Transactions | Aug 25, 2022 JPI, Madera Residential and WayMaker form $1b JV in Dallas area by Andrea Zander JPI has formed a joint venture with Madera Residential and WayMaker on five new developments across the Dallas–Fort Worth metroplex.
Transactions | Aug 25, 2022 CPREIF buys three-building industrial portfolio in the Inland Empire West area by Released Clarion Partners Real Estate Income Fund (CPREIF) has strategically added to its property holdings.
Investors | Aug 25, 2022 Sentinel and PGGM partner on $1b Australian BTR venture by Andrea Zander Sentinel Fund Manager Australia, the Australian arm of U.S. real estate investment and development firm Sentinel Real Estate Corp., and Dutch pension fund manager PGGM have formed a new partnership to develop and manage up to A$1.5 billion ($1.04 billion) in build-to-rent (BTR) communities throughout Australia.
Transactions | Aug 25, 2022 CBC HIP closes two quality sizable life sciences real estate acquisitions in China by Andrea Zander CBC Healthcare Infrastructure Platform (CBC HIP) has closed its first project for China Life Science Infrastructure Venture (CLSIV), a joint venture established with APG in July, which is a 119,000-square-meter (1.3 million-square-foot) life sciences park located at China Bio-medicine Park in Beijing. The property comprises of eight manufacturing buildings, four R&D offices, and auxiliary facilities.
Investors | Aug 25, 2022 Asian capital backs launch of Savills IM’s U.K. build-to-rent strategy by Released Savills Investment Management (Savills IM), an international real estate investment manager, has launched a U.K. build-to-rent strategy.
Transactions | Aug 24, 2022 Patrizia invests in Barcelona student accommodation by Andrea Zander Patrizia has invested in a portfolio of purpose-built student accommodation (PBSA) in central Barcelona on behalf of its institutional clients.
Transactions | Aug 24, 2022 Keystone Development + Investment secures $265m loan to expand life science conversion by Released Keystone Development + Investment has secured a $265.2 million loan.
Transactions | Aug 24, 2022 Continental Realty enters Chicago market by Andrea Zander Continental Realty Corp. has entered the Chicago market.
Investors | Aug 24, 2022 Spokane Employees’ Retirement System rehires Hyas Group as its investment consultant by Kali Persall The Spokane (Wash.) Employees’ Retirement System has retained Hyas Group.
Transactions | Aug 24, 2022 Australia’s Lutheran Super anticipates merger with Mercer Super by Kali Persall Australia’s Lutheran Super has plans to merge into the Mercer Super Trust.
Transactions | Aug 24, 2022 Principal Real Estate data center fund makes first purchase in Barcelona by Andrea Zander Principal Real Estate has acquired the first asset for its Principal European Data Centre Fund I.
Fundraising | Aug 24, 2022 LEM Multifamily Fund VI closes above $450m target by Kali Persall LEM Capital has closed its LEM Multifamily Fund VI.
Investors | Aug 24, 2022 Illinois Municipal Retirement Fund commits to Blackstone, Long Wharf, Security Capital real estate funds by Kali Persall The $48.4 billion Illinois Municipal Retirement Fund has disclosed several real estate commitments.
Transactions | Aug 24, 2022 Whitbread invests €237m in new London hotel by Andrea Zander Whitbread PLC has acquired a prime freehold property on the Strand in central London, located just off Trafalgar Square.
Research | Aug 24, 2022 Renting in the suburbs isn’t as cheap as it used to be by Released Driven by migration away from expensive city centers during the pandemic, the rental price advantage of living in the suburbs has shrunk by 52.9 percent compared to three years ago.
People | Aug 24, 2022 Columbia Property Trust announces new CEO by Released Columbia Property Trust has appointed Adam Frazier as president and CEO, effective Sept. 19.
Research | Aug 24, 2022 Record job count backs retail sales and return of pre-pandemic vacancy by Andrea Zander Dual factors lift sales. Accelerated hiring and lower prices at the gas pump aided spending in July, with core retail sales now up 29 percent relative to pre-pandemic, according to Marcus & Millichap.
Transactions | Aug 23, 2022 Chinese Estates Holdings’ €509m flagship project begins by Andrea Zander Chinese Estates Holdings has begun the redevelopment and revitalization of its flagship project, 120 Fleet Street in the United Kingdom.
Investors | Aug 23, 2022 U.K.’s ACCESS Pool seeks core real estate investment manager, global real estate allocator by Kali Persall The ACCESS Pool, a collaboration of 11 local government pension scheme authorities in the United Kingdom, has launched a search for a U.K. core direct real estate investment manager and a global real estate fund-of-funds allocator.
Investors | Aug 23, 2022 Contra Costa County (Calif.) anticipates moderation of real estate market by Kali Persall Contra Costa County (Calif.) Employees' Retirement Association (CCCERA) expects a variety of conditions to result in a moderation of the real estate market, as home sales have fallen to pre-pandemic levels and bidding wars have become less frequent.
