People | Sep 15, 2023 Vandor Real Estate names Jules Choukroun CEO by Kali Persall Vandor Real Estate, the investment vehicle owned by Patron Capital focused on medium-term stay residential rental assets in Spain, has appointed Jules Choukroun as CEO.
Investors | Sep 15, 2023 Connecticut Retirement weighs commitment to Blue Owl, returns 8.5% for fiscal year by Lewis Dayton Connecticut Retirement Plans and Trust Funds (CRPTF) is considering a commitment of $200 million to Blue Owl Real Estate Fund VI.
Investors | Sep 15, 2023 Japan, South Korea primed for data center growth in age of AI by Lewis Dayton There is strong and increasing demand for data centers in South Korea and Japan, and advances in AI will mean that Seoul, Osaka and Tokyo won’t be the only locations for largescale data center development going forward. Those are some of the main takeaways from a recent panel discussion hosted by Mingtiandi.
People | Sep 15, 2023 Delin Property appoints dedicated asset and leasing manager in the Netherlands by Released Delin Property has appointed Florus Paans to oversee and implement asset management and leasing strategies on the 14 properties it operates in the Netherlands.
People | Sep 15, 2023 JLL names Farazia Basarah as Indonesia country head by Released JLL has appointed Farazia Basarah as Indonesia country head.
Investors | Sep 15, 2023 San Jose Police and Fire reports a 7.7% return for fiscal year by Lewis Dayton The $4.7 billion San Jose (Calif.) Police and Fire Department Retirement Plan reported a net return of 7.7 percent for the fiscal year that ended June 30, outperforming its benchmark of 7.5 percent.
Investors | Sep 15, 2023 Investor views on using proptech by Jennifer Molloy Areas for the use of proptech are advancing rapidly, enabling capital allocators to dig deeper into their investment decisions.
Transactions | Sep 15, 2023 Public Storage announces closing of Simply Self Storage acquisition by Released Public Storage announced that it has completed the previously announced acquisition of Simply Self Storage from Blackstone Real Estate Income Trust for $2.2 billion.
Investors | Sep 15, 2023 City of Phoenix Employees commits $20m to Sunbelt-focused multifamily fund by Lewis Dayton The $3.37 billion City of Phoenix Employees’ Retirement System (COPERS) has committed $20 million to American Landmark Fund IV.
Transactions | Sep 15, 2023 Winstanley acquires Windsor Fulfillment Center for $122m by Released Winstanley Enterprises, one of the largest regional owners and operators of commercial real estate in New England, has acquired 200 Old Iron Ore Road in Windsor, Conn. The property was purchased for $122.3 million from German Investor Deka Immobilien Investment GmbH and is leased to Amazon on a long-term basis.
People | Sep 15, 2023 Gwen Leurini joins Marcus Partners as principal, CFO and CCO by Released Marcus Partners announced that Gwen Leurini has joined the firm as principal, chief financial officer and chief compliance officer. She also will serve on the firm’s management committee and chair the compliance and risk committee.
Investors | Sep 15, 2023 Clean Energy Finance Corp., MaxCap announce new investment mandate focused on sustainable-building upgrades by Released The Clean Energy Finance Corp. (CEFC) will leverage the power of private sector capital to finance sustainable-building upgrades, committing up to A$75 million ($48 million) via a new investment mandate. The mandate will target commercial offices, hotels and retail assets to decarbonize a substantial part of the property sector.
People | Sep 14, 2023 RO Group appoints Matteo Scabbia as head of property management by Released The U.K.-based RO Group has announced the appointment of Matteo Scabbia as head of property management. In his new role, Scabbia will be based at the company's London office and will work across the group’s extensive real estate portfolio.
Investors | Sep 14, 2023 The return of the gateway market in multifamily by Lewis Dayton The multifamily market in gateway cities is returning with significant opportunities for investors, said Adam Levin, executive managing director at Levin Johnston, and Robert Johnston, senior managing director at Levin Johnston, in a recent exclusive interview with Institutional Real Estate, Inc.
People | Sep 14, 2023 Former Barings managing director joins Angelo, Gordon & Co. by Kali Persall Maja Lindstrom, former managing director of EMEA business development at Barings, has joined Angelo, Gordon & Co., a $73 billion alternative investment firm focused on credit and real estate investing.
Transactions | Sep 14, 2023 Hines acquires 4 industrial estates from LondonMetric by Kali Persall Hines has acquired a portfolio of four multi-let industrial estates in the West Midlands of the United Kingdom from LondonMetric Property for £40.5 million ($51 million).
Transactions | Sep 14, 2023 ESR Group to build logistics park on 57 acres in India by Kali Persall ESR Group has plans to develop a logistic park in Cuttack, Odisha, India, with an investment of about INR 360 crore ($43 million).
Investors | Sep 14, 2023 Mendocino County returns 8.29% for fiscal year by Lewis Dayton Mendocino County (Calif.) Employees’ Retirement Association, with $664 million AUM, returned a net 8.29 percent for the fiscal year that ended on June 30, above its benchmark of 8.21 percent.
Transactions | Sep 14, 2023 Kennedy Wilson completes construction of three multifamily developments in Ireland totaling 800 units by Released Kennedy Wilson has completed three major residential developments in Dublin.
Investors | Sep 14, 2023 Florida Retirement System returns 7.5% during fiscal year by Lewis Dayton The $188.7 billion Florida Retirement System returned a net gain of 7.5 percent during the past fiscal year, performing below its benchmark of 10.11 percent.
