Transactions | Oct 16, 2023 Pebblebrook Hotel to sell Hotel Zoe Fisherman’s Wharf by Released Pebblebrook Hotel Trust has executed a contract to sell the 221-room Hotel Zoe Fisherman’s Wharf in San Francisco.
Transactions | Oct 16, 2023 PATRIZIA enters the ultrafast EV charging sector with €140m acquisition by Released PATRIZIA has entered into a binding agreement for a transaction of more then €140 million ($147 million) in an EV charging rollout program in Germany through its flagship European Infrastructure Fund series.
Transactions | Oct 16, 2023 Drug retailer Rite Aid files for bankruptcy, to close stores by Andrea Zander Rite Aid has filed for bankruptcy protection on Sunday and said it would close underperforming stores and had received $3.45 billion in fresh financing.
Transactions | Oct 16, 2023 The Dot Group to acquire CRM Students from CORESTATE Capital Group by Released The Dot Group has reached a contractual agreement to acquire the CRM Students Ltd. group of companies from CORESTATE Capital Holdings S.A.
Research | Oct 16, 2023 Investment in Asia Pacific multifamily properties to double by 2030: JLL by Andrea Zander Annual investment volume in multifamily residential in Asia Pacific is expected to more than double in size by 2030, with investments to potentially cross $20 billion by the end of the decade.
Transactions | Oct 16, 2023 CapRock Partners secures $32.9m in financing for industrial asset in San Dimas, Calif. by Released CapRock Partners announced that it has secured $32.9 million in financing for 300 East Arrow Highway, a single-tenant industrial building totaling 165,070 square feet in San Dimas, Calif.
Transactions | Oct 16, 2023 Arrow Global purchases two hotels in Portgual by Andrea Zander A fund managed by Arrow Global has acquired the Hilton Vilamoura As Cascatas Golf Resort & Spa, and Vilamoura Garden, located in Algarve, Portugal.
Transactions | Oct 13, 2023 Oxford, LCP break ground on $1.2b UK logistics development by Andrea Zander Oxford Properties Group and Logistics Capital Partners (LCP) have begun construction work on one of the United Kingdom’s largest logistics development sites, West Midlands Interchange (WMI).
People | Oct 13, 2023 DWS appoints Koichiro Obu to head of real estate, Japan by Released DWS has appointed Koichiro Obu as head of real estate, Japan, in addition to his current role as head of real estate research, Asia Pacific.
People | Oct 13, 2023 Picton Property Income names new CFO and executive director by Released Picton Property Income has named Saira Johnston to the board of directors and as CFO, effective April 1, 2024.
People | Oct 13, 2023 Europa appoints Stefano Zucca Marmo as managing director, head of operations by Released Europa Capital Partners, a London-based investment firm, has appointed Stefano Zucca Marmo as managing director, head of operations.
Transactions | Oct 13, 2023 Trei obtains building permit for 182 student apartments in Wiesbaden, Germany by Released Die Trei Real Estate GmbH (Trei), an international developer and asset manager, has obtained the building permit for a student housing development on Dotzheimer Strasse in Wiesbaden, Germany.
People | Oct 13, 2023 CBRE Investment Management welcomes Evan Gallagher to Asia Pacific client solutions team by Released Evan Gallagher has joined CBRE Investment Management (CBRE IM) as a managing director in the Asia Pacific client solutions team.
Investors | Oct 13, 2023 Illinois Police Pension Fund generates 8.2 percent return for fiscal year by Lewis Dayton The Illinois Police Officers’ Pension Investment Fund (IPOPIF), with $9.39 billion of assets under management, generated an 8.2 percent return for the fiscal year that ended on June 30, slightly below its benchmark of 8.8 percent.
Investors | Oct 13, 2023 LACERS commits $50m to Oaktree Real Estate Opportunities Fund IX by Lewis Dayton The Los Angeles City Employees’ Retirement System (LACERS) has committed $50 million to Oaktree Real Estate Opportunities Fund (OREOF) IX.
Investors | Oct 13, 2023 7 percent net yield generated by University of Minnesota Foundation in fiscal year by Lewis Dayton The University of Minnesota Foundation (UMF), with $3.3 billion of assets under management, reported a 7 percent net return for the fiscal year that ended on June 30, slightly below its 7.4 percent policy benchmark.
Investors | Oct 13, 2023 University of Richmond endowment posts 6.9 percent return for fiscal year by Lewis Dayton The University of Richmond’s endowment, with $3.3 billion of assets under management, posted a net return of 6.9 percent for the fiscal year that ended on June 30, below its benchmark of 13.4 percent.
Research | Oct 13, 2023 NCREIF and CREFC release second quarter 2023 debt fund aggregate report by Released The National Council of Real Estate Investment Fiduciaries (NCREIF) and the CRE Finance Council (CREFC) released their second quarter NCREIF/CREFC Open-End Debt Fund Aggregate: Consultation Edition.
Research | Oct 12, 2023 Multistory warehouses to meet demand for urban logistics by Andrea Zander To meet new demands and evolving consumer behavior, a subset of buildings have emerged that are dubbed "urban logistics" inventory, according to JLL.
Investors | Oct 12, 2023 Australian Unity, MaxCap join to create A$1b student portfolio by Andrea Zander Australian Unity has teamed up with investment manager MaxCap Group and UniLodge with plans to develop a A$1 billion ($640 million) portfolio of accommodation facilities.
