Investors | Aug 29, 2022 Savills IM acquires development and BTR specialist alongside launch of U.K. BTR strategy by Andrea Zander Savills Investment Management has acquired Pitmore, the U.K. development and build-to-rent (BTR) specialist, as a key part of plans to grow its residential and BTR platform in the United Kingdom.
Transactions | Aug 29, 2022 Commerz Real acquires stake in high-rise development in Denmark by Released Commerz Real has acquired a 25-percent stake in the Elbtower high-rise development by SIGNA Real Estate in the HafenCity district of Hamburg, Germany, for its open-ended real estate fund Hausinvest.
Investors | Aug 29, 2022 NYSCRF contributes $200m to Noble Hospitality Fund V by Kali Persall The New York State Common Retirement Fund (NYSCRF) has earmarked $200 million for Noble Hospitality Fund V (NHF V), managed by Noble Investment Group.
Investors | Aug 29, 2022 Blackstone eyes IPO filing for $2.5b India mall portfolio by Andrea Zander Blackstone has plans to file an initial public offering of its Indian-shopping-mall portfolio that could raise about $500 million, reported Bloomberg, citing people familiar with the matter.
Investors | Aug 29, 2022 Los Angeles Dept. of Water & Power approves $80m commitment to FPA Core Plus Fund VI by Kali Persall The Los Angeles Department of Water & Power Employees Retirement Plan has scheduled $80 million for FPA Core Plus Fund VI.
Transactions | Aug 29, 2022 Concord Summit Capital closes $232.5m of total construction financing for luxury ski-in-ski-out mixed-use development by Released Concord Summit Capital has arranged $232.5 million of total construction financing for the Kindred Resort.
Transactions | Aug 29, 2022 Bluerock Residential Growth REIT, Blackstone Real Estate announce anticipated closing date of acquisition and spin-off by Released Bluerock Residential Growth REIT and Blackstone Real Estate announced that the completion of the proposed acquisition of the company by Blackstone.
Transactions | Aug 29, 2022 Centris Industrial breaks ground on Generation Park industrial site by Released Centris Industrial has broken ground on its Generation Park development in Houston.
Transactions | Aug 29, 2022 GRT announces $1.1b sale of 41-property office portfolio by Andrea Zander Griffin Realty Trust has sold a majority interest in a 41-property office portfolio.
Transactions | Aug 29, 2022 BTR platform Local acquires South Melbourne site in turnkey deal by Andrea Zander Macquarie-backed build-to-rent platform Local has entered into a development agreement with Blue Earth Group to acquire 245 Normanby Road in South Melbourne in a turnkey deal.
Investors | Aug 26, 2022 Jamestown makes 5G infrastructure partnership by Released Jamestown has formed a partnership with 5G.
Transactions | Aug 26, 2022 Meadow Partners purchases mixed-use property in London’s King’s Cross Neighborhood by Released Meadow Partners has acquired a fully leased office and residential property at 20 Northdown St. in London’s King’s Cross neighborhood.
Transactions | Aug 26, 2022 Maryland-based casino resort sells for $260m by Andrea Zander VICI Properties, together with Century Casinos, has entered into definitive agreements to acquire Rocky Gap Casino Resort, located in Flintstone, Md., from Golden Entertainment, for $260 million.
Transactions | Aug 26, 2022 Investa Commercial Property Fund acquires prime ACT asset by Andrea Zander Investa Commercial Property Fund (ICPF) has agreed to acquire a 100-percent interest in 220 London Circuit in Canberra, Australia.
Transactions | Aug 26, 2022 Delancey, Columbia buys stake in UK’s largest shopping parks by Andrea Zander Delancey, together with Columbia Threadneedle Investments, has acquired abrdn’s 50 percent stake in Castlepoint Shopping Park, Bournemouth on behalf of client funds.
Transactions | Aug 26, 2022 U.S. firm pays €139m for Polish portfolio by Released Affiliates of Lone Star Funds have acquired a real estate package from Cavatina Holding S.A. for €139 million ($138.7 million).
Transactions | Aug 26, 2022 American Landmark acquires Cabana 99th Apartments in Arizona’s ‘Antique Capital’ by Released American Landmark Apartments has acquired Cabana 99th.
Transactions | Aug 26, 2022 Green Cay Life Plan Village plans $250m senior living community in Florida by Released Green Cay Life Plan Village has plans to develop a $250 million continuing care retirement community.
Transactions | Aug 26, 2022 Paladin Realty JV buys value-added apartment portfolio in Azusa, Calif. by Released A partnership sponsored by Paladin Realty Partners has acquired a portfolio of three 1960s-vintage apartment properties totaling 116 units.
Investors | Aug 26, 2022 Korea's NPS commits to Blackstone’s ESG credit platform by Andrea Zander The National Pension Service (NPS) of South Korea, has committed capital to Blackstone Credit’s Sustainable Resources Platform to enhance the pension fund’s ESG strategies.
