Research | Jan 9, 2024 Redfin Report: Renters catch a break as costs drop for third straight month in December by Andrea Zander The median U.S. asking rent fell 0.8 percent year over year in December to $1,964, according to a new report from Redfin.
Research | Jan 9, 2024 China: The big questions for macro policy this year by Andrea Zander Oxford Economics has released its big questions report on China and macro policies.
Investors | Jan 9, 2024 KIC plans office branch in India by Andrea Zander Korea Investment Corporation (KIC) is poised to open an office this year in Mumbai, according to AsianInvestor.
Transactions | Jan 9, 2024 Ascott and CapitaLand Wellness Fund acquire lodging property in Singapore by Released The Ascott Limited a lodging business unit wholly owned by CapitaLand Investment and CapitaLand Wellness Fund (C-WELL), have jointly acquired a freehold lodging property in Singapore.
Transactions | Jan 9, 2024 Inland acquiring majority interest in Devon Self Storage Business by Andrea Zander The Inland Real Estate Group has plans to purchase a majority interest in the business of Devon Self Storage Holdings, one of the largest privately owned national self-storage operators.
Transactions | Jan 9, 2024 CapRock Partners acquires first industrial real estate asset in the Pacific Northwest by Released CapRock Partners has acquired The Reserve @ Woodinville.
Research | Jan 9, 2024 S&P Global Market Intelligence forecasts Global Real GDP Growth of 2.3% in 2024 by Released Weaker annual real GDP growth rates are forecast across the largest regions in 2024 compared to 2023, according to a S&P Global Market Intelligence report.
People | Jan 9, 2024 BGO names its Canadian CIO, Christina Iacoucci, the new head of Canada for the firm by Released BGO has named Christina Iacoucci as CIO for Canada. She will lead the company’s entire Canadian operations.
Fundraising | Jan 9, 2024 Noble Investment Group holds a final close at $1b for its hospitality fund by Lewis Dayton Noble Investment Group has held a final close at $1 billion for Noble Hospitality Fund V (Noble Fund V), surpassing its initial target and gathering capital from a global institutional base of investors.
Fundraising | Jan 8, 2024 TAS announces final closing of fourth value-add development fund by Andrea Zander TAS has held a final closing for its fourth value-add development real-estate fund.
Research | Jan 8, 2024 €2.32b of U.K. hotel transactions recorded in 2023 by Andrea Zander In 2023, £2 billion (€2.32 billion/$2.55 billion) of U.K. hotel transactions was recorded, according to Knight Frank. The fourth quarter 2024 was the strongest quarter of the year for investment into the sector, with £615 million (€714 million/$783 million) of deals, representing 31 percent of the total annual investment activity.
Transactions | Jan 8, 2024 Alpha Asia Separate account managed by Keppel acquires mixed-use development in Singapore by Released The Alpha Asia Separate Account fund, managed by Keppel, has acquired Wevolve Pte.
Research | Jan 8, 2024 DataStax releases top five generative AI predictions for 2024 by Released DataStax, the company that powers generative AI applications with real-time, scalable data has released its top predictions for 2024; generative AI will be at the top of every organization’s list of priorities.
Transactions | Jan 8, 2024 Travelodge buys 66 hotels from LXi for €244m by Andrea Zander Travelodge has exchanged contracts to acquire 66 Travelodge-branded hotels on a freehold and long leasehold basis from its largest landlord, LXi REIT plc, for £210 million (€244 million/$268 million).
People | Jan 8, 2024 Simon Cowley joins Chancerygate by Andrea Zander Chancerygate has appointed Simon Cowley from M7 Investment Group to lead its investment and asset management operations.
Transactions | Jan 8, 2024 Tishman Speyer buys Holiday Inn Express in Shanghai by Andrea Zander Tishman Speyer has agreed to acquire a majority stake in the 296-key Holiday Inn Express Shanghai Wujiaochang.
Transactions | Jan 8, 2024 IJM Land purchased historic site in Hertfordshire for mixed-use complex by Andrea Zander IJM Land, a U.K. subsidiary of Malaysia’s IJM Land, has purchased the historic site in Welwyn Garden City, a town in Hertfordshire, England, 20 miles north of London.
Transactions | Jan 8, 2024 Investor consortium led by Oaktree, Centerbridge Partners to buy airport hospitality group by Kali Persall An investor consortium led by Oaktree Capital Management and Centerbridge Partners has plans to acquire OTG, a hospitality group that develops and operates restaurants, retail markets and food halls in airports throughout North America, for an undisclosed amount.
Investors | Jan 8, 2024 Michigan Retirement System commits $100m to Lone Star mortgage fund by Lewis Dayton The State of Michigan Retirement System’s investment board committed $100 million to Lone Star Residential Mortgage Fund (LSRMF) III in the third quarter of 2023, recent quarterly documents show.
Research | Jan 5, 2024 216,000 jobs added to the U.S. economy in December by Lewis Dayton The total nonfarm payroll employment in the United States increased by 216,000 in December, surpassing estimates, though the unemployment rate remained steady at 3.7 percent.
