American Homes 4 Rent announces investment in Vesta Ventures Fund 1 by Released American Homes 4 Rent has made an investment in Vesta Ventures Fund 1, a residential-focused proptech venture capital fund.
Investors | Feb 24, 2022 Charter Hall Group and PSP Investments announce a further partnership by Andrea Zander Charter Hall Group and the Public Sector Pension Investment Board (PSP Investments), one of Canada's largest pension investment managers, have extended their 11-year relationship to acquire a development project under construction in Brisbane, Australia.
Fundraising | Feb 24, 2022 Time Equities Securities closes fifth diversified income and opportunity fund by Kali Persall Time Equities Securities has closed its fifth diversified income and opportunity fund.
Investors | Feb 24, 2022 Apollo launches $100b sustainable investing platform by Released Apollo has plans to launch a comprehensive sustainable investing platform focused on financing and investing in the energy transition and decarbonization of industry.
Transactions | Feb 24, 2022 Crown Realty Partners makes first acquisition for fund, appoints two managing partners by Kali Persall Crown Realty Partners has completed the first acquisition for its value-add fund, Crown Realty V Limited Partnership (CR V LP), acquiring a Canadian office portfolio.
Investors | Feb 24, 2022 CA Ventures affiliate Centris Industrial REIT launches with $350m investment by Andrea Zander Centris Industrial has announced the closing of an equity investment of $350 million from its partners.
Research | Feb 23, 2022 Cross-border investment in U.S. industrial assets reaches record levels by Released With more than $143 billion in transactions, investor demand in industrial assets in the United States soared to new heights in 2021.
Transactions | Feb 23, 2022 Leste Group, GVA Management complete $380m acquisition by Released GVA Management, in partnership with Leste Real Estate U.S., announced the completion of a $380 million portfolio of class-B multifamily residential properties that includes five communities across Texas, Tennessee and South Carolina.
Transactions | Feb 23, 2022 Cologix CIM Group form JV to develop data center by Released Cologix and CIM Group have formed a joint venture to construct and operate TOR4.
Transactions | Feb 23, 2022 AMP Capital, Dexus move forward with redevelopment of Sydney’s first skyscraper by Released AMP Capital Wholesale Office Fund (AWOF) and Dexus Wholesale Property Fund (DWPF) have appointed a contractor to redevelop 33 Alfred Street office building, Sydney’s first skyscraper.
Investors | Feb 23, 2022 MainePERS to put $90m in two open-ended Stockbridge, Invesco funds by Kali Persall Maine Public Employees Retirement System (MainePERS) has allotted $90 million of capital to two open-ended real estate funds.
Investors | Feb 23, 2022 GIC enters $680m New Zealand JV with Precinct Properties by Andrea Zander Precinct Properties has conditionally agreed to form a new real estate investment partnership with Singapore sovereign wealth fund GIC.
Research | Feb 23, 2022 Q&A: Technology-focused senior-living design is here to stay by Kali Persall In a Q&A with IREI, Tammy Ng, is a project manager at Alameda, Calif.-based architecture and design firm, MBH Architects, discusses the emergence of technology-focused trends in senior living design, how the pandemic has influenced those innovations and what the future holds for them.
Transactions | Feb 23, 2022 AEW to sell Singapore office block for $213m by Andrea Zander AEW has plans to sell 55 Market Street, Singapore.
Transactions | Feb 23, 2022 Castellum divests portfolio in Gävle for $245m by Released Castellum has divested 12 properties in Gävle, Sweden, to Fastighets AB Regio for SEK 2.3 billion (€217 million/$245 million).
Fundraising | Feb 23, 2022 Covenant Capital Group opens new $600m apartment fund by Kali Persall Nashville-based Covenant Capital Group has opened a new fund with a $600 million fundraising target, IREI has learned.
Transactions | Feb 23, 2022 London tower to sell for $1b by Andrea Zander WR Berkley has plans to sell The Scalpel office tower in London to Singaporean investor Ho Bee Land for more than £800 million (€959 million/$1.1 billion).
Transactions | Feb 23, 2022 Pacific Eagle Real Estate pays $645m for Tanglin Shopping Center in Singapore by Andrea Zander Pacific Eagle Real Estate has paid S$868 million ($644.6 million) for Tanglin Shopping Center, Singapore.
Investors | Feb 23, 2022 Houston Police Officers slates $25m for healthcare real estate fund by Kali Persall Houston Police Officers Pension System has greenlighted a $25 million commitment to a non-core healthcare real estate fund.
Investors | Feb 23, 2022 Fairfield closes $510m development JV by Andrea Zander Fairfield has closed on a new development joint venture with $510 million of equity commitments funded by California State Teacher’s Retirement System (CalSTRS) and a sovereign wealth fund. This is the first Fairfield-sponsored vehicle that pairs CalSTRS and a sovereign wealth investor.
