converted its flagship purpose-built student accommodation vehicle into a A$6 billion ($3.8 billion) open-ended core fund with a 16,000-bed portfolio across 33 operational assets, reported Mingtiandi.
Investors | Jan 24, 2025 China’s Vanke in talks to sell logistics firm stake to GIC by Andrea Zander China’s Vanke is in talks to sell a controlling stake in VX Logistics to Singaporean sovereign wealth fund GIC, reported Reuters, citing a person with knowledge of the matter.
Investors | Jan 24, 2025 CPP Investments, MGRV establish rental housing JV in Korea by Andrea Zander Canada Pension Plan Investment Board (CPP Investments) and MGRV, a South Korean rental housing provider, have formed a C$500 million ($348 million) joint venture to develop rental housing projects in South Korea.
Investors | Jan 24, 2025 North Dakota Retirement commits $85m to PRISA III, a PGIM fund by Elise Mackanych The North Dakota Retirement and Investment Office has committed $85 million to PRISA III, a program of PGIM Real Estate.
Investors | Jan 24, 2025 U.K. pension fund commits $122.3m to LGIM’s affordable housing fund by Elise Mackanych The Greater Manchester Pension Fund (GMPF) has committed £100 million ($122.3 million) to L&G Affordable Housing Fund, a program of Legal & General Investment Management (LGIM).
People | Jan 23, 2025 Amherst appoints Chris Avallone as CFO by Andrea Zander The Amherst Group has announced that Chris Avallone has been appointed CFO. This appointment will be effective May 1, 2025, following current CFO Dallas Lucas’s planned retirement. Lucas will transition to an advisory role as vice chairman within Amherst.
People | Jan 23, 2025 Phoebe Joseph joins Prime Residential by Andrea Zander Phoebe Joseph has joined Prime Residential as director, head of investor relations.
People | Jan 23, 2025 SDS Capital Group promotes Laura Baron to COO by Released Impact fund manager SDS Capital Group has promoted Laura Baron to COO.
Research | Jan 23, 2025 Asia Pacific real estate poised for multi-speed growth in 2025: CBRE by Andrea Zander The Asia Pacific commercial real estate market is poised for steady growth in 2025, driven by a resilient regional economy and downward interest rate cycle, with varied performance across markets and sectors, according to CBRE’s 2025 Asia Pacific Real Estate Market Outlook.
Transactions | Jan 23, 2025 KKR merges real estate and infrastructure for asset expansion by Andrea Zander KKR has plans to merge its infrastructure and real estate sectors into a single unit, overseeing $157 billion in assets, according to media reports.
Research | Jan 23, 2025 Investors poised to deploy more capital in 2025 as U.S. commercial real estate market primed for growth by Andrea Zander Investors are gearing up to inject more capital into the U.S. commercial real estate market in 2025, driven by favorable pricing and despite the challenges posed by interest rate fluctuations, according to the findings of CBRE's 2025 U.S. Investor Intentions Survey.
People | Jan 23, 2025 CIO of Maryland SRPS announces retirement at end of June by Elise Mackanych Andrew Palmer, chief investment officer (CIO) of Maryland State Retirement Pension System (SRPS) announced his retirement on Jan. 22, 2025.
Investors | Jan 23, 2025 U.K. pension fund commits $37m to homeless housing fund by Elise Mackanych The Gloucestershire (England) Pension Fund (GPF) has invested £30 million ($36.9 million) in the National Homeless Property Fund 2 (NHPF2), a vehicle of Resonance.
