Investors | Jan 7, 2022 Texas TRS backs Apollo, Pennybacker, DivcoWest strategies by Kali Persall The Teacher Retirement System (TRS) of Texas has unveiled three new commitments to existing managers within its real estate portfolio.
Research | Jan 7, 2022 Industrial continues smashing records: Demand outpaces supply by Released Fourth quarter U.S. industrial statistics showing record-setting absorption exceeding 500 million square feet, and vacancy dropping below 4 percent for the first time ever, at 3.7 percent.
Research | Jan 7, 2022 December rebounds in foot traffic for both indoor and outdoor malls by Andrea Zander After a lackluster Black Friday, December did see a “fast and significant” rebound in foot traffic for both indoor and outdoor malls — a sign that customers were hungry to get out and shop.
Transactions | Jan 7, 2022 Standard Real Estate plans $200m project with NHT Communities and Trammell Crow Co. by Released Standard Real Estate Investments has announced the acquisition of a seven-property land assemblage in Washington, D.C.’s, Ward 8, adjacent to the St. Elizabeths East campus.
Research | Jan 7, 2022 Appetite swells for Poland’s flex office market by Kali Persall The hybrid working model that emerged during the COVID-19 pandemic has led to a growing appetite for flexible office space worldwide.
People | Jan 7, 2022 Catharina Becker to become head of institutional property solutions at Union Investment by Released New hire Catharina Becker will head up the institutional property solutions department at Union Investment Institutional Property GmbH in Hamburg, Germany.
Transactions | Jan 7, 2022 Sainsbury’s to buy back eight more supermarket stores from REIT, pension JV by Kali Persall Sainsbury’s has exercised its second purchase option to acquire eight stores within its Sainsbury’s Reversion Portfolio.
Research | Jan 7, 2022 U.S. adds 199,000 jobs in December by Loretta Clodfelter In December, total nonfarm payroll employment increased by 199,000 jobs.
People | Jan 7, 2022 PSERS selects temporary leader by Andrea Zander The Pennsylvania Public School Employees’ Retirement System (PSERS) has unanimously voted to appoint Terrill (Terri) Sanchez as interim executive director.
Transactions | Jan 7, 2022 Wharton Industrial buys 101-acre parcel for $200m development by Released Wharton Industrial has acquired a 101-acre parcel of land in Mesa, Ariz.
Research | Jan 7, 2022 Senior housing occupancy increases for second consecutive quarter in fourth quarter 2021 by Released Senior housing occupancy increased for the second consecutive quarter.
Investors | Jan 6, 2022 Heitman forms JV with Sylvan Road by Andrea Zander Heitman has formed a joint venture with Sylvan Road Capital.
Transactions | Jan 6, 2022 Kennedy Wilson JV acquires 21-acre development site in Bend, Ore. by Released Kennedy Wilson has entered into a joint venture with Matt Day, owner of Bend, Ore.–based Hooker Creek Cos., to acquire and develop a vacant 21-acre site in the heart of Bend.
Transactions | Jan 6, 2022 LaSalle purchases pair of retail outlets for €717m by Andrea Zander LaSalle Investment Management has acquired Cheshire Oaks in the northeast United Kingdom, and the Swindon Designer Outlet in the southwest United Kingdom from Nuveen Real Estate.
Transactions | Jan 6, 2022 Ascentris, Sterling Bay form development JV for residential tower in Chicago by Andrea Zander Ascentris and Sterling Bay form joint venture to develop 160 N Morgan, a class A residential tower with ground-floor retail in Fulton Market.