Research | Aug 3, 2022 REITs enable completion portfolios to prosper amid market uncertainty by Kali Persall Throughout the past 20 years, the REIT universe has expanded beyond the traditional property sectors to reflect the shifting structure of the 21st century economy, presenting a new wave of opportunities for investors.
People | Aug 3, 2022 Amy White joins UBS as head of U.S. real estate business management & operations by Released Amy White has joined UBS Asset Management’s U.S. real estate business as head of business management & operations.
Transactions | Aug 3, 2022 Addington Capital makes first investment with Heitman by Released Heitman and its operating partner Addington Capital, a specialist U.K. investment and property asset-management business, has purchased two contiguous, freehold residential blocks in the West End of London.
Investors | Aug 3, 2022 TPG Real Estate Partners, Round Hill launch student-living platform by Released TPG Real Estate Partners (TREP) and Round Hill Capital have launched Home & Co., a new student-living concept in Germany.
Transactions | Aug 3, 2022 Harrison Street and CA Ventures to bring 548-bed PBSA to Leeds, U.K. by Released Harrison Street and CA Ventures have formed a joint venture to develop a 548-bed purpose-built student accommodation (PBSA) in Leeds, United Kingdom.
Investors | Aug 3, 2022 GTIS Partners announces $140m industrial property JV in South Carolina with Collett Industrial by Andrea Zander GTIS Partners has formed a joint venture with Collett Industrial, an industrial developer headquartered in Charlotte, N.C., to acquire and develop two projects in the Greenville-Spartanburg (GSP) MSA.
Investors | Aug 3, 2022 PGIM Real Estate, Osborne U.K. BTR JV makes first investment, acquiring site for build-to-rent housing by Released PGIM Real Estate and Osborne Developments have acquired a site in central Reading to develop build-to-rent (BTR) homes.
Fundraising | Aug 2, 2022 MSD Capital brings second credit strategy to market by Kali Persall New York–based MSD Capital has secured more than $333.7 million of equity commitments for its newly launched credit strategy.
People | Aug 2, 2022 Emily Ekland joins NYSTRS as senior adviser to the executive director and CIO by Kali Persall The New York State Teachers’ Retirement System (NYSTRS) has appointed Emily Ekland as senior adviser to the executive director and CIO. She will be responsible for strategic planning efforts and special projects for the pension fund.
Investors | Aug 2, 2022 Slate adds €178m of capital to essential real estate income fund by Kali Persall Slate Asset Management has closed another €178 million ($182 million) in capital commitments for its Slate European Essential Real Estate Income Fund (SEERIEF).
Investors | Aug 2, 2022 Florida SBA re-ups with three existing real estate managers by Kali Persall The State Board of Administration (SBA) of Florida has shared a number of new commitments that were made with four existing real estate managers.
Research | Aug 2, 2022 U.S. needs 4.3m more apartments by 2035 to address demand, deficit and affordability by Andrea Zander The U.S. faces a pressing need to build 4.3 million new apartments by 2035.
Transactions | Aug 2, 2022 Temperature-controlled industrial REIT buys Spanish cold-storage distributer by Released Lineage Logistics has plans to acquire Grupo Fuentes, a major operator of transport and cold storage facilities, headquartered in Murcia, Spain.
Transactions | Aug 2, 2022 Elite Partners makes maiden entry into the Dutch logistics market by Andrea Zander Singapore-based licensed fund manager Elite Partners Capital has acquired a warehouse in central Netherlands from a private investor.
Research | Aug 2, 2022 Key Asia Pacific markets sustain robust performance despite headwinds by Andrea Zander Major Asia Pacific real estate markets witnessed healthy transaction volumes and are set to grow cautiously in the upcoming quarters as a dismantling of travel restrictions aids an influx of cross-border funds and offsets various macroeconomic challenges, according to Colliers in its Asia Pacific Market Snapshot | Q2 2022 report.
Research | Aug 2, 2022 Paris, Madrid and Cologne lead “return to the office” in Europe by Andrea Zander Paris CBD (54 percent), Madrid (52 percent) and Cologne (47 percent) had the highest office occupancy rates in Europe in June 2022.
People | Aug 1, 2022 Scott Crowe promoted to president of CenterSquare by Released CenterSquare Investment Management has promoted Scott Crowe to the new role of firm president.
Investors | Aug 1, 2022 Qualitas secures $491m mandate from global sovereign wealth fund by Andrea Zander Qualitas Limited has secured commitments from a wholly owned subsidiary of ADIA for a new fully discretionary mandate to invest A$700 million ($491 million) in Australian commercial real estate (CRE) private credit opportunities on behalf of a new investment vehicle.
Transactions | Aug 1, 2022 Morgan Properties acquires two Midwest portfolios totaling 2,986 units for $410m by Andrea Zander Morgan Properties has acquired two portfolios totaling eight apartment communities and 2,986 units in Illinois and Indiana.
Research | Aug 1, 2022 Nearly half of U.S. companies to add staff in 2022 by Released The job market will remain strong for the latter part of 2022, research from talent-solutions and business-consulting firm Robert Half shows.