Research | Dec 13, 2021 Nuveen: 2022 should still be a ‘risk-on’ year by Andrea Zander 2022 should still be a “risk-on” year.
Transactions | Dec 10, 2021 NYC’s American Copper Buildings to Sell for $850m by Andrea Zander Manhattan’s American Copper Buildings, a pair of luxury apartment towers, are being sold for roughly $850 million in one of New York’s biggest residential deals since the pandemic began.
Investors | Dec 10, 2021 Oxford and EverWest Real Estate Investors establish $1b JV by Andrea Zander Oxford Properties Group has formed a $1 billion joint venture with EverWest Real Estate Investors to acquire and develop infill, small-bay, industrial properties across the United States.
Research | Dec 10, 2021 Senior housing occupancy rates continue road to recovery by Kali Persall Occupancy rates continue to rise for all seniors housing property types, with assisted living seeing the largest increase, according to the latest intra-quarterly data from the National Investment Center for Seniors Housing & Care (NIC).
Research | Dec 10, 2021 CBRE's outlook: Growth and investment gain momentum as long as pandemic held at bay by Andrea Zander CBRE foresees a record year for investment in commercial real estate in 2022 due to added momentum in the economic and real estate recoveries, major fiscal stimulus projects and a rebound of big cities and downtowns.
Research | Dec 10, 2021 MIM: Why real estate investors can no longer overlook Canada by Andrea Zander Institutional investors with growing allocations to real estate, Canada’s growth prospects and disciplined investment markets may provide an opportunity for diversification and consistent, stable returns, according to Manulife Investment Management.
Transactions | Dec 10, 2021 U.S. led consortium wins bid for $200m development in Cairo, Egypt by Released An international consortium of developers and investors including Oxford Capital Group, Global Ventures Group and Al Otaiba Investments were selected as the winning bid to develop and repurpose the historic Mogamma el Tahrir Complex on Tahrir Square as CairoHouse, a groundbreaking mixed-use development in Cairo.
Research | Dec 10, 2021 Post-pandemic shifts offer great repurposing opportunities by Marek Handzel Post-pandemic shifts across real estate sectors are offering unprecedented opportunities to create value through repurposing, according to Europa Capital.
Transactions | Dec 10, 2021 Blackstone to acquire GIC's Stake in Australian logistics trust by Andrea Zander Blackstone’s Core+ Real Estate strategy in Asia signed a binding agreement to acquire GIC’s 49-percent stake in the Dexus Australia Logistics Trust.
Research | Dec 10, 2021 U.S. prices jumped 6.8% in November, steepest rise since 1982 by Released The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.8 percent in November on a seasonally adjusted basis after rising 0.9 percent in October, the U.S. Bureau of Labor Statistics reported.
Transactions | Dec 10, 2021 PATRIZIA invests €230m in turnkey Rotterdam distribution center by Released PATRIZIA AG, a leading partner for global real assets, on behalf of its institutional clients has invested in a €230 million ($260 million) turnkey acquisition of a 233,000-square-meter (2.5 million -square-foot) distribution center in the container hub of Rotterdam, Europe’s largest port, from Dutch logistics developer DHG.
Investors | Dec 10, 2021 Tennessee Consolidated Retirement System greenlights $250m for CBRE U.S. Logistics Partners by Kali Persall The Tennessee Consolidated Retirement System (TCRS) has approved a maximum commitment of $250 million to CBRE U.S. Logistics Partners.
Fundraising | Dec 10, 2021 Kingstone Real Estate issues first healthcare fund by Kali Persall Kingstone Real Estate has launched its first healthcare Fund, Kingstone Living & Care I (KLC I), which will be structured as an open-ended alternative investment fund (AIF).
Research | Dec 10, 2021 REITs slide 0.7% in November amid Omicron fears by Loretta Clodfelter U.S. REITs fell in November, with the FTSE Nareit Equity REITs Index declining nearly 0.7 percent in the month after rising 7.6 percent in October.
Bain Capital Real Estate Fund II closes at $3b by Kali Persall Bain Capital Real Estate has completed a final closing of its Bain Capital Real Estate Fund II, with more than $3 billion of equity commitments.
Investors | Dec 9, 2021 Rhode Island Employees’ contributes to Crow Holdings Realty Partners IX’s final close by Kali Persall The Employees' Retirement System of Rhode Island (ERSRI) contributed to Crow Holdings Realty Partners IX’s $2.3 billion final close, according to a meeting document from August.
Investors | Dec 9, 2021 UMH Properties enter into JV with Nuveen Real Estate by Released UMH Properties enter into JV with Nuveen Real Estate
Transactions | Dec 9, 2021 Amsterdam office tower sells for €765m by Andrea Zander Dutch lender ABN AMRO has reached agreement with real estate investment firm Victory Group regarding the sale and leaseback of the bank’s head office at Gustav Mahlerlaan in Amsterdam.
Fundraising | Dec 9, 2021 CapRock Partners closes $700m Logistics Venture by Andrea Zander CapRock Partners announced the final closing of CapRock Logistics Venture.
Investors | Dec 9, 2021 CPP Investments and Greystar form U.S. purpose-built single-family rental JV by Andrea Zander Canada Pension Plan Investment Board (CPP Investments) and Greystar Real Estate Partners have formed a new joint venture to develop and acquire purpose-built single-family rental communities in the United States.