Transactions | Oct 16, 2024 Hillhouse Investment Management lobs $1.1b tender offer at Japan’s Samty Holdings by Kali Persall Hillhouse Investment Management, one of the world’s largest global private alternative asset managers, along with its dedicated real assets strategy, Rava Partners, and other affiliated entities are undertaking a tender offer to acquire the common shares of Samty Holdings for ¥3,300 ($22.11) per share, implying a total enterprise value of ¥169 billion ($1.1 billion).
Transactions | Oct 16, 2024 Salters Bros. opens Japan office by Jennifer Molloy Rahul Ghai, managing director for Asia at Salter Bros., will lead the firm’s new office in central Tokyo.
People | Oct 16, 2024 Fusion appoints Daniel Harris as CIO to capitalize on European living sector growth by Released Fusion Group, a privately owned student accommodation developer and operator in the United Kingdom, has appointed Daniel Harris as chief investment officer to support its continued growth.
People | Oct 16, 2024 Amundi hires Philippe d’Orgeval as deputy group CIO by Kali Persall Amundi has appointed Philippe d’Orgeval as deputy group CIO.
Transactions | Oct 16, 2024 Harrison Street, fifteenfortyseven Critical Systems Realty acquire Carrier Hotel Data Center in Hawaii by Released Harrison Street and fifteenfortyseven Critical Systems Realty (1547) announced the acquisition of AlohaNAP, a premier carrier hotel data center located on the island of Oahu in Hawaii.
Investors | Oct 16, 2024 Crusoe Energy Systems, Blue Owl Capital and Primary Digital Infrastructure form $3.4b data center JV by Kali Persall Crusoe Energy Systems, Blue Owl Capital and Primary Digital Infrastructure have announced a $3.4 billion joint venture to fund purpose-built data center capacity.
Research | Oct 15, 2024 Commentary: Five things to know about liquid cooling in data centers by Kali Persall Liquid cooling has emerged as a revolutionary solution in the ever-evolving landscape of data center technology, offering significant advantages over traditional air-cooling methods. That is the stance of National Real Estate Advisors, which published a commentary on this process in September.
Transactions | Oct 15, 2024 Smith Hill Capital, ECI Group and Intervest form $250M multifamily lending platform by Denise Moose Smith Hill Capital, ECI Group and InterVest have launched a $250 million private lending platform to provide financial solutions including first mortgages, mezzanine loans and preferred equity investments to multifamily owners for refinancing, new construction and acquisitions.
Transactions | Oct 15, 2024 Slate Asset Management expands European essential real estate platform with grocery portfolio acquisition in Portugal by Released Slate Asset Management announced that it has expanded its European essential real estate strategy into a new market with the acquisition of a portfolio of 12 grocery properties in Portugal valued at approximately €150 million ($164 million) from seller LCN Capital Partners.
Research | Oct 15, 2024 RCLCO releases 35th annual National Real Estate Compensation & Benefits Survey by Denise Moose RCLCO recently released the 35th edition of the National Real Estate Compensation & Benefits Survey, providing more than 500 pages covering trends and statistics on compensation benefits within the real estate industry.
Transactions | Oct 15, 2024 Ambient Capital Partners acquires northern New Jersey industrial outdoor storage portfolio for $156m by Denise Moose Ambient Capital Partners has acquired a six-property, 48.7-acre industrial outdoor storage portfolio located in Harrison and Kearny, N.J., for $156.3 million. NAI James E. Hanson represented the buyer in the transaction.
Transactions | Oct 15, 2024 Madison Capital Group secures $111m to develop two luxury apartment communities in Florida coastal cities by Denise Moose Madison Capital Group has secured debt and equity financing for two new luxury garden-style multifamily developments on Florida’s east and west coasts: Madison Bradenton in Bradenton (Sarasota MSA) and Madison Midtown in Melbourne (Space Coast).
Transactions | Oct 15, 2024 Principal acquires 172,000 sq.ft. life sciences asset in U.K. for European logistics fund LOG IN by Released Principal Asset ManagementSM has acquired a life sciences asset at Alnwick in the north of England in a sale-and-leaseback transaction for LOG IN, the European logistics and industrial fund managed by Theoreim.
Investors | Oct 11, 2024 Italian pension funds combine to create €12b scheme by Kali Persall The Intesa Sanpaolo Group, one of the top banking groups in Europe and a leader in Italy, has signed an agreement with Italian bank trade unions Fabi, First Cisl, Fisac Cgil, Uilca and Unisin to establish a single, large pension fund that will manage approximåately €12 billion ($13 billion) in assets.
Investors | Oct 11, 2024 Colorado PERA raises real estate allocation to 10% by Kali Persall The Colorado Public Employees’ Retirement Association (PERA) board of trustees has adopted new long-term asset allocation targets at the recommendation of its investment consultant, Aon.
Transactions | Oct 11, 2024 CapitaLand Ascott Trust to divest Citadines Karasuma-Gojo Kyoto hotel in Japan by Kali Persall CapitaLand Ascott Trust (CLAS) has divested the Citadines Karasuma-Gojo Kyoto hotel in Japan to an unrelated third party for about ¥6.18 billion ($42 million).
Fundraising | Oct 11, 2024 Border to Coast launches $1.6b U.K. Real Estate Fund by Kali Persall Border to Coast has launched a direct U.K. real estate investment fund, broadening LGPS (Local Government Pension Scheme) partner fund access to new investment opportunities in the sector.
Research | Oct 11, 2024 Austria’s pension system continues to face climate, investment performance challenges by Kali Persall Pensionskassen, Austria’s company system, faces large challenges in terms of investment performance and climate goals, according to a recent report from the Austrian Financial Market Authority (FMA) on the state of the system in 2024.
People | Oct 11, 2024 Incubation Capital Partners hires Jeff Sobczynski as a principal by Released Incubation Capital Partners (Incucap) has announced Jeff Sobczynski has joined the firm as a principal.
Research | Oct 11, 2024 Demand for self-storage remains high across Europe, presenting lucrative investment opportunities by Released A new report from the Federation of European Self Storage Associations (FEDESSA) and global real estate adviser CBRE indicates continued strong demand for self-storage across Europe, presenting a lucrative opportunity for investors and developers.
