People | Sep 23, 2022 Michelle Johnstone named managing director, investor relations of National Real Estate Advisors by Released Michelle Johnstone has been named managing director, investor relations at National Real Estate Advisors.
Transactions | Sep 23, 2022 London-based firm forms U.S. JV for acquisition of 270-unit multifamily community in Orlando by Andrea Zander Middleburg Communities and SFO Capital Partners have jointly acquired The Baldwin.
Investors | Sep 23, 2022 Virginia Retirement System moves $250m into Blackstone Real Estate Partners X by Kali Persall The Virginia Retirement System (VRS) has unveiled a $250 million commitment to Blackstone Real Estate Partners X (BREP X), a closed-end opportunistic real estate fund.
Research | Sep 23, 2022 Luxury retail industry bounces back by Andrea Zander Luxury industry was one of the first to bounce back after the brief recession, according to JLL.
Investors | Sep 23, 2022 Iowa Public Employees’ Retirement System increases private real assets allocation by Kali Persall The investment board of the Iowa Public Employees’ Retirement System (IPERS) on Sept. 22 voted to amend the system’s allocation plan.
Research | Sep 23, 2022 Global hotel investment activity resilient despite economic uncertainty by Andrea Zander Hotel investors expressed a strengthened appetite as fundamentals continue to recover.
Investors | Sep 23, 2022 CalSTRS invests $350m in CenterSquare REIT by Kali Persall The $311.7 billion California State Teachers Retirement System (CalSTRS) has allocated $350 million to a CenterSquare REIT joint venture strategy.
Transactions | Sep 23, 2022 GIC reaches €2.3b deal to acquire Sani/Ikos Group by Andrea Zander GIC has entered into a strategic partnership agreement to acquire luxury beach resort group Sani/Ikos (SIG) in a €2.3 billion ($2.3 billion) deal.
Transactions | Sep 23, 2022 Digital Core REIT to acquire data centers in Germany, Texas by Kali Persall Digital Core REIT, the only pure-play data center Singapore REIT sponsored by Digital Realty, has plans to acquire majority stakes in two data centers owned by Digital Realty in a transaction valued at up to $681 million.
Transactions | Sep 22, 2022 Glenstar and Creek Lane Capital announce $415m, 3.6msf industrial development project in South Carolina by Andrea Zander Glenstar and Creek Lane Capital have announced a 290-acre project.
Fundraising | Sep 22, 2022 Two funds managed by EfTEN Capital complete merger by Kali Persall EfTEN Real Estate Fund III has acquired the EfTEN Kinnisvarafond fund via a merger agreement.
Research | Sep 22, 2022 Sustainability and infrastructure top of mind for data center operators by Released JLL recently brought together top data center thought leaders to discuss the main factors affecting the industry at its 2022 Data Center Forum.
Transactions | Sep 22, 2022 Tristan Capital, Bricks expand student housing portfolio with €126m Liverpool acquisition by Andrea Zander Tristan Capital Partners’ CCP 5 Fund along with its joint venture partner has acquired a 999-bed purpose-built student accommodation asset.
People | Sep 22, 2022 ERS Hawaii launches search for general investment consultant by Kali Persall The Employees’ Retirement System of the State of Hawaii (ERS Hawaii) has launched an RFP seeking a general investment consultant.
Fundraising | Sep 22, 2022 Red Oak Capital Fund V fully subscribed by Kali Persall Red Oak Capital Fund V, a fund managed by Michigan-based Red Oak Capital Holdings, is now fully subscribed with a $75 million maximum investment capacity.
Transactions | Sep 22, 2022 U.K. grocery store portfolio for €573m by Andrea Zander LXi REIT has acquired a portfolio of 18 prime grocery store assets.
Research | Sep 22, 2022 U.S. ports update: Conditions ease at major ports but risks persist by Andrea Zander Ports across the United States continued to face a variety of headwinds throughout the first half of 2022 — from elevated dwell times for cargo ships and landside bottlenecks to chassis shortages.
Research | Sep 22, 2022 Confidence in Asia Pacific’s hotels and hospitality market continues to grow by Andrea Zander Confidence in Asia Pacific’s hotels and hospitality market recovers to pre-pandemic levels.
Transactions | Sep 22, 2022 abrdn’s AIPUT secures £350m debt financing to deliver transformational industrial property investment program by Released abrdn’s Airport Industrial Property Unit Trust (AIPUT) has announced the completion of a new £350 million (€402 million/$395 million) senior secured sustainability-linked credit facility.
People | Sep 22, 2022 AXA IM Alts announces senior promotions, five dedicated business lines by Kali Persall AXA IM Alts has announced four senior internal promotions as part of the next stage of evolution in the business’ growth trajectory.