Transactions | Oct 6, 2022 CK Asset buys residential project in Hong Kong for $586m by Andrea Zander CK Asset Holdings has topped four competing bids to acquire a residential development site in Hong Kong’s New Territories for HK$4.6 billion ($586 million), according to an announcement published on Oct. 5.
Investors | Oct 6, 2022 Bluerock Homes Trust launches as single-family rental REIT in spin-off by Andrea Zander Bluerock Homes Trust has launched as an externally managed REIT focused on the single-family rental market.
Transactions | Oct 6, 2022 RREAF Holdings JV purchases $500m Southeast portfolio spanning seven states by Andrea Zander RREAF Holdings in partnership with 3650 REIT and real estate investment and financial services firm DLP Capital, has acquired the Southeast Multifamily Portfolio III (SMP III), with a capitalization of approximately $500 million.
Research | Oct 6, 2022 Further growth expected in European self-storage sector by Andrea Zander A new report from the Federation of European Self Storage Associations (FEDESSA) and global real estate adviser CBRE has indicated that continued growth is expected in the European self-storage sector, following a record-breaking 12 months for investment in the market and increasing customer demand.
Fundraising | Oct 6, 2022 Pantzer Properties closes fifth real estate fund above $750m target by Kali Persall Pantzer Properties, a vertically integrated multifamily owner and operator, has completed the final closing of its fifth real estate fund, Panco Strategic Real Estate Fund V.
Investors | Oct 6, 2022 Texas County & District Retirement System places $75m in Pennybacker VI by Kali Persall The Texas County & District Retirement System (TCDRS) has committed $75 million to Pennybacker VI, a value-add real estate fund managed by Pennybacker Capital.
Fundraising | Oct 6, 2022 ESR Group completes anchor close of latest develop-to-core logistics fund by Kali Persall ESR Group has raised A$540 million ($350 million) for a substantial anchor close.
Research | Oct 6, 2022 REITs fall 12.2% in September by Loretta Clodfelter U.S. REITs finished out the third quarter with a bruising 12.2 percent decline in September, according to the FTSE Nareit Equity REITs Index.
Investors | Oct 5, 2022 Japan's largest homebuilder teams up with Capital Bay to deliver modular construction in Europe by Marek Handzel Japan's largest homebuilder, Daiwa House, has teamed up with Capital Bay to deliver prefabricated building modules for new property developments across Europe.
Fundraising | Oct 5, 2022 MARK plans second €2b urban logistics fund by Andrea Zander MARK has plans to expand its urban logistics platform Crossbay with a second investment vehicle targeting more than €2 billion ($1.97 billion) in gross asset value (GAV).
Investors | Oct 5, 2022 Greenman OPEN and Schoofs Immobilien to develop €215m of supermarket-anchored mixed-use assets in Germany by Andrea Zander Greenman OPEN, one of Germany’s largest food retail–focused investment funds, has appointed Schoofs Immobilien, a German retail real estate developer, to develop €215 million ($212 million) of supermarket-anchored mixed-use retail parks in Germany.
People | Oct 5, 2022 QuadReal Property appoints new Asia Pacific VP research lead by Released QuadReal Property Group has appointed Juliet Cha as vice president research and strategy, Asia Pacific.
Transactions | Oct 5, 2022 Oxford and M7 expand European urban logistics platform with seven acquisitions in Spain by Released Oxford Properties Group has made investments in Spain.
Research | Oct 5, 2022 Industrial supply outpaces demand for the first time in eight quarters by Released The third quarter saw industrial supply outpace demand for the first time in eight quarters.
People | Oct 5, 2022 SC Capital Partners strengthens team with four senior hires by Released SC Capital Partners has made four new senior hires.
Research | Oct 5, 2022 Record demand for data centers powering surge in development by Andrea Zander The North American data center sector is booming as hyperscalers and large companies sign increasingly larger leases to accommodate future growth, and development activity increases to meet surging demand.
People | Oct 5, 2022 Brandon Rembe joins Juniper Square as chief solutions officer by Released Juniper Square announced that Brandon Rembe has joined the firm as chief solutions officer to drive increased focus on customer solutions enabled by the company’s innovative platform.
Investors | Oct 5, 2022 Hawaii ERS searches for real assets investment consultant by Andrea Zander The $22.5 billion Hawaii Employees’ Retirement System is searching for a real assets investment consultant.
Research | Oct 5, 2022 CBRE Report: Omnichannel retail and its impact on Asia Pacific real estate by Andrea Zander The size of the global retail market totalled $15.6 trillion in 2021, with Asia Pacific accounting for a 40 percent share.
Transactions | Oct 4, 2022 Axium Infrastructure buys Canadian eight-property senior housing portfolio for $220m by Andrea Zander The Western Canadian Continuum of Care Portfolio, an eight-property, 1,092-suite senior housing portfolio in western Canada, sold for more than C$300 million ($220 million).
