Investors | Jun 23, 2021 The Regents of the University of Michigan invests in Rubicon First Ascent by Kali Persall The Regents of the University of Michigan has approved a commitment of up to $25 million to a value-add real estate fund managed by Rubicon Point Partners.
Investors | Jun 23, 2021 TCDRS backs European hotel fund by Kali Persall Texas County & District Retirement System (TCDRS) has committed €65 million ($77 million) to a fund is managed by London-based Victory Group.
Transactions | Jun 23, 2021 Catella Residential IM acquires energy-positive Elithis Tower in France by Andrea Zander Catella Residential Investment Management (CRIM) has acquired its second Elithis Residential Tower project in Dijon, France.
Investors | Jun 23, 2021 BTG Pactual Strategic Capital JV launches $1b industrial platform by Released BTG Pactual Strategic Capital, Grupo Patio and Morning Calm Management have launched Aurora Industrial, a platform company targeting acquisitions of $1 billion-plus of U.S. Midwest industrial real estate over the next three years.
People | Jun 23, 2021 Bob Dake joins Sterling Organization as COO – Retail by Released Sterling Organization as hired Bob Dake as COO, retail.
People | Jun 23, 2021 Charles Hyde to lead asset allocation strategy for NZ Super Fund by Kali Persall Charles Hyde has been selected as head of asset allocation for the $58 billion NZ Super Fund, following an extensive external search process. His role will take effect on July 1.
Research | Jun 23, 2021 Canadian investors increase investments in Korea by Andrea Zander Canadian investors are growing their presence in the Asia Pacific commercial real estate market.
Investors | Jun 23, 2021 Walton enters single-family build-to-rent market by Andrea Zander Walton Global Holdings has launched a build-to-rent (BTR) line of business.
Transactions | Jun 23, 2021 Pebblebrook Hotel Trust pays $270m for hotel in Florida by Andrea Zander Pebblebrook Hotel Trust has acquired the 369-room Margaritaville Hollywood Beach Resort in Hollywood, Fla., for $270 million.
People | Jun 23, 2021 ShopOne names Michael Makinen COO by Released ShopOne Centers REIT has appointed experienced public REIT executive Michael Makinen as COO.
Investors | Jun 22, 2021 Colorado PERA’s investment portfolio logs 17.4% return by Kali Persall The investment portfolio of the Colorado Public Employees' Retirement Association (PERA) has returned 17.4 percent for the year ending Dec. 31, 2020.
Transactions | Jun 22, 2021 Harbor Group International sells suburban Miami multifamily community for $222m by Andrea Zander Harbor Group International has sold City Center on 7th.
Transactions | Jun 22, 2021 Welltower to buy Holiday Retirement's seniors housing portfolio for $1.58b by Andrea Zander Welltower has entered into a definitive agreement to acquire a portfolio of 86 seniors housing properties.
Investors | Jun 22, 2021 Castellum and the Port of Gothenburg form JV company for new Nordic logistics hub by Andrea Zander Castellum has signed a letter of intent with the Port of Gothenburg to jointly develop the Halvorsäng area into a leading Nordic logistics hub.
Transactions | Jun 22, 2021 Regent Properties acquires downtown San Diego office portfolio for $420m by Released Regent Properties has acquired a portfolio of four high-rise commercial office buildings located in downtown San Diego, for $420 million.
Research | Jun 22, 2021 COVID-19 disruptions compel companies to re-evaluate their approach to mobility by Andrea Zander Ashgabat in Turkmenistan is the most expensive city in the world for overseas workers, according to Mercer’s Cost of Living Survey.
Fundraising | Jun 22, 2021 Virtus Real Estate Capital closes third value-add/opportunistic fund above target by Kali Persall Austin-based Virtus Real Estate Capital has completed a final closing of Virtus Real Estate Capital III.
Transactions | Jun 22, 2021 Ascott-Qatari Fund to acquire Paris, Hanoi residential projects for $156m by Andrea Zander CapitaLand’s wholly owned lodging business unit, The Ascott Ltd. (Ascott), has entered into two agreements to acquire two properties in Paris and Hanoi, Vietnam.
Transactions | Jun 22, 2021 CBRE Global Investors acquires Turin logistics portfolio by Released CBRE Global Investors, on behalf of its European Industrial Fund (EIF), has acquired a portfolio of three new class A logistics assets in Turin, Italy.
Transactions | Jun 22, 2021 PATRIZIA AG fund makes first investment outside Germany by Released PATRIZIA AG has acquired an assisted living complex and medical center in Amsterdam.
