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Transactions | May 4, 2023
CBRE Investment Management has exchanged contracts to acquire a residential portfolio of five multifamily assets in Germany, on behalf of several investor solutions sponsored by the firm. The vendor is Vonovia.
Transactions | May 4, 2023
Union Investment has acquired four planned residential towers in Amsterdam for its open-end real estate fund UniImmo: Europa, expanding its strategic position in the European residential property market.
Transactions | May 4, 2023
British Land has secured planning approval for an ultra-low carbon logistics hub at 5 Kingdom St., Paddington Central, London. The 121,000-square-foot facility will provide inbound access to HGVs with outbound deliveries via smaller electric vehicles and electric cargo bikes.
Investors | May 4, 2023
Capital markets have embraced green finance and responsible investment practices because they understand that environmental and social risks are tangible risks that can have real-world impact on the financial returns of their investments.
Investors | May 4, 2023
The $89 billion New Jersey Division of Investment has proposed an investment of up to $250 million in the noncore GCM Grosvenor Emerging Manager Separately Managed Account, according to a recent board meeting document.
Investors | May 3, 2023
Rasmala Investment Bank, an alternative investment manager in the Middle East, has launched a five-year multifamily strategy to create a portfolio of residential properties in the United Kingdom, exceeding $2 billion in investment value.