Transactions | Jan 10, 2023 JLL markets commercial block for $210m by Released Manhattan House, a collective sale site along Chin Swee Road in Singapore, has just been launched for sale by tender by sole marketing agent JLL.
Transactions | Jan 10, 2023 APAC Realty to up stakes in Vietnam-based real estate firms by Andrea Zander Real estate services provider APAC Realty, the operator of the ERA brand, has plans to increase its stake in ERA Vietnam to 60 percent from an initial 38 percent stake acquired in February 2020.
People | Jan 10, 2023 AIMCo appoints international investment leader by Kali Persall Alberta Investment Management Corporation (AIMCo) has appointed David Scudellari as senior executive managing director, head of international investment.
Investors | Jan 10, 2023 CBRE IM to manage $3b real estate mandate in Singapore by Kali Persall CBRE Investment Management has signed an investment management agreement to take over the management of a $3 billion real estate portfolio currently managed by Income Insurance, a composite insurer in Singapore. The portfolio includes direct and indirect holdings across Asia Pacific, North America and EMEA.
Transactions | Jan 10, 2023 Goodman to deliver new logistics scheme in England by Released Goodman has secured planning consent to transform Vauxhall’s former aftersales warehouse in Luton, Bedfordshire, England, into a 1.2-million-square-foot industrial and logistics park.
Fundraising | Jan 10, 2023 M&G Real Estate launches new European living fund by Kali Persall M&G Real Estate has launched a new European property fund.
Transactions | Jan 10, 2023 New York City REIT announces change of name to American Strategic Investment Co. by Released New York City REIT has changed its name to American Strategic Investment Co. effective on January 19, 2023, and the company will begin trading under the new name on January 20, 2023.
Transactions | Jan 10, 2023 Dream Office REIT announces $100m sale by Released Dream Office REIT has sold the sale of 720 Bay Street.
Transactions | Jan 10, 2023 Vantage Data Centers enters London market with €566m investment by Andrea Zander Vantage Data Centers has entered the London market.
Transactions | Jan 9, 2023 Barings completes sale of logistics asset in Paris suburbs by Released Barings has completed the sale of an asset in Saint-Ouen l’Aumône, France.
Transactions | Jan 9, 2023 $1b JRK Property Holdings multifamily fund makes first 2 acquisitions by Released JRK Property Holdings has made the first two acquisitions for its newest multifamily value-add fund: the $1 billion JRK Platform V.
Research | Jan 9, 2023 Schroders’ Outlook 2023: Emerging markets by Andrea Zander The economic outlook for 2023 is weak, and uncertainty and volatility may remain elevated in the near term.
Transactions | Jan 9, 2023 Patron, Bluestone and FREO invest in Milan resi scheme by Andrea Zander Patron Capital, together with Bluestone, and FREO Group, has agreed to the acquisition of a development site in the southeast of Milan.
People | Jan 9, 2023 RCLCO Fund Advisors promotes Simon Soomekh to managing director by Kali Persall RCLCO Fund Advisors (RFA) has promoted Simon Soomekh, who serves as principal and director of investments, to the position of managing director.
Investors | Jan 9, 2023 CRPTF plans up to $550m of real estate investments in 2023 by Kali Persall The Connecticut Retirement Plans and Trust Funds (CRPTF) is planning to make about $850 million of investments on behalf of its infrastructure and natural resources portfolio in 2023, depending on the growth of the overall fund assets.
Investors | Jan 9, 2023 Texas TRS pours $250m in Oak Street, Principal real estate funds by Kali Persall The Teacher Retirement System (TRS) of Texas has committed $250 million to two real estate funds.
Transactions | Jan 9, 2023 Four Canadian gaming properties sells for $202m by Released VICI Properties has acquired the PURE Portfolio.
Transactions | Jan 9, 2023 VICI Properties completes $1.27b acquisition of MGM Grand Las Vegas and Mandalay Bay JV by Released VICI Properties has closed on the previously announced acquisition of the remaining 49.9 percent interest the MGM Grand Las Vegas and Mandalay Bay Resort.
Fundraising | Jan 9, 2023 Invel Real Estate JV buys five-star hotel in Greece, launches new fund by Released Invel Real Estate and Prodea Investments have acquired White Coast Pool Suites, a five-star luxury hotel on the Greek island of Milos.
Investors | Jan 9, 2023 Précis Capital Partners, QuadReal announce €1.1b partnership by Andrea Zander Canadian QuadReal Property Group has acquired an interest in Précis Capital Partners, the real estate development lending platform, and will commit as much as £1 billion (€1.1 billion/$1.2 billion) to deploy into its development loans.
