Transactions | Oct 31, 2022 U.S. firm buys in Spanish industrial scheme, part of €600m investment plan by Andrea Zander Stoneweg SA has completed, on behalf of the Icona Capital Group, the sale of the former bottling plant of Casbega in Fuenlabrada, a large industrial site in Madrid, to Thor Equities.
Fundraising | Oct 31, 2022 Crescent Real Estate closes third real estate fund by Kali Persall Crescent Real Estate has closed a third investment vehicle, known as GP Invitation Fund III, after an invitation-only campaign raised $265 million from existing and new private investors.
Research | Oct 31, 2022 European office markets star to rebalance by Released Despite negative investor sentiment, the European office occupier market indicators show solid post-COVID recovery, according to AEW.
Research | Oct 31, 2022 MIM: Investment opportunities in private commercial mortgage investments by Andrea Zander Today, new commercial mortgage investment vehicles are emerging every year, and the asset class is becoming more accessible to a broader range of investors.
People | Oct 31, 2022 NPS CIO vacates role after four years by Kali Persall South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, is seeking a new CIO after the recent exit of the pension fund’s longest-serving CIO, Ahn Hyo-joon, on Oct. 18.
Research | Oct 31, 2022 Manulife Investment Management assesses risks, opportunities in a time of global change and historic headwinds by Andrea Zander Manulife Investment Management released its latest Global Intelligence report, highlighting new research from the firm’s investment teams across public and private markets.
Transactions | Oct 31, 2022 $2.5b Dallas development breaks ground by Andrea Zander De La Vega Development and StreetLights Residential have broken ground on Phase I of The Central, a 27-acre mixed-use project located at the corner of North Haskell Avenue and the Dallas North Tollway.
Research | Oct 31, 2022 Retail parks in Poland: Segment proves to be stable in the current crisis by Andrea Zander Trei Real Estate GmbH and Jones Lang LaSalle Poland have jointly published a new market report on retail parks and convenience centers in Poland.
Transactions | Oct 31, 2022 First “supertall” building planned for Singapore by Jennifer Molloy Envisioned as one of Asia’s most sustainable skyscrapers, the mixed-use commercial and residential redevelopment of 8 Shenton Way will see 305 meters (1,001 feet), 63 stories, redefine Singapore’s skyline on completion in 2028 by Perennial Holdings and its consortium of investors.
Transactions | Oct 28, 2022 Stonepeak upsizes investment in American Tower’s data center business by Released CoreSite announced that Stonepeak, on behalf of certain affiliated investment vehicles, invested an additional $570 million.
Investors | Oct 28, 2022 Montana Board of Investments to increase real estate allocation by Kali Persall The $1.4 billion Montana Board of Investments (MBI) is mulling several asset-allocation changes.
Research | Oct 28, 2022 U.S. industrial reporter: Highest annual rent increase on record; development pipeline reaches historic high by Andrea Zander Demand for space in the United States industrial market is slowly moving toward normalization after two years of frenzied imbalance, with emphasis on “slowly,” according to Newmark's Third Quarter Industrial Market Report.
Transactions | Oct 28, 2022 Keppel REIT enters Tokyo office market by Andrea Zander Keppel REIT Management has plans to acquire an effective interest of 98.47 percent in Ginza 2-chome.
Transactions | Oct 28, 2022 Seoul’s Jongno Tower sells for $326m by Andrea Zander KB Asset Management has sold Jognno Tower, Seoul, for KRW621.5 billion ($437.6 million) to SK REITs.
Research | Oct 28, 2022 Asia Pacific investment volumes soften for third consecutive quarter by Andrea Zander Limited deals in major markets and the continued currency depreciation in Asia Pacific are weighing on investment activity, which fell 29 percent year-on-year to $28 billion in the third quarter, data from JLL’s latest Capital Tracker shows.
Transactions | Oct 28, 2022 Keppel and Shell to jointly study feasibility of a low carbon energy hub and microgrid system by Released Keppel Data Centres Holding Pte Ltd. (Keppel Data Centres) and Shell Eastern Petroleum (Pte) Ltd (Shell) have signed a memorandum of understanding (MOU) to jointly study the feasibility of developing a low carbon energy hub and microgrid system in Singapore.
Research | Oct 28, 2022 Annual ULI, PwC report finds certain pandemic-related structural changes can endure while property markets are ‘normalizing’ by Released The Urban Land Institute (ULI) and PwC US today released Emerging Trends in Real Estate® 2023, an annual report highlighting the trends shaping the real estate industry.
Research | Oct 28, 2022 Grocery stores still seeing visits above pre-pandemic levels by Andrea Zander Grocery visits have come down from their pandemic peaks, but weekly foot traffic to the category remained elevated relative to 2019 – at least during the first half of third quarter 2022, according to data by Placer.ai.
Transactions | Oct 28, 2022 Two multi-housing communities in the Atlanta MSA trade for $257m by Released HHHunt has paid $257.54 million for Abberly Skye and Abberly Onyx, both five-story, wrap-style apartment communities located within the Atlanta MSA in Decatur, Ga.
Investors | Oct 28, 2022 University of Michigan records positive gains for long-term investment portfolio by Kali Persall The University of Michigan’s long-term investment portfolio, which consists mostly of the university’s endowment, grew 2.2 percent in the last fiscal year, according to a recent report.
