Transactions | Sep 9, 2021 DigitalBridge to sell its Wellness Infrastructure business for $3.2b by Kali Persall DigitalBridge Group has agreed to sell its Wellness Infrastructure business.
Research | Sep 9, 2021 Retail investors look to sustainability to increase retail asset values by Andrea Zander The COVID-19 pandemic has motivated investors to focus more on climate matters and sustainability in real estate decisions.
Fundraising | Sep 8, 2021 Aberdeen seeks $103m in new share issue by Kali Persall Aberdeen Standard European Logistics (ASLI) has launched a new share issue, seeking £75 million ($103 million) in gross proceeds at a price of 109 pence [1.501] per new ordinary share.
Transactions | Sep 8, 2021 Cascade Investment buys $2.21b controlling stake in Four Seasons by Andrea Zander An affiliate of Cascade Investment has entered into a definitive agreement to acquire a controlling interest in Four Seasons Hotels and Resorts.
Investors | Sep 8, 2021 JP Morgan Sun Belt residential fund picks up Tennessee Consolidated by Kali Persall Tennessee Consolidated Retirement System (TCRS) has committed $100 million to JP Morgan Asset Management Sunbelt Residential Development Fund.
Investors | Sep 8, 2021 YIT and BTA agreed to establish a JV for Baltic residential rental investment by Released BTA Baltic Insurance Co., a part of the Vienna Insurance Group, has agreed with the Finnish construction company and developer YIT to establish a joint venture and co-invest a total of €120 million ($tk million) in rental apartments in the Baltics.
Transactions | Sep 8, 2021 CA Immo to develop €300m office tower in Berlin by Andrea Zander CA Immo, as well as the future exclusive tenant Deutsche Kreditbank AG, have broken ground on the office tower Upbeat in Berlin's Europacity.
Transactions | Sep 8, 2021 Transwestern Investment sells industrial property in St. Louis market by Released Transwestern Investment Group (TIG®) has sold 22 Gateway Commerce Center Drive.
People | Sep 8, 2021 Amherst names David Schwarz to lead CRE strategies by Released The Amherst Group has named David Schwarz as head of commercial real estate strategies.
People | Sep 8, 2021 Park Madison Partners hires Townsend Group executive by Released Jack Koch will join Park Madison Partners as a partner.
Research | Sep 8, 2021 Global DEI benchmark to launch backed by leading associations by Andrea Zander Seven leading industry associations have partnered together to create a global benchmark of diversity, equity and inclusion (DEI) metrics for the commercial real estate industry.
Transactions | Sep 8, 2021 ASB-Arcland JV acquires eight-building Mid-Atlantic self-storage portfolio by Released ASB Real Estate Investments (ASB) and Arcland Property Co. (Arcland) have closed a joint venture to acquire a 595,888-square-foot self-storage portfolio.
Fundraising | Sep 8, 2021 Nuveen completes first closing of third U.K. debt strategy by Kali Persall Nuveen Real Estate has completed the first close of its third U.K. debt strategy, securing £140 million ($193 million).
People | Sep 8, 2021 USGBC announces CEO transition, strategic review by Released The U.S. Green Building Council (USGBC) board of directors announced that Mahesh Ramanujam will be stepping down as president and CEO of USGBC, Green Business Certification Inc. (GBCI) and Arc Skoru, effective Nov. 1, 2021.
People | Sep 8, 2021 LaSalle appoints new head of value-add investments signaling expansion and growth of the platform by Released LaSalle Investment Management has appointed Blake Loveless as head of value-add investments, marking a significant milestone in the continued growth and expansion of its value-add business in Europe.
People | Sep 8, 2021 Boris van der Gijp named new director of real estate at Syntrus by Released Boris van der Gijp has been appointed as director of real estate at Syntrus Achmea Real Estate & Finance with immediate effect.
Fundraising | Sep 7, 2021 PGIM Real Estate closes European Value-Add Fund II at $1.1b by Kali Persall PGIM Real Estate has raised $1.1 billion in a final close of its European Value-Add Fund II (EVP II), including sidecar investments.
Fundraising | Sep 7, 2021 Nuveen adds $213m to Asia Pacific Cities strategy by Kali Persall Nuveen Real Estate has added $213.5 million from four Dutch and Swiss investors to its open-end Asia Pacific Cities strategy, bringing the platform to more than $900 million.
Transactions | Sep 7, 2021 EXCLUSIVE — LaSalle acquires class A retail, trophy office and land in Canada by Kali Persall LaSalle Investment Management has acquired a portfolio of properties in Montreal and Vancouver from Ivanhoé Cambridge.
Transactions | Sep 7, 2021 Keppel DC REIT acquires third data center in the Netherlands by Released Keppel DC REIT has acquired a 100 percent interest in a freehold property with two data center buildings in De Hurk, which is the largest business park in Eindhoven, the Netherlands.
