Transactions | Apr 25, 2022 British Land sells 75% stake in the majority of its Paddington Central assets to GIC for €824m by Andrea Zander British Land has exchanged on the sale of a 75-percent interest in the majority of its Paddington Central assets to GIC.
People | Apr 25, 2022 PGIM Real Estate appoints Lockridge as chief diversity, equity and inclusion officer by Released PGIM Real Estate has appointed Christy Lockridge as the business’s first chief diversity, equity and inclusion officer, based in Chicago.
Investors | Apr 25, 2022 Oregon invests $400m in Abacus partnership by Kali Persall The Oregon State Treasury has invested $400 million as part of an ongoing partnership with Abacus Capital Group.
Transactions | Apr 25, 2022 GIC invests in Australian student-housing fund by Andrea Zander Wee Hur Holdings has plans to divest a 9.9-percent stake in a student-accommodation fund.
Transactions | Apr 25, 2022 Blackstone Real Estate to acquire PS Business Parks for $7.6b by Andrea Zander and Kali Persall Affiliates of Blackstone Real Estate have plans to acquire PS Business Parks in an all-cash transaction valued at approximately $7.6 billion.
Investors | Apr 25, 2022 Round Hill Capital, QuadReal extend partnership, commit €575m to Irish housing by Released Round Hill Capital and QuadReal Property Group has expanded their joint venture partnership in Ireland.
Transactions | Apr 25, 2022 Aviva Investors increases presence in Amsterdam office market by Released Aviva Investor has acquired The Vondel Portfolio – a collection of eight office assets in Amsterdam.
Fundraising | Apr 22, 2022 Griffis Residential holds first closing of sixth closed-end private-equity fund by Andrea Zander Griffis Residential announced the completion of the first closing of its sixth closed-end private-equity fund.
People | Apr 22, 2022 Interim leader appointed to Texas Pension Review Board by Kali Persall An interim replacement has been selected for Anumeha Kumar, former executive director of the Texas Pension Review Board (PRB), who left at the end of February to take up the same leadership role at the Austin Firefighters Relief & Retirement Fund (AFRS).
Research | Apr 22, 2022 Shifting behavior lifts sales: Are physical retailers rebounding? by Andrea Zander Tangible locations account for larger slice of total retail sales, according to Marcus & Millichap.
Transactions | Apr 22, 2022 Valor continues U.K. regional last-mile expansion with €60m million off-market Birmingham acquisition by Released Valor Real Estate Partners has completed the acquisition of a prime last-mile logistics facility in Birmingham.
Fundraising | Apr 22, 2022 Artemis Real Estate Partners Healthcare Fund II nears $1b hard cap by Kali Persall Artemis Real Estate Partners Healthcare Fund II has raised more than $636 million from 21 investors.
Fundraising | Apr 22, 2022 Essex Property Trust, UDR holds first close for ESG fund by Andrea Zander Industry-leading multifamily REITs Essex Property Trust and UDR, Inc. announced a first closing.
Transactions | Apr 22, 2022 BentallGreenOak buys industrial portfolio in San Diego by Released BentallGreenOak has acquired a 614,020-square-foot class-A industrial portfolio consisting of seven manufacturing and distribution buildings in northern San Diego.
Transactions | Apr 22, 2022 Hines completes first office tower to achieve 19% reduction in carbon emissions by Released Hines has completed the concrete core and steel structure for Salesforce Tower Chicago, the 60-story, 1.2 million-square-foot office tower in downtown Chicago.
Investors | Apr 22, 2022 PSP Investments launches climate-strategy roadmap by Kali Persall The Public Sector Pension Investment Board has launched its first Climate Strategy with the goal of reducing emissions across its investment portfolio.
Transactions | Apr 22, 2022 Pebblebrook Hotel Trust to acquire Inn on Fifth in Naples, Fla., for $156m by Released Pebblebrook Hotel Trust has plans to acquire the AAA Four Diamond, 119-room Inn on Fifth in Naples, Fla., for $156 million.
Transactions | Apr 22, 2022 Heimstaden invests €149m in Edinburgh residential project by Released Heimstaden has agreed to fund and acquire PLATFORM_’s 464-home residential project in Edinburgh for €149 million ($161 million).
People | Apr 22, 2022 Cambridge Realty Capital founder and CEO passes away by Released Cambridge Realty Capital has announced the sudden death of Jeffrey Davis, founder and CEO.
Research | Apr 22, 2022 Global economic sentiment takes a hit by Jennifer Molloy From the COVID-19 pandemic to Russia’s war on Ukraine, the world has seen its fair share of black swan events recently.
