People | Nov 9, 2021 CIO of South Korea’s POBA to depart in January 2022 by Kali Persall Jang Dong-hun, CIO of South Korea's $15 billion Public Officials Benefit Association (POBA), is leaving after six years in the role, according to various news reports.
Transactions | Nov 9, 2021 Related Group Partner JV to invest in $500m project in West Palm Beach, Fla. by Andrea Zander On behalf of Transit Village and the project's principal, Michael Masanoff, Avison Young's Florida Capital Markets Group secured and structured a joint venture transaction.
Transactions | Nov 9, 2021 Middle Eastern investor enters Scotland by Andrea Zander International Investment Gate has acquired the building at 158–160 West Regent St. in Glasgow, Scotland.
Transactions | Nov 9, 2021 Heitman acquires prime Tokyo multifamily portfolio by Released Heitman has acquired a portfolio of eight multifamily assets, located across Tokyo’s prime residential submarkets.
Investors | Nov 9, 2021 Madison Realty Capital and Newbond Holdings launch $500m hospitality lending platform by Released Madison Realty Capital and Newbond Holdings have launched Madison Newbond.
Transactions | Nov 9, 2021 Grosvenor sells value-add residential community in Gaithersburg, Maryland by Released Grosvenor Americas has sold Sawyer Flats at 9806 Mahogany Dr. in Gaithersburg, Maryland, to an undisclosed buyer.
Investors | Nov 8, 2021 New Hampshire Retirement System reports 29.4% return by Kali Persall The New Hampshire Retirement System (NHRS) has realized a 29.4 percent return on its investments, for the fiscal year ending June 30.
Transactions | Nov 8, 2021 Invesco Real Estate acquires 56-unit townhouse development near Copenhagen by Released Invesco Real Estate has acquired a 56-unit development in a suburb outside of Copenhagen.
Research | Nov 8, 2021 National office market on course for recovery by Released The economy’s recovery of all office-using jobs and an increase in tour activity signal improvement for the national office market.
Transactions | Nov 8, 2021 CA Industrial and Barings break ground on 300-acre Savannah logistics site by Released CA Industrial and Barings have broken ground on its first phase of their I-16 Port Logistics site in Bloomingdale, Ga., a nine-building site totaling nearly 4 million square feet.
Transactions | Nov 8, 2021 UBS Asset Management invests €103m in new life-sciences facility by Released UBS Asset Management (UBS-AM) Real Estate and Private Markets (REPM) has plans to provide £66 million (€103 million/$119 million) in forward funding for a state-of-the-art pharmaceutical facility.
Transactions | Nov 8, 2021 Link acquires prime iconic retail properties in Sydney by Andrea Zander Link Asset Management, the manager of Link REIT, has agreed to acquire 50-percent interests in the three leading retail assets in Australia.
Research | Nov 8, 2021 Average asking rents rise again in October, Yardi Matrix reports by Released Average U.S. asking rent increased by $23 in October to $1,572, a record high. Asking rents were also up 13.7 percent year-over-year, according to the latest Yardi® Matrix National Multifamily Report.
Transactions | Nov 8, 2021 Japanese investor sells multifamily housing project in California by Andrea Zander Mitsui & Co., Ltd. announced that wholly owned U.S. subsidiary, MBK Real Estate (MRE) has sold the Artesa at Menifee Town Center in Menifee, Calif., to MG Properties Group.
Transactions | Nov 8, 2021 Mayfair enters self-storage market by Released Mayfair Capital has completed the purchase of a portfolio of assets from The Storage Team.
Investors | Nov 8, 2021 ABP to divest in fossil-fuel producers by Kali Persall Dutch pension fund ABP has announced plans to cut ties with producers of fossil fuels, such as oil, gas and coal, as part of a goal to minimize global warming to 1.5 degrees celsius.
Transactions | Nov 8, 2021 Värde Partners agrees on €445m sale of BizSpace to Sirius Real Estate by Released Värde Partners as agreed to sell BizSpace.
Transactions | Nov 8, 2021 KREST Industrial Real Estate enters South Korea market by Andrea Zander KKR Real Estate Select Trust, a subsidiary of KKR, has expanded its industrial real estate portfolio with two new acquisitions, including KREST’s first international investment.
Transactions | Nov 8, 2021 CorePoint Lodging to be acquired by JV in $1.5b deal by Andrea Zander CorePoint Lodging has entered into a definitive agreement to be acquired through a joint venture between affiliates of Highgate and Cerberus Capital Management.
Fundraising | Nov 8, 2021 Knight Frank Investment Management surpasses $1b for Long Income Property Unit Trust by Kali Persall Knight Frank Investment Management has raised more than £1 billion ($1.35 billion) for its Long Income Property Unit Trust (KFIM LIPUT).
