Investors | Aug 1, 2022 ERS Texas commits $20m to private real estate by Kali Persall The Employees Retirement System of Texas (Texas ERS) has shared three co-investments in private real estate funds.
Investors | Aug 1, 2022 LAFPP reups in EQT Exeter US Industrial Value-Add Fund VI by Kali Persall The Los Angeles Fire & Police Pensions (LAFPP) has committed $75 million to EQT Exeter US Industrial Value-Add Fund VI, a closed-end, value-add fund targeting industrial opportunities in large U.S. markets.
Octopus raises $487m for care-home strategy by Kali Persall Octopus Investments has raised more than £400 million ($487 million) of commitments for its care-home strategy to meet the needs of the aging population.
Transactions | Jul 29, 2022 Gordon Tang JV buys Singapore complex for $188m by Andrea Zander CEL Development, SingHaiYI Group and Haiyi Holdings have bought The Park View Mansions complex.
Transactions | Jul 29, 2022 Warehouse REIT secures 1msf planning consent at former factory in U.K. by Released Warehouse REIT has secured a resolution to grant outline-planning permission from Cheshire East Council.
Transactions | Jul 29, 2022 €3b Boreal IM, Cadillac Fairview JV acquires 15 Dutch warehouses by Andrea Zander The Boreal IM & Cadillac Fairview Joint Venture has closed its third deal, acquiring a logistics portfolio in the Netherlands for an undisclosed sum. Purchased from Europa Capital, the 142,000-square-meter (1.5 million-square-feet) portfolio comprises 15 warehouses across four regions, with the majority being last-mile distribution centers.
People | Jul 29, 2022 Brian Klinksiek to succeed Jacques Gordon as LaSalle global head of research & strategy by Andrea Zander LaSalle Investment Management has announced that after 28 years of distinguished service and leadership of the research & strategy group at the firm, Jacques Gordon has confirmed he will retire from the business at the end of 2022 in order pursue interests in higher education.
Research | Jul 29, 2022 U.K. pension funds increasingly look to residential property by Released Defined benefit (DB) pension schemes will increasingly look to U.K. residential-property development, supporting the drive to deliver housebuilding targets for the country, according to new research from investment manager Downing LLP.
Investors | Jul 29, 2022 KPERS re-ups in LaSalle, EQT Exeter real estate funds by Kali Persall The Kansas Public Employees Retirement System (KPERS) has approved a follow-on commitment.
Investors | Jul 29, 2022 Los Angeles Department of Water & Power invests in Cerberus Institutional Real Estate Partners VI by Kali Persall Cerberus Institutional Real Estate Partners VI has added a new commitment.
Transactions | Jul 29, 2022 Harbor Group International pays $180m for multifamily communities in Long Beach, Calif. by Andrea Zander Affiliates of Harbor Group International (HGI) has bought the Long Beach Coastal Collection, a portfolio of multifamily communities in Long Beach, Calif., for $180 million.
Investors | Jul 29, 2022 GIC grows real estate allocation, expands decarbonization efforts by Kali Persall Singapore’s GIC has increased its real estate allocation from 8 percent to 10 percent, IREI has learned.
Fundraising | Jul 28, 2022 Monument Capital Management brings new value-add workforce housing fund to market by Kali Persall Monument Capital Management has launched a new value-add workforce housing fund — Monument Opportunity Fund V.
Transactions | Jul 28, 2022 Madison International Realty, SITE Centers sell 2.3msf retail portfolio by Released A joint venture between Madison International Realty and SITE Centers, an Ohio-based REIT, has sold The Sunbelt Retail Growth Portfolio.
Investors | Jul 28, 2022 Los Angeles Fire & Police Pensions places $75m in Abacus Multi-Family Partners VI by Kali Persall Los Angeles Fire & Police Pensions (LAFPP) has unanimously approved a commitment of up to $75 million a a multifamily investment vehicle.
Investors | Jul 28, 2022 Contra Costa County makes first investment in a Blackstone real estate fund by Kali Persall The Contra Costa County (Calif.) Employees' Retirement Association has contributed $100 million to Blackstone Real Estate Partners X.
Fundraising | Jul 28, 2022 EQT Exeter launches core-plus and value-add funds in the U.S. and Europe by Kali Persall EQT Exeter has brought two new funds to market in Europe and the United States.
Transactions | Jul 28, 2022 Foreign investor buys U.S. medical office portfolio by Released Newmark has arranged $200 million of Shariah-compliant financing for a medical office building portfolio.
Transactions | Jul 28, 2022 Round Hill Capital closes €200m Smart Studios acquisition in Portugal by Released Round Hill Capital has closed the €200 million ($203 million) acquisition of nine purpose-built student accommodation (PBSA) and co-living residences in Portugal.
Research | Jul 28, 2022 U.K. residential investment totals €2.4b in Q2 2022 by Andrea Zander The U.K. residential sector recorded a total of £2 billion (€2.39 billion/$2.42 billion) of investment in second quarter 2022, according to CBRE.
