Sustainable real estate is the only option if investments are to last by Dr Miriam Esders Whether you are persuaded by extreme weather conditions, or the data to emerge from COP 26, there should be nobody in any doubt about the importance of carbon emissions, climate change and, to be frank, the future of the planet.
Is UK build-to-rent at an allocation tipping point? by Bobby Barnett The past decade has been a period of steady growth for the UK build-to-rent (BTR) sector, moving from interesting new concept to an established asset class as the demand for such homes has been proven in markets across the country.
Fundraising | Dec 23, 2021 Godrej holds $500m final close by Andrea Zander Godrej Fund Management (GFM), the real estate private-equity arm of the Godrej Group, has held a final close for its office development fund, GBTC II.
Investors | Dec 23, 2021 BEB Capital forms $1b industrial JV with Rockpoint by Andrea Zander Real Estate development and investment firm BEB Capital has launched a programmatic joint venture with private-equity firm Rockpoint Group.
Transactions | Dec 23, 2021 Gurner Qualitas JV buys third seed asset by Andrea Zander Developer Gurner, with its partner Qualitas, has unveiled its third seed asset for the partnership’s A$1.2 billion ($870 million) GQ build-to-rent fund platform.
Transactions | Dec 23, 2021 Goldman Sachs JV sells corporate HQ in Charlotte, N.C. by Andrea Zander A fund managed by the real estate business within Goldman Sachs Asset Management, along with Lincoln Harris and Honeywell International Inc., have sold the 374,000-square-foot Honeywell Global Corporate Headquarters at Charlotte, N.C.
Transactions | Dec 23, 2021 Blackstone sells Brisbane center for $192m by Andrea Zander YFG Shopping Centers has sold Brisbane’s Strathpine Centre for A$267 million ($192 million) in an off-market deal from Blackstone.
Transactions | Dec 23, 2021 Shui On Land buys three residential parcels for $2.67b by Andrea Zander Shui On Land, the flagship property company of Hong Kong–based Shui On Group, has acquired three residential parcels in Wuhan for $2.67 billion.
Transactions | Dec 23, 2021 LondonMetric acquires Savills IM UK Income and Growth Fund by Released LondonMetric Property has acquired Savills IM UK Income and Growth Fund in a corporate transaction valued at £122.2 million (€143.85 million/$163.14 million).
Research | Dec 23, 2021 Elion releases report on fixing supply chain disruptions by Andrea Zander Without drastic innovation or a significant reduction in the need for such goods, supply chains will continue to be stressed.
Investors | Dec 23, 2021 Allianz and Heimstaden Bostad form JV by Andrea Zander Allianz Real Estate, on behalf of Allianz companies, invested SEK 7.9 billion ($870 million) in Heimstaden Bostad’s portfolio in Sweden, with properties recently purchased from Akelius.
Transactions | Dec 23, 2021 Bain Capital Credit and FREO acquire iconic Estel Building in central Barcelona by Released Bain Capital Credit and FREO Group have completed their joint acquisition of the Estel Building on Avenida de Roma, in central Barcelona, Spain.
Transactions | Dec 23, 2021 Europa Capital’s value-add fund and DeA Capital Real Estate France acquire retrofit office opportunity in Paris by Released Europa Capital has acquired, in partnership with DeA Capital Real Estate France, a landmark post-war, 3,200 square-meter (34,445-square-foot) office building in Paris.
Transactions | Dec 23, 2021 M7 sells Dutch office on behalf of fund by Released M7 Real Estate (M7), a pan-European investor and asset manager specializing in multi-tenanted properties, has sold an office building in the Netherlands, Heliconweg 62, on behalf of M7 European Real Estate Investment Partners IV (M7 EREIP IV) to a local developer.
Research | Dec 23, 2021 European real estate shows positive growth by Released European real estate markets are good, with the economic growth being strong and the inflation high, while bond yields are near floor level and should stay relatively low.
Transactions | Dec 23, 2021 Hines makes first residential project in The Nordics by Released Hines has taken full ownership of Trikotageparken, its first residential project in The Nordics.
Fundraising | Dec 23, 2021 Iron Point Partners launches fifth real estate fund by Kali Persall Washington, D.C.–based Iron Point Partners has opened a new fund to investors, Iron Point Real Estate Partners V, according to an SEC Form D.
Fundraising | Dec 23, 2021 Turnbridge Equities seeks $500m for new real estate fund by Kali Persall Turnbridge Equities, a privately held, SEC-registered, vertically integrated real estate investment and development firm based in New York City, has launched a new fund for real estate investors.
Transactions | Dec 23, 2021 Catella funds invest €120m in Austrian residential properties in Vienna and Linz by Released Berlin-based Catella Residential Investment Management (CRIM) and Munich-headquartered AIFM platform Catella Real Estate AG (CREAG) have acquired three residential assets in the Austrian cities of Vienna and Linz for a total value of €120 million ($136 million) on behalf of two of their funds.
Transactions | Dec 23, 2021 Cortland with Madison to buy 50-story apartment building near Manchester City Center by Released Cortland, together with Madison International Realty as funding partner, has announced a deal to buy a 50-story build-to-rent (BTR) tower currently under development in Salford, England, part of the Manchester metro area, from Renaker.
