People | Nov 16, 2022 10X Capital hires former CalPERS and Alaska Permanent Fund CIO Russell Read by Andrea Zander Dr. Russell Read, former CIO of CalPERS, the Alaska Permanent Fund, and the Gulf Investment Corporation, and former deputy CIO of Deutsche Bank’s Deutsche Asset Management, is joining 10X Capital as its CIO.
Fundraising | Nov 16, 2022 GLP Capital Partners holds $1.5b final close for self-storage property fund by Andrea Zander GLP Capital Partners has held a final closing for its North American self-storage real estate fund, GCP SecureSpace Property Partners.
Investors | Nov 16, 2022 Godwin Developments launches €1.1b nationwide BTR platform by Andrea Zander U.K. property developer Godwin Developments has launched a nationwide build-to-rent (BTR) platform.
Transactions | Nov 16, 2022 Colliers completes $53m retail transaction for renowned shopping destination in Japan by Andrea Zander Colliers has facilitated the sale of Ameyoko Center Building for $53 million in Tokyo.
Transactions | Nov 16, 2022 Kadans Science Partner to develop new life sciences innovation center at Canary Wharf by Released Kadans Science Partner and Canary Wharf Group (CWG) have plans to develop a new innovation facility providing much needed access to fully-fitted, Â best-in-class laboratories and amenity rich space for developing life science companies.Â
Research | Nov 16, 2022 The Future of Work Survey: Key trends for life sciences industry by Andrea Zander Commercial real estate leaders are at a critical juncture when it comes to thinking strategically about the future of work.
People | Nov 16, 2022 Core Spaces names new CFO and COO by Released Core Spaces has named new CFO and COO.
Research | Nov 16, 2022 Despite continued volatility and sell off across the REIT sector, green shoots are evident by Andrea Zander Despite a challenging capital markets environment and economic uncertainty, REITs continue to post strong earnings performance, with a substantial majority of REITs that have reported to date beating analyst estimates. Expectations are that in 2023 REITs will post positive NOI growth and stable occupancy across all major commercial real estate (CRE) sectors.Â
Transactions | Nov 16, 2022 SJP Properties breaks ground on 6.5msf industrial facility on 809 acres in Savannah by Andrea Zander SJP Properties (SJP) has broken ground on the first phase of construction of the Georgia International Commerce Centre.
People | Nov 16, 2022 Delin Property appoints Isaac Núñez as country manager for Spain by Released Delin Property has appointed Isaac Núñez the managing director of Spain to grow its portfolio of assets under management.
Transactions | Nov 16, 2022 Real I.S. sells office property Georgstor in Hamburg to Hines by Released Real I.S. AG has sold the office building Georgstor to the global investor and developer Hines.
Investors | Nov 15, 2022 Haven Realty Capital, J.P. Morgan launch $415m BTR JV by Andrea Zander Haven Realty Capital and institutional investors advised by J.P. Morgan Global Alternatives have formed a programmatic joint venture to acquire and develop more than $1 billion in new build-to-rent (BTR) communities throughout the United States.
Research | Nov 15, 2022 REITs well-positioned for ongoing economic uncertainty by Released REITs’ operations remained strong.
Fundraising | Nov 15, 2022 PATRIZIA launches $1b Japanese multifamily fund by Andrea Zander PATRIZIA has announced a strategic partnership with a major Asian institutional investor to invest up to ¥150 billion (€1.04 billion/$1.08 billion) in Japanese real estate.
Investors | Nov 15, 2022 Allianz and Heimstaden Bostad expand partnership with €650m of new equity by Andrea Zander Allianz Real Estate, on behalf of Allianz companies, and Heimstaden Bostad are injecting SEK 7,000 million (€650 million/$674 million) in new equity into their existing Swedish joint venture, using the proceeds to repay debt.
Transactions | Nov 15, 2022 Goldman Sachs, Lincoln Harris buy life science campus in Raleigh-Durham by Andrea Zander A fund managed by the real estate business within Goldman Sachs Asset Management and Lincoln Harris have acquired a five-building life science campus.
People | Nov 15, 2022 GI Partners to expand data infrastructure strategy into Europe by Andrea Zander Matt Barker has joined GI Data Infrastructure as a managing director based in London to lead digital infrastructure investing in Europe.
Transactions | Nov 15, 2022 REIT sells 180 Wireless Towers to CTI towers by Andrea Zander CTI Towers, an owner and manager of wireless towers, has acquired 180 towers located in 14 states from Uniti Group, a communications infrastructure REIT.
People | Nov 15, 2022 Chinese real estate developer appoints CEO of its U.S. subsidiary to lead the effort to explore green energy sector by Released Green Giant has appointed Junaid Ali as CEO of its wholly owned subsidiary Green Giant to spearhead its effort to explore green energy in the United States.
Transactions | Nov 15, 2022 Madison Realty Capital upsizes loan to $395m for next phase of multi-phase Jersey City development project by Released Madison Realty Capital has upsized its initial loan to a total commitment of $395 million to Manhattan Building Company for a 1,089-unit multiple-phase mixed-use development spanning four buildings in Jersey City, N.J.
