Research | Nov 4, 2022 October sees increase of 261,000 nonfarm payroll jobs by Loretta Clodfelter The U.S. economy added 261,000 nonfarm payroll jobs in October.
Fundraising | Nov 4, 2022 Castlelake Income Opportunities II completes $782m final close by Kali Persall Castlelake, a global alternative investment manager focused on investments in real assets, specialty finance and aviation, has completed the final closing of its Castlelake Income Opportunities II (CIO II) with $782 million of capital commitments.
Investors | Nov 4, 2022 San Diego City Employees backs noncore Waterton real estate fund by Kali Persall The San Diego City Employees’ Retirement System (SDCERS) has approved a $25 million commitment to Waterton Residential Property Venture XV (Waterton XV) on behalf of its real estate portfolio, according to Nov. 3 board meeting minutes.
Research | Nov 4, 2022 MetLife Investment Management: Opportunities in moderate-income rental housing by Andrea Zander Due to a number of factors, including rising income inequality in the United States, a large pool of rental properties has gone mostly unnoticed by the institutional investor community.
Investors | Nov 4, 2022 GPIF announces $11b investment loss for recent quarter by Kali Persall Japan’s Government Pension Investment Fund (GPIF) has reported a loss of 0.88 percent for the third quarter of the year, marking its third consecutive quarter of negative returns.
Transactions | Nov 4, 2022 Landmark Properties acquires student housing property in Orlando by Released Landmark Properties has acquired Knightshade.
Research | Nov 4, 2022 Healthcare sector persists despite mounting pressures and disruptions by Andrea Zander The past few years tested the healthcare industry in unanticipated ways, adding stress on systems to contain costs in a tight labor market all while preparing for economic uncertainty.
Investors | Nov 3, 2022 No end in sight for European logistics rental growth by Marek Handzel Rental growth in the logistics sector is showing no signs of slowing at present, as tenants continue to compete aggressively for space in Europe’s core markets.
Research | Nov 3, 2022 Real estate industry expects tough year ahead in Europe, with reduced finance, declining values and looming recession by Released Real estate business confidence and expectations of profitability have dropped to a low level, reflecting widespread industry concerns across an array of indicators for the business, political and real estate environments.
Investors | Nov 3, 2022 GIC and ESR establish $600m JV to invest in core industrial and logistics assets in India by Andrea Zander GIC and ESR Group has announced an 80-20 strategic partnership to establish a $600 million joint venture (known as Core JV) to acquire income-producing core industrial and logistics assets in India.
Transactions | Nov 3, 2022 Veris Residential unanimously rejects unsolicited proposals from Kushner Cos. by Released Veris Residential has unanimously rejected Kushner Cos. unsolicited proposals to acquire the company.
Investors | Nov 3, 2022 Carlyle makes $350m investment in solar developer for C&I markets by Andrea Zander Funds managed by Carlyle have invested $350 million in Aspen Power Partners, a solar and storage developer.
Fundraising | Nov 3, 2022 Boston Financial closes its third low-income housing tax credits fund this year by Kali Persall Boston Financial has closed its $164 million Boston Financial Institutional Tax Credits 57 Limited Partnership (ITC 57) vehicle.
Investors | Nov 3, 2022 Missouri LAGERS makes first-time investment with Redcar by Kali Persall The $9.7 billion Missouri Local Government Employees Retirement System (LAGERS) has committed $40 million in a first-time commitment to Redcar Fund II, and is planning to do more in co-investments.
Transactions | Nov 3, 2022 Timberland REIT acquires 172,400 acres for $474m from Manulife IM by Andrea Zander Rayonier has acquired approximately 172,400 acres of high-quality commercial timberlands.
Fundraising | Nov 3, 2022 CapitaLand Investment brings two business park funds to market in China by Kali Persall CapitaLand Investment has launched two new funds to invest in business park opportunities in China.
Transactions | Nov 3, 2022 Europe’s largest data center to be delivered in London by Kali Persall Havering Council has been in negotiations with private sector developer Digital Reef to build Europe’s largest data center in the eastern London borough of Havering.
Investors | Nov 3, 2022 USAA Real Estate, Packaged Living form U.K. BTR JV by Andrea Zander USAA Real Estate (USSARE) and U.K. build-to-rent (BTR) investor Packaged Living have entered into a new joint venture to develop a portfolio of multifamily BTR assets in the United Kingdom.
Investors | Nov 3, 2022 RET Ventures partners with Plugzio to accelerate adoption of EV charging across the multifamily sector by Released Plugzio , announced the close of its seed round led by RET Ventures.
Fundraising | Nov 2, 2022 Arminius seeks €1b for new open-ended sustainable office fund by Kali Persall Arminius Group, an independent transaction, asset and fund manager with a focus on sustainable commercial real estate within Germany, has launched an open-ended special alternative investment fund with a target fund size of up to €1 billion ($990 million).
