Transactions | Sep 20, 2022 Central and Eastern Europe retail portfolio sells for €324m by Andrea Zander Austrian listed property firm IMMOFINANZ has acquired 53 retail properties.
People | Sep 20, 2022 Harrison Street shores up investor relations team by Kali Persall Harrison Street has bolstered its investor relations team with several new additions.
Fundraising | Sep 20, 2022 Hudson Valley Property Group closes second preservation fund above $250m target by Kali Persall Hudson Valley Property Group has closed its second real estate private equity fund with more than $292 million of capital commitments.
Investors | Sep 20, 2022 UBS Asset Management collaborates with PGGM, family offices to deliver U.S. cold storage facilities by Kali Persall UBS Asset Management with partners to develop cold storage facilities in the United States.
Investors | Sep 20, 2022 Azora fund acquires two more properties, spending $140m of its capital by Andrea Zander Azora has completed the purchase of two further properties on behalf of the ONE Azora Exan Multifamily Fund I.
Research | Sep 20, 2022 NYC hospitality sector continues recovery as travel surges and hotels reopen by Andrea Zander As the United States continues to recover from the events of the last two years, New York City tourism is returning to pre-pandemic levels.
Investors | Sep 20, 2022 Hybrid travelers helping to drive hotel recovery in Europe by Marek Handzel Castleforge Partners has noticed that hybrid travelers — white-collar workers who mix business with leisure — are taking extended weekend stays away from home that allow them to work while vacationing with their families.
Investors | Sep 20, 2022 Bridge Investment Group forms office JV with Grosvenor by Andrea Zander Bridge Investment Group Holdings has signed a definitive agreement to form a joint venture with Grosvenor.
People | Sep 20, 2022 DRC Savills IM hires Steve Willingham to drive growth in Asia by Released DRC Savills Investment Management has hired Steve Willingham as head of Asia.
Transactions | Sep 20, 2022 HPP and Machine Investment Group JV makes first transaction by Released HPP Real Estate, a division of Hill Property Partners, has closed on the recapitalization of North Hill Apartments, a 148-unit multifamily rental property located in Virginia Beach, Va., just one year after purchasing the asset.
Investors | Sep 19, 2022 Blackstone Real Estate Partners X picks up North Carolina Retirement Systems as an investor by Kali Persall Blackstone Real Estate Partners X (BREP X), the latest in Blackstone’s series of global flagship real estate funds, has added another U.S. pension fund to its growing investor base.
Transactions | Sep 19, 2022 Union Investment acquires Dublin residential development by Released Union Investment has acquired Newtown Gardens, a development in Blackrock, in Dublin’s south suburbs.
Transactions | Sep 19, 2022 LPC West, Intercontinental close on future life sciences building in Seattle by Released LPC West has partnered with Intercontinental Real Estate Corporation to close on a future nine-story office building near Seattle’s Space Needle.
Investors | Sep 19, 2022 Alaska Permanent Fund Corp. discloses $400m of real estate commitments by Kali Persall The Alaska Permanent Fund Corp. (APFC) has unveiled $400 million of new real estate commitments for the quarter ending June 30.
Investors | Sep 19, 2022 Capital Square launches private equity group to focus on build-for-rent, other non-traditional RE investments by Released Capital Square has launched its private equity group.
Transactions | Sep 19, 2022 ESR to develop South Korea’s first hydrogen-powered fulfilment by Andrea Zander ESR Group Limited, through its subsidiary Kendall Square Asset Management, has signed a memorandum of understanding (MOU) with SK Plug Hyverse (SKPH) and Coupang Fulfilment Services (CFS) for the development and operations of South Korea’s first eco-friendly, hydrogen-powered fulfilment center.
Fundraising | Sep 19, 2022 VanWest Partners brings third self-storage fund to market by Kali Persall VanWest Partners has launched its third fund.
Transactions | Sep 19, 2022 Thompson Thrift to develop $225m mixed-use project in Gilbert, Ariz. by Released Thompson Thrift has acquired a 35-acre parcel in the Phoenix suburb of Gilbert, Ariz.
Transactions | Sep 19, 2022 Fortis Property Group closes $1b refinancing for One Lincoln in Boston by Released Fortis Property Group announced the closing of a $1 billion-plus refinancing of One Lincoln in Boston.
Research | Sep 16, 2022 PGIM Real Estate releases its quarterly insights report by Andrea Zander As most real estate markets are in or heading for a downturn, all eyes are focused on the capital markets, according to PGIM Real Estate in its quarterly insights report for the third quarter.
