Newsline

The Teachers’ Retirement System of the State of Illinois (ITRS) has committed $200 million to Pretium Residential Credit Fund III, as of Feb. 20, 2025.

Welltower has acquired a portfolio of 38 ultra-luxury seniors housing communities and nine entitled development parcels, including a 31-property in-place portfolio valued at C$3.2 billion ($2.22 billion), from Ontario Teachers' Pension Plan for aggregate consideration of C$4.6 billion ($3.18 billion). 

Cantor Fitzgerald and Silverstein Properties has held a close for its Cantor Silverstein Opportunity Zone Trust II (CSOZ Trust II) with more than $470 million of equity raised.

Icona Capital and Stoneweg have plans to operate under the new SWI Group brand.

PGIM Real Estate has launched OmniLiv.

Basis Investment Group has announced the formation of BIG Lion, a new partnership with Lion Creek Real Estate Capital.

Mitiska REIM has held a final closing of the MEREP 3 European value-added fund at €310 million ($325 million), exceeding the initial target of €300 million ($315 million) and representing a 39 percent increase in funds raised compared to the preceding fund at final close.

Ardian and Rockfield have acquired Cristóbal de Moura, a 347-bed student accommodation asset in Barcelona. This marks Ardian and Rockfield’s first joint acquisition in Spain. 

Octopus Investments has launched the Octopus Real Estate Debt Fund IV (OREDF IV).

SC Capital Partners Group has closed the sale of a student accommodation asset located in 159–171 Anzac Parade & 1 Lorne Avenue Kensington, Sydney.

Diversified Healthcare Trust has closed the previously announced sale of 18 triple-net leased senior living communities to Brookdale Senior Living for $135 million.

Melbourne-based Nikos Property Group has acquired a 50 percent stake in Northland Shopping Center.

Molly Mahoney, managing director on the capital raising team at Slate Asset Management, recently participated in a special feature highlighting accomplished women in the real estate sector for the Institutional Real Estate Americas publication. She shared her career experiences, provided expert perspectives on the industry, and extended empowering guidance to fellow women professionals in the field.

There has been hesitation to enter property markets in wholehearted fashion since the pandemic. Will the next one to two years see a flurry of transactions that have been on the negotiating table? There is the potential for that.

The 2022–2023 downturn was indiscriminate, based as it was on the rapid move away from 0 percent interest rates, but as always there were winners and losers — with offices clearly sitting in the latter group, writes Rory Allan, managing director and portfolio manager for Barings' value-add real estate fund series.

The year 2024 saw economies in Asia Pacific navigate through inflationary pressures, moderating domestic demand post-pandemic and an export rebound driven by the global technology upturn.

There has been hesitation to enter property markets in wholehearted fashion since the pandemic. Will the next one to two years see a flurry of transactions that have been on the negotiating table? There is the potential for that.

Where are we in the cycle for listed REITs and how the new U.S. administration might affect REIT investment activity in the year to come are some of the issues Todd Kellenberger, client portfolio manager, real estate securities, with Principal Asset Management, tackles in an interview published in the March issues of Institutional Real Estate Americas and Institutional Real Estate Asia Pacific.

A shift in buyer preferences, demand for transit-oriented developments and emerging growth areas are some of the trends influencing the build-to-rent (BTR) opportunities in the Sydney’s property market.

The trends driving the current new economy globally are well matched by the trends driving the economy and real estate in Asia.