Research | Sep 27, 2022 Malls continue to reinvent themselves to be community hubs by Andrea Zander Although malls were hit hard during COVID-19, foot traffic data continues to rise as they find ways to reinvent themselves.
Transactions | Sep 27, 2022 Landmark Properties stars construction on first build-to-rent neighborhood by Released Landmark Properties has broken ground on its new build-to-rent division focused on single-family rental home neighborhoods.
Fundraising | Sep 27, 2022 ESR Group, LOGOS complete anchor close of Pan Asia Core+ Venture by Kali Persall ESR Group and its subsidiary LOGOS, a logistics specialist with operations across 10 countries in Asia Pacific, have completed the anchor close of the new co-branded Pan Asia Core+ Venture (PACV) with $250 million in equity commitments.
Fundraising | Sep 27, 2022 Alpha Real Capital reaches €100m mark for European Long Income Fund by Kali Persall Alpha Real Capital’s European Long Income Fund (ELIF) has successfully raised and deployed capital from institutional investors to the tune of €100 million ($96 million).
People | Sep 27, 2022 Natixis Investment Managers appoints Dora Seow as CEO for Singapore by Released Natixis Investment Managers has named Dora Seow as CEO for Natixis Investment Mangers Singapore.
Transactions | Sep 27, 2022 AEW acquires newly developed prime office building in Munich for German pension fund by Released AEW has purchased the newly developed office building in Munich.
Investors | Sep 27, 2022 International pension fund to make significant investment in Anchor Health Properties by Andrea Zander StepStone Real Estate has made a significant strategic equity investment in Anchor Health Properties.
Investors | Sep 27, 2022 IGIS, QuadReal launch $1b South Korean logistics JV by Andrea Zander IGIS Asia Investment Management, the pan-Asian fund management arm of IGIS Asset Management, Korea’s largest real estate asset manager, and global real estate company QuadReal Property Group have formed a programmatic joint venture to develop logistics assets in South Korea.
Transactions | Sep 27, 2022 Heitman expands U.K. student housing portfolio, invests in Bath PBSA by Released Heitman has invested in the Hollis Building, Bath.
Fundraising | Sep 26, 2022 China Construction Bank Corp. to establish $4.2b house rental fund by Andrea Zander China Construction Bank Corp. has plans to launch a $4.2 billion house rental fund to buy properties from developers.
Investors | Sep 26, 2022 New York Mortgage Trust to reposition away from multifamily JV equity portfolio by Released New York Mortgage Trust announced that its board of directors has approved a strategic repositioning of its business by opportunistically disposing of the company’s joint venture equity interests in multifamily properties over time and reallocating its capital away from such assets to its targeted assets.
Transactions | Sep 26, 2022 Blackstone to sell $400m stake in Embassy REIT by Andrea Zander Blackstone has plans to sell its $400 million stake in India’s maiden Real Estate Investment Trust, Embassy Office Parks REIT, according to media outlets.
Fundraising | Sep 26, 2022 Blackstone Real Estate Partners Asia III nears $9b fundraising target by Kali Persall Blackstone has secured more than $7.8 billion for its Blackstone Real Estate Partners Asia III, moving closer to its $9 billion fundraising target.
Transactions | Sep 26, 2022 Multi Corp, on behalf of Blackstone, sells development site in Lisbon by Released Multi Corporation closes share deal with Atenor for development of new office project in Lisbon
Research | Sep 26, 2022 Global: Why inflation's being stubborn and what might make it more so by Andrea Zander Since the global financial crisis (GFC), fiscal support has inflated public debt in the advanced economies (AEs), and during the post-pandemic recovery, provision for households pushed up inflation.
Investors | Sep 26, 2022 SWIB commits $751m to real estate funds by Kali Persall The State of Wisconsin Investment Board (SWIB) has unveiled a total of $751 million of commitments to a number of real estate funds from April to June.
Investors | Sep 26, 2022 San Francisco Employees backs GCP SecureSpace Property Partners by Kali Persall San Francisco Employees Retirement System (SFERS) has committed $65 million to GCP SecureSpace Property Partners.
Transactions | Sep 26, 2022 LXi REIT cancels €562m U.K. grocery store portfolio purchase by Andrea Zander LXi REIT has plans to cancel its £500 million (€559 million/$542 million) acquisition of 18 grocery store assets.
Hyatt Hotels Corp. partners with Japanese operator, forms 50-50 JV by Released Hyatt Hotels Corp. and Japanese operator Kiraku have signed a 50-50 joint venture to develop modern-style hot spring ryokans (Japanese-style inn) hotels in Japan targeting global travelers under the new hospitality brand, ATONA.
Transactions | Sep 23, 2022 Lendlease, Ivanhoé Cambridge break ground on $500m life science development in Boston landing by Released Lendlease and Ivanhoé Cambridge have begun construction on the partnership’s $500 million life science development at 60 Guest St. in Boston.