Investors | Jan 19, 2022 Landmark Properties launches multifamily division by Released Landmark Properties has entered the multifamily market.
People | Jan 19, 2022 Hines appoints Jim Morrison head of ESG for Asia Pacific by Released Hines, an international real estate firm, has appointed James Morrison as head of environmental, social & governance (ESG) for the firm’s Asia Pacific (APAC) region.
Investors | Jan 19, 2022 HappyCo raises $52m in funding led by Camber Creek by Released HappyCo, a residential operations platform for real-time rental property condition data collection and utilization, has closed $52 million in funding to expand its platform and add new services.
People | Jan 19, 2022 Cabot Properties appoints new managing director by Released Cabot Properties has promoted Hobey Stuart, Carey Herrlinger and Nicholas Snow to managing director.
Research | Jan 19, 2022 Will multifamily’s record performance carry into 2022? by Andrea Zander The health crisis has driven the alignment of factors that coalesced into record rental housing performance.
People | Jan 18, 2022 The Swig Co. names new president by Released The Swig Co. has announced several appointments.
Investors | Jan 18, 2022 Gilbane selected by Eastern Michigan University for $200m partnership by Released Eastern Michigan University (EMU) has selected Gilbane Development Co.
Transactions | Jan 18, 2022 Hong Kong-based hotel company sells stake for $337m by Andrea Zander Sir Michael David Kadoorie has plans to increase its stake in Hongkong and Shanghai Hotels.
Transactions | Jan 18, 2022 Leste Real Estate U.S. sells multifamily projects for $210m by Andrea Zander Leste Real Estate U.S., the real estate investment advisor of global independent alternative investment manager Leste Group, has sold recently developed class A multifamily projects in Tampa Bay, Fla., and Charlotte, N.C.
Research | Jan 18, 2022 Wells Fargo survey: Construction industry expects strong profitability in 2022, despite supply chain & labor challenges by Released The benchmark U.S. National Optimism Quotient (OQ) registered 112, a 44 percent increase from its mark of 78 a year earlier, showing leaders ended 2021 feeling cautiously optimistic.
Research | Jan 18, 2022 Global residential investment outstrips offices by Andrea Zander Residential and industrial property will be the strongest real estate asset classes globally in 2022, and that total investment volumes bounced back very strongly in 2021 as an increasing number of funds looked to invest into real estate, according to Savills World Research.
Transactions | Jan 18, 2022 MARK partners with HUB for first U.K. BTR acquisition by Released Pan-European real estate investment manager MARK and residential developer HUB have acquired 2 Snow Hill Plaza in Birmingham, England, from a global institutional investor, with the intention to develop a build-to-rent (BTR) scheme.
Investors | Jan 18, 2022 PATRIZIA’s flagship Living Cities fund to invest €600m in Barcelona residential portfolio by Andrea Zander PATRIZIA AG has agreed to invest circa €600 million ($681 million) on behalf of its clients in a high-quality Barcelona residential portfolio through its pan-European open-ended residential flagship fund, Living Cities.
Transactions | Jan 18, 2022 Goldman Sachs buys stake in London Bridge office development by Andrea Zander Goldman Sachs has acquired a 75 percent stake in a new green office development near London Bridge on St. Thomas Street.
Transactions | Jan 18, 2022 AEW acquires multifamily portfolio in Japan by Andrea Zander AEW Capital Management has acquired a multifamily portfolio in Greater Tokyo.
Investors | Jan 18, 2022 Boston Water and Sewer Commission seeks core open-end real estate manager by Kali Persall Boston Water and Sewer Commission has launched a search for a qualified investment management firm to manage a core open-end real estate mandate, according to a posting on NEPC’s website.
Investors | Jan 18, 2022 Bridge Industrial and PSP Investments form $550m JV in build-to-core assets by Andrea Zander Bridge Industrial and the Public Sector Pension Investment Board have formed a joint venture to develop best-in-class modern warehousing in urban infill locations in core markets across the United States.
Fundraising | Jan 18, 2022 Watermark Multifamily Development Fund IV closes at $253m by Kali Persall Thompson Thrift, an Indianapolis-based full-service real estate company, has closed the Watermark Multifamily Development Fund IV with $253 million in equity commitments.
Fundraising | Jan 18, 2022 BC Partners Real Estate closes European value-add investment strategy at €900m by Kali Persall BC Partners Real Estate (BCP RE), a European investment firm with more than €40 billion ($46 billion) in assets under management, has completed a final close of its debut fund, BC Partners European Real Estate I (BCPERE I).
Research | Jan 18, 2022 U.K. logistics take-up for 2021 totals more than 42msf as vacancy rate remains critically low by Andrea Zander The take-up of U.K. logistics space totaled 42.37 million square feet in 2021, representing a slight decrease of 1.43 percent compared to 2020, which saw take-up reach a record 42.97 million square feet, according to CBRE.
