Newsline

Hammerson is in talks over the sale of the Silverburn shopping center near Glasgow for £140 million (€165 million/$18 million).

Australia-based First Sentier Investors has appointed David Allen to global head of investment management.

South Korea-based Midas Asset Management Co. has bought a logistics center leased to Amazon in Milan for €200 million ($226 million).

St. Modwen Properties, which is owned by funds managed by Blackstone, has acquired a £180 million (€212 million/$240 million) portfolio of urban warehouses from Argo Real estate.

London developer Galliard Homes has teamed up with regional landowner-developer Apsley House Capital and Midlands-based property developer Wavensmere Homes.

LaSalle Investment Management has raised JPY33 billion ($290 million) in blind-pool capital for its flagship open-end fund, LaSalle Japan Property Fund (LJPF).

AEW has launched a new value-add Spanish logistics partnership.

Savills has formed a strategic alliance with SRS Real Estate Partners.

Japan’s multifamily sector presents an opportunity. The fact is yields from residential investments in Japan, compared with 10-year bonds, remain very attractive.

In recent years, China’s logistics sector experienced a record wave of domestic and foreign capital inflows. This kickstarted a modernization phase similar to that happening across Asia Pacific, which arose from a visible shortage of good-quality logistics facilities, with the market relatively non-institutionalized and dominated by older warehouses.

Experiential retail was all the rage heading into 2020. As the retail sector continues to gain momentum in its recovery, are consumers and landlords ready to pick up where they left off prior to the COVID-19 pandemic?

It is not surprising a global pandemic would reshape society and the economy, creating upheaval in the world as we knew it. But with mass vaccination and a return to a more familiar environment, the questions for real estate investors are: What is the new normal? What has changed since COVID-19 swept the globe, and what remains the same?

In this time of acute change in how people use property, some investment managers are viewing the real estate landscape less in terms of which sectors are performing well, and more in terms of property trends within subsectors and submarkets.

The COVID-19 crisis has thrown office investors and occupiers a curveball scarcely contemplated before 2020.

Rainer Nonnengässer, executive chairman at International Campus Group, says that purpose-built student accommodation remains a safe and resilient asset class with plenty of growth upside in Central Europe.