Research | Jul 11, 2023 Asia Pacific logistics occupiers plan to expand warehouse portfolio by Andrea Zander Logistics occupiers in Asia Pacific plan to expand their warehouse portfolio in the next three years, with a focus on high-quality facilities located in prime areas near customers and public transport.
Investors | Jul 11, 2023 DFI, Argo Real Estate launch U.K. urban logistics platform by Andrea Zander Deutsche Finance International has launched a U.K. urban logistics platform in joint venture with Argo Real Estate.
Research | Jul 11, 2023 Record-setting activity ebbs as real estate market slows down by Released The agriculture real estate market entered a period of de-escalation beginning in the fourth quarter of 2022, reports Farmers National Company.
People | Jul 10, 2023 FS Investments names Chris Condelles CFO of FS Credit REIT by Andrea Zander FS Investments has recently appointed Chris Condelles as CFO of FS Credit REIT.
People | Jul 10, 2023 Juniper Square appoints former SS&C executive Christine Egbert as general manager, fund administration by Released Juniper Square has hired Christine Egbert as general manager, fund administration.
Transactions | Jul 10, 2023 CBRE Investment Management secures new finance facility for Pan Europe logistics strategy by Released CBRE Investment Management (CBRE IM) has secured a new finance facility for its Pan Europe Logistics strategy.
Research | Jul 10, 2023 Senior housing occupancy rate increases for eighth consecutive quarter by Andrea Zander The senior housing occupancy rate for the NIC MAP Primary Markets increased to 83.7 percent in the second quarter of 2023, up 0.6 percentage points from the first quarter and marking eight consecutive quarters of increases, according to data from NIC MAP Vision analyzed by the National Investment Center for Seniors Housing & Care (NIC).
Investors | Jul 10, 2023 TRSL to invest in two value-added funds by Andrea Zander Teachers' Retirement System of Louisiana (TRSL) has plans to invest in two funds, according to its July meeting materials.
Transactions | Jul 10, 2023 Muse secures €643m mixed-use contract from Oldham Council, U.K. by Andrea Zander Oldham Council, United Kingdom, has appointed Muse as a developer.
Transactions | Jul 10, 2023 Worldwide Hotels Group makes another high-priced hotel acquisition by Andrea Zander Legend Land Melbourne, a subsidiary of Worldwide Hotels Group, has acquired Novotel & ibis Melbourne Central Hotel for A$170 million ($112.8 million).
Research | Jul 10, 2023 REITs rise more than 5% in June by Loretta Clodfelter U.S. equity REITs put out a strong performance in June, as the Federal Reserve took a breather.
Investors | Jul 10, 2023 New York State Common Retirement Fund commits $300m to Waterton Associates by Andrea Zander New York State Common Retirement Fund (NYSCRF) has committed $300 million to Waterton Residential Property Venture XV, a value-added fund managed by Waterton Associates.
Transactions | Jul 10, 2023 Cromwell Property Group to acquire Australian Unity Property by Andrea Zander Cromwell Property Group has announced a merger of its Cromwell Direct Property Fund (CDPF) with the Australian Unity Diversified Property Fund (AUDPF).
Research | Jul 10, 2023 U.S. adds 209,000 jobs in June by Loretta Clodfelter The U.S. economy added 209,000 jobs in June — fewer than forecast — and the unemployment rate edged down to 3.6 percent, according to the Bureau of Labor Statistics.
Research | Jul 10, 2023 Investing in self-storage real estate remains desirable by Andrea Zander The self-storage sector is favorably positioned for resilience and out-performance throughout cycles as its fundamental demand drivers rely less on economic growth and more on demographics and life changes.
People | Jul 7, 2023 Texas Permanent School Fund names Britt Harris acting CEO by Andrea Zander Thomas Britton “Britt” Harris IV has joined Texas Permanent School Fund (PSF) Corporation as its acting CEO, a role he will serve in while the Texas PSF conducts a hire search.
Investors | Jul 7, 2023 New York State Retirement Fund posts negative annual investment return by Andrea Zander New York State Comptroller Thomas P. DiNapoli’s announced that the New York State Common Retirement Fund’s investment return was -4.14 percent for the state fiscal year that ended March 31, 2023. The fund closed the year valued at $248.5 billion.
People | Jul 7, 2023 Douglas Doughty joins Bain Capital Real Estate as managing director by Released Douglas Doughty has joined Bain Capital Real Estate as its managing director.
Research | Jul 7, 2023 APAC occupiers challenged by complex, inconsistent hybrid work models, says Colliers by Released Colliers’ Global Occupier Outlook 2023 report has found APAC office occupiers are grappling with the complexities of the hybrid work model as they attempt to strike a balance between providing employees with desired flexibility and realigning their portfolios for the next evolution of the workplace.
Transactions | Jul 7, 2023 LondonMetric Property sells 5 long-income and urban assets for €50m by Released LondonMetric Property has exchanged on the sale of five assets for £42.8 million (€50 million/$54 million).