Transactions | Sep 6, 2023 Swire Properties bids for $1.3b stake in Shanghai-based mixed-use projects by Andrea Zander Hong Kong–based Swire Properties has submitted bids worth a combined 9.71 billion yuan ($1.34 billion) for a 40 percent stake in two mixed-use projects in Shanghai’s Pudong district.
People | Sep 6, 2023 Mohr Partners expands in Los Angeles, adds Darren Shibuya as managing partner by Darren Shibuya Darren Shibuya has joined Mohr Partners as managing partner for its Los Angeles office.
Transactions | Sep 6, 2023 Ashland Greene closes Value-Add Fund VI property deal by Released Ashland Greene, the Dallas-based multifamily real estate investment firm, has confirmed the closing of its Value-Add Fund VI deal.
Transactions | Sep 6, 2023 CareTrust REIT acquires Southern California skilled nursing facility in JV investment by Released CareTrust REIT has completed a joint venture investment to acquire La Fuente Post Acute.
Transactions | Sep 6, 2023 Principal Asset Management adds two data center facilities in Ireland by Kali Persall Principal Asset Management has completed the acquisition of two detached data centers.
Investors | Sep 6, 2023 New York State commits $10m to Brasa Real Estate Fund III by Lewis Dayton The $254 billion New York State Common Retirement Fund (NYSCRF) has committed $10 million to Brasa Real Estate Fund III.
Investors | Sep 6, 2023 JD Logistics appoints BNP Paribas Real Estate for European expansion by Released JD Logistics, part of China’s ecommerce and technology company JD.com, has mandated BNP Paribas Real Estate for its business expansion in Europe.
Transactions | Sep 6, 2023 U.K.-focused REIT buys mall in Edinburgh by Released Capital & Regional has completed the acquisition of The Gyle Shopping Center in Edinburgh, Scotland.
People | Sep 6, 2023 Jared Melnik joins Bain Capital Real Estate as managing director by Andrea Zander Jared Melni has joined Bain Capital Real Estate as managing director.
Fundraising | Sep 5, 2023 IndoSpace Logistics Parks IV fundraising reaches $393m with second close led by QIA and Grosvenor by Andrea Zander IndoSpace has completed its second round of fundraising.
Transactions | Sep 5, 2023 Chevron acquires more than 77 acres in Bridgeland Central by Released Chevron U.S.A. Inc. has purchased more than 77 acres in Bridgeland Central.
Transactions | Sep 5, 2023 Hines invests in digital ecosystem by Released Hines has plans to invest in a new digital ecosystem for buildings.
People | Sep 5, 2023 Jonathan Pruzan, former Morgan Stanley COO and CFO, joins Pretium as president by Released Jonathan Pruzan has joined Pretium as president.
Fundraising | Sep 5, 2023 Madison International Realty holds $1.7b final close by Andrea Zander Madison International Realty has held a final closing of Madison International Real Estate Liquidity Fund VIII.
Research | Sep 5, 2023 Global cross regional capital flows drop 52% in first half of 2023 by Andrea Zander Global cross-regional capital flows between North America, Europe and Asia Pacific totaled $30.5 billion in first half 2023, down 52 percent compared to first half 2022.
Research | Sep 5, 2023 9 in 10 companies will return-to-office by 2024 by Andrea Zander Nine in 10 companies will have returned to the office (RTO) by 2024, according Resumerbuilder, which surveyed 1,000 company decision makers.
Research | Sep 5, 2023 187,000 new jobs added in August continue to signal an easing labor market by Lewis Dayton The U.S. economy added 187,000 jobs in August, in line with most estimates, and the unemployment rate rose by 0.3 percentage points to 3.8 percent, as the number of unemployed persons jumped by 514,000, to 6.4 million.
Investors | Sep 5, 2023 Nuveen Real Estate secures €40m capital commitment for European Value Add strategy by Andrea Zander Nuveen Real Estate has secured a further €40 million ($43 million) in capital commitments for its pan-European diversified Value Add strategy, from a Canadian institutional investor.
People | Sep 5, 2023 CBRE hires European head of living capital markets by Released CBRE has hired Jeremy Eddy as head of living capital markets for Europe.
Research | Sep 5, 2023 Asia Pacific: Tourism's tailwind will keep blowing, but with less force by Andrea Zander Tourism in Asia has held up well in recent months, but the sector’s recovery is likely to lose pace in the next few quarters, according to Oxford Economics.
