Research | Oct 3, 2022 National housing stock undersupply data supports multi-housing fundamentals by Andrea Zander JLL Capital Markets has released data demonstrating that the imbalance of the national housing stock undersupply became far more pronounced in the past decade.
SPONSORED: GID – Attracting Gen Z to come to work and stay by Jennifer Babcock To attract and keep talent, firms need to understand what the younger generations desire in a job, a career and a work environment, and work deliberately and creatively to provide those features.
SPONSORED: Ascentris – Positioning investors for today’s real estate market by Jennifer Babcock Higher inflation and lower growth may mean a greater focus on diversification and liquidity relative to any new investments, but investors should not be overly reactive relative to their existing property portfolios just yet.
SPONSORED: Crow Holdings – The U.S. living sector is ‘tremendously undersupplied’ by Jennifer Babcock Whether it is apartment communities, manufactured housing, student housing or single-family rental, the demand for properties in living sector outpaces supply by a significant margin in the United States.
SPONSORED: Nuveen Real Estate – A positive outlook for real estate with greater appetite for alternatives by Jennifer Babcock 2022 has brought inflation, currency parity between the United States and Europe, and geopolitical uncertainty.
SPONSORED: PATRIZIA – Smartening up cities by Jennifer Babcock What we need are not new smart cities but “smartened up” cities to deal with the challenges of decarbonization, demography, digitalization and urbanization.
SPONSORED: PGIM Real Estate – A role for institutions in Asia’s housing market? by Jennifer Babcock PGIM Real Estate describes the current opportunity to invest in and grow the institutional share of the private rental housing markets in Japan, China and Australia — an opportunity supported by high demand and changing regulations to make it easier for institutions to deploy capital in these markets.
Transactions | Sep 30, 2022 $4b Anaheim, Calif., entertainment district approved by city council by Andrea Zander The Anaheim City Council has approved a $4 billion mixed-use entertainment district with plans to surround the Honda Center and ARTIC transportation center.
Fundraising | Sep 30, 2022 Savills IM acquires majority share in U.K. affordable-housing platform, plans fund launch by Andrea Zander Savills Investment Management has acquired a majority share in Simply Affordable Homes.
People | Sep 30, 2022 Public Employee Retirement System of Idaho appoints new CIO by Kali Persall The Public Employee Retirement System of Idaho (PERSI) has appointed Richelle Sugiyama to serve as its new CIO, effective Oct. 1.
Fundraising | Sep 30, 2022 Qualitas adds $285m to latest construction debt fund by Kali Persall Qualitas Construction Debt Fund II has secured a A$440 million ($285 million) commitment from a global institutional investor.
Investors | Sep 30, 2022 California passes bill to convert commercial properties into housing by Andrea Zander Gov. Gavin Newsom has signed a bill to accelerate new housing construction for specific affordable housing projects around California and help with the housing crisis.
Research | Sep 30, 2022 Estimated Hurricane Ian, storm-surge losses to be between $28b and $47b by Released Hurricane Ian, according to CoreLogic®, is expected to result in wind losses for residential and commercial properties in Florida of between $22 billion and $32 billion.
Investors | Sep 30, 2022 Madison International Realty, Carucel create new Norwegian residential investment platform by Released Madison International Realty and Carucel Eiendom AS, a Norwegian investor in retail, office, resorts, logistics and residential properties, have created a new residential platform, Carucel Living, which will focus on the Oslo rental market.
Transactions | Sep 30, 2022 CapitaLand Ascendas REIT to convert San Diego office to life sciences property by Released CapitaLand Ascendas REIT Management has signed a full-building lease agreement with Crinetics Pharmaceuticals, Inc., for its new global headquarters at 6055 Lusk Blvd. in San Diego.
Transactions | Sep 30, 2022 ESR Group acquires Mitsui’s 7.7% stake in ESR-LOGOS REIT Manager by Released ESR Group, APAC’s largest real asset manager powered by the New Economy, has agreed to, and is in the process of acquiring 7.7 percent of the total issued shares in ESR-LOGOS Funds Management, the manager of ESR-LOGOS REIT (E-LOG Manager), from Mitsui & Co.
Transactions | Sep 30, 2022 AG Real Estate France sells two parking garages in Paris for €47m by Released AG Real Estate France is selling two parking garages valued at around €47 million ($45 million) to Catella Real Estate AG (CREAG), a German investment fund.
Teachers' Retirement System of Kentucky slates $65m for value-add Rockwood Capital fund by Kali Persall The Teachers' Retirement System of Kentucky has approved a commitment of up to $65 million to Rockwood Capital Real Estate Partners Fund XII.
Transactions | Sep 29, 2022 Quintain and JP Morgan invest €309m in Wembley Park residential scheme by Andrea Zander Quintain and J.P. Morgan have entered a €309 million ($302 million) deal to finance two further build-to-rent buildings at the Wembley Park development site, called North East Lands, in London.
Transactions | Sep 29, 2022 Principal completes second data center acquisition in Europe by Released Principal Global Investors, through its dedicated real estate investment team, today announced it has acquired the Getronics Data Centre in Runcorn, United Kingdom, marking the second data center acquisition of the Principal European Data Centre Fund I.