People | Oct 4, 2024 Hines appoints Jan Hein Tiedema as new country head for the Netherlands by Released Hines, the global real estate investor, developer and manager, has announced the appointment of Jan Hein Tiedema as senior managing director and country head for the Netherlands.
People | Oct 4, 2024 Jenny Buck joins Swiss Life Asset Managers U.K. as nonexecutive chair by Released Swiss Life Asset Managers U.K. has appointed former Tesco Pension Investment CIO Jenny Buck as nonexecutive chair.
Investors | Oct 4, 2024 Chow Tai Fook Enterprises backs Azure Capital’s hospitality, multifamily expansion in China by Kali Persall Chow Tai Fook Enterprises (CTFE), the flagship private investment holding company of the Cheng Family in Hong Kong, has backed Azure Capital to help expand the company’s footprint in China’s hospitality and multifamily sectors, according to Mingtiandi.
Transactions | Oct 4, 2024 Dexus to transform Brisbane office building into $342m student accommodation facility by Jennifer Molloy Dexus and Marquette Properties plan to repurpose a class B office building in the central business district of Brisbane, Australia, into a modern, purpose-built student accommodation (PBSA) facility providing 1,200 beds.
Transactions | Oct 4, 2024 M&G Real Estate, JDP ink largest industrial en bloc transaction in Hong Kong in 2024 by Kali Persall M&G Real Estate has sold LiFung Centre, a 487,350-square-foot logistics property in Hong Kong, to JINGDONG Property (JDP), an infrastructure investment and asset management platform of JD.com, for HK$1.8 billion (approximately $232 million).
Transactions | Oct 4, 2024 Heitman acquires Seoul distribution center by Released Heitman announced the acquisition of a distribution center located in Anseong, South Korea.
Investors | Oct 4, 2024 Experienced team launches Staybrook Capital, a new operating partner for European real estate investment by Released Staybrook Capital, a new operating platform for real estate investment across the United Kingdom and Europe formed by a team of experienced industry leaders, has launched seeking to invest an initial €200 million ($221 million) into the European real estate market on behalf of clients.
Transactions | Oct 4, 2024 AEW secures $114m for two senior housing communities in Philadelphia and Washington, D.C. metros by Released AEW Capital Management has secured $114.6 million in first mortgage debt across two loans to refinance senior housing communities in the Philadelphia and Washington, D.C., metros.
Transactions | Oct 4, 2024 Clarion Partners Europe acquires of 1msf warehouse near Frankfurt by Released Clarion Partners Europe has acquired, on behalf of one of its co-mingled funds, an institutional quality logistics facility in Dieburg, Germany, from Union Investment.
Transactions | Oct 4, 2024 Deka Immobilien acquires office and commercial building in Sydney for open-end fund by Released Deka Immobilien has acquired an office and commercial building in Sydney for its open-ended real estate fund Deka-ImmobilienGlobal.
Investors | Oct 4, 2024 Advenir and Azora create $3b+ partnership to address national housing shortage by Released Azora, a Spain-based global investment firm, and Advenir, a U.S.-based real estate investment and management corporation, announced a new strategic partnership aimed at creating attainable rental housing in key markets across the United States.
Transactions | Oct 3, 2024 Heitman expands multifamily footprint in Japan by Kali Persall Heitman, a global real estate investment management firm with $50 billion in assets under management, has acquired three residential apartment buildings located in the Abeno, Fukushima and Bentencho submarkets of Osaka, Japan. Financial terms were not disclosed.
Transactions | Oct 3, 2024 Nrep, GARBE JV acquire 215,000sqf brownfield site for sustainable logistics center in Germany by Released Nrep, Urban Partners’ real estate investment platform, via logistics development and management business Logicenters, and joint venture partner GARBE Industrial Real Estate GmbH, have acquired a 20,000-square-meter (215,278-square-foot) site in Leipheim, Germany, for €17 million ($19 million) to construct a sustainable logistics center with a total area of approximately 11,600 square meters (124,861 square feet).
People | Oct 3, 2024 Realterm adds Christian Siegmund to European investment team by Released Realterm announced that Christian Siegmund has joined the firm as its head of investments, DACH region, based out of Frankfurt, Germany.
Fundraising | Oct 3, 2024 BNP Paribas announces first closing of private debt fund by Released BNP Paribas Asset Management announced the first closing of its BNP Paribas European Special Opportunities Debt Fund II (BNPP ESO II) with a capital rase of €90 million ($99 million).
