Transactions | Dec 19, 2022 Shorenstein Properties sells campus in Charlotte’s University Research Park by Released Shorenstein Properties has sold the Commons at the Park, at 6800 Solectron Drive, Charlotte, S.C.
Investors | Dec 19, 2022 Landmark Properties expands portfolio into Connecticut with Manulife Investment Management partnership to develop residential apartments by Released Landmark Properties has formed a new build-to-core joint venture with Manulife Investment Management.
Investors | Dec 19, 2022 Illinois Municipal Retirement Fund approves $100m of commitments to latest Oak Street fund by Kali Persall The Illinois Municipal Retirement Fund (IMRF) has greenlighted a commitment of up to $100 million in Oak Street Real Estate Capital Fund VI.
Transactions | Dec 19, 2022 Keppel acquires office tower in Seoul’s CBD for $168m by Andrea Zander Keppel Land, Keppel Asia Macro Trends Fund IV (KAMTF IV) and KB Bank Discretionary Fund have entered into agreements for the proposed acquisition of Samhwan Building, a freehold 15-story office tower located in Seoul at a purchase price of $168 million.
Transactions | Dec 19, 2022 AEW acquires Swiss Life Asset Managers headquarters in Cologne, Germany by Released AEW has agreed to acquire Grand Slam.
Transactions | Dec 19, 2022 PATRIZIA's flagship fund buys French logistics portfolio by Released PATRIZIA PanEuropean Property Limited Partnership has acquired three logistics assets in France on behalf of its institutional clients, reaching a total gross asset value of €1 billion ($1.1 billion).
Fundraising | Dec 19, 2022 CapitaLand, Ally Logistic Property, Pruksa Holding establish logistics fund in Southeast Asia by Kali Persall CapitaLand Investment (CLI), Ally Logistic Property (ALP) and Pruksa Holding PCL (PSH) have launched a S$1 billion ($736 million) logistics fund.
Investors | Dec 19, 2022 Pennsylvania PSERS approves commitments to Bell Partners, Angelo Gordon real estate funds by Kali Persall The Pennsylvania Public School Employees' Retirement System (PSERS) has approved two real estate investment commitments.
Transactions | Dec 19, 2022 Icona Capital acquires 40% stake in Stoneweg by Released London-based Icona Capital has acquired a 40 percent minority stake in global real estate investment company, Stoneweg S.A.
Transactions | Dec 19, 2022 MRP Realty, Asana Partners JV acquire HQ to convert into urban loft-style residential units by Andrea Zander MRP Realty and Asana Partners have bought Duke Energy headquarters building at 526 S. Church Street in Charlotte, N.C.
Fundraising | Dec 16, 2022 The Empira Group launches new urban living fund by Kali Persall The Empira Group has launched a new fund for institutional investors — EMPIRA Urban Living fund.
Fundraising | Dec 16, 2022 Greystar Credit Partners III achieves final close by Kali Persall Greystar Real Estate Partners — a firm focusing on the investment, development and management of real estate, including rental housing, logistics and life sciences — has confirmed the final closing of Greystar Credit Partners III (GCP III).
Transactions | Dec 16, 2022 UK specialist care investor pays €230m for property portfolio by Andrea Zander Civitas Investment Management announced its £200 million (€230 million/$244 million) acquisition.
Research | Dec 16, 2022 Moderate U.S. recession will slow leasing, investment, but opportunities emerging by Andrea Zander CBRE foresees a moderate recession in 2023 that will bring declines in real estate investment and leasing activity, though inflation will recede by year end and well-capitalized investors still will be able to make deals, according to the company’s 2023 U.S. Real Estate Outlook.
KREST purchases multifamily portfolio in Japan by Andrea Zander KKR Real Estate Select Trust (KREST) has completed the purchase of a portfolio of 39 newly built multifamily properties in Tokyo, Japan.
People | Dec 16, 2022 Cousins Properties names new CIO by Released Cousins Properties has promoted Kennedy Hicks to the role of CIO.
Transactions | Dec 16, 2022 $1b, 4msf mixed-use project to transform Miami river waterfront by Andrea Zander The Chetrit Group has plans to develop The River District.
Transactions | Dec 16, 2022 Invesco Real Estate, Logport Development to develop major last-mile Prague logistics park for U.S. client by Released Invesco Real Estate has committed to develop a last-mile logistics facility strategically located in Prague.
Transactions | Dec 16, 2022 Harrison Street sells four student housing assets within UK PBSA portfolio by Released Harrison Street has sold four purpose-built student housing properties in the United Kingdom to City Developments Limited (CDL).
Transactions | Dec 16, 2022 Highwoods, Granite Properties JV acquires mixed-use asset in Dallas for $395m by Andrea Zander Highwoods Properties has acquired McKinney & Olive, a 557,000-square-foot trophy mixed-use asset in the heart of Uptown Dallas, in a 50-50 joint venture with Granite Properties.
