People | Feb 1, 2023 Ralph Berg to take over as OMERS CIO by Kali Persall Ralph Berg, executive vice president and global head of capital markets, has been chosen to succeed Satish Rai as CIO at Ontario Municipal Employees' Retirement System (OMERS), effective April 1.
Transactions | Feb 1, 2023 Self-storage portfolio sells for $266m by Andrea Zander Wentworth Property Co., in a joint venture with an institutional equity investor, has sold an 18-property self-storage portfolio in the Western United States and Texas for an estimated sales price of $266.2 million.
Investors | Feb 1, 2023 LACERA seeks proposals for real assets emerging manager program by Kali Persall The Los Angeles County Employees Retirement Association (LACERA) has launched an RFP.
Research | Feb 1, 2023 Asia Pacific investment activity reaches $30.7b in fourth quarter 2022 by Andrea Zander Investment activity in the Asia Pacific region reached $30.7 billion in the fourth quarter last year.
Transactions | Feb 1, 2023 J.P. Morgan’s Campbell Global acquires over 250,000 acres of commercial timberland valued at more than $500m by Released Campbell Global has acquired more than 250,000 productive acres.
Research | Feb 1, 2023 European logistics take-up levels finished 2022 just 6% below record levels seen in 2021 by Andrea Zander The latest research from global real estate advisor, CBRE, shows that logistics take-up levels across Europe totaled 31.3 million square meters (337 million square feet) in 2022, 6 percent lower than 2021 which saw record take-up levels of 33.4 million square meters (360 million square feet).
Research | Feb 1, 2023 U.S. consumer confidence declined in January by Released The Conference Board Consumer Confidence Index® decreased in January following an upwardly revised increase in December 2022.
People | Feb 1, 2023 Colliers continues to expand leadership team in Singapore by Released Colliers has appointed Mike Davis as a managing director, Asia Pacific | Occupier Services.
Transactions | Feb 1, 2023 €3b JV announces €70m deal and opens France office by Released The Boreal IM & Cadillac Fairview Joint Venture has expanded into Spain and France with two acquisitions.
Research | Feb 1, 2023 DWS: For a European transformation, sustainable investing must become easier by Andrea Zander European companies have yet to recognize and start addressing the structural challenges which lie ahead, made worse by a stagflationary rising interest rate environment.
The age of senior housing in Japan has arrived by Harry Tan As the landscape for senior homes in Japan continues to evolve with deeper institutional penetration, liquidity and pricing margin will expand, positioning this asset class for attractive long-term performance.
The most important issues discussed at the 2022 Editorial Advisory Board meetings by Loretta Clodfelter, Marek Handzel and Jennifer Molloy In late 2022, investors, managers and consultants participated in Editorial Advisory Board meetings for each of Institutional Real Estate, Inc’s regional publications to discuss the most pressing issues facing the real estate investment industry.
People | Jan 31, 2023 CBRE Investment Management names head of Asia investments for indirect private real estate strategies by Released Vida Tandean has joined CBRE Investment Management as head of Asia investments for indirect private real estate strategies.
Investors | Jan 31, 2023 Brookfield Properties, Credit Suisse, Cy Capital and HIRE Capital spearhead Brazil real estate data initiative by Released Preciso has expanded its data exchange platform to Brazil.
People | Jan 31, 2023 CalSTRS promotes two senior investment directors by Kali Persall The California State Teachers’ Retirement System (CalSTRS) has announced two senior investment director appointments.
Research | Jan 31, 2023 Minimum-wage workers need three roommates or four jobs to afford a two-bedroom rental by Released Only in 10 of the 50 largest U.S. cities can two full-time workers earning minimum wage comfortably afford a typical two-bedroom rental. Nationally, four minimum-wage workers would have to double up in both bedrooms to not stretch their budgets.
Fundraising | Jan 31, 2023 Edmond de Rothschild REIM captures $37m for U.K. affordable housing fund by Kali Persall Edmond de Rothschild Real Estate Investment Management has added a £30 million ($37 million) commitment from Strathclyde Pension Fund for its Article 9 “dark green” U.K. affordable housing fund, Funding Affordable Homes.
Fundraising | Jan 31, 2023 KGAL Article 9 fund holds first close, acquires BREEAM-certified property in Spain by Kali Persall KGAL Core 5 LIFE has completed its first closing with hundreds of millions in capital commitments.
Transactions | Jan 31, 2023 Hawkins Way Capital, Värde Partners buy Midtown hotel by Released Hawkins Way Capital, in a joint venture with Värde Partners, has acquired 525 Lexington Avenue in Midtown Manhattan.
Investors | Jan 31, 2023 Starwood Capital Group and AJ Capital Partners launch hospitality platform by Released Starwood Capital Group and Adventurous Journeys Capital Partners, a real estate and hospitality company, have launched Field & Stream Lodge Co.
