People | Dec 7, 2023 Kenneth Fridley named COO of Alyssa Partners by Jennifer Molloy Kenneth Fridley joined Alyssa Partners in Tokyo.
Investors | Dec 7, 2023 San Bernardino County posts fiscal year return of 5 percent by Lewis Dayton The San Bernardino County (Calif.) Employees’ Retirement Association (SBCERA) generated a 5 percent return for the fiscal year that ended on June 30, 2023, underperforming its benchmark of 7.2 percent.
Investors | Dec 6, 2023 New GI Partners venture to focus on medical outpatient buildings by Andrea Zander GI Partners has formed a venture focused on investments in medical outpatient buildings.
Research | Dec 6, 2023 U.S. REITs bounces back in November by Loretta Clodfelter U.S. REITs bounced back dramatically in November.
Transactions | Dec 6, 2023 CapitaLand China Trust divests CapitaMall Shuangjing by Released CapitaLand China Trust Management has sold CapitaMall Shuangjing.
Transactions | Dec 6, 2023 DataBank snaps up 85 acres in Virginia to build Culpeper data center campus by Kali Persall DataBank has purchased 85 acres of land in Culpeper, Va., which will house the new Culpeper Campus, hosting up to three two-story data centers.
Investors | Dec 6, 2023 Fountain Residential Partners secures commitment in co-GP equity from FrontRange Capital by Released JLL Capital Markets has arranged a commitment in programmatic co-GP equity for Fountain Residential Partners.
Research | Dec 6, 2023 Retail prime corridors thrive as consumer spending soars and tourism returns by Released Consumer spending growth and the return of international and domestic tourism have driven prime urban retail demand, with foot traffic recovering to pre-pandemic levels in half of the prime corridors surveyed.
Transactions | Dec 6, 2023 Manulife Investment Management announces $1.2b industrial recapitalization by Released Manulife Investment Management has announced a $1.2 billion partnership with Scannell Properties and StepStone Real Estate.
Transactions | Dec 6, 2023 UPDATED: Passco Cos. buys apartment community in St. Louis by Released Passco Cos. has completed the acquisition of Cortona at Forest Park.
Transactions | Dec 6, 2023 Basis Industrial acquires four assets and refinances two for 1.3msf portfolio in $220m transaction by Released Basis Industrial closed on/purchased four commercial properties in Florida and Texas, as well as refinanced two of its current commercial properties in Florida.
Transactions | Dec 6, 2023 Hines and Key Group announce 3msf industrial aerospace and defense hub on Florida’s space coast by Released Hines, in partnership with Titusville-based Key Group, announced Space Coast Innovation Park, a 3 million-square-foot project that will feature three phases of class A industrial product situated across 450 acres in the heart of Florida’s Space Coast in Brevard County.
Investors | Dec 6, 2023 London CIV commits $63.1m to Octopus Affordable Housing Fund by Lewis Dayton London CIV has made a £50 million ($63.1 million) commitment to Octopus Affordable Housing Fund.
Transactions | Dec 5, 2023 Macerich completes $710m refinancing of Tysons Corner Center by Released Macerich announced that Macerich’s joint venture that owns Tysons Corner Center has just closed a $710 million refinance on this high-quality property in northern Virginia.
Fundraising | Dec 5, 2023 Ares Management raises approximately $3.3b of real estate secondaries capital by Andrea Zander Ares Management Corp. has raised approximately $3.3 billion of real estate secondaries capital.
Transactions | Dec 5, 2023 GIC acquires two additional logistics facilities developed by Daiwa House Industry in Greater Osaka and Fukuoka by Andrea Zander GIC has acquired two logistics facilities developed by Daiwa House Industry.
Transactions | Dec 5, 2023 ESR Group plans for Shanghai Stock Exchange listing of logistics assets by Andrea Zander ESR Group has plans to three high-standard logistics projects in Kunshan, Jiangsu Province, China, through a REIT on the Shanghai Stock Exchange.
People | Dec 5, 2023 Ontario Teachers’ appoints Pierre Cherki as executive managing director, real estate by Andrea Zander Ontario Teachers’ Pension Plan has appointed Pierre Cherki as executive managing director, real estate.
Investors | Dec 5, 2023 Ares Management plans to open an office in Japan by Andrea Zander U.S.-based alternative investment firm Ares Management plans to open an office in Japan.
People | Dec 5, 2023 Jeremy Edmiston to lead Cushman & Wakefield’s U.S. BTR/SFR sector by Released Jeremy Edmiston has been promoted to executive director, U.S. lead build-to-rent/single-family rent (BTR/SFR) at Cushman & Wakefield.
