Research | Feb 10, 2021 Southern California residents leave urban areas for the suburbs in large numbers by Andrea Zander 2021 looks likely to be a boom year for Southern California’s suburban periphery after the COVID-19 pandemic jump-started a period of rapid growth for less dense communities, reported CBRE.
Fundraising | Feb 10, 2021 Principal Real Estate Debt Fund III brings in $578.6m by Kali Persall Principal Real Estate Investors has announced the final closing of its third high-yield, private debt fund, collecting 30 limited partner commitments for a total of $578.6 million.
Investors | Feb 10, 2021 Texas ERS contributes $50m to Marcus Capital Partners Fund III’s final closing by Kali Persall Texas ERS contributes $50m to a fund managed by Marcus Capital Partners.
Transactions | Feb 10, 2021 Clarion Partners Europe to invest €47m in French logistics development by Released Clarion Partners Europe has agreed to forward fund a class warehouse in Boisseaux, south of Paris.
Transactions | Feb 10, 2021 Keppel Land to sell asset in London for €146m by Andrea Zander A London & Oxford fund has acquired the shares in First King Properties Limited.
Transactions | Feb 10, 2021 K Wah to invest $1.55b for residential-commercial project in Nanjing by Andrea Zander K Wah International Holdings has plans to invest 10 billion yuan ($1.55 billion) in a proposed residential-commercial project in Nanjing, the capital of China’s Jiangsu province.
People | Feb 10, 2021 Cromwell promotes new head of transactions, Europe by Released Cromwell Property Group has promoted Patrick Lowe to head of transactions, Europe.
Research | Feb 10, 2021 USAA, Square Mile releases 2021 outlook market report by Andrea Zander Price discovery for real estate properties is still emerging.
Transactions | Feb 10, 2021 Keystone Property Group JV to build hotel in $325m mixed-used project by Released Keystone Property Group has broken ground on the new Hotel West + Main, a significant milestone in its 520,000-square-foot SORA West development in Conshohocken, Penn.
Research | Feb 10, 2021 Commercial and multifamily borrowing falls 18% in Q4 2020 by Released Commercial and multifamily mortgage loan originations were 18 percent lower in fourth quarter 2020 compared with a year ago, but increased 76 percent from third quarter 2020.
Fundraising | Feb 9, 2021 Kotak closes $380m real estate financing fund in India by Kali Persall Kotak Investment Advisors (KIAL) has announced the closing of its new $380 million real estate fund.
Investors | Feb 9, 2021 Louisiana Teachers makes follow-on commitment to Cabot Industrial Value Fund VI by Kali Persall The Teachers’ Retirement System (TRS) of Louisiana has voted to invest up to $25 million in a sixth value-add vehicle managed by Cabot Properties.
Transactions | Feb 9, 2021 GIC buys 25% stake in Chevron Australia HQ project by Andrea Zander Brookfield has sold a 25 percent interest in a Perth, Australia.
Investors | Feb 9, 2021 NYSTRS renews real estate contracts with consultants, REIT manager by Kali Persall The New York State Teachers' Retirement System (NYSTRS) has renewed three real estate contracts with consultants and advisers.
Transactions | Feb 9, 2021 Edmond de Rothschild buys first acquisition in Germany by Andrea Zander The Edmond de Rothschild Euro Industrial Real Estate Fund (EIREF) has purchased an industrial property in Worms, Germany.