People | May 11, 2023 ULI names Ben Collins executive director for the U.K. by Released The Urban Land Institute (ULI) has appointed Ben Collins as executive director for the United Kingdom.
Transactions | May 11, 2023 Major central London development project moves forward by Kali Persall Southwark Homes and developer Sellar have submitted plans for a 444 bedroom purpose-built student accommodation (PBSA) scheme in King’s Place in London, along with 1,850 square meters (19,913 square feet) of flexible office and employment space.
Investors | May 11, 2023 Investor opportunities in the multifamily sector by Jennifer Molloy A virtual roundtable with institutional investors, consultants and investment managers was held by Institutional Real Estate, Inc. on May 3 about current opportunities in the multifamily sector.
Infrastructure | May 10, 2023 LaSalle provides $164m green loan facility to finance Greystar’s student housing project in London by Released LaSalle Investment Management has provided a £130 million ($164 million) fixed-rate green loan facility to finance Greystar’s acquisition and development of a 770-bed student housing asset in Wembley Park, London.
Investors | May 10, 2023 Panattoni to build sustainable last-mile logistics facility in England by Kali Persall Panattoni, the largest logistics real estate developer in the United Kingdom and Europe, has submitted plans for a speculative 80,000-square-foot, last-mile logistics development in Heathrow, England — Panattoni Poyle 80.
Transactions | May 10, 2023 Nuveen acquires Omni, strengthens its foothold in U.S. affordable housing market by Kali Persall Nuveen is acquiring a portfolio of assets from Omni Holding Co., an owner, operator and developer of affordable housing, for an undisclosed amount.
Investors | May 10, 2023 Empira Group launches neighborhood development project for institutional investors by Kali Persall Empira Group has launched a forward-looking investment opportunity for institutional investors in Germany.
People | May 10, 2023 Miguel Zablah joins Leste Group as director, head of investor relations by Released Leste Group has appointed Miguel Zablah as director and head of investor relations. He will be responsible for managing investor communications globally across Leste’s private equity, real estate credit and special situations strategies.
Transactions | May 10, 2023 Genesta acquires high-quality logistics property in southern Sweden by Kali Persall Genesta has agreed to acquire a high-quality logistics property in Jönköping, a city on the shores of Lake Vättern in southern Sweden. Infrahubs sold the asset for an undisclosed amount.
Investors | May 10, 2023 Washington State Investment Board commits $150m to Monarch Capital Partners VI by Kali Persall The Washington State Investment Board (WSIB) has approved a $150 million commitment to Monarch Capital Partners VI, managed by Monarch Alternative Capital.
Investors | May 10, 2023 Grosvenor announces global carbon commitment, growth of property portfolio by Kali Persall Grosvenor has unveiled a new global carbon commitment that will see all its businesses reduce emissions in an effort to limit global warming.
People | May 10, 2023 Custodian Property Income REIT appoints David MacLellan nonexecutive director by Kali Persall David MacLellan has been hired as an independent nonexecutive director of Custodian Property Income REIT, a real estate investment trust for private and institutional investors seeking high, stable dividends from well-diversified U.K. real estate.
People | May 10, 2023 BentallGreenOak hires Ryan Severino as chief economist, head of research by Released BentallGreenOak (BGO), a global real estate investment management adviser and a globally recognized provider of real estate services, has appointed Ryan Severino to the newly created role of chief economist and head of research for the firm’s U.S. business.
Research | May 10, 2023 Industrial outdoor storage grows in popularity among institutional investors by Kali Persall Investor demand for industrial outdoor storage (IOS) has been buoyed by strong recent operating results, favorable long-term supply/demand dynamics and a de minimis capex burden, causing it to grow in popularity among institutions in recent years.
Investors | May 9, 2023 Qualitas announces $661m credit mandate with global institutional investor by Released Qualitas has entered into a mandate with a global institutional investor that provides for up to A$1 billion ($661 million) to be invested into Australian commercial real estate private credit opportunities.
People | May 9, 2023 NZ Super Fund CEO to step down by end of year by Kali Persall Matt Whineray, CEO of the A$60 billion ($40 billion) NZ Super Fund, has announced plans to resign by the end of the year.
Investors | May 9, 2023 Marriott to debut Moxy Hotels brand in Budapest by Kali Persall Marriott International, through an agreement with developer Forestay Group, is planning to debut its Moxy Hotels brand in Budapest.
Transactions | May 9, 2023 HIH Invest sells vintage mixed-use property in Germany by Kali Persall HIH Invest Real Estate has sold a vintage mixed-use office and retail building from the portfolio of a closed-end institutional fund. wohninvest Holding acquired the property for an undisclosed amount.
Transactions | May 9, 2023 Peakside expands logistics portfolio in Germany by Kali Persall Peakside Capital Advisors has acquired an 85,000-square-meter (914,932-square-foot) logistics site with an existing property as well as development land in Burgbernheim, located in the Nuremberg metropolitan area in Germany, from a private seller.
Fundraising | May 9, 2023 Related Cos. locks in $195m for affordable housing fund by Kali Persall RFM Affordable Housing Fund, managed by Related Companies., has raised $195.5 million toward its target of $400 million, according to a May 8 filing with the SEC.
