Research | Jul 14, 2023 German investment markets continue to struggle with challenging environment by Released Germany’s commercial investment markets continued to be largely characterized by changing debt conditions and a challenging overall economic environment in second quarter 2023.
Transactions | Jul 14, 2023 LS Estates received approval for €234m project in Canary Wharf by Andrea Zander LS Estate has received approval for the repurpose of an office building in London’s Canary Wharf for life sciences and technology tenants.
People | Jul 14, 2023 Founder and former CEO of Harbor Sterling Griffin to retire by Andrea Zander Harbor Custom Development announced Jeff Habersetzer as the company’s interim CEO and interim president.
People | Jul 14, 2023 Greystone promotes Eric Welby to CFO by Released Eric Welby has been promoted to CFO at Greystone.
Investors | Jul 14, 2023 Japan’s Government Pension Investment Fund invests $500m to BREP X by Andrea Zander Japan’s Government Pension Investment Fund has made a $500 million commitment to Blackstone Real Estate Partners X.
People | Jul 14, 2023 Los Angeles Fire and Police Pensions names new CIO by Andrea Zander The $30 billion Los Angeles Fire and Police Pensions (LAFPP) has named Bryan Fujita as CIO.
Transactions | Jul 14, 2023 Sendero Capital and Angelo Gordon complete first MOB acquisition as part of their programmatic JV by Denise Moose A joint venture between Sendero Capital and Angelo Gordon announced it has completed the acquisition of 1952 Whitney Ave..
Fundraising | Jul 14, 2023 PNC Bank announces $161m affordable housing fund benefiting families and seniors by Released PNC Bank announced the closing of PNC Low Income Housing Tax Credit (LIHTC) Fund 87.
Transactions | Jul 14, 2023 ESR completes its first ecommerce logistics park in southwest China's Guangxi by Released ESR Group has completed the construction of ESR Nanning Wuxiang E-commerce Logistics Park in Nanning, the capital of Southwest China's Guangxi Zhuang Autonomous Region (Guangxi).
Transactions | Jul 13, 2023 AEW acquires 4-star Paris Marriott Charles de Gaulle Airport Hotel in France by Released AEW has purchased the four-star Paris Marriott Charles de Gaulle Airport Hotel from Commerz Real.
Research | Jul 13, 2023 Despite lower inflation, quarter-point rate hike still expected by Andrea Zander CBRE expects that inflation will continue to moderate but remain above the Fed’s 2 percent for the rest of 2023.
Investors | Jul 13, 2023 Lincoln Property forms retail JV with Paragon Commercial Group by Andrea Zander Lincoln Property Co. has formed a joint venture with retail investment firm Paragon Commercial Group.
Research | Jul 13, 2023 More than half of U.K. warehouse space faces obsolescence by 2030 by Released Approximately 128 million square feet of U.K. warehouse space, 18 percent of all units above 50,000 square feet, will fail to meet minimum EPC requirements by 2027 and risk becoming unlettable.
Investors | Jul 13, 2023 Fidelity to offer private real estate exposure to investors through Brookfield by Andrea Zander Fidelity Investments Canada has entered into an agreement with Brookfield Asset Management.
People | Jul 13, 2023 Lincoln Property Co. appoints Dan Roth as CFO, COO by Released Daniel Roth has joined Lincoln Property Co. as CFO and COO.
Fundraising | Jul 13, 2023 Suffolk Technologies closes first VC fund for construction/real estate innovation by Released Suffolk Technologies, an institutional venture capital firm affiliated with Suffolk, the $5 billion national construction firm, has closed its inaugural fund with $110 million in commitments.
Research | Jul 13, 2023 Pick-up in multifamily demand still not enough to match supply by Released Supply continues to outpace demand across the country with 520,000 new units expected to be delivered by the end of the year.
Investors | Jul 13, 2023 BGO Industrial REIT launches by Andrea Zander BGO Industrial Real Estate Income Trust (BGO IREIT), sponsored by BGO, a real estate investment management advisor and a recognized provider of real estate services, has launched as a pure-play industrial REIT.
Fundraising | Jul 13, 2023 Newcore Capital pays $32m for seven social infrastructure assets in England by Kali Persall Newcore Capital has acquired seven assets representing a gross purchase price of £25 million ($32 million) on behalf of its latest value-add social infrastructure fund, Newcore Special Situations V (NSS V).
Higher interest rates mean a new era of commercial real estate investment by Loretta Clodfelter A new era of investing has begun, according to David Steinbach, global chief investment officer at Hines. Steinbach recently tackled a few questions from Institutional Real Estate, Inc. about the current investment market, touching on the far-reaching impacts of the higher-interest-rate environment.
