Research | Aug 3, 2023 U.S. housing market avoids crash, but challenges remain for buyers and sellers by Released After record-breaking speed and price growth in 2021 and 2022, the housing market has largely settled and avoided a crash in prices, but challenges remain.
People | Aug 3, 2023 Urban Land Institute appoints Alan Beebe as CEO of Asia Pacific region by Released The Urban Land Institute (ULI) has announced the appointment of Alan Beebe as its new CEO for the Asia Pacific region.
People | Aug 3, 2023 Manulife Investment Management builds real estate team with new hires by Released Manulife Investment Management has announced new leadership appointments on its real estate investment team.
Transactions | Aug 2, 2023 CapitaLand Ascott Trust enters Dublin hotel market with hotel portfolio buy by Andrea Zander CapitaLand Ascott Trust has purchased three lodging assets in the United Kingdom, Ireland and Indonesia.
Transactions | Aug 2, 2023 Veris Residential buys Rockpoint’s interest in REIT for $520m by Andrea Zander Veris Residential and Rockpoint have completed a transaction.
Investors | Aug 2, 2023 CapitaLand Investment to double portfolio in India by Andrea Zander Singapore-based CapitaLand Investment has plans to double its portfolio in India.
Investors | Aug 2, 2023 JLL unveils GPT model for commercial real estate by Released JLL has announced JLL GPT, a language model purpose-built for the commercial real estate industry.
Fundraising | Aug 2, 2023 Macquarie European Logistics Real Estate Fund closes with approximately €260m in investor commitments by Andrea Zander Macquarie Asset Management has held a final close of Macquarie European Logistics Real Estate Fund with approximately €260 million ($285 million) in investor commitments.
Research | Aug 2, 2023 Harrison Street: Core real estate is out of “alternatives” by Andrea Zander Sector allocation is increasingly important for commercial real estate investors, which begs the question — should core real estate investors contemplate more diversification into the alternative sectors?
Transactions | Aug 2, 2023 CBRE acquires German retail advisory firm by Released CBRE has acquired Prime Consulting, a retail consultancy in Germany.
Investors | Aug 2, 2023 BKM Capital Partners forms partnership with StepStone Real Estate by Andrea Zander BKM Capital Partners has formed a partnership with StepStone Real Estate (SRE), the real estate arm of global private markets investment firm StepStone Group.
Transactions | Aug 2, 2023 MetroLoft Developers, Silverstein Properties receive $220m for NYC conversion by Andrea Zander MetroLoft Developers and Silverstein Properties have plans for the conversion of 55 Broad St.
Transactions | Aug 2, 2023 Goldman Sachs Asset Management, Kushner Real Estate Group sell N.J. apartment community by Released A joint venture between the real estate business within Goldman Sachs Asset Management and Kushner Real Estate Group has sold Addison at Princeton Meadows.
Research | Aug 2, 2023 CenterSquare Investment Management: 2023 midyear REIT outlook — Spring-loading performance for a powerful trajectory by Andrea Zander With inflationary pressures being relieved across the economy, CenterSquare Investment Management, believes that the end of the Fed’s rate hiking cycle is on the horizon, which is when REITs will take off.
Transactions | Aug 2, 2023 Cain and Starwood agree on €621m loan to Canary Wharf Group for the development of Wood Wharf by Andrea Zander Cain International and controlled affiliates of Starwood Capital Group have agreed on a £535 million (€410 million/$452 million) loan to Canary Wharf Group (CWG) for the next phase of development of its Wood Wharf residential scheme.
Transactions | Aug 1, 2023 Ontario Teachers’ Pension Plan JV enters Italy by Andrea Zander The Cadillac Fairview/Ontario Teachers’ Pension Plan (OTPP), and Boreal IM joint venture has completed its first transaction in Italy.
Transactions | Aug 1, 2023 The NRP Group and Angelo Gordon break ground on multifamily development in Virginia by Released The NRP Group in partnership with Angelo Gordon has broken ground on Lake Pointe.
Investors | Aug 1, 2023 Nuveen deepens relationship with MN, securing $450m for multifamily strategy by Andrea Zander Nuveen Real Estate has secured a $450 million commitment from MN Services.
Transactions | Aug 1, 2023 Bridge Multifamily Fund III to sell portfolio for $550m by Andrea Zander Bridge Multifamily Fund III, a fund managed by Bridge Investment Group Holdings, has agreed to sell a portfolio of real estate assets.
Transactions | Aug 1, 2023 GLP delivers $1.3b mega-industrial park in Tokyo by Released GLP Pte has completed GLP ALFALINK Nagareyama, the largest multisite logistics project to be delivered in Japan.
