Investors | Oct 21, 2022 Related Argent and Invesco to deliver €686m first phase of €9b Brent Cross scheme by Andrea Zander Related Argent has formed a joint venture with Invesco Real Estate.
Transactions | Oct 21, 2022 Oxford Capital Group JV buys three senior-housing properties in Sequim, Wash. by Andrea Zander Oxford Capital Group has acquired Sherwood Portfolio.
Transactions | Oct 21, 2022 Veris Residential confirms receipt of unsolicited proposals from Kushner Companies by Released Veris Residential has confirmed receipt of unsolicited proposals from Kushner Companies.
Transactions | Oct 21, 2022 $113m sale of two class A distribution facilities in Savannah, Ga., closes by Released A joint venture between AEW Capital Management and Strategic Real Estate Partners has sold Coastal Commerce Center.
Transactions | Oct 21, 2022 $350m hospitality fund makes sixth acquisition by Released JRK Property Holding has acquired the 179-room Ace Hotel & Swim Club Palm Springs in Palm Springs, Calif., from an affiliate of GFI Capital.
Transactions | Oct 21, 2022 CBRE Investment Management buys Paris office building for Cicerone Fund by Andrea Zander CBRE Investment Management (advisor) and the international acquisition platform of the Cicerone Fund (Cicerone RE Holding BV), managed by Fabrica SGR, have completed the acquisition of an office building located at 33 rue d’Artois, in Paris. The sellers were Atland and PGGM.
People | Oct 21, 2022 Transwestern taps Peter Conte to direct National Laboratory + Life Sciences Practice by Released Transwestern Real Estate Services has named Peter Conte to direct the firm’s national Laboratory + Life Sciences advisory group.
Transactions | Oct 21, 2022 Dermody Properties to develop 232-acre logistics campus near Chicago by Andrea Zander Dermody Properties has acquired the Allstate Corp. corporate campus in Glenview, Ill.
Research | Oct 20, 2022 U.S. consumers to keep to holiday budgets and spending by Andrea Zander Shoppers will keep their holiday budgets intact this year, according to JLL’s Retail Holiday Survey 2022.
Investors | Oct 20, 2022 M7 expands into Middle East, opens Dubai office by Released M7 Real Estate, the pan-European investor and asset manager owned by Oxford Properties, has opened its first office in the Middle East to capitalize on the continued strong demand for high-quality European real estate from investors in the region.
Transactions | Oct 20, 2022 Yoo Capital unveils plans for the refurbishment of Shepherd’s Bush Market in London by Released Yoo Capital, the majority owner of Shepherd’s Bush Market in London since September 2020, has unveiled proposals for major investment in the market and to develop land on the adjacent Old Laundry Yard site.
People | Oct 20, 2022 Charter Hall welcomes Mark Ferguson to Maxim Property Securities business by Released Charter Hall Group has announced Mark Ferguson has been appointed as head of the Charter Hall Maxim Property Securities business, bringing almost 30 years of listed property securities experience to the role.
Transactions | Oct 20, 2022 The Preiss Co. adds Valentine Commons to student housing portfolio by Released The Preiss Co. (TPCO) has announced the acquisition of the 928-bed Valentine Commons in North Carolina for an undisclosed amount.
Transactions | Oct 20, 2022 VanWest Partners closes on fourth and fifth acquisitions for Fund III by Released VanWest Partners has acquired a two-property portfolio for VanWest Storage Fund III.
Investors | Oct 20, 2022 Laredo Firefighters' Retirement System backs Farallon, Raith real estate funds by Kali Persall The $190 million Laredo (Texas) Firefighters’ Retirement System has set aside $3 million for two real estate funds.
Research | Oct 20, 2022 INREV: Funds with multi-country and/or multi-sector strategies show highest total global expense ratios by Released The average total global expense ratio (TGER) for European nonlisted real estate funds based on gross asset value was 0.95 percent, according to the INREV Management Fees & Terms Study 2022.
Transactions | Oct 20, 2022 SL Green and Caesars Entertainment announce pursuit of NY gaming license for Times Square by Released SL Green Realty Corp. and Caesars Entertainment have announced a partnership to redevelop 1515 Broadway in Manhattan as a premiere entertainment and gaming destination in the heart of Times Square.
Transactions | Oct 20, 2022 Beijing office sells for $283m by Andrea Zander CapitaLand Development has acquired Borui Plaza, an office asset in downtown Beijing, for $283 million.
Transactions | Oct 20, 2022 Waterton acquires 496-unit Alta Roosevelt apartment community in Chicago by Andrea Zander Waterton has acquired the 496-unit Alta Roosevelt Apartments at 801 S. Financial Place in Chicago.
Investors | Oct 19, 2022 Missouri pension fund withdraws $500m from BlackRock funds by Kali Persall The Missouri State Employees’ Retirement System (MOSERS) has withdrawn $500 million from pension funds managed by BlackRock in response to the world's largest asset manager’s ESG push
