Transactions | May 16, 2024 Harrison Street and PowerHouse JV enters Dallas market with new 200MW data center campus by Kali Persall Harrison Street and PowerHouse Data Centers, a division of American Real Estate Partners (AREP), have purchased 50 acres of land in Irving–Las Colinas, Texas.
Transactions | May 16, 2024 Landmark Properties expands into U.K. and Ireland by Released Landmark Properties has expanded into the student housing markets of United Kingdom and Ireland.
Transactions | May 16, 2024 Cromwell sells Polish retail portfolio for €285m by Andrea Zander Cromwell Property Group has sold six retail centers across Poland, held by the Cromwell Polish Retail Fund (CPRF), to Star Capital Finance for €285 million ($309 million).
Transactions | May 16, 2024 Morgan Stanley Real Estate Investing sells four warehouses on the U.S.-Mexico border for $178m by Released Morgan Stanley Investment Management, through investment funds managed by Morgan Stanley Real Estate Investing (MSREI), has sold a portfolio of four fully leased industrial properties, two located in El Paso and two in Laredo, Texas.
Investors | May 16, 2024 Gresham House secures further $158m for housing fund by Lewis Dayton Gresham House Residential Secure Income LP (GH ReSI LP) has secured £125 million ($157.9 million) from two U.K. local authority pension schemes, the Gloucestershire and Devon pension funds.
People | May 16, 2024 Blue Owl hires Haitham Abdulkarim to oversee institutional business in Middle East by Released Blue Owl Capital has hired Haitham Abdulkarim.
People | May 16, 2024 CalSTRS selects new CIO by Lewis Dayton The $332.5 billion California State Teachers’ Retirement System (CalSTRS) has announced that Scott Chan has been selected as its new CIO.
Transactions | May 15, 2024 Valor enters Dutch last mile logistics market with Amsterdam acquisition by Released Valor Real Estate Partners has acquired a 24,079-square-meter (259,184-square-foot) urban logistics property in North Amsterdam, from Aldi.
People | May 15, 2024 CapitaLand India Trust names new CEO by Released CapitaLand India Trust (CLINT) has appointed Gauri Shankar Nagabhushanam as CEO.
Investors | May 15, 2024 Former Rockspring TransEuropean Fund Series team re-unite to launch Evonite by Released Evonite has launched as a new London-based, independently owned European value-added real estate partnership.
Investors | May 15, 2024 Revetas facilitates Korean overseas investment recovery with trio of mandates by Released Revetas Capital has secured three mandates from Korean Asset Management Cos.
Investors | May 15, 2024 LaSalle, Gaw Capital, CPPIB see opportunities in Asian real estate by Andrea Zander LaSalle Investment Management, Gaw Capital Partners, CPP Investments, and Invesco Real Estate see opportunities to acquire properties at attractive prices as Asian markets begin to reset.
Transactions | May 15, 2024 CDL acquires Hilton Paris Opéra hotel for €240m from Blackstone by Andrea Zander City Developments Limited (CDL), through its wholly owned subsidiary, Copthorne Hotel Holdings Limited, has completed the acquisition of the Hilton Paris Opéra hotel from funds managed by Blackstone for €240 million ($259 million).
Research | May 15, 2024 U.K. commercial investment volumes reach highest level for 12 months by Andrea Zander U.K. commercial investment volumes reached £4.7 billion in March 2024.
Research | May 15, 2024 BTR completions now outpace starts as planning backlog squeezes pipeline by Released New analysis published by the British Property Federation (BPF) shows delivery across the build-to-rent (BTR) sector has slowed in the first quarter, with key pinch-points in the delivery pipeline creating a bottleneck on supply.
Transactions | May 14, 2024 Madison Realty Capital, Unity Capital originate $100m construction loan for mixed-use multifamily development in Long Branch, N.J. by Released Madison Realty Capital and Unity Capital have provided an $85 million construction loan and a $15 million mezzanine loan, respectively, to an affiliate of Kushner Cos.
Research | May 14, 2024 JLL report: Net deliveries in U.S. retail sector maintain steady pace by Andrea Zander Net deliveries for the retail sector in the first quarter totaled 9.5 million for the 139 national index markets in the United States.
Fundraising | May 14, 2024 Goldman Sachs Alternatives raises more than $7b for real estate credit strategies by Andrea Zander Goldman Sachs Alternatives has held a final close for its West Street Real Estate Credit Partners IV and related vehicles.
Investors | May 14, 2024 apt.Residential, PGGM collaborate on A$1.5b build-to-rent partnership by Andrea Zander Sydney-based real estate investment manager apt.Residential has formed a long-term partnership with PGGM Private Real Estate Fund, managed by the Dutch pension investor PGGM, for a programmatic rollout of build-to-rent residential projects in Australia, with an initial focus in Sydney.
Investors | May 14, 2024 Pennybacker announces strategic investment from Petershill at Goldman Sachs Asset Management by Released Pennybacker Capital Management has announced that Goldman Sachs Asset Management's Petershill program has made a strategic investment in the firm.
