People | Jan 6, 2023 Thomas Charvet appointed new managing director of Greystar France by Released Greystar Real Estate Partners has appointed Thomas Charvet as managing director of Greystar France.
Research | Jan 6, 2023 BIRA calls sharp rate of shop closures ‘frightening’ by Released The British Independent Retailers Association has said the sharp rise in shop closures during the past 12 months is “frightening.”
Research | Jan 6, 2023 Record demand for senior housing was seen in 2022 by Andrea Zander The senior housing occupancy rate increased 0.9 percentage points from 82.1 percent in third quarter 2022 to 83.0 percent in fourth quarter 2022, according to data from NIC MAP Vision. The occupancy rate has increased 5.2 percentage points from a pandemic low of 77.8 percent in second quarter 2021.
Transactions | Jan 6, 2023 COIMA officially starts work on 2026 Winter Olympic Village, building permit granted by Released COIMA has obtained a building permit, together with a number of other planning agreements, from the Municipality of Milan for the 2026 Winter Olympic Village.
Investors | Jan 5, 2023 LACERA looks to place $1.2b in core real estate in 2023 by Kali Persall The Los Angeles County Employees Retirement Association (LACERA) is planning to invest $1.2 billion in core real estate in 2023, in line with a pacing model approved by the board in 2022.
People | Jan 5, 2023 Amro Partners appoints Rainer Nonnengässer to lead push into new European markets by Released Amro Partners has welcomed Rainer Nonnengässer as a senior managing director, leading its drive into new European student housing markets, including Germany, the Netherlands and Austria.
Transactions | Jan 5, 2023 Patrizia fund acquires retail outlet center in Denmark for €52m by Released A joint venture between CapMan Nordic Real Estate Investment and Agat Ejendomme A/S has signed a sale-and-purchase agreement for the sale of Ringsted Outlet.
People | Jan 5, 2023 Nicholas Liolis joins Guardian Life as CIO by Kali Persall Guardian Life Insurance Co. has appointed Nicholas Liolis, an experienced investment professional and industry veteran, as its new CIO, effective Jan. 23.
Transactions | Jan 5, 2023 Primonial REIM buys Paris office building by Released Primonial REIM France has completed the acquisition of the Bloom office building.
Transactions | Jan 5, 2023 Harrison Street acquires 279-bed student housing project in Montreal by Released Harrison Street has formed a joint venture with WerkLiv, a Montreal-based real estate development firm that focuses on cost-conscious student housing, to acquire Le Mildoré, a 279-bed purpose-built student accommodation (PBSA) project in Montreal.
Investors | Jan 5, 2023 Digital Edge, NIIF and AGP to build $1b data centers in India by Andrea Zander Digital Edge, National Investment and Infrastructure Fund (NIIF), and AGP DC InvestCo Pte. have entered into a partnership to develop a pan-India portfolio of hyperscale data centers.
People | Jan 5, 2023 Nils Femmer appointed to management board at QUEST Investment Partners by Released QUEST Investment Partners, an investment and project development company based in Germany, has appointed COO Nils Femmer to its management board.
People | Jan 5, 2023 Pennsylvania PSERS chooses new CIO following nationwide search by Kali Persall The Pennsylvania Public School Employees' Retirement System (PSERS) has appointed Benjamin Cotton.
Transactions | Jan 5, 2023 Tishman Speyer sells 10-building office campus in Shanghai for $1b by Andrea Zander Tishman Speyer has sold The Springs Center in Shanghai to an RMB-denominated fund co-managed by CapitaLand Investment.
Research | Jan 5, 2023 Industrial supply outpaces demand for second consecutive quarter by Andrea Zander Industrial supply has outpaced demand for the second consecutive quarter.
University of Cincinnati student housing development secures joint venture equity by Released JLL Capital Markets has secured joint venture equity for the development of Four Corners, a 404-bed/136-unit student housing development adjacent to the University of Cincinnati.
Transactions | Jan 5, 2023 JLL consortium advises on major South Korea office transaction by Andrea Zander JLL has announced that, jointly with NAI Propertree and Deloitte, it acted as a consortium sales adviser on behalf of EDN Investment Management, to complete the transaction of the fund’s beneficiary certificates for the sale of GB I and GB II Tower, two office assets with a total gross floor area of 57,680 square meters (620,860 square feet), located in the highly sought-after Pangyo Techno Valley in Seoul.
SPONSORED: Amherst – Supporting housing stability through long-term capital commitment by Jennifer Babcock The pandemic forced progress in housing affordability and support for residents in a variety of housing situations.
SPONSORED: CBRE IM – Overcoming the denominator effect challenge by Jennifer Babcock The sharp drop off in the markets in 2022 left many investors overinvested according to their allocation mandates in illiquid assets, such as real estate and infrastructure.
Fundraising | Jan 4, 2023 FCP Realty Fund VI secures $373m of capital from investors by Kali Persall FCP Realty Fund VI, a value-added fund managed by FCP, has secured more than $373 million against a target of $1.65 billion.
