Newsline

Luxury department store operator Selfridges has been sold in a £4 billion (€4.7 billion, $5.4 billion) deal. Its portfolio consists of 18 of 25 department stores across the United Kingdom, the Netherlands, and Ireland.

Keppel DC REIT has entered into an agreement to acquire a data center in Bracknell, U.K.

Country-by-country regulations can make real estate investing challenging. Those regulations are becoming more uniform, though, between Germany and Poland.

Current market volatility has created an attractive entry point for value opportunities in some out-of-favor sectors, including selective hospitality, commercial and retail investments.

The real estate fundamentals and macro thematics are holding in the Australian investment markets, but it is essential to correctly assess and price risk, according to Roger Parker, executive director, and Phillippe Sung, head of private debt, both of EG Funds Management.

During the past few months, investors, managers and consultants participated in Editorial Advisory Board meetings for each of Institutional Real Estate, Inc’s regional publications, to discuss the most pressing issues facing the real estate investment industry.

Although the level of COVID-19 cases varies around the world — and now there is concern about the Omicron variant — we are shifting to a new model that sees the workforce splitting time between working from home and working from the office.

Our base case for the global economy assumes ongoing growth and an expansion of the recovery into developing countries.

Real estate lenders must balance external (e.g., COVID-19 and the macro environment) and internal (e.g., ESG requirements and sector-specific evolutions) influences when underwriting loans in the maturing global real estate debt market.

Is there still a place for value-add in a post-pandemic landscape? According to Valeria Falcone, head of value-add investing at Barings Real Estate, the answer is a firm yes.

Ignore alternative sectors at your own peril, warns Axel Vespermann, head of real estate at Universal Investment.

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.

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.

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.

Real Estate development and investment firm BEB Capital has launched a programmatic joint venture with private-equity firm Rockpoint Group.

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.

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.

YFG Shopping Centers has sold Brisbane’s Strathpine Centre for A$267 million ($192 million) in an off-market deal from Blackstone.

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.

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).