Transactions | Aug 8, 2023 ABR Capital Partners and Biynah acquire additional assets for TRIP portfolio by Released ABR Capital Partners (ABR) and Biynah Industrial Partners (BIP) have acquired three additional properties for their transportation-related industrial portfolio (TRIP).Â
Transactions | Aug 8, 2023 Tishman Speyer–Mitsui Fudosan JV makes first acquisition in San Francisco’s India Basin submarket by Released Tishman Speyer and Mitsui Fudosan America (MFA) have acquired the 126,000-square-foot, last-mile warehouse and distribution facility at 2225 Jerrold Avenue in San Francisco’s India Basin submarket.
Transactions | Aug 8, 2023 Columbia Pacific JV receives $132m refinance for IOS Portfolio by Andrea Zander A joint venture between Criterion Group and Columbia Pacific has received a $132.3 million refinancing for a 22-property industrial outdoor storage portfolio.
Research | Aug 8, 2023 New NCREIF/CREFC Open-End Debt Fund aggregate offers transparency to open-end debt fund performance by Released The CRE Finance Council (CREFC) has been working with the National Council of Real Estate Investment Fiduciaries (NCREIF) to introduce a measure tracking the performance of open-end debt funds financing commercial and multifamily real estate.
Fundraising | Aug 8, 2023 PAG holds $1.8b final close by Andrea Zander PAG has reportedly raised $1.8 billion in the final close for its Asia-focused, core-plus real estate fund PAG Real Estate Partners III.
Investors | Aug 8, 2023 KKR opens L.A. real estate office by Andrea Zander KKR has plans to open an office in Los Angeles to be closer to the commercial real estate market.
Research | Aug 8, 2023 Canadian hotel sector catapults in first half of 2023 by Andrea Zander A strong pace of activity in the second quarter catapulted first-half volume to more than $1 billion with notable urban and resort market sales, according to Colliers.
Research | Aug 7, 2023 Uptick of overall U.S. CMBS delinquencies in July, office rises further by Released The U.S. CMBS delinquency rate increased by one basis point (bp) to 1.92 percent in July from 1.91 percent in June as the continued rise in office delinquencies was offset by strong hotel resolution volume, according to Fitch Ratings.
Investors | Aug 7, 2023 State of New York to provide $406m in financing to build five affordable housing developments by Andrea Zander N.Y. governor Kathy Hochul has announced that the State of New York will provide $406 million in financing to deliver approximately 800 new affordable housing units across the state.
Transactions | Aug 7, 2023 Dia sells Portuguese assets to Auchan for €155m by Released Dia Group, a Spanish multinational hard-discount supermarket chain, has sold its business in Portugal to Auchan Retail for €155 million ($171 million).
Research | Aug 7, 2023 MSCI: U.K. industrial property post positive returns in Q2 by Andrea Zander U.K. industrial properties were the best performers among the major commercial real estate sectors in April through June compared with the previous three months.
Research | Aug 7, 2023 Industrial markets softening amid declining figures by Andrea Zander In the midst of rising inflation and economic uncertainties, industrial markets across the country posted sluggish figures compared to one year ago, according to JLL.
Transactions | Aug 7, 2023 Hines submits plans for €1.2b South Bank, London, mixed-use development by Andrea Zander Hines has submitted a planning application for a mixed-use project to develop 18 Blackfriars Road.
Research | Aug 7, 2023 Job growth decelerates in July by Loretta Clodfelter The U.S. economy added 187,000 jobs in July, and the unemployment rate changed little at 3.5 percent, according to the Bureau of Labor Statistics.
Research | Aug 7, 2023 REITs rise 2.9% in July by Loretta Clodfelter U.S. REITs rose 2.9 percent in July, according to the FTSE Nareit Equity REITs Index.
Transactions | Aug 7, 2023 AB Tewox makes second venture in Poland, buys five retail parks by Released AB Tewox, an investment company managed by Lords LB Asset Management, has announced the acquisition of five retail parks in Głowno, Świdnica, Przemyśl, Kalisz and Puławy in Poland.
Research | Aug 7, 2023 United Kingdom’s Golden Triangle suffering from 1.8msf shortfall of lab space by Andrea Zander The United Kingdom’s life sciences Golden Triangle, between Oxford, Cambridge and London, requires more than 1.8 million square feet of new lab space to satisfy active requirements, according to new research from global property adviser Knight Frank.Â
Transactions | Aug 4, 2023 Harworth Group sells €81m logistics portfolio by Andrea Zander Harworth Group has sold seven multi-let industrial estates across the Northwest, Yorkshire and East Midlands for a total of €81.2 million ($88.8 million).
Transactions | Aug 4, 2023 Kilroy Realty Corp. receives $375m in financing for mixed-use property in San Diego by Andrea Zander Kilroy Realty Corp. has received an 11-year, non-recourse secured loan for $375 million.
Transactions | Aug 4, 2023 Canyon Partners, Tavros and Charney Cos. add second multifamily development to Brooklyn portfolio by Released Canyon Partners Real Estate, Tavros and Charney Cos. has form a joint venture for the development of 251 Douglass St.
