Transactions | Dec 17, 2021 San Diego logistics center sells for $135m by Released Siempre Viva Industrial II, an IDS Real Estate Group-affiliated entity, has sold the $135 million sale of Viva Logistics Center II.
Research | Dec 17, 2021 NYC office buildings may make full recovery by July 2022 by Andrea Zander A report says that Americans are heading back to office buildings in New York as 2021 winds down.
Transactions | Dec 17, 2021 Tristan Fund acquires Paris office campus by Released EPISO 5, a fund managed by Tristan Capital Partners, has purchased from two French institutional investors a six-building office campus located on the Eastern side of Paris in Charenton-le-Pont in a share deal.
Research | Dec 17, 2021 Asia Pacific property market to accelerate further in 2022 despite uncertainties, says JLL by Andrea Zander JLL expects 2022 investment volumes to be about $200 billion or more than 15 percent above the full-year estimate for 2021, which now stands at $162 billion to $169 billion. This forecast is despite renewed uncertainty over the societal and economic impact of COVID-19.
Transactions | Dec 17, 2021 CBRE Investment Management acquires 142 housing units in central Berlin by Released CBRE Investment Management has acquired 142 housing units with a combined GLA of around 10,910 square meters (117,434 square feet) in Berlin’s central Mitte district.
Investors | Dec 17, 2021 Arkansas Teacher Retirement System makes slew of real estate fund commitments by Kali Persall The Arkansas Teacher Retirement System (ARTRS) has unveiled more than $280 million in real estate commitments during the quarter ending March 31.
Investors | Dec 16, 2021 Greystar announces strategic partnership of up to €2.6b with ADIA by Andrea Zander Greystar Real Estate Partners has announced a new strategic partnership with a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) of up to £2.2 billion (€2.59 billion/$2.9 billion) to develop build-to-rent housing in London and its surrounding commuter towns.
Transactions | Dec 16, 2021 AECOM-Canyon Partners sells ultra-luxury multifamily community in Florida for $255m by Andrea Zander An affiliate of AECOM-Canyon Partners has sold The Landmark South.
Investors | Dec 16, 2021 Mixed-use urban hubs on the rise in the Nordics by Marek Handzel Mixed-use urban hubs situated in prime locations are on the rise in the Nordics.
Fundraising | Dec 16, 2021 Ares Management Corp. raises $2.2b of climate infrastructure capital by Andrea Zander Ares Management Corp. has raised $2.2 billion of dedicated climate infrastructure capital, comprising its inaugural Ares Climate Infrastructure Partners Fund with approximately $1.4 billion in total raised, and $800 million in related transaction vehicles.
People | Dec 16, 2021 New York City pension fund CIO announces retirement by Kali Persall Alex Doñé, CIO of New York City Retirement Systems, is stepping down from his post at the end of the year, according to various news reports.
Investors | Dec 16, 2021 Tishman Speyer JV launches industrial property platform with two acquisitions by Andrea Zander Tishman Speyer announced the acquisition of two “middle mile” distribution centers in Colorado and Pennsylvania.
Research | Dec 16, 2021 Diversity is a priority for majority of CRE firms, global benchmark reveals by Andrea Zander The first global benchmark of diversity, equity and inclusion (DEI) metrics for commercial real estate shows there is a clear mandate and momentum for DEI to be a priority, with 92 percent of firms adopting a DEI program or initiatives to improve DEI in the workplace.
People | Dec 16, 2021 LaSalle restructures Australian leadership team by Released LaSalle Investment Management has appointed Simon Howard and Michael Stratton as co-heads of its Australian operations.
Transactions | Dec 16, 2021 Foreign investor acquires class A office building in Chicago’s western suburbs by Released Ryan Cos., through a joint venture partnership with Sidra Capital, has acquired Oakmont Point.
Investors | Dec 16, 2021 KKR launches self-storage investment platform with Jonathan Perry by Released KKR has launched its platform to invest in self-storage real estate across the United States.
Investors | Dec 16, 2021 MIM forms $1.2b JV with NBIM by Andrea Zander MetLife Investment Management (MIM), an affiliate of Alexandria Real Estate Equities and Norges Bank Investment Management have formed a new joint venture.
Transactions | Dec 16, 2021 AXA IM Alts significantly expands U.S. industrial platform with $2.05b portfolio acquisition by Andrea Zander AXA IM Alts in partnership with Dermody Properties has acquired a 23-asset portfolio.
Investors | Dec 16, 2021 Berkshire Value Fund V picks up MassPRIM as an investor by Kali Persall Massachusetts Pension Reserves Investment Management Board (MassPRIM) has contributed $200 million to Berkshire Residential Investments’ fifth flagship value-add fund.
Fundraising | Dec 16, 2021 GARBE Institutional Capital launches open-end German residential fund by Kali Persall GARBE Institutional Capital has set a €800 million ($901 million) target investment volume for its new German residential real estate fund, GARBE European Residential Fund (GARBE EUResi).
