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fund withdraws $500m from BlackRock funds by Kali Persall The Missouri State Employees’ Retirement System (MOSERS) has withdrawn $500 million from pension funds managed by BlackRock in response to the world's largest asset manager’s ESG push
Fundraising | Oct 19, 2022 Kotak Investment Advisors plans $1b fund for India’s residential property market by Kali Persall Kotak Investment Advisors is seeking $1 billion for a new fund focused on residential property in India’s top five cities.
Investors | Oct 19, 2022 Arden Group and Wafra launch $1b ISF venture by Andrea Zander Wafra and Arden Group have announced a venture to acquire industrial service facilities (ISF) properties located in in-fill sites across major markets in the United States.
Transactions | Oct 19, 2022 NEAT Developments, BlackRock Real Assets to develop €920m industrial-led mixed-use development by Released Property developer NEAT Developments and BlackRock Real Assets have jointly submitted a hybrid planning application to Waltham Forest Council for an industrial-led mixed-use development at Uplands Business Park on Blackhorse Lane in London E17.
Investors | Oct 19, 2022 Nashville plays host to IREI’s eighth annual Springboard event by Kali Persall “Music City” was made even more lively by 100 hand-picked up-and-coming institutional real estate leaders who attended the eighth annual IREI Springboard event  Oct. 3–5 at the Hutton Hotel in Nashville.
Research | Oct 19, 2022 Restaurants of all types are getting cooked by inflation by Andrea Zander High prices and a gloomier economic outlook have proven to be another thorn in the dining sector’s side.
Transactions | Oct 19, 2022 Tennessee Titans reach deal to build $2.1b stadium by Andrea Zander The city of Nashville and Davidson County Mayor John Cooper and the Tennessee Titans announced they have agreed to terms for a new enclosed stadium that would relieve a nearly $2 billion burden on taxpayers by voiding the current lease agreement.
Research | Oct 19, 2022 Significant opportunity materializes for coliving in Europe, according to new report by Released With a new coliving best practice guide, the Urban Land Institute (ULI) and JLL provide guidance for a rapidly evolving European coliving sector.
Transactions | Oct 19, 2022 LaSalle partners with Volta Trucks to launch first hub in UK by Released LaSalle Investment Management has partnered with Volta Trucks, a full-electric commercial vehicle manufacturer and services provider, to launch the first Volta Trucks Hub in the United Kingdom.
Transactions | Oct 19, 2022 Aqualand and Qualitas execute $377m funding arrangement by Released Aqualand Group and Qualitas have announced a A$600 million ($377 million) funding package.
Research | Oct 19, 2022 Retail index: Unsettled mood in Europe’s retail markets by Andrea Zander Retail markets in Poland and in Southern European countries have proved to be relatively robust during the crisis, with Portugal even seeing positive growth.
Transactions | Oct 19, 2022 VICI Properties announces partnership with $200m Canyon Ranch with investment by Andrea Zander VICI Properties has entered into a delayed draw term-loan facility for up to $200 million to fund the development of Canyon Ranch’s newest wellness-resort offering, Canyon Ranch Austin in Austin, Texas.
People | Oct 18, 2022 Ron Pressman named Global CEO of Urban Land Institute by Released Urban Land Institute (ULI), a global nonprofit dedicated to shaping the future of the built environment for transformative impact on communities, announced the appointment of Ron Pressman as the global CEO.
Transactions | Oct 18, 2022 Marshgate Group and Nuveen Real Estate complete forward funding deal at Horizon 120 Braintree by Released Nuveen Real Estate has agreed to forward fund the development of Eos, a new 121,230-square-foot, high-quality industrial/high-tech scheme in Braintree, Essex, U.K., providing nine units ranging from 8,000 to 20,000 square feet.Â
Research | Oct 18, 2022 Asia Pacific investment volumes soften in third quarter of 2022 by Andrea Zander Real estate investment in Asia Pacific moderated in the third quarter, with investment decisions influenced by a variety of macroeconomic factors.
