Research | Jan 9, 2023 €3.4b of hotel transactions in 2022 by Andrea Zander Approximately $3.65 billion of U.K. hotel transactions took place in 2022.
SPONSORED: Greystar – ‘Conservatively optimistic’ about rental housing fundamentals by Jennifer Babcock Robust rent growth and high occupancy — buoyed by a supply/demand imbalance in the rental housing market — continue to provide a strong incentive for investors in the rental housing market.
SPONSORED: GID – A good time to provide ‘transitional, creative capital’ by Jennifer Babcock GID rolled out a new credit platform, GID Credit, in October of 2022. The plan had been in the works for a number of years, but the timing worked well, given the macro environment 2022 offered.
SPONSORED: Equus Capital Partners – Investing with skin in the game changes the game by Jennifer Babcock
Investors | Jan 6, 2023 SWIB finishes 2022 with slew of real estate commitments by Kali Persall The State of Wisconsin Investment Board (SWIB) has unveiled a series of real estate commitments made throughout third quarter 2022.
Investors | Jan 6, 2023 Wayne County Employees' Retirement System undertakes search for investment consultant by Kali Persall Wayne County (Mich.) Employees’ Retirement System has launched an RFP seeking an investment consultant for its $1 billion defined benefit plan.
Research | Jan 6, 2023 U.S. economy adds 223,000 jobs in December by Loretta Clodfelter Total nonfarm payroll employment increased by 223,000 jobs in December, according to the Bureau of Labor Statistics, and the unemployment rate edged down to 3.5 percent. The gain in jobs — the lowest monthly total in 2022 — was in line with forecasts.
Research | Jan 6, 2023 Mall visits during December increase again; “incredibly positive sign” heading into 2023 by Andrea Zander In 2022, shopping malls experienced whiplash after a post-pandemic boom was met with increasingly difficult economic headwinds.
Transactions | Jan 6, 2023 Remedy Medical Properties, Kayne Anderson Real Estate acquire $131m, 13-property portfolio by Released Joint venture partners Remedy Medical Properties and Kayne Anderson Real Estate have acquired the Project Prism (Montecito) Portfolio.
Transactions | Jan 6, 2023 Avant Homes to deliver 726 new homes in UK worth €232m by Released Avant Homes has announced the launch of its seventh region with five developments.
People | Jan 6, 2023 Digital Realty appoints Serene Nah as managing director, head of Asia Pacific by Released Digital Realty has appointed Serene Nah as managing director, head of Asia Pacific.
Transactions | Jan 6, 2023 LTC invests $128m in 12 assisted-living/memory-care properties in North Carolina by Released LTC Properties has made a $128 million investment in 12 assisted-living/memory-care properties, totaling 937 licensed beds in 568 units.
Research | Jan 6, 2023 REITs drop 5% in December, decline by nearly one-quarter in 2022 by Loretta Clodfelter REITs dropped 5.1 percent in December, according to the FTSE Nareit Equity REIT Index, and fell 24.4 percent in the past year.
People | Jan 6, 2023 Thomas Charvet appointed new managing director of Greystar France by Released Greystar Real Estate Partners has appointed Thomas Charvet as managing director of Greystar France.
Research | Jan 6, 2023 BIRA calls sharp rate of shop closures ‘frightening’ by Released The British Independent Retailers Association has said the sharp rise in shop closures during the past 12 months is “frightening.”
Research | Jan 6, 2023 Record demand for senior housing was seen in 2022 by Andrea Zander The senior housing occupancy rate increased 0.9 percentage points from 82.1 percent in third quarter 2022 to 83.0 percent in fourth quarter 2022, according to data from NIC MAP Vision. The occupancy rate has increased 5.2 percentage points from a pandemic low of 77.8 percent in second quarter 2021.
Transactions | Jan 6, 2023 COIMA officially starts work on 2026 Winter Olympic Village, building permit granted by Released COIMA has obtained a building permit, together with a number of other planning agreements, from the Municipality of Milan for the 2026 Winter Olympic Village.
Investors | Jan 5, 2023 LACERA looks to place $1.2b in core real estate in 2023 by Kali Persall The Los Angeles County Employees Retirement Association (LACERA) is planning to invest $1.2 billion in core real estate in 2023, in line with a pacing model approved by the board in 2022.
People | Jan 5, 2023 Amro Partners appoints Rainer Nonnengässer to lead push into new European markets by Released Amro Partners has welcomed Rainer Nonnengässer as a senior managing director, leading its drive into new European student housing markets, including Germany, the Netherlands and Austria.
Transactions | Jan 5, 2023 Patrizia fund acquires retail outlet center in Denmark for €52m by Released A joint venture between CapMan Nordic Real Estate Investment and Agat Ejendomme A/S has signed a sale-and-purchase agreement for the sale of Ringsted Outlet.
