Research | Dec 20, 2022 Asia Pacific real estate investment volumes expected to fall 5% to 10% in 2023 by Released Asia Pacific real estate investment volume is expected to fall 5 percent to 10 percent in 2023, moderating further after a year-on-year decline of 25 percent in 2022. According to JLL, this forecast is due to the tumultuous economic and financing conditions weighing on sentiment.
Transactions | Dec 20, 2022 AXA IM Alts makes first investment into the Spanish healthcare market by Released AXA IM Alts has made its entry into the Spanish healthcare market.
Barings experts discuss risks and opportunities heading into 2023 by Andrea Zander In light of the continued market uncertainty and volatility, Barings’ leading experts discussed the risks and opportunities for commercial real estate debt and equity heading into 2023.
Research | Dec 20, 2022 INREV: Sharp correction for European non-listed real estate performance in Q3 2022 by Released The INREV Quarterly Fund Index has revealed a sharp correction in performance for the European non-listed real estate market in third quarter 2022.
Transactions | Dec 20, 2022 MG Properties acquires $184.6m multifamily deal in San Diego’s Kearny Mesa by Released MG Properties has purchased the multifamily community Domain San Diego in a joint venture with Rockwood Capital for $184.6 million.
Transactions | Dec 20, 2022 Passco Cos. sells Southwest Florida multifamily property for $115m by Released Passco Cos. has sold Longitude 82, a class A+ southwest Florida multifamily property, for $115 million.
Research | Dec 20, 2022 Homebuyers flock to Sun Belt states by Released Nationwide, 24.1 percent of homebuyers looked to move to a different metro during the three months ending in November.
People | Dec 20, 2022 CBRE Investment Management appoints head of asset management logistics Germany by Released CBRE Investment Management (CBRE IM) has appointed Markus Wagenknecht to head of asset management logistics Germany.
Research | Dec 19, 2022 KKR releases 2023 global macro-outlook by Released Investors will likely have an easier time navigating inflation’s negative impact on corporate earnings and consumer balance sheets in 2023 than they did with record high inflation in 2022.
Transactions | Dec 19, 2022 Shorenstein Properties sells campus in Charlotte’s University Research Park by Released Shorenstein Properties has sold the Commons at the Park, at 6800 Solectron Drive, Charlotte, S.C.
Investors | Dec 19, 2022 Landmark Properties expands portfolio into Connecticut with Manulife Investment Management partnership to develop residential apartments by Released Landmark Properties has formed a new build-to-core joint venture with Manulife Investment Management.
Investors | Dec 19, 2022 Illinois Municipal Retirement Fund approves $100m of commitments to latest Oak Street fund by Kali Persall The Illinois Municipal Retirement Fund (IMRF) has greenlighted a commitment of up to $100 million in Oak Street Real Estate Capital Fund VI.
Transactions | Dec 19, 2022 Keppel acquires office tower in Seoul’s CBD for $168m by Andrea Zander Keppel Land, Keppel Asia Macro Trends Fund IV (KAMTF IV) and KB Bank Discretionary Fund have entered into agreements for the proposed acquisition of Samhwan Building, a freehold 15-story office tower located in Seoul at a purchase price of $168 million.
Transactions | Dec 19, 2022 AEW acquires Swiss Life Asset Managers headquarters in Cologne, Germany by Released AEW has agreed to acquire Grand Slam.
Transactions | Dec 19, 2022 PATRIZIA's flagship fund buys French logistics portfolio by Released PATRIZIA PanEuropean Property Limited Partnership has acquired three logistics assets in France on behalf of its institutional clients, reaching a total gross asset value of €1 billion ($1.1 billion).
Fundraising | Dec 19, 2022 CapitaLand, Ally Logistic Property, Pruksa Holding establish logistics fund in Southeast Asia by Kali Persall CapitaLand Investment (CLI), Ally Logistic Property (ALP) and Pruksa Holding PCL (PSH) have launched a S$1 billion ($736 million) logistics fund.
Investors | Dec 19, 2022 Pennsylvania PSERS approves commitments to Bell Partners, Angelo Gordon real estate funds by Kali Persall The Pennsylvania Public School Employees' Retirement System (PSERS) has approved two real estate investment commitments.
Transactions | Dec 19, 2022 Icona Capital acquires 40% stake in Stoneweg by Released London-based Icona Capital has acquired a 40 percent minority stake in global real estate investment company, Stoneweg S.A.
Transactions | Dec 19, 2022 MRP Realty, Asana Partners JV acquire HQ to convert into urban loft-style residential units by Andrea Zander MRP Realty and Asana Partners have bought Duke Energy headquarters building at 526 S. Church Street in Charlotte, N.C.
