Transactions | Jan 30, 2024 Clarion Partners Europe pays €270m to Blackstone for logistics portfolio by Andrea Zander Clarion Partners Europe has entered a contract to acquire a portfolio of eight modern logistics properties across Germany and the Netherlands.
People | Jan 30, 2024 Julie Solomon joins Bill Benjamin as co-head of Ares Real Estate by Andrea Zander Julie Solomon, global COO of Ares Real Estate at Ares Management, has been promoted to co-head of real estate alongside Bill Benjamin, current head of real estate. Effective immediately, Solomon and Benjamin together will co-lead the Ares Real Estate business globally.
Transactions | Jan 30, 2024 J. Safra Real Estate to acquire Faneuil Hall Marketplace from Ashkenazy Acquisition Corp. by Released J. Safra Real Estate (JSRE), the real estate arm of the J. Safra Group, has plans to acquire Faneuil Hall Marketplace in Boston.
Fundraising | Jan 30, 2024 GLP Capital Partners holds final close for China Income Fund XII by Lewis Dayton GLP Capital Partners, the global alternative asset manager, has held a final close for its China Income Fund XII (CIF XII), after accumulating RMB 10 billion ($1.41 billion) of assets under management for the fund.
People | Jan 30, 2024 Australia’s Future Fund appoints chair and two board members by Released The Albanese government has appointed the Hon. Greg Combet A.M. as chair of the Future Fund Board of Guardians for a five‑year term.
People | Jan 30, 2024 Joe Pagliari to hold first named clinical professorship at UChicago Booth School of Business by Lewis Dayton Joe Pagliari has been named the inaugural holder of the John Mazarakis and Chicago Atlantic Clinical Professorship at the University of Chicago’s Booth School of Business.Â
Investors | Jan 29, 2024 Investor views on the global office market by Jennifer Molloy Investment in the office sector globally was addressed in a recent virtual roundtable with institutional investors and investment managers. The in-depth strategy session, hosted by Institutional Real Estate, Inc., was moderated by Reno Sio, managing director, Asia Pacific, at IREI.
Research | Jan 29, 2024 AEW’s first global debt funding gap analysis shows Europe is the most challenged market by Released AEW has released its first global Debt Funding Gap (DFG) analysis, which provides insights on the relative refinancing challenges faced by three key regions. The comprehensive study utilized a standardized methodology, incorporating the best available local data on loan maturities, originations and refinancing assumptions.
Research | Jan 29, 2024 Defined contribution pension funds boost real assets allocations, says Aviva Investors research by Andrea Zander More than two-thirds (69 percent) of corporate defined contribution (DC) pension funds expect to increase allocations to real assets over the next two years, up from 51 percent a year earlier.
Research | Jan 29, 2024 Asia Pacific commercial real estate investment volumes rose 3% in Q4 2023 by Andrea Zander Commercial real estate investment in Asia Pacific rose 3 percent year-over-year (y-o-y) in fourth quarter 2023 to $31.6 billion, reversing seven consecutive quarters of decreasing volumes.
People | Jan 29, 2024 Partners Group strengthens real estate business team by Released Partners Group has strengthened its real estate business with the addition of three new senior leaders.
Transactions | Jan 29, 2024 Ares, RXR JV believes NYC office market isn’t dead, plans to invest $500m in the sector by Andrea Zander RXR and Ares Management have partnered to create a $500 million joint venture to buy distressed office properties in New York City.Â
Investors | Jan 29, 2024 Blackstone raises additional $1b for Blackstone Real Estate Partners Europe VII by Lewis Dayton Blackstone reported that in the fourth quarter of 2023 it raised an additional $1 billion for Blackstone Real Estate Partners Europe VII (BREP Europe VII), which is now positioned with $5.1 billion of committed capital, and an additional $230 million for Blackstone Real Estate Debt Strategies V (BREDS V), which began investing in December.
Investors | Jan 29, 2024 New York Teachers renews real estate agreements with five firms by Lewis Dayton The New York State Teachers’ Retirement System (NYSTRS) has renewed one-year agreements with five different firms within its real estate strategy.
Research | Jan 26, 2024 Manufacturing sector experiences more attacks in the cloud than any other industry by Released About 64 percent of companies in the manufacturing sector suffered a cyberattack during the preceding 12 months.
Transactions | Jan 26, 2024 Harrison Street, PowerHouse Data Center closes on data center campus site in Virginia by Released PowerHouse Data Centers, a developer and owner of next-generation data centers fully owned by American Real Estate Partners (AREP), has completed the purchase of 145 acres in Spotsylvania, Va., to serve as the site of the PowerHouse 95 data center campus.
People | Jan 26, 2024 Abby Bowden joins Cortland as vice president of investor relations by Released Abby Bowden has joined Cortland as vice president of investor relations.
Investors | Jan 26, 2024 Almanac Realty Investors provides another $300m capital Investment to CIP Real Estate by Andrea Zander Almanac Realty Investors, a business unit of Neuberger Berman, has made an additional $300 million capital allocation to CIP Real Estate.
Transactions | Jan 26, 2024 Henley Investment Management launches drive into U.S. car-wash market by Released Henley Investment Management has acquired its first and second sites in Tampa, Fla., after the earlier launch of a new car-wash platform in the United States.
Research | Jan 26, 2024 A record 55,000 office-to-apartments expected in major cities by Andrea Zander From 2021 to 2024, the number of apartments scheduled for conversion from old office spaces increased from 12,100 to 55,339, according to RentCafe.
