Transactions | Sep 30, 2021 Alexandria Real Estate Equities expands strategic relationship with Moderna by Released Alexandria Real Estate Equities has plans to develop, operate and construct a new corporate headquarters and core R&D facility for Moderna.
Research | Sep 30, 2021 Majority office workers to return by Q1 2022 by Andrea Zander About 40 percent of the workforce had returned to the office as of September, but the majority will return in early 2022, according to Cushman & Wakefield in its Predicting the Return to the Office.
Transactions | Sep 30, 2021 Deka Immobilien pays €120m for Milan office by Andrea Zander Deka Immobilien has acquired an office and commercial building in Milan, for €120 million ($139 million).
Investors | Sep 30, 2021 New Jersey Division of Investment records highest annual return in 20 years by Kali Persall The New Jersey Division of Investment has reported a return of 28.63 percent for the 12-month period ending June 30.
Transactions | Sep 30, 2021 Investors sell stake in Starrett City for $1.8b by Andrea Zander An anonymous group of institutional investors are selling a 71 percent stake in the East New York development.
Investors | Sep 30, 2021 OP&F commits $60m to Almanac Realty Securities IX by Kali Persall The $18.58 billion Ohio Police & Fire Pension Fund (OP&F) has approved a commitment of up to $60 million to Almanac Realty Securities IX.
Investors | Sep 29, 2021 Hana to deploy $500m on Tishman Speyer initiatives by Andrea Zander Tishman Speyer and Hana Financial Group (HFG) have formed a strategic partnership that will co-invest in a diverse range of asset classes in the United States, Europe and Asia.
Investors | Sep 29, 2021 CalSTRS commits $450m to Artemis, AEW real estate funds by Kali Persall The $318.4 billion California State Teachers’ Retirement System (CalSTRS) has committed a total of $300 million to Artemis Real Estate Partners Healthcare Fund II and a coinvestment fund alongside the vehicle, according to a recent investment report.
Fundraising | Sep 29, 2021 Catella European Residential III Fund reaches €750m by Kali Persall The Catella European Residential III Fund (CER III) has brought in more than €270 million ($315 million) in mandate commitments.
Research | Sep 29, 2021 Latest AEW research shows continued ‘risk off’ attitude of lenders post COVID-19 by Released The latest research from AEW, a global real estate investment manager, shows lenders’ continued “risk off” attitude since the start of the COVID-19 pandemic, with no loans recorded at loan-to-value ratios above 80 percent, post 2019.
Transactions | Sep 29, 2021 Evergrande to sell $1.5b stake in Chinese bank by Andrea Zander Evergrande has plans to sell off a $1.5 billion stake in Shengjing Bank to state-owned asset-management firm Shenyang Shengjing Finance Investment Group, according to a filing submitted to the Hong Kong Exchange.
Research | Sep 29, 2021 Delta variant delaying re-entry decisions, but not derailing office recovery by Released The office market will recover and remain a critical part of the workplace, and of investment portfolios.
Investors | Sep 29, 2021 Carlyle and Montano to invest in German urban logistics market by Andrea Zander Carlyle and Montano Real Estate have formed a joint partnership to invest in logistics properties with a focus on distribution assets in prime urban locations in Germany.
Transactions | Sep 29, 2021 CA Ventures' PBSA portfolio fully leased in first year by Released CA Ventures announced its initial portfolio of purpose-built student accommodation (PBSA) assets in the United Kingdom has been fully leased for the 2021/2022 school year.
Transactions | Sep 29, 2021 Arrow Capital Partners makes additional investment in Spanish logistics by Released Arrow Capital Partners, the investor and operator of real estate in Europe and Asia Pacific, has made a further investment in a major warehouse in Madrid for its €3 billion ($3.4 billion) Strategic Industrial Real Estate (SIRE) platform backed by Cerberus.
Fundraising | Sep 29, 2021 Azora raises €815m for latest pan-European hospitality fund by Kali Persall Madrid-based Azora has completed the final close of its latest pan-European hospitality fund.
Transactions | Sep 29, 2021 Kennedy Wilson makes $134m acquisition in Denver by Released Kennedy Wilson has acquired Griffis Marston Lake, a wholly owned 332-unit suburban apartment community in Denver, for $134 million.
Transactions | Sep 29, 2021 MGM Resorts International closes purchase of Infinity World’s 50% interest in CityCenter by Released MGM Resorts International announced the closing of the previously announced purchase of Infinity World Development Corp.’s 50 percent interest in CityCenter Holdings for $2.125 billion.
Transactions | Sep 29, 2021 Twinlite, Tristan Capital to sell €300m build-to-rent schemes in Ireland by Andrea Zander Irish property developer Twinlite and its joint venture partner Tristan Capital Partners have hired real estate agent CBRE to sell two build-to-rent apartment schemes in Clongriffin, north Dublin.
People | Sep 29, 2021 Dune Real Estate Partners names chief administrative officer – investments by Released Dune Real Estate Partners has named Elizabeth Burban to the newly created position of chief administrative officer – investments.
