Investors | Feb 24, 2022 Apollo launches $100b sustainable investing platform by Released Apollo has plans to launch a comprehensive sustainable investing platform focused on financing and investing in the energy transition and decarbonization of industry.
Transactions | Feb 24, 2022 Crown Realty Partners makes first acquisition for fund, appoints two managing partners by Kali Persall Crown Realty Partners has completed the first acquisition for its value-add fund, Crown Realty V Limited Partnership (CR V LP), acquiring a Canadian office portfolio.
Investors | Feb 24, 2022 CA Ventures affiliate Centris Industrial REIT launches with $350m investment by Andrea Zander Centris Industrial has announced the closing of an equity investment of $350 million from its partners.
Research | Feb 23, 2022 Cross-border investment in U.S. industrial assets reaches record levels by Released With more than $143 billion in transactions, investor demand in industrial assets in the United States soared to new heights in 2021.
Transactions | Feb 23, 2022 Leste Group, GVA Management complete $380m acquisition by Released GVA Management, in partnership with Leste Real Estate U.S., announced the completion of a $380 million portfolio of class-B multifamily residential properties that includes five communities across Texas, Tennessee and South Carolina.
Transactions | Feb 23, 2022 Cologix CIM Group form JV to develop data center by Released Cologix and CIM Group have formed a joint venture to construct and operate TOR4.
Transactions | Feb 23, 2022 AMP Capital, Dexus move forward with redevelopment of Sydney’s first skyscraper by Released AMP Capital Wholesale Office Fund (AWOF) and Dexus Wholesale Property Fund (DWPF) have appointed a contractor to redevelop 33 Alfred Street office building, Sydney’s first skyscraper.
Investors | Feb 23, 2022 MainePERS to put $90m in two open-ended Stockbridge, Invesco funds by Kali Persall Maine Public Employees Retirement System (MainePERS) has allotted $90 million of capital to two open-ended real estate funds.
Investors | Feb 23, 2022 GIC enters $680m New Zealand JV with Precinct Properties by Andrea Zander Precinct Properties has conditionally agreed to form a new real estate investment partnership with Singapore sovereign wealth fund GIC.
Research | Feb 23, 2022 Q&A: Technology-focused senior-living design is here to stay by Kali Persall In a Q&A with IREI, Tammy Ng, is a project manager at Alameda, Calif.-based architecture and design firm, MBH Architects, discusses the emergence of technology-focused trends in senior living design, how the pandemic has influenced those innovations and what the future holds for them.
Transactions | Feb 23, 2022 AEW to sell Singapore office block for $213m by Andrea Zander AEW has plans to sell 55 Market Street, Singapore.
Transactions | Feb 23, 2022 Castellum divests portfolio in Gävle for $245m by Released Castellum has divested 12 properties in Gävle, Sweden, to Fastighets AB Regio for SEK 2.3 billion (€217 million/$245 million).
Fundraising | Feb 23, 2022 Covenant Capital Group opens new $600m apartment fund by Kali Persall Nashville-based Covenant Capital Group has opened a new fund with a $600 million fundraising target, IREI has learned.
Transactions | Feb 23, 2022 London tower to sell for $1b by Andrea Zander WR Berkley has plans to sell The Scalpel office tower in London to Singaporean investor Ho Bee Land for more than £800 million (€959 million/$1.1 billion).
Transactions | Feb 23, 2022 Pacific Eagle Real Estate pays $645m for Tanglin Shopping Center in Singapore by Andrea Zander Pacific Eagle Real Estate has paid S$868 million ($644.6 million) for Tanglin Shopping Center, Singapore.
Investors | Feb 23, 2022 Houston Police Officers slates $25m for healthcare real estate fund by Kali Persall Houston Police Officers Pension System has greenlighted a $25 million commitment to a non-core healthcare real estate fund.
Investors | Feb 23, 2022 Fairfield closes $510m development JV by Andrea Zander Fairfield has closed on a new development joint venture with $510 million of equity commitments funded by California State Teacher’s Retirement System (CalSTRS) and a sovereign wealth fund. This is the first Fairfield-sponsored vehicle that pairs CalSTRS and a sovereign wealth investor.
Fundraising | Feb 23, 2022 Meadow Partners seeks $600m for new fund by Kali Persall Meadow Partners has launched a sixth real estate fund, targeting $600 million of equity commitments, a spokesperson for the firm confirmed in an email.
Investors | Feb 22, 2022 Chicago Teachers makes $35m follow-on commitment to TA Realty Value Add Fund XIII by Kali Persall Chicago Teachers' Pension Fund (CTPF) has approved a re-up of $35 million to TA Realty Value Add Fund XIII, according to a board meeting document from Feb. 17.
Investors | Feb 22, 2022 Maryland State Retirement and Pension System backs Asana, Carmel, Heitman funds by Kali Persall The Maryland State Retirement and Pension System (MSRPS) has committed to three real estate funds as of late.
