Research | Mar 25, 2022 NAR report shows share of millennial home buyers continues to rise by Released The share of millennial home buyers increased significantly over the past year.
Research | Mar 25, 2022 Digital infrastructure in 2021: Strong leasing, increased construction highlight data-center momentum by Andrea Zander The U.S. data-center sector flourished in 2021, year-over-year, primary data-center markets cumulatively logged a 50-percent increase in net absorption, a 17-percent increase in total supply and a 195-percent surge in capacity under construction.
Research | Mar 25, 2022 Supply chain concern to boost industrial and logistics real estate demand in China by Andrea Zander China’s pursuit of zero-covid continues to result in sudden and intermittent disruption to manufacturing, logistics and supply chain operations, according to CBRE.
Transactions | Mar 25, 2022 CLI divests 79 Robinson Road in Singapore to CICT and COREF for $930m by Andrea Zander CapitaLand Investment Limited (CLI) and its joint venture partners, Mitsui & Co., Ltd. and Tokyo Tatemono Co., Ltd., for 79 Robinson Road have entered into agreements to divest their 100 percent interest in the property to CLI-sponsored investment vehicles CapitaLand Integrated Commercial Trust (CICT) and CapitaLand Open End Real Estate Fund (COREF). Â
People | Mar 25, 2022 Monica O’Neill joins Immobel Capital Partners as head of capital and investor relations by Released Immobel Capital Partners, the London-based investment management business of Immobel Group, has appointed Monica O’Neill as head of capital and investor relations.
Transactions | Mar 25, 2022 Arrow JV makes maiden Nordic acquisition by Released Arrow Capital Partners has acquired a portfolio of 10 warehouse assets in Denmark for €80 million ($88 million), marking its first Nordic acquisition for the (SIRE) Strategic Industrial Real Estate joint venture.
Transactions | Mar 25, 2022 Centerbridge, Argon Capital sell mixed-use London development by Released Centerbridge and Argon Capital have sold Bermondsey Reach to Wittington Investments Limited and Fifth State Ltd.
People | Mar 25, 2022 Commerz Real adds leader for fund management platform by Kali Persall Dirk Holz has been named chairman of the management of Commerz Real Fund Management (CRFM), the Luxembourg-based investment management company of the real assets subsidiary of Commerzbank.
Investors | Mar 25, 2022 Institutional investors join carbon-reduction initiative for real estate sector by Kali Persall Some of the largest global institutional investors, together representing more than €2 trillion ($2.2 trillion) of assets under management, have joined the Global Real Estate Engagement Network (GREEN).
Transactions | Mar 25, 2022 Brookfield to buy Hibernia REIT for $1.2b by Andrea Zander Benedict Real Estate Bidco Ltd., a subsidiary of one of Brookfield Asset Management’s real estate private funds, has agreed to buy Irish Hibernia REIT Plc for €1.09 billion ($1.2 billion).
Research | Mar 25, 2022 APAC Institutions to consider DEI metrics in portfolio selection more than U.S., EMEA by Released Investors today are reacting to a challenging climate of change across many fronts, including rising inflation and interest rates, a spate of damaging weather and climatic events, volatile markets and increased awareness of social inequality.
Investors | Mar 25, 2022 Houston Police Officers slates $38m for TPG Real Estate Partners IV by Kali Persall The Houston Police Officers Pension System (HPOPS) has approved a $38 million commitment to an opportunistic fund managed by TPG Real Estate Partners (TREP).
Transactions | Mar 25, 2022 Dar Al Arkan, OMRAN Group announce partnership to develop AIDA by Released Saudi Arabia-based Dar Al Arkan and Oman Tourism Development Company (OMRAN Group) have signed an agreement at Expo 2020 Dubai to develop AIDA, one of the largest premium, mixed-use real estate projects located in the Yiti area in Muscat.
Transactions | Mar 25, 2022 Brookfield-backed firm expands footprint in South India by Released The Leela Palaces, Hotels and Resorts has signed a management agreement for two properties in India.
Investors | Mar 25, 2022 LaSalle Asia Opportunity VI picks up CalSTRS as an investor by Kali Persall LaSalle Asia Opportunity VI, LaSalle Investment Management’s sixth Asian opportunistic real estate fund, has added the California State Teachers’ Retirement System (CalSTRS) to its investor mix.
Transactions | Mar 24, 2022 Europa Capital’s Value Add Fund V and Bayern Projekt agree sale of Olympia Business Center in Munich by Released Europa Capital, a pan-European real estate investment manager, alongside its joint venture partner Bayern Projekt, has sold Olympia Business Center.
Transactions | Mar 24, 2022 Hines and Accor announce plans for hotel in MilanoSesto by Andrea Zander Hines and Accor announce plans for a hotel (photo above) at MilanoSesto, an urban regeneration project in Milan, via an agreement with the Unione 0 real estate fund.
People | Mar 24, 2022 Alaska Permanent Fund Corp. solicits help in choosing a new leader by Kali Persall The Alaska Permanent Fund Corp. (APFC) has posted an RFP seeking proposals from executive search firms to assist the APFC board of trustees in recruiting and selecting a new executive director.
Investors | Mar 24, 2022 Illinois SURS to invest $40m in Brasa Real Estate Fund II by Kali Persall The State Universities Retirement System of Illinois (SURS) has approved a commitment of up to $40 million to a fund managed by Los Angeles–based Brasa Capital Management.
Research | Mar 24, 2022 First-time buyers, housing inventory expected to rebound by 2024 by Released The housing market is expected to return to pre-pandemic, 2019 norms.
