Research | Dec 1, 2022 U.K. life sciences sector to maintain strong growth trajectory despite market normalization by Andrea Zander The U.K. life sciences sector will maintain its strong growth trajectory, despite investment market normalization since the 2021 boom.
Real estate megatrends are driving change in the real estate investment market by Loretta Clodfelter It can be easy to get caught up in the trees of day-to-day investment work — capital calls and quarterly results, deal making and committee meetings, the movement of 25 basis points — without pausing to look up and see the forest.
Transactions | Nov 30, 2022 Triangle Equities JV breaks ground on $500m mixed-use development in N.J. by Andrea Zander Triangle Equities with its co-investment partners Goldman Sachs, Basis Investment Group and co-developer Incline Capital, has broken ground on its $500 million mixed-use redevelopment project, The Crossings at Brick Church Station, in East Orange, a suburb of Newark in Essex County.
Transactions | Nov 30, 2022 Equinix enters Malaysia with $40m data center investment by Released Equinix has entered Malaysia with plans to build a new International Business ExchangeTM (IBX®) data center located in Johor, called JH1.
Investors | Nov 30, 2022 Iowa Public Employees' seeks noncore real assets manager, winds up for $400m of allocations by Kali Persall The Iowa Public Employees' Retirement System (IPERS) has issued an RFP seeking noncore real asset equity products, and a manager to provide investment services for these products.
Investors | Nov 30, 2022 Macomb County Employees' slates $10m for Mavik Capital fund by Kali Persall The Macomb County (Mich.) Employees' Retirement System has approved a $10 million investment to an opportunistic investment firm.
Investors | Nov 30, 2022 Accord Group achieves final close for first institutional commingled fund by Kali Persall Accord Group has closed its first institutional commingled fund with around $105 million in equity commitments.
Investors | Nov 30, 2022 Jacksonville Police & Fire allocates $20m for Bell Partners Value Add Fund VIII by Kali Persall The Jacksonville (Fla.) Police & Fire Pension Fund (PFPF) has approved a $20 million commitment to Bell Partners Value Add Fund VIII on behalf of its noncore real estate allocation, according to a Nov. 18 board meeting document.
Transactions | Nov 30, 2022 Allegra, Moorfield JV acquires 183-bed care home portfolio by Andrea Zander A joint venture between Allegra Care, a U.K.-focused care home operator, and Moorfield Group, a U.K. specialist real estate fund manager acting on behalf of Moorfield Real Estate Fund V (Moorfield V), has completed the acquisition of four nursing, dementia and care homes in Bristol and South Gloucestershire.
Transactions | Nov 30, 2022 Thor Equities Group continues industrial expansion in Greater L.A. market by Released Thor Equities Group has acquired the 83,227-square-foot industrial asset in the West Inland Empire in California. It is the firm’s third industrial acquisition in the Greater Los Angeles region.
Transactions | Nov 30, 2022 TerraCap acquires two class A industrial buildings near Savannah for $116m by Released Broe Real Estate Group has closed the $116 million sale of Savannah Gateway 1F & 1H.
Transactions | Nov 30, 2022 Australian investor sells super-regional mall in Pittsburgh for $46m by Andrea Zander QIC US Management, U.S. subsidiary of Australian-based QIC, has sold the Mall at Robinson, a two-level, super-regional mall totaling 874,553 square feet in Pittsburgh.
Investors | Nov 30, 2022 Real estate secondaries provide alternative liquidity source for LPs and GPs by Loretta Clodfelter Investors are looking to alternative forms of liquidity in the current market environment, including real estate secondaries.
Research | Nov 30, 2022 New York’s Fifth Avenue crowned world’s most expensive shopping street by Andrea Zander New York’s Fifth Avenue has reclaimed its position as the world’s most expensive retail street, with average rents of $2,000 per square foot per year,
Research | Nov 29, 2022 M&G’s 2023 Global Real Estate Outlook report highlights continuing opportunities despite fundamental shifts in economic backdrop by Andrea Zander Despite property yields under increasing pressure globally in the wake of rising interest rates and evident investor risk aversion, much of the real estate market is offering prospects for income and growth, according to M&G’s end-of-year Global Real Estate Outlook report.
Investors | Nov 29, 2022 Gulf International Bank (U.K.) Limited Pension Scheme enlists Aon to provide investment advisory services by Kali Persall The £150 million ($180 million) Gulf International Bank (U.K.) Limited Pension Scheme has appointed Aon to provide investment advisory services, following a competitive tender process.
Transactions | Nov 29, 2022 Boston Properties sells trophy Northern Virginia multi-housing community trades for $141m by Released Boston Properties has sold The Avant, a 359-unit, trophy multi-housing community located in Reston, Va., for $141 million.
Research | Nov 29, 2022 European office buildings with sustainability certifications command 6% rental premium by Andrea Zander Office buildings that meet environmental, social and governance (ESG) standards command higher average rents.
Transactions | Nov 29, 2022 Aviva invests €92.7m in U.K. social housing by Andrea Zander Aviva Investors has completed a €92.7 million ($96.2 million) placement in Cross Keys Homes (CKH), a social housing association based in Peterborough, Cambridgeshire.
Transactions | Nov 29, 2022 NVELOP develops second German logistics site for Ivanhoé Cambridge by Andrea Zander Ivanhoé Cambridge has plans for a second German logistics project development in partnership with the logistics real estate specialist NVELOP.
