People | Aug 30, 2023 Savills appoints CEO for Central and Eastern Europe by Released Savills has appointed Stuart Jordan as CEO of Central and Eastern Europe.
Transactions | Aug 30, 2023 SYLA Technologies announces sale of condominium development site in Shimo-Meguro, Tokyo by Released SYLA Co. has sold a condominium development site in Shimo-Meguro 3-chome, located in Meguro-ku, Tokyo, Japan.
Investors | Aug 29, 2023 Prologis commits $500m to U.S., E.U. funds by Released Prologis has announced an additional commitment of $500 million to two funds: €250 million ($271 million) in Prologis European Logistics Fund (PELF) and $250 million in Prologis U.S. Logistics Fund (USLF).
Transactions | Aug 29, 2023 Dakota Pacific and Landmark Cos. JV sells Minnesota multi-housing community for $74.7m by Denise Moose Dakota Pacific Real Estate and Landmark Companies announced that it has closed the $74.7 million sale of Millennium Edina, a 227-unit midrise multi-housing community located within suburban Minneapolis in Edina, Minn.
Investors | Aug 29, 2023 JLL appointed as global real estate facilities manager by Rolls-Royce by Released JLL has been appointed by Rolls-Royce as global real estate facilities manager.
Investors | Aug 29, 2023 Santa Barbara County allocates $30m to three real estate funds by Lewis Dayton The $4.1 billion Santa Barbara County (Calif.) Employees’ Retirement System (SBCERS) is committing $10 million each to US Industrial Club VI, HIG Europe Realty Partners III and High Street Value Fund I.
Transactions | Aug 29, 2023 Trammell Crow Residential to develop luxury multifamily community in Boston by Released Trammell Crow Residential (TCR) has closed on its construction loan to commence building its latest Alexan community, a 210-unit luxury multifamily residence in Waltham, Mass.
Transactions | Aug 29, 2023 Westcore acquires 3.5msf California industrial portfolio by Released Westcore acquired the 3.5 million-square-foot Odyssey Portfolio.
Transactions | Aug 29, 2023 Orchard Street’s Impact Fund makes first acquisition with Southeast London industrial estate by Released Orchard Street Investment Management has completed the first acquisition on behalf of its £400 million (€466 million/$503 million) inaugural Impact Fund.
People | Aug 29, 2023 CBRE Investment Management appoints Sheila Hicks as senior portfolio manager for Dutch funds by Released CBRE Investment Management (CBRE IM) has appointed Sheila Hicks as senior portfolio manager for its Dutch funds’ platform.
Investors | Aug 29, 2023 Montana BOI commits $50m to Oak Street by Lewis Dayton Montana Board of Investments has made a commitment of $50 million to Oak Street Real Estate Capital Fund VI.
Investors | Aug 29, 2023 4 Rivers Property Group, Declaration Partners, Big Cypress Capital form Southeast U.S. self-storage JV by Released 4 Rivers Property Group, Declaration Partners, and Big Cypress Capital have formed a joint venture to develop class A self-storage facilities in growth markets throughout the Southeastern United States.
Fundraising | Aug 28, 2023 Harrison Street seeks €1.5b for the fourth vintage of European fund by Lewis Dayton Harrison Street, the alternative real assets investor, has announced that they are seeking €1.5 billion ($1.619 billion) for their new fund, Harrison Street European Property Partners IV.
Transactions | Aug 28, 2023 Kimco Realty to acquire RPT Realty in all-stock transaction by Andrea Zander Kimco Realty has acquired RPT Realty an all-stock transaction valued at approximately $2 billion.
People | Aug 28, 2023 EQ Office appoints Merredith Treaster to oversee Northern California region by Released EQ Office has hired Merredith Treaster as its senior vice president, Northern California to be based in San Francisco.
Transactions | Aug 28, 2023 Hudson Pacific raises $72m with sale of two L.A. office properties by Released Hudson Pacific Properties has divested through separate transactions two Los Angeles office properties.
People | Aug 28, 2023 Inovalis REIT names new CEO by Released Inovalis Real Estate Investment Trust has appointed Stéphane Amine as president and CEO of the REIT.
Transactions | Aug 28, 2023 CenterSquare enters Minneapolis market by Released CenterSquare has entered the Minneapolis market.
Transactions | Aug 28, 2023 Hersha Hospitality Trust to be acquired by KSL Capital Partners in $1.4b deal by Andrea Zander Hersha Hospitality Trust has agreed to be acquired by KSL Capital Partners.
Research | Aug 28, 2023 Employees finds U.S. business productivity is unexpected casualty of inflation by Released Inflation is a key factor contributing to employee stress.