Transactions | Oct 24, 2023 Hines expands portfolio with $200m investments in industrial and healthcare assets by Andrea Zander Hines U.S. Property Partners (HUSPP), the firm’s flagship commingled U.S. core plus fund, has closed on four investments totaling approximately $200 million in investment volume spanning two key property types: industrial and alternatives.
People | Oct 23, 2023 Walker & Dunlop names new MD for affordable housing platform by Released Walker & Dunlop has hired Warren Horvath as a managing director to source non-LIHTC and programmatic joint-venture equity for affordable housing owners and operators.
Investors | Oct 23, 2023 Virginia Retirement System commits $50m to Realterm Logistics Income Fund by Lewis Dayton The Virginia Retirement System (VRS) has committed $50 million to Realterm Logistics Income Fund (RLIF).
Investors | Oct 23, 2023 CalPERS announces its search for a new CIO by Lewis Dayton The California Public Employees Retirement System (CalPERS) has announced that it has selected the global executive search firm Dore Partnership to serve as a consultant in the pension fund’s efforts to find its next CIO.
Fundraising | Oct 23, 2023 CBC Healthcare Infrastructure Platform announces second close for life science real assets venture, securing $875m by Released CBC Healthcare Infrastructure Platform (CBC HIP), an independent life science real assets platform in China, has held a second close of its first life science real assets venture.
Fundraising | Oct 23, 2023 Newcore Capital targets €439m equity raise for core-plus fund by Released Newcore Capital, a U.K.-focused real estate investment manager specializing in social infrastructure, has plans to raise £375 million (€439 million/$456 million) for a new core-plus strategy.
Transactions | Oct 23, 2023 Azora secures €640m financing package for Spanish affordable residential rental platform Nestar by Released Azora has agreed a €640 million ($679 million) financing package with a group of banks and insurers for its Spanish affordable residential rental platform, Nestar.
Research | Oct 23, 2023 56% of United Kingdom Golden Triangle life sciences development pipeline still in pre-planning phase by Released The U.K. Golden Triangle’s 1.85 million square feet shortfall of life sciences space risks being exacerbated, according to Knight Frank.
Fundraising | Oct 23, 2023 Principal holds final close of European data center fund by Andrea Zander Principal Asset Management has held a final close of its closed-end fund dedicated to acquiring data center assets in Europe.
Transactions | Oct 23, 2023 PGIM Real Estate acquires Argyle House from Kennedy Wilson by Released PGIM Real Estate has acquired Edinburgh’s renowned Argyle House.
Research | Oct 23, 2023 Grubb Properties’ national survey reveals new trends among young American renters by Andrea Zander More than three-quarters (78 percent) of young renters reported a rent hike in the past year, whereas 22 percent said their rent stayed the same or declined.
Investors | Oct 23, 2023 University of Nebraska’s endowment yields 9.8% return for fiscal year by Lewis Dayton The University of Nebraska Foundation’s endowment has generated a net return of 9.8 percent for the fiscal year that ended June 30.
Investors | Oct 23, 2023 Harvard endowment reports 2.9% return for fiscal year by Lewis Dayton Harvard’s endowment, with $50.7 billion of assets under management, posted a 2.9 percent return for the fiscal year that ended June 30.
Transactions | Oct 20, 2023 Corem to divest €1b properties in Sweden and Copenhagen by Andrea Zander Corem Property Group AB has has plans to divest €1 billion properties.
Transactions | Oct 20, 2023 VICI Properties pays $433m for entertainment centers, entering sector by Andrea Zander VICI Properties has acquired the real estate assets of 38 bowling entertainment centers.
Research | Oct 20, 2023 Nareit publishes ESG Report 2023 by Released Nariet has published its fifth edition of the REIT Industry ESG Report.
Investors | Oct 20, 2023 5.88% net return posted by University of Utah’s endowment in fiscal year by Lewis Dayton The University of Utah’s endowment generated a 5.88 percent return for the fiscal year that ended on June 30, outperforming its benchmark of 5.52 percent.
Research | Oct 20, 2023 Understanding what it means to build and operate a resilient portfolio by Lewis Dayton The understanding of a portfolio's position, risks, and opportunities through data-driven insights will help investors.
Investors | Oct 20, 2023 City of Fresno Retirement System makes $30m commitment to Blue Vista Capital Management by Lewis Dayton The City of Fresno Retirement System (CFRS), with $3.7 billion of assets under management, has committed $30 million to Blue Vista Real Estate Partners Fund (BVREPF) VI.
Transactions | Oct 20, 2023 Mirvac sells stake in 2 Sydney-based assets for $245m by Andrea Zander Mirvac has sold the offices at 60 Margaret Street and the MetCentre in Sydney.
