Transactions | Sep 17, 2021 Union Investment acquires trophy office building in the CBD of Paris by Released Union Investment has acquired an office building at 59 Boulevard Haussmann/34 rue des Mathurins.
Investors | Sep 17, 2021 LaSalle’s China Logistics Venture fund adds capital from two U.S. pension funds by Kali Persall Two U.S. pension funds have invested in LaSalle Investment Management’s China Logistics Venture fund (LCLV), the firm’s first dedicated logistics vehicle in China, according to various industry sources.
Transactions | Sep 17, 2021 Edmond de Rothschild REIM acquires light-industrial asset in the Netherlands by Released Edmond de Rothschild Real Estate Investment Management, on behalf of the Edmond de Rothschild Euro Industrial Real Estate Fund, has acquired a light-industrial/logistics asset in a sale-lease back transaction with Meubitrend.
Research | Sep 17, 2021 UBS: What lies beneath the waters? by Kali Persall Economic recovery is well under way in Europe.
Investors | Sep 17, 2021 CalSTRS unveils net-zero emissions goals, names new COO by Kali Persall The board of the $318.4 billion California State Teachers’ Retirement System has pledged to pursue a net-zero greenhouse gas emissions goal in its $310.9 billion investment portfolio by 2050 or earlier.
People | Sep 17, 2021 Europa Capital appoints new managing director by Released Europa Capital has appointed Jeremy Bullock as managing director, asset and portfolio management.
Research | Sep 17, 2021 Renter-majority suburbs in 50 largest metros by Andrea Zander Renters are now the majority in 103 U.S. suburbs that were previously homeowner territory 10 years ago, and 57 other suburbs are expected to follow suit in the next five years, according to RentCafe.
Research | Sep 17, 2021 INREV: Pan-European Quarterly Asset Index sees total returns hit 3.01 percent by Released Results from the latest pan-European INREV Quarterly Asset Level Index reveal the strong performance of European non-listed real estate.
Transactions | Sep 17, 2021 Transwestern Development, Crows Holdings sells warehouse in Florida by Released Transwestern Development Co. (TDC®), in partnership with a real estate fund advised by Crow Holdings Capital (CHC), has sold University Park at Bridgewater.
Research | Sep 16, 2021 WEBINAR: NFI-ODCE Index — Mid-year update by Andrea Zander Institutional Real Estate, Inc., hosted its fourth webinar on the NFI-ODCE Index on Sept. 15.
Transactions | Sep 16, 2021 Redhill Realty sells apartment community for $146m by Andrea Zander Gelt has acquired The Oasis Anaheim, a 312-unit, transit-oriented apartment property located at 3530 E. La Palma Avenue in the northeast area of Anaheim, Calif.
People | Sep 16, 2021 UBS Asset Management strengthens U.S. real estate team with senior appointment by Released UBS Asset Management, Real Estate & Private Markets (REPM) has appointed Kurt Edwards as head of U.S. real estate research & strategy.
Research | Sep 16, 2021 Supply of U.K. care-home beds fails to keep up with demand by Released The U.K. healthcare sector has seen stifled supply growth in care-home beds in the past year despite ever-increasing demand, with data from Knight Frank revealing that U.K. care-home supply has grown by only 6 percent in the last decade, while the United Kingdom’s over-65 population has increased by 22 percent over the same period.
Transactions | Sep 16, 2021 CBRE Global Investors buys residential asset from Hines by Released CBRE Global Investors, on behalf of one of its pan-European strategies, has acquired the Südkreuz Quartier in Berlin.
Transactions | Sep 16, 2021 Yorkshire Country Properties signs €59m JV with Dominvs Group by Released Housebuilder Yorkshire Country Properties has signed a joint venture with Dominvs Group.
Investors | Sep 16, 2021 CA ventures forms $245m JV with new REIT by Andrea Zander CA Health and Science Trust, (CAHST) has secured an investment of up to USD245 million from partners Davidson Kempner Capital Management LP (Davidson Kempner), Monarch Alternative Capital LP (Monarch) and CA Ventures.
Transactions | Sep 16, 2021 Blackstone sells stake in Embassy Office Parks REIT for $275m by Andrea Zander Blackstone has sold about 5.7 crore (6 percent) units in Embassy Office Parks REIT.
Fundraising | Sep 16, 2021 Nuveen’s logistics platform adds €45m from German institutional investors by Kali Persall Nuveen Real Estate has added an additional €45 million ($53 million) to its European logistics platform from German institutional investors, bringing the sixth European logistics strategy to nearly €350 million ($413 million).
Fundraising | Sep 16, 2021 Genesta holds first close for core-plus open-ended fund by Kali Persall Genesta has completed the first closing of its fifth fund, GNRE Core Plus Open-ended, with €152 million ($179 million) of capital commitments.
Investors | Sep 16, 2021 Crescent Communities and Pretium form $1b JV for single-family build-to-rent platform by Andrea Zander Crescent Communities and Pretium today announced the formation of a joint venture to invest $1 billion in new single-family build-to-rent communities.
