Investors | Dec 5, 2022 New technology can support office leasing efforts by Loretta Clodfelter The office market is facing significant headwinds from the trend toward work-from-home and hybrid work schedules. This has led to a competitive office leasing environment, though new technology offerings are helping office landlords with their leasing efforts.
Research | Dec 5, 2022 REITs rise 5.8% in November by Loretta Clodfelter REITs rose nearly 5.8 percent in November, according to the FTSE Nareit Equity REITs Index, for the second consecutive month of gains.
Transactions | Dec 5, 2022 Luxury REIT pays $268m for Four Seasons Resort Scottsdale at Troon North by Andrea Zander Braemar Hotels & Resorts, a REIT focused on investing in luxury hotels and resorts, has paid $267.8 million for the luxury, 210-room Four Seasons Resort Scottsdale at Troon North in North Scottsdale, Ariz.
Fundraising | Dec 2, 2022 Bell Value-Add Fund VIII raises $190m toward $850m fundraising goal by Kali Persall Bell Value-Add Fund VIII has secured $190 million of commitments against a $850 million target.
Transactions | Dec 2, 2022 Plans unveiled for $3b mixed-use experience community in Frisco, Texas by Andrea Zander The plans and name for a $3 billion, 112-acre progressive, mixed-experience community built around a vibrant central park – The Mix – have been announced.
Research | Dec 2, 2022 Asia Pacific pivots away from global economic downturn, poised to weather challenges through 2023 by Released Asia Pacific is set to remain the world's fastest-growing region, despite ongoing stressors exacerbated by the Russia-Ukraine conflict and global financial volatility.
Research | Dec 2, 2022 Most Hong Kong investors switch gears as inflation soars by Released As inflation and interest rates rise, most Hong Kong investors have changed or are planning to change their investment strategies.
Research | Dec 2, 2022 European warehouses are getting bigger as occupier requirements continue to evolve by Andrea Zander The average unit size of European logistics lettings has increased more than 60 percent since 2011, according to CBRE.
Research | Dec 2, 2022 Labor markets add 263,000 jobs in November by Loretta Clodfelter Labor markets continue to show strength.
Transactions | Dec 2, 2022 Wynn completes $1.7b Encore Boston Harbor Land and real estate sale leaseback transaction by Andrea Zander Wynn Resorts has completed the sale of the land and real estate assets of Encore Boston Harbor to Realty Income Corp. for $1.7 billion in cash.
Investors | Dec 2, 2022 Oklahoma Teachers’ Retirement System plans $400m of investments in core, noncore real estate in 2023 by Kali Persall The Oklahoma Teachers’ Retirement System (TRS) will issue two invitations to bid at the beginning of 2023 for a total of $400 million in commitments for noncore and core real estate mandates.
Investors | Dec 2, 2022 Communication, transparency at top of mind for 2022 iREOC Annual Membership Meeting attendees by Kali Persall The fourth iREOC Annual Membership Meeting kicked off on Nov. 14 in the Omni Barton Creek Resort & Spa in Austin, drawing about 100 industry professionals representing more than $1 trillion dollars in real property holdings.
Transactions | Dec 2, 2022 CIM Group sells apartment community in Houston by Released CIM Group has sold the 246-unit Ashton on West Dallas apartment community in Houston.
CBRE analysis: Cities in Japan and Australia most resilient to environmental risks in Asia Pacific by Andrea Zander CBRE’s Asia Pacific Sustainable City Ranking reveals cities in Japan and Australia are the most resilient to environmental risks, and Ho Chi Minh City, Vietnam, is the most resilient emerging Asian market. Meanwhile, Jakarta, Hanoi and mainland China cities such as Beijing and Shanghai are rapidly improving their environmental resilience.
People | Dec 1, 2022 Palladius Capital Management appoints new CFO, head of hospitality Investments by Released Palladius Capital Management has appointed Afshin Kateb as CFO and head of hospitality investments.
Transactions | Dec 1, 2022 Gaw Capital Partners completes acquisition of logistics portfolio in Japan by Released Gaw Capital Partners, through a fund under its management, has acquired a logistics portfolio with seven fully leased assets across Greater Tokyo.
People | Dec 1, 2022 PGIM Real Estate bolsters global data center investment strategy with senior hire by Released PGIM Real Estate has hired James “Jim” Footh as it continues to build out its global data center investment strategy.
Transactions | Dec 1, 2022 Harrison Street and CA invest in Dublin student housing project by Andrea Zander Harrison Street and CA Ventures will develop a 249-bed purpose-built student accommodation (PBSA) project in Dublin.
Investors | Dec 1, 2022 Portfolio Advisors secures $25m investment for latest real estate secondaries strategy by Kali Persall The Texas Permanent School Fund has made a $25 million commitment to Portfolio Advisors Real Estate Fund VIII, a real estate secondaries strategy managed by Portfolio Advisors, according to reports.
Transactions | Dec 1, 2022 VICI Properties to acquire remaining interest in MGM Grand Las Vegas and Mandalay Bay JV from BREIT by Andrea Zander Blackstone Real Estate Income Trust (BREIT) and VICI Properties have jointly entered into a definitive agreement.
