People | May 21, 2024 Institutional Retirement Income Council names new executive director by Released The Institutional Retirement Income Council (IRIC), a nonprofit think tank for the retirement income–planning community, has announced the appointment of Kevin Crain as executive director.
Transactions | May 21, 2024 Alpaca Real Estate seeds residential venture in Dallas by Released Alternative investment management firm Alpaca Real Estate (ARE) has announced the formation of a $300 million residential strategy that will target to assemble an attractive portfolio of 1,000-plus new construction rental homes in locations marked by strong population growth, robust household income, best-in-class school districts and access to both employment and recreation.
Transactions | May 20, 2024 British Land sells 50 percent Meadowhall stake to Norges Bank Investment Management by Andrea Zander British Land has exchanged contracts for the sale of its 50 percent stake in Meadowhall Shopping Center to its partner Norges Bank Investment Management.
Transactions | May 20, 2024 Amro acquires Lewisham Retail Park with GDV €468m by Andrea Zander Amro has acquired Lewisham Retail Park in South East London, marking the beginning of their largest and most ambitious project to date.
Transactions | May 20, 2024 Henderson Park pays $705m for resort in Phoenix from Blackstone by Andrea Zander Henderson Park has completed the acquisition of the Arizona Biltmore resort in Phoenix from Blackstone Real Estate for $705 million.
Research | May 20, 2024 Occupancy planning key to effective hybrid workplaces in Asia Pacific by Released Hybrid working will remain core to organizational strategies in Asia Pacific.
Investors | May 20, 2024 Acadia Realty Trust completes transaction with J.P. Morgan Asset Management by Released Acadia Realty Trust has formed a strategic relationship with J.P. Morgan Asset Management (JPM) o pursue the acquisition of retail assets, including assets currently owned by the company.
Research | May 20, 2024 Redfin report: The Sun Belt is seeing some of the biggest rent declines in America by Released The median asking rent in Seattle fell 7.3 percent year-over-year in April.
Investors | May 20, 2024 Minnesota SBI to consider $125m commitment to AG Europe Realty Fund IV by Lewis Dayton The Minnesota State Board of Investment (SBI) is considering a commitment of up to $125 million to AG Europe Realty Fund IV, according to a recent meeting document.
Research | May 17, 2024 Lab market fundamentals trend in positive direction by Released The lab market fundamentals are trending in a positive direction.
Transactions | May 17, 2024 ESR to develop fourth data center site in Japan by Released ESR Group has plans to develop its fourth data center site in Japan, a 60 megawatt project in Ariake, Koto-Ku, Central Tokyo.
People | May 17, 2024 Cortland hires Lee Everett as head of research by Released Cortland has appointed Lee Everett head of research to lead Cortland’s research approach and inform investment decisions.
Research | May 17, 2024 CBRE APAC: South Korea as one of the top performing hotel markets in Asia Pacific by Released Robust domestic and international demand have cemented Korea’s status as one of the top-performing hotel markets in Asia Pacific during the past two years, according to CBRE.
Investors | May 17, 2024 JLL enhances data center capabilities with acquisition by Released JLL has reached an agreement to acquire SKAE Power Solutions (SKAE), a New York-based provider of data center technical and project management services.
Investors | May 17, 2024 Lendlease Group establishes new Asia Pacific life sciences real estate platform with Warburg Pincus by Andrea Zander Lendlease Group has entered into a 50-50 joint venture with Warburg Pincus to establish a new life sciences real estate platform in the Asia Pacific region.
Transactions | May 17, 2024 Ares, CDPQ and Schroders Capital provide €750m to expand Vantage Data Centers’ platform by Kali Persall Ares Management's infrastructure debt and alternative credit strategies, CDPQ and Schroders Capital's private debt and credit alternatives team are providing up to €750 million ($799 million) in financing to Vantage Data Centers to expand the company's EMEA platform.
Transactions | May 17, 2024 Stockbridge acquires 540,478sf Inland Empire industrial portfolio for $142m by Released Stockbridge has announced the acquisition of a core industrial portfolio totaling 540,478 square feet in Southern California’s Inland Empire West submarket.
Investors | May 17, 2024 UPS selects Goldman Sachs Group as OCIO for its pension funds by Lewis Dayton UPS has selected Goldman Sachs Group as its outsourced chief investment office to invest the parcel-delivery company’s $43 billion North American pension fund, multiple media sources reported.
Investors | May 17, 2024 LACERS targets $450m of real estate commitments in 2025 fiscal year by Lewis Dayton Recognizing the need to continue deploying capital toward real estate in order to reach the pension plan’s 7 percent allocation target for the asset class, the Los Angeles City Employees’ Retirement System (LACERS) is targeting to commit up to $450 million to real estate investments in fiscal year 2024-2025.
People | May 16, 2024 Equus Capital Partners announces strategic leadership changes by Released Equus Capital Partners has announced several senior leadership transitions as part of a multi-year succession plan for the firm.
