Transactions | May 27, 2022 Pembroke achieves planning permission for mixed-use building in Stockholm by Released The Land and Environmental Court of Appeal have approved the detailed plan for Hästen 21, Pembroke’s new 36,000 square-meter (387,500-square-foot), mixed-use building in central Stockholm.
Research | May 27, 2022 International brands to continue betting on physical retail by Andrea Zander New York, Paris and London have demonstrated that they retain the key fundamentals of a successful retail location and are set to bounce back quicker this year than other destination cities.
Research | May 27, 2022 Rising debt cost suggest CRE pricing correction by Released A 10-percent correction is needed on average for the gateway industrial markets in the United States.
Research | May 27, 2022 Sun Belt metros lead nation in homebuilding by Andrea Zander Sun Belt metros are leading the way when it comes to building new homes — and they need them, with scores of buyers moving in from other parts of the country, causing inventory to dwindle and prices to surge.
Transactions | May 27, 2022 Octopus Real Estate enters affordable housing market by Andrea Zander Octopus Real Estate has entered the U.K. affordable housing market.
Transactions | May 27, 2022 Evolve Estates acquires Lichfield’s largest shopping center by Andrea Zander Evolve Estates, a subsidiary of LCP Group, has acquired Three Spires Shopping Centre in Lichfield, England, a cathedral city and civil parish in Staffordshire.
People | May 27, 2022 Henley gears for further growth with appointment of new investment director by Released Henley Investments has appointed Monica Popescu as a new investment director who will focus on origination and execution of investment opportunities across continental Europe.
Investors | May 27, 2022 Tennessee Consolidated backs Blackstone, EQT Exeter funds by Kali Persall The Tennessee Consolidated Retirement System (TCRS) has disclosed two real estate commitments to funds managed by Blackstone and EQT Exeter.
Investors | May 27, 2022 GEM Realty Fund VII captures $25m commitment from Rhode Island Employees by Kali Persall The Employees' Retirement System of Rhode Island (ERSRI) has contributed as much as $25 million to an opportunistic real estate fund managed by GEM Realty Capital.
Transactions | May 27, 2022 BentallGreenOak announces completion of 78 St James’s Street redevelopment by Released BentallGreenOak has completed its 78 St James’s Street redevelopment, with 50 percent of the scheme let or under offer at practical completion.
Fundraising | May 26, 2022 Argosy Real Estate Partners V closes in on $400m fundraising target by Kali Persall Argosy Real Estate Partners V (AREP V), a value-added and opportunistic fund managed by Argosy Real Estate Partners, is on the brink of reaching its fundraising target.
People | May 26, 2022 Former BlackRock director joins MetLife Investment Management by Kali Persall Chris Aiken has been appointed head of acquisitions within MetLife Investment Management’s Real Estate Equity Strategies Group. Aiken brings nearly two decades of real estate investment experience to the role.
Investors | May 26, 2022 OP&F reports 9.3% return on real estate portfolio for Q1 2022 by Kali Persall The $17.89 billion Ohio Police & Fire Pension Fund investment (OP&F) has reported a 9.3 percent net return on its real estate portfolio for the first quarter of the year.
Transactions | May 26, 2022 Blackstone invests in U.K. logistics developments by Andrea Zander Oxenwood Real Estate has secured a £63 million (€74 million/$79 million) debt facility from Blackstone Real Estate Debt Strategies.
Research | May 26, 2022 Strong storage demand continues to drive up rates by Released As the traditional busy season begins for the self-storage sector, street rates continued to increase nationwide in April.
Transactions | May 26, 2022 CapMan fund purchases portfolio of four office properties in Helsinki by Released The CapMan Nordic Real Estate III fund has purchased four office properties.
Transactions | May 26, 2022 UBS-AM acquires purpose-built DIY retail unit for €29m by Released UBS Asset Management (UBS-AM) Real Estate & Private Markets (REPM) has acquired a purpose-built retail unit in Harlow, Essex, U.K.
Fundraising | May 26, 2022 Phoenix Real Estate Fund X holds $715m final close by Kali Persall Dallas-based Phoenix Capital Management has closed its 10th opportunistic real estate fund at more than two times the size of the previous fund.
Transactions | May 26, 2022 Harrison Street, Torsion to develop 297-bed student housing project in U.K. by Released Harrison Street, alongside joint venture partner Torsion Developments announced the construction of a purpose-built student accommodation development.
Transactions | May 26, 2022 Ares Management, MRP Realty to develop HQ site in Washington, D.C. by Released Ares Management Corp. and MRP Realty have announced the land closing.
