Transactions | Feb 22, 2022 NREP increases exposure to elderly care sector with 13-asset Swedish portfolio acquisition by Andrea Zander NREP announces that its NREP Income+ (NIP) fund has completed the acquisition of a portfolio of elderly care homes from Fastighets AB Stenvalvet, a Swedish real estate developer and manager, for €200 million ($227 million).
People | Feb 18, 2022 EXCLUSIVE — Civitas Capital Group appoints Jeff Gardner as managing director, head of capital raising, investor relations and fund management by Kali Persall Jeff Gardner has joined Civitas Capital Group as managing director, head of capital raising, investor relations and fund management.
Research | Feb 18, 2022 Prologis: Annual logistics rent index by Released Despite inflation concerns, consumers are still shopping, and intense competition for warehouses is pushing rents higher than ever. Prologis found rents for industrial real estate increased by a record 15.4 percent worldwide in 2021.
Transactions | Feb 18, 2022 Stoneweg Hospitality, Bain Capital JV makes third hotel acquisition this year by Released Stoneweg Hospitality and Bain Capital Credit, via their real estate hospitality joint venture, have acquired the Palladium Hotel Don Carlos in the coastal town of Santa Eulalia del Río, Spain.
Transactions | Feb 18, 2022 PGIM acquires €84m care home U.K. portfolio by Released Legal & General Investment Management has sold six care homes, Project Sandpiper and Poole, with 430 bedrooms to PGIM Real Estate for £70.2 million (€84 million/$95.37 million).
Fundraising | Feb 18, 2022 Fairview Partners Investment Management closes fifth investment fund by Kali Persall Fairview Partners Investment Management has completed a final closing of its Fairview Investment Fund V with $82 million in capital commitments.
Research | Feb 18, 2022 Graceada Partners report: Companies change towards more ‘gigitized’ nature by Andrea Zander A virtual, digital, and information-oriented economy comes with consequences: People can work wherever they want and the work they do takes less time because they have the technology aiding every step of the way.
Research | Feb 18, 2022 Industrial and multifamily investment volume hits record highs in 2021 by Released Industrial and multifamily investment volume hit record highs in 2021, contributing to an unprecedented $808.7 billion full-year volume, an 87.8 percent increase year-over-year and 34.8 percent more than pre-COVID-19 peak volume, according to Newmark.
Research | Feb 18, 2022 Monthly U.K. investment volumes surge to €4.22b by Released About £3.7 billion (€4.44 billion/$5 billion) of U.K. commercial property was transacted in January 2022, putting volumes 37 percent more than the long-term monthly average, according to Savills.
Investors | Feb 18, 2022 Ohio Public Employees logs 15.3% return for the year by Kali Persall The Ohio Public Employees' Retirement System's (OPERS) Defined Benefit (DB) Fund was higher for the quarter and recorded a 15.3 percent return during the past year, according to a board meeting packet published Feb. 16.
Transactions | Feb 18, 2022 Invesco Real Estate purchases industrial and grocery-anchored retail properties by Released Invesco Real Estate Income Trust (INREIT) announced the acquisition of an industrial property and a grocery-anchored retail property.
Investors | Feb 18, 2022 Bristol County Retirement System commits to open-ended Oaktree, TA Realty funds by Kali Persall Bristol County (Mass.) Retirement System has invested a total of $16 million in two open-ended real estate funds.
Research | Feb 18, 2022 E-commerce boom continues to drive record levels of investment, leasing activity by Andrea Zander The e-commerce boom is continuing to drive demand for industrial and logistics assets across Europe, as new records were set for both levels of investment and leasing activity in 2021, according to Savills.
Investors | Feb 18, 2022 Noble Investment Group and Host Hotels & Resorts develop strategic alliance by Andrea Zander Noble Investment Group and Host Hotels & Resorts have formed a strategic alliance to serve the travel, hospitality and leisure industry.
Transactions | Feb 18, 2022 AXA IM Alts completes forward funding acquisition of 313-unit residential development in The Hague by Released AXA IM Alts has acquired, by way of a forward purchase agreement and acting on behalf of clients, the ‘Binck City Park Block 1’ residential development in The Hague, the Netherlands.
Transactions | Feb 18, 2022 Landmark Properties and Blackstone Real Estate Income Trust acquire student housing portfolio by Andrea Zander Landmark Properties and Blackstone Real Estate Income Trust, Inc. (BREIT) have acquired, through their previously announced joint-venture, 2,248 beds across four student housing properties located in Tier 1 markets.
Transactions | Feb 17, 2022 The RADCO Cos. pays $131m for luxury high-rise multifamily building in Atlanta by Released The RADCO Cos. has acquired Skyhouse Midtown, a 320-unit, 23-story luxury high-rise multifamily building in Midtown Atlanta, for $131 million.
Transactions | Feb 17, 2022 Intercontinental Real Estate, MG Properties pay $143m for Denver apartment community by Released Intercontinental Real Estate Corp., in a joint venture with MG Properties, has acquired Stone Cliff Apartments.
Investors | Feb 17, 2022 Denholtz Properties forms $1b JV targeting multitenant industrial properties by Andrea Zander Denholtz Properties has launched a $1 billion joint venture.
Transactions | Feb 17, 2022 Partners Group sells €200m Finnish portfolio by Andrea Zander Partners Group, acting on behalf of its clients, has sold the majority of its Finnish holdings.
