Investors | Nov 14, 2023 Q&A: The life sciences industry is keeping the office market afloat, says Cove CEO by Andrea Zander Adam Segal, CEO of the real estate tech enablement platform Cove, discusses how the life sciences sector is a subset of the office market.
Investors | Nov 14, 2023 Matter Real Estate welcomes UBS Asset Management as anchor investor in new U.K. SFR housing fund by Andrea Zander Matter Real Estate has announced that UBS Asset Management, Real Estate & Private Markets, Multi-Managers business (UBS REPM MM) has agreed to invest in a new fund, Matter UK Residential Income Fund (MUKRIF), seeded by assets from Matter portfolio company Placefirst, which will also continue as a property manager.
Transactions | Nov 14, 2023 PIC and London Square Group invest $61.1m in affordable housing project by Lewis Dayton The Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension schemes in the United Kingdom, has announced its first affordable housing investment of £50 million ($61.1 million) to develop 125 affordable and shared ownership homes, funded with a combination of internal debt and equity.
People | Nov 14, 2023 Folksam names Jonas Bjuggren as new director of real estate by Lewis Dayton Folksam, the Swedish insurance company that manages over SEK 550 billion ($50.6 billion), has announced Jonas Bjuggren as its director of real estate, effective Jan. 15, 2024.
People | Nov 14, 2023 Savills appoints David Lipson as CEO of North America by Andrea Zander Savills has appointed David Lipson as CEO of Savills North America.
Transactions | Nov 14, 2023 $300m in financing secured for over 40 manufactured housing communities by Released JLL Capital Markets has arranged more than $300 million in acquisition financing for a 10,000-plus pad portfolio of manufactured housing communities.
Transactions | Nov 14, 2023 Asia Pacific investment volumes fell 22% in the third quarter 2023 by Andrea Zander Commercial real estate investment activity in Asia Pacific moderated 22 percent year-on-year (y-o-y) in the third quarter 2023, recording the lowest quarterly figure since second quarter 2010, according to JLL.
Transactions | Nov 14, 2023 Oryx acquires €29m logistics development on behalf of Middle East investors by Released Oryx Real Estate Partners has acquired a five-acre logistics site in Milton Keynes, marking its debut U.K. logistics investment.
Transactions | Nov 14, 2023 Metro, TE Capital and LaSalle Investment jointly acquire Singapore office for $450m by Andrea Zander A joint venture .has acquired VisionCrest Commercial for approximately $331 million.
Real Estate | Nov 14, 2023 Vermont Pension Investment Commission commits $100m to real estate funds by Lewis Dayton The Vermont Pension Investment Commission (VPIC) has approved a $50 million commitment to Angelo Gordon Net Lease Realty (AGNLR) Fund V and a $50 million commitment to Blue Owl Real Estate Fund (BOREF) VI, according to the drafted minutes of the VPIC’s Oct. 31 meeting.
People | Nov 14, 2023 Hilco Real Estate names co-CEO of its real estate asset management division by Released Hilco Real Estate (HRE) has named Alan Shaw as executive vice president of the organization and co-CEO of its real estate asset management division.
Transactions | Nov 13, 2023 CapitaLand India Trust secures $157m loan to develop its Navi Mumbai data center by Released CapitaLand India Trust (CLINT) has secured a five-year construction loan.
Transactions | Nov 13, 2023 ESR and Chinachem close Hong Kong’s first-ever $1.13b Green Loan for logistics center development by Released ESR Group and Chinachem Group have closed Hong Kong’s first-ever green loan for the development of a logistics center.
Investors | Nov 13, 2023 The future of Asia Pacific’s office market by Lewis Dayton Asia Pacific’s office market is faring better than that of most other regions, particularly the United States, as more workers have returned to the office and downtown office space continues to garner attraction from national and multinational companies. That’s one of the main takeaways from a recent webinar, “Go Prime or Stay Home: Lasalle, Brookfield, Yardi, Benoy on Future of the Office,” hosted by Mingtiandi.
Investors | Nov 13, 2023 Florida commits $483.3m to real estate, posts 7.5 percent returns during fiscal year by Lewis Dayton The State Board of Administration (SBA) of Florida made $483.3 million of real estate commitments and investments in the third quarter, according to a new managers report for the third quarter 2023.
Research | Nov 13, 2023 Cushman & Wakefield releases U.S. senior living & care report by Released Cushman & Wakefield has released its U.S. Senior Living & Care Investor Survey and Trends Report, indicating continued strong performance of the seniors housing asset class with stabilized occupancy trending upward for the 10th consecutive quarter, reaching 85 percent for primary markets and 87 percent for secondary markets.
Transactions | Nov 13, 2023 Keppel Capital to acquire mixed-development asset in Singapore by Andrea Zander A joint venture between Lian Beng Group and Apricot Capital has plans to sell Wilkie Edge, located in Singapore’s Rochor district for $257 million.
Transactions | Nov 13, 2023 Nuveen Real Estate, Value One complete second student living asset in Poland by Released Nuveen Real Estate, with its joint venture partner Value One, has completed the development of Fabryczna 22, the second Polish student living asset to be delivered by the two firms’ Eagle joint venture.
Investors | Nov 13, 2023 Q&A: CRE debt expert shares the challenges in sector and the impacts on market dynamics by Andrea Zander Karissa Anderson, head of CML production at Aegon Asset Management, partook in a Q&A to discuss the commercial real estate (CRE) debt market, and to share insights on the current state of the sector and how investors and stakeholders are adapting to these changing market conditions.
Investors | Nov 13, 2023 Connecticut weighs $200m of real estate investments, approves $200m to Blue Owl by Lewis Dayton Connecticut Retirement Plans and Trust Funds (CRPTF) is weighing a $125 million commitment to Penzance DC Real Estate Fund III and a $75 million commitment to Homestead Capital USA Farmland Fund IV.
