Transactions | Jul 28, 2021 Värde Partners sells hotel in Barcelona by Released Värde Partners has agreed to the sale of Hotel Barcelona Apolo in Barcelona.
Investors | Jul 28, 2021 Round Hill Capital forms residential partnership with Ivanhoé Cambridge in the Netherlands by Andrea Zander Round Hill Capital, Mubadala Investment Co. and Ivanhoé Cambridge have formed a new strategic partnership to expand their Dutch residential investment strategy.
Transactions | Jul 28, 2021 Catella European Residential Fund III acquires two fully-let residential buildings in Copenhagen by Released Berlin-based Catella Residential Investment Management GmbH (CRIM) has acquired two residential properties in Copenhagen, Denmark.
Long-term trends alleviate concerns on runaway inflation by Released As the post-COVID recovery takes hold, inflation has increased rapidly to 5 percent in the United States.
Transactions | Jul 28, 2021 Suntec REIT acquires The Minster Building in London for €415m by Andrea Zander
Investors | Jul 28, 2021 U.K. developer forms JV with KKR by Andrea Zander Relentless has formed a joint venture with KKR.
Keppel Pacific expands U.S. portfolio by Andrea Zander Keppel Pacific Oak US REIT Management Pte. Ltd., as manager of Keppel Pacific Oak US REIT (KORE) has made two U.S. acquisitions.
Transactions | Jul 28, 2021 Independence Realty Trust and Steadfast Apartment REIT announce strategic merger by Andrea Zander Independence Realty Trust (IRT) and Steadfast Apartment REIT, Inc. (STAR) have plans to merge.
Fundraising | Jul 28, 2021 Octopus Real Estate surpasses $1b for U.K. healthcare fund by Kali Persall Octopus Real Estate has added £314 million ($434 million) to its evergreen Octopus Healthcare Fund.
Fundraising | Jul 28, 2021 AEW adds €500m to pan-European logistics strategy by Kali Persall AEW has secured an additional €500 million ($590 million) from existing investors.
Transactions | Jul 28, 2021 Urban Catalyst proposes $600m OZ office tower in San Jose by Andrea Zander Urban Catalyst has submitted its Site Development Permit and Vesting Tentative Tract Map for its Icon/Echo project.
Fundraising | Jul 28, 2021 GLP raises $700m for third China income fund by Kali Persall GLP has closed its RMB4.5 billion ($700 million) China onshore income vehicle, GLP China Income Fund III (GLP CIF III).
Transactions | Jul 28, 2021 Boston Properties to enter the Seattle market, buys two assets for $765m by Andrea Zander In two separate deals, Boston Properties has paid $765 million for two offices.
Fundraising | Jul 27, 2021 Tikehau Capital closes second vintage of special opportunities strategy above target by Kali Persall Tikehau Capital has completed the closing of Tikehau Special Opportunities Fund II (TSO II) with €617 million ($727 million) in capital commitments, against an initial target of €500 million ($589 million).
Fundraising | Jul 27, 2021 UPDATED: LEM Capital launches new multifamily fund by Kali Persall LEM Capital has launched LEM Multifamily Fund VI. The vehicle, which opened July 9, was backed by four investors and raised $1.75 million, according to a recent filing with the SEC.
Fundraising | Jul 27, 2021 Convergence Partners to dial up digital investments in Sub-Saharan Africa by Kali Persall Convergence Partners has completed the first close of its third fund, the Convergence Partners Digital Infrastructure Fund (CPDIF), with $120 million in capital commitments, against a target of $250 million.
Investors | Jul 27, 2021 CalSTRS records record return on investments, despite pandemic by Kali Persall The California State Teachers’ Retirement System (CalSTRS) has reported a 27.2 percent net return on investments for the 2020–2021 fiscal year, bringing the fund’s total value to $308.6 billion.
Transactions | Jul 27, 2021 New Forests acquires West Coast forestry property by Released New Forests announced it has acquired the 156,000-acre Hilt-Siskiyou Forest, a mixed-conifer forest along the California and Oregon border, from the Fruit Growers Supply Co. (FGS) alongside an institutional investor client.
Transactions | Jul 27, 2021 Yondr Group and Everstone Group announce $1b strategic partnership for data center investment by Released Yondr Group, a data center business, has formed a strategic joint venture partnership with Everstone Group. The joint venture, with an initial capitalization of $1 billion, will support hyperscale clients and service the rapidly growing Indian market, the size of which is projected to exceed $4.5 billion by 2025.
Transactions | Jul 27, 2021 Cofinimmo enters British healthcare real estate by Andrea Zander Cofinimmo has acquired three recent nursing and care homes in the United Kingdom for approximately £57 million (€67 million/$79 million).
