Investors | Jun 2, 2022 Korea Investment Corp. discloses 9.13% return by Kali Persall Korea Investment Corp. (KIC), South Korea's sovereign wealth fund, has posted a 9.13 percent annualized return on total assets, representing a $16.9 billion return on investments as of December 2021.
Transactions | Jun 2, 2022 Colliers completes investment in leading infrastructure investment firm by Andrea Zander Colliers has completed its strategic investment in Basalt Infrastructure Partners, a trans-Atlantic infrastructure investment management firm with more than $8.5 billion of assets under management.
Fundraising | Jun 2, 2022 NorthBridge Partners surpasses $400m for fourth logistics fund by Kali Persall NB Partners Fund IV, a value-add fund managed by NorthBridge Partners, has secured more than $417 million, according to a recent filing with the SEC.
Transactions | Jun 2, 2022 Greystar invests in Frankfurt residential scheme by Released Greystar Real Estate Partners has acquired the Kanso development, a 303-unit mid-rise residential project in Frankfurt.
Investors | Jun 2, 2022 Montana adds $50m to AG Realty Value Fund XI by Kali Persall The Montana Board of Investments has committed $50 million to a closed-end real estate debt investment vehicle managed by Angelo, Gordon & Co, according to a recent board meeting document.
Transactions | Jun 2, 2022 €500m logistics fund buys German logistics property by Andrea Zander HIH Invest has acquired a logistics property comprising 7,050 square meters (75,885 square feet) from the Lange Family Office (LP MG GmbH).
Investors | Jun 2, 2022 State of Wisconsin Core Trust Fund return comes in ahead of benchmark by Kali Persall The $165.6 billion State of Wisconsin Investment Board (SWIB) has announced an –8.5 percent return for its Core Trust Fund, against a benchmark return of –8.82 percent, for the year ending April 30.
Investors | Jun 2, 2022 Lendlease Communities investing over $1b across SFR installations by Andrea Zander Lendlease Communities has raised more than $7 billion in the private market to fund housing redevelopment across its portfolio.
People | Jun 2, 2022 Former CIO of POBA joins Yulchon by Jennifer Molloy Dong Hun Jang joined Yulchon, a major law firm in South Korea, in April 2022 as a senior adviser.
Transactions | Jun 2, 2022 Toll Brothers and PGIM Real Estate to develop luxury rental community in Boston by Andrea Zander Toll Brothers, through its Toll Brothers Apartment Living (TBAL) rental division, and PGIM Real Estate have formed a new joint venture to develop Lyra, a 34-story, 432-unit multifamily rental community in downtown Boston.
Transactions | Jun 2, 2022 Ascott acquires first Lyf co-living property in Sydney by Released CapitaLand Investment’s wholly owned lodging business unit, The Ascott Ltd., is acquiring its first Lyf-branded co-living property in Sydney.
SPONSORED: Amherst – Migration away from cities drives suburban home-price hike by Jennifer Babcock High demand for suburban homes shrunk inventory and drove price increases during the pandemic.
SPONSORED: AXA IM Alts expands its presence in the U.S. real asset sector by Jennifer Babcock Whether for its debt or equity platform, AXA IM Alts is zeroing in on sectors supported by essential needs, such as logistics, multifamily, student and senior housing, life sciences, as well as self-storage and forestry, according to Stephan Ackermann, head of Client Group, North America, and Steve McCarthy, head of North America, for AXA IM Alts.
SPONSORED: Elion – Logistics investment opportunity in coastal infill markets by Jennifer Babcock Technology applications, supply-chain disruptions and a flood of capital into the logistics sector are creating a unique investment opportunity in coastal infill markets, according to Juan DeAngulo, a managing partner at Elion.
Investors | Jun 1, 2022 IMRF dedicates $150m to Blackstone Real Estate Partners X by Kali Persall The $50.78 billion Illinois Municipal Retirement Fund (IMRF) has approved a commitment of up to $150 million to Blackstone Real Estate Partners X, an opportunistic fund managed by Blackstone.
Fundraising | Jun 1, 2022 Hines European Value Fund 3 advances closer to €1.5b target by Kali Persall Hines has captured €900 million ($321 million) in a first closing of its new value-add fund, Hines European Value Fund 3 (HEVF 3).
Investors | Jun 1, 2022 CIM Group invests $355m in Novva Data Centers by Andrea Zander Novva Data Centers has announced agreement on additional investment of up to $355 million in capital from CIM Group.
Transactions | Jun 1, 2022 Xior buys European student housing portfolio for €939m by Andrea Zander Basecamp Group has sold a student housing portfolio to Xior for €939 million ($999 million).
Fundraising | Jun 1, 2022 EXCLUSIVE — Fairfield anticipates first closing of new affordable housing fund by Kali Persall Fairfield is planning to hold a first closing for its open-ended Fairfield Affordable Housing Preservation Fund this month.
Fundraising | Jun 1, 2022 Cresset Partners reports movement with logistics, opportunity zone funds by Kali Persall Private investment firm Cresset Partners has closed its first industrial-focused fund, Cresset Real Estate Logistics Fund I, a year after opening to investors.
