Transactions | Dec 6, 2023 Hines and Key Group announce 3msf industrial aerospace and defense hub on Florida’s space coast by Released Hines, in partnership with Titusville-based Key Group, announced Space Coast Innovation Park, a 3 million-square-foot project that will feature three phases of class A industrial product situated across 450 acres in the heart of Florida’s Space Coast in Brevard County.
Investors | Dec 6, 2023 London CIV commits $63.1m to Octopus Affordable Housing Fund by Lewis Dayton London CIV has made a £50 million ($63.1 million) commitment to Octopus Affordable Housing Fund.
Transactions | Dec 5, 2023 Macerich completes $710m refinancing of Tysons Corner Center by Released Macerich announced that Macerich’s joint venture that owns Tysons Corner Center has just closed a $710 million refinance on this high-quality property in northern Virginia.
Fundraising | Dec 5, 2023 Ares Management raises approximately $3.3b of real estate secondaries capital by Andrea Zander Ares Management Corp. has raised approximately $3.3 billion of real estate secondaries capital.
Transactions | Dec 5, 2023 GIC acquires two additional logistics facilities developed by Daiwa House Industry in Greater Osaka and Fukuoka by Andrea Zander GIC has acquired two logistics facilities developed by Daiwa House Industry.
Transactions | Dec 5, 2023 ESR Group plans for Shanghai Stock Exchange listing of logistics assets by Andrea Zander ESR Group has plans to three high-standard logistics projects in Kunshan, Jiangsu Province, China, through a REIT on the Shanghai Stock Exchange.
People | Dec 5, 2023 Ontario Teachers’ appoints Pierre Cherki as executive managing director, real estate by Andrea Zander Ontario Teachers’ Pension Plan has appointed Pierre Cherki as executive managing director, real estate.
Investors | Dec 5, 2023 Ares Management plans to open an office in Japan by Andrea Zander U.S.-based alternative investment firm Ares Management plans to open an office in Japan.
People | Dec 5, 2023 Jeremy Edmiston to lead Cushman & Wakefield’s U.S. BTR/SFR sector by Released Jeremy Edmiston has been promoted to executive director, U.S. lead build-to-rent/single-family rent (BTR/SFR) at Cushman & Wakefield.
People | Dec 5, 2023 DWS appoints new regional CIOs by Released DWS has appointed Vera Fehling as CIO for Western Europe and Ivy Ng as CIO for APAC.
Investors | Dec 5, 2023 OCERS commits $275m to real estate and infrastructure funds by Lewis Dayton The Orange County (Calif.) Employees’ Retirement System (OCERS) has made a series of commitments to real estate and infrastructure funds.
Research | Dec 5, 2023 OMFIF releases Global Public Pensions 2023 report by Lewis Dayton In its Global Public Pensions (GPP) 2023 report, the Official Monetary and Financial Institutions Forum surveyed the 50 largest public pension funds and 50 largest sovereign funds, which altogether have $25.9 trillion of assets under management.
Transactions | Dec 4, 2023 SL Green announces sale of 625 Madison Avenue by Andrea Zander SL Green Realty Corp. with its partners has entered into a contract to sell the fee ownership interest in 625 Madison Avenue.
Transactions | Dec 4, 2023 Northern Horizon acquires €75m healthcare portfolio from eQ by Released Northern Horizon has acquired a portfolio of 15 healthcare properties for its fourth healthcare fund, Aged Care IV.
Transactions | Dec 4, 2023 Saudi wealth fund buys 49% stake in luxury hotel chain Rocco Forte by Andrea Zander Rocco Forte Hotels has plans to sell a 49 percent stake to Saudi Arabia’s sovereign wealth fund Public Investment Fund (PIF).
Research | Dec 4, 2023 J.P. Morgan Private Bank releases 2024 Global Investments Outlook by Released J.P. Morgan Private Bank has released its 2024 Global Investments Outlook.
Transactions | Dec 4, 2023 BEO Investments announces new $200m capital allocation for residential condo development by Released BEO Investments has announced a new capital allocation of $200 million dedicated to residential condominium developments across the United States.
Transactions | Dec 4, 2023 M&G invests €41.7m in Dutch residential deal to develop 206 apartments by Released M&G Real Estate has made a forward-funding commitment to a €41.7 million ($45.1 million) build-to-rent scheme in Leiden, an academic and entrepreneurial hub in the Netherlands.
Fundraising | Dec 4, 2023 GLP Capital Partners establishes $590m fund with new onshore by Released GLP Capital Partners (GCP) has established a new RMB 4.3 billion ($590 million) assets under management (AUM) fund in partnership with a leading domestic insurance provider.
Research | Dec 4, 2023 APAC leads office return as hybrid work continues to grow among global employers by Released As more companies announce new office attendance mandates, and with most workers back in the office globally, leaders now must now consider how to meet new expectations around work and where it’s done.Â
