Transactions | Oct 10, 2023 Retail Estates acquired €81.5m retail park in Rotterdam by Andrea Zander Retail Estates has finalized the acquisition of retail park Alexandrium II Megastores in Rotterdam for €81.5 million ($86.4 million).
People | Oct 10, 2023 Manulife Investment Management appoints Kenny Lam as CIO and head of transactions, Asia Pacific real estate by Released Manulife Investment Management has appointed Kenny Lam to the position of CIO and head of transactions, Asia Pacific real estate.
Transactions | Oct 10, 2023 CIM Group with partner acquire Onyx183 apartment community in Austin by Released CIM Group and its partner have acquired Onyx183 in Austin.
Research | Oct 10, 2023 U.K. commercial property capital value declines persist in September 2023 by Released Capital values for commercial real estate declined by 0.4 percent in September 2023, according to the latest CBRE UK Monthly Index.
People | Oct 10, 2023 SL Green announces departure of Andrew Mathias by Released Andrew Mathias will leave his role as president at SL Green.
Transactions | Oct 10, 2023 Heitman expands Norwegian student housing platform by Kali Persall Heitman has expanded its Norwegian student housing platform with the purchase of Steinan Studentby in Trondheim, Norway.
Investors | Oct 10, 2023 Kansas City Police generates 4.81 percent return for fiscal year by Lewis Dayton The $1.14 billion Kansas City Police Employees’ Retirement System (KCPERS) generated a net return of 4.81 percent for its Police Total Fund.
Research | Oct 10, 2023 Economic, environmental and health benefits of all-electric buildings by Lewis Dayton More than 52 percent of the gas emissions from residential buildings constructed between 2023 and 2030 could be eliminated by passing electrification policies in just 63 metropolitan areas and their surrounding counties.
Transactions | Oct 10, 2023 PGIM Real Estate launches RealAssetX by Released PGIM Real Estate has launched RealAssetX.
Transactions | Oct 10, 2023 Round Hill Capital acquires more than 540 rental units across seven assets in Greater Berlin for €90m by Released Round Hill Capital has acquired 541 residential for-rent units across seven assets in greater Berlin for €89 million ($94 million) in three transactions.
Investors | Oct 10, 2023 Washington State’s CTF posts net 5.24 percent return for the fiscal year by Lewis Dayton The $155.7 billion commingled trust fund (CTF) overseen by the Washington State Investment Board (WSIB) posted a net return of 5.24 percent for the fiscal year that ended on June 30, below its 11.31 percent benchmark.
Research | Oct 9, 2023 Schroders Institutional Investor Study 2023: APAC investors target sustainability and private assets amid energy transition opportunities as inflation concerns remain by Andrea Zander More than half of APAC respondents worry about the impact of geopolitical uncertainty and inflation, leading them to invest in companies with more localized supply chains, both in public and private markets, according to Schroders Institutional Investor Study 2023.
Transactions | Oct 9, 2023 Realterm acquires cross-dock facility in East Midlands, U.K. by Released Realterm has acquired 10 Dodwells Road.
Research | Oct 9, 2023 PATRIZIA's residential report finds Europe remains top global destination for investors seeking cross-border diversification by Released While global transactions in the living sector were down 52 percent year-on-year, robust cross-border investment activity has ensured the residential sector remains an attractive asset class for institutional investors seeking portfolio diversification and stable income, according to PATRIZIA’s Residential Market Report 2023.
Research | Oct 9, 2023 September mall visits fall once again, and October will be “critical” to assessing retail’s overall strength by Andrea Zander Visits to malls in September mostly fell once again — and have been trending down since July.
Transactions | Oct 9, 2023 Pictet, Accor and Hesperia Group announce a new flagship hotel in Valencia by Released The Pictet Group alongside Hesperia Group and the Accor Group brand Novotel will open a 307-room hotel in Valencia, Spain.
Transactions | Oct 9, 2023 GIC pays $258m to Pimco for office property in India by Andrea Zander GIC has signed an agreement to buy Waverock.
Fundraising | Oct 9, 2023 GCP announces $250m of new capital raised for China value-add strategies by Andrea Zander GLP Capital Partners (GCP) has closed on approximately RMB 1.75 billion (250 million) of fresh capital for its China value-added strategies.
Fundraising | Oct 9, 2023 TA Realty holds final close at $1.77b for its flagship value-add fund by Lewis Dayton TA Realty, the real estate investment manager, has held a final close for Value-Add Fund XIII with $1.77 billion of committed capital.
Transactions | Oct 9, 2023 Monarch Alternative Capital acquires 801 Brickell in Miami by Released Monarch Alternative Capital has acquired 801 Brickell, a premier class A office building in Miami.
