Research | Nov 6, 2023 90-plus percent of occupiers in Asia Pacific willing to pay a premium for tech-enabled spaces: JLL by Andrea Zander Commercial real estate occupiers are willing to put their money where the tech is, according to JLL.
Transactions | Nov 6, 2023 Crossbay and Kryalos make first acquisition in new Italian fund by Released Bay Fund ade its first acquisition, purchasing a 9,000 square-meter (97,000-square-foot) asset in Pieve Emanuele near Milan.
Transactions | Nov 6, 2023 CapitaLand Ascott Trust divests two hotels in Australia for $71m by Released CapitaLand Ascott Trust (CLAS) is divesting two mature hotels in Sydney to an unrelated third party for a total of A$109.0 million ($71 million).
Transactions | Nov 6, 2023 Galliard Homes completes €865.3m Curtain Theatre redevelopment by Andrea Zander The €865.3 million ($928.6 million) transformation of William Shakespeare’s original Curtain Theatre into a luxury residential property, The Stage in Shoreditch, is now complete.
Investors | Nov 6, 2023 Carnegie Mellon endowment posts 2.9% return for fiscal year by Lewis Dayton Carnegie Mellon University has reported that its endowment, valued at $3.1 billion, generated a net return of 2.9 percent for the fiscal year that ended on June 30.
Transactions | Nov 6, 2023 Mitiska REIM acquires its first SME business park in France by Released Mitiska REIM, on behalf of the MEREP Light Industrial Fund, has acquired Village Économique Montataire, an income-producing SME business park adjacent to the city of Creil in the Greater Paris region.
Transactions | Nov 6, 2023 Indiana Public Retirement System makes $150m commitment to two funds by Lewis Dayton The Indiana Public Retirement System committed $100 million toward ICG Real Estate Opportunities Fund (ICG REOF) in September and $50 million toward Longpoint Fund III in August, recent meeting documents show.
People | Nov 6, 2023 San Joaquin CEO Johanna Shick to retire in March by Lewis Dayton Johanna Shick, CEO of the San Joaquin County Employees’ Retirement Association (SJCERA), has announced that she will retire in March 2024.
People | Nov 6, 2023 PATRIZIA appoints new head of global client solutions MENA to launch regional office in the Middle East by Released PATRIZIA has appointed Jan-Christoph (JC) Klein as its new head of global client solutions for Middle East and North Africa (MENA).
Research | Nov 3, 2023 150,000 jobs added to the U.S. economy in October by Lewis Dayton The total nonfarm payroll employment increased by 150,000 jobs in October.
STT GDC, Basis Bay form data center JV by Released ST Telemedia Global Data Centers and Basis Bay have formed a joint venture partnership, for the development, construction, and operation of data center projects in Kuala Lumpur and Cyberjaya in Malaysia.
Transactions | Nov 3, 2023 Cantor Fitzgerald, Harbor Group form JV to acquire Westchester multifamily community by Released A joint venture between affiliates of Cantor Fitzgerald and Harbor Group International, has acquired Avalon Mamaroneck, a 229-unit, class-A multi-family community in the Westchester County suburb of Mamaroneck, N.Y.Â
Transactions | Nov 3, 2023 Korea’s NPS buys partial interest Stockbridge by Andrea Zander National Pension Service of Korea (NPS), the world’s third-largest pension fund with more than$750 billion in assets (as of August 31, 2023), has acquired a partial interest in San Francisco-based Stockbridge.
Research | Nov 3, 2023 Next generation of leaders and laggards in a new era of labor: PGIM study by Andrea Zander Global labor markets are at a critical turning point, with significant structural changes underway that will create future labor shortages, inflation and headwinds to economic growth.
Transactions | Nov 3, 2023 Walton Global buys 187.7 acres in Bolivia, N.C. by Released Walton Global has acquired a 187.7-acre parcel in Bolivia, N.C.
Research | Nov 3, 2023 Americans intend to travel this holiday season by Andrea Zander Travel continues to soar.
Fundraising | Nov 3, 2023 GLP Capital Partners China closes $492m income fund by Released GLP Capital Partners (GCP) has closed on a new closed-end office income strategy with total AUM of RMB 3.6 billion ($480 million).
Transactions | Nov 3, 2023 CBRE Investment Management acquires €360m residential portfolio in Berlin by Released CBRE Investment Management (CBRE IM), on behalf of investment programs sponsored by the firm, has exchanged contracts to acquire a €360 million ($382 million) residential portfolio in Berlin, providing about 1,200 residential apartments.
Research | Nov 3, 2023 REITs fall 4.4% in October by Loretta Clodfelter U.S. REITs declined by 4.4 percent in October, according to the FTSE Nareit Equity REITs Index.
Transactions | Nov 3, 2023 Gaw Capital Partners, Sinar Primera to deliver data center in Indonesia by Kali Persall Gaw Capital Partners has entered into a strategic partnership with Sinar Primera.
