People | Sep 29, 2022 M&G plc appoints Andrea Rossi as CEO by Released M&G plc has appointed Andrea Rossi as its next CEO and executive director.
Transactions | Sep 29, 2022 BARDAS and Bain Capital Real Estate to develop $600m studio campus in Hollywood by Andrea Zander BARDAS Investment Group and Bain Capital Real Estate have plans for the $600 million redevelopment of the former Television Center at 6311 Romaine St. in the heart of Hollywood, Calif., through the firms’ joint venture.
Fundraising | Sep 29, 2022 Verdion launches second European logistics fund by Kali Persall Verdion, a pan-European logistics real estate specialist based in London, has brought its second European fund to market.
Transactions | Sep 29, 2022 Hong Kong investor, with TelstraSuper, buys stake in Sydney mall for $78m by Andrea Zander TelstraSuper, an Australian superannuation fund, and Hong Kong investor The JY Group have acquired a 50 percent stake in Carlingford Court, a suburban Sydney mall, for A$120.5 million ($78.2 million).
Investors | Sep 29, 2022 Texas Municipal Retirement System backs Stonepeak, Pennybacker value-add funds by Kali Persall The Texas Municipal Retirement System (TMRS) has committed a total of $300 million to two value-add real estate funds managed by Stonepeak and Pennybacker Capital.
Fundraising | Sep 29, 2022 EOS Investors unveils new U.S. hotel fund by Kali Persall EOS Investors, a New York City–based investment firm focused on the hospitality sector, has launched a new fund to invest in hotel and resort properties in the United States.
Investors | Sep 29, 2022 ICG and Pro-invest Europe launch €565m U.K. hospitality joint venture by Andrea Zander ICG Real Estate has launched a new investment platform together with specialist hotel investor and asset manager Pro-invest Group.
Research | Sep 29, 2022 Army Corps proposes $52b protection plan for N.Y. Harbor to prevent storm damage to region by Andrea Zander The U.S. Army Corps of Engineers has estimated $52 billion needs to be spent to build a network of coastal barriers to protect the New York City–New Jersey region from storm flooding.
Transactions | Sep 29, 2022 Barings completes first single-family housing deal in Osnabrück, Germany by Released Barings has acquired its first European single-family housing build-to-rent (BTR) scheme in Osnabrück, Germany.
Transactions | Sep 28, 2022 GIC and NorthWest acquire Brisbane private hospital by Andrea Zander NorthWest Australia as entered a sale-and-leaseback deal for a 70-bed private hospital.
Investors | Sep 28, 2022 Ontario Teachers’ bolsters foothold in India with opening of new office by Kali Persall Ontario Teachers’ Pension Plan Boardhas opened a new office in Mumbai to bolster its existing portfolio in India.
Research | Sep 28, 2022 84% of Americans concerned a recession will occur in the next three months by Released A total of 84 percent of Americans said they are concerned about a recession occurring by the end of the year.
People | Sep 28, 2022 Group CEO of Universities Superannuation Scheme to step down in 2023 by Kali Persall Bill Galvin, group CEO of the U.K.’s Universities Superannuation Scheme (USS), has decided to step down from his position next year after a decade in the role.
People | Sep 28, 2022 Empira Group appoints global head of investment management by Released Empira Group has named Markus Königstein as its global head of investment management.
Investors | Sep 28, 2022 Stonepeak forms strategic logistics investment partnership with Equalbase by Andrea Zander Stonepeak has formed a strategic investment partnership with Equalbase.