Transactions | Nov 2, 2021 Lincoln Avenue Capital acquires majority stake in HPET by Released Lincoln Avenue Capital as signed an agreement to acquire the majority stake in a social purpose real estate investment fund.
Fundraising | Nov 2, 2021 Bow River Capital surpasses $450m for third fund by Kali Persall Bow River Capital has closed its latest real estate fund.
Transactions | Nov 2, 2021 Unibail-Rodamco-Westfield partners with AXA IM Alts to develop Triangle Tower project in Paris by Released Unibail-Rodamco-Westfield has signed a co-investment partnership with AXA IM Alts.
The view from Tokyo: What investors interested in Japan can expect post-COVID and post-Olympics by Kenneth Fridley How has the COVID pandemic affected property markets in Tokyo, and how will the “new world economy” impact these markets? Undoubtedly, remote working, flexible schedules and decentralization will affect all property sectors. The question remains, to what degree?
What Australia’s urban industrial sector has to offer investors by Tim Nation Institutional demand for the logistics sector is a global phenomenon that has been turbo-charged by a worldwide pandemic and its acceleration of some pre-existing trends. Australia is no exception, as global capital seeks access to what has historically been a tightly held sector until more recently, with many new entrants making a splash.
The need for unified ESG standards by Benjamin Cole In the property world, concerns surrounding environmental, social and governance issues, or ESG, have been mounting for decades, as the topic of global warming has graduated from physical science journals to headlines. With the COVID-19 pandemic, additional concerns have been placed before building owners regarding sanitation, air quality and public safety.
Investors | Nov 1, 2021 TRS Illinois announces $360m in new commitments by Kali Persall The Teachers’ Retirement System (TRS) of Illinois has unveiled several commitments on behalf of its $9.6 billion real assets portfolio.
Investors | Nov 1, 2021 New York State Teachers to make $300m re-up in Prima Separate Account by Kali Persall New York State Teachers' Retirement System (NYSTRS) has approved a $300 million additional commitment.
Investors | Nov 1, 2021 Monroe County Employees puts $5m in TerraCap Partners V by Kali Persall Monroe County (Mich.) Employees Retirement System has committed $5 million to a fund managed by TerraCap Management.
Fundraising | Nov 1, 2021 Whitman/Peterson Partners IV fund closes in on $500m by Kali Persall Whitman/Peterson Partners IV has secured more than $499 million in capital commitments.
People | Nov 1, 2021 TA Realty appoints new vice president, head of ESG+R by Released TA Realty has appointed Anne Peck as vice president and head of environment, social, governance and resiliency (ESG+R) efforts.
Research | Nov 1, 2021 Defensive residential returns attract investors by Andrea Zander Residential is the most resilient of all property types in Europe, according to AEW’s most recent report.
Transactions | Nov 1, 2021 FCP invests $287m across six properties in Atlanta by Released FCP has acquired six Atlanta-area apartment communities.
Investors | Nov 1, 2021 Round Hill establishes €1b European student accommodation JV with CPP Investments by Andrea Zander Round Hill Capital formed a new joint venture with Canada Pension Plan Investment Board (CPP Investments).
People | Nov 1, 2021 PGIM Real Estate adds head of China by Andrea Zander PGIM Real Estate has appointed Matthew Yao as head of China.
Transactions | Nov 1, 2021 Duke Realty breaks ground on freezer facility located near largest port on East Coast by Released Duke Realty has broken ground on a 26-acre site in preparation for a build-to-suit freezer facility for FreezPak Logistics.
Transactions | Nov 1, 2021 KKR JV buys Sydney hotel for $237m by Andrea Zander KKR & Co., with partners Futuro Capital and Marprop Real Estate Investors, has acquired Sofitel Sydney Wentworth Hotel.
Research | Nov 1, 2021 Robust Q3 volume puts 2021 global investment on par with 2019 by Andrea Zander Global commercial real estate investment volume grew by 95 percent year-over-year in third quarter to $315 billion, bringing the year-to-date total to $800 billion — up 3 percent from the same period in 2019, according to CBRE.
Transactions | Nov 1, 2021 Developer to pay $1.2b land premium for Kowloon site by Andrea Zander Kowloon Development Co. has acquired a 22,373-square-meter (240,821-square-foot) site for $1.24 billion.
Transactions | Nov 1, 2021 EJF Capital, Toll Brothers form OZ development JV by Andrea Zander EJF Capital and Toll Brothers, through its Toll Brothers Apartment Living (TBAL) have formed a joint venture.