Transactions | May 5, 2022 Heitman to repurpose Hong Kong industrial asset into cold storage facility by Andrea Zander Heitman has acquired a 100,000-square-foot logistics asset in Hong Kong.
Transactions | May 5, 2022 Cold storage REIT plans major expansion into Singapore by Released Lineage Logistics has acquired Mandai Link Logistics.
Investors | May 5, 2022 Nashville pension fund seeks general pension investment consultant by Kali Persall The Metropolitan Government of Nashville & Davidson County Employee Benefit Trust Fund has launched an RFP for a general pension investment consultant.
Fundraising | May 5, 2022 Mirabaud Grand Paris strategy secures €150m by Kali Persall Mirabaud Asset Management has raised €150 million ($158 million) for its Mirabaud Grand Paris strategy from large institutional and family office clients across Europe.
Transactions | May 5, 2022 Miami hotel sells for $232m by Released Sunstone Hotel Investors has entered into a definitive agreement with an affiliate of Hyatt Hotels Corp. to acquire the 339-room The Confidante Miami Beach.
Fundraising | May 5, 2022 Machine Investment Group closes inaugural fund with $312m by Kali Persall Machine Investment Group has closed its inaugural fund vehicle.
Transactions | May 5, 2022 Butters and BentallGreenOak to develop 2.2msf business park in Florida by Released Butters Group and BentallGreenOak have formed a partnership to develop Gulf Landing Logistics Center a 2.2 million-square-foot, class A business park located in Fort Myers, Fla.
Transactions | May 5, 2022 LaSalle completes acquisition of Lacus Quartier in Berlin by Released LaSalle Investment Management has completed the acquisition of Lacus Quartier in Berlin on behalf of the pan-European LaSalle E-REGI fund.
Investors | May 5, 2022 Harworth launches single-family BTR portfolio of 1,200 homes in U.K. by Released Harworth Group has launched Project Spur.
Transactions | May 5, 2022 Cromwell European REIT pays €126m for six light industrial-logistics assets by Released Cromwell Property Group has completed, on behalf of Cromwell European REIT (CEREIT), the acquisition of six fully-leased light industrial and logistics assets totaling €126.1 million ($133 million) and 192,112 square meters (2.1 million square feet) of gross leasable area across Germany, Italy, the Netherlands and the United Kingdom.
Transactions | May 5, 2022 $2.2b KKR fund makes investment for sustainable London development by Andrea Zander FORE Partnership has announced that funds managed by KKR have made a majority investment in TBC.London, a 110,000-square-foot development next to Tower Bridge.
Investors | May 4, 2022 Pennsylvania’s Borough of Dunmore seeks investment adviser for three pension funds by Kali Persall The Borough of Dunmore, Pa., has launched an RFP seeking investment advisory services for its police, fire and non-uniform pension funds.
Transactions | May 4, 2022 Colliers to invest in Rockwood Capital by Kali Persall Colliers has agreed to acquire a 65 percent stake in Rockwood Capital, a New York–based real estate investment management firm with more than $12 billion of assets under management.
Transactions | May 4, 2022 Nyfosa invests €137m in Finnish mixed-use portfolio by Released Nyfosa Finland has acquired commercial properties in the Helsinki region, Tampere and other Finnish regional cities for €137 million ($145 million).
People | May 4, 2022 Second Avenue names new COO, strategic advisers by Released Second Avenue Group announced three visionary single-family rental (SFR) industry executives have joined the company in various senior-level roles.
Transactions | May 4, 2022 Goldman Sachs and BVK launch real estate secondaries fund by Kali Persall Goldman Sachs and BVK, Germany’s largest pension fund, have launched a partnership focused on real estate secondary market transactions.
Transactions | May 4, 2022 Great Gulf Group JV acquires new communities for BTR homes in Texas by Released Great Gulf Group, together with its partners Westdale Properties and a large Canadian institutional investor, has acquired 787 residential lots across seven master-planned Texas communities.
Transactions | May 4, 2022 Lovett Industrial JV acquires 18-building industrial park in N.J. by Released Lovett Industrial and an undisclosed capital partner have formed a partnership to acquire Middlebrook Crossroads.
Transactions | May 4, 2022 Breakthrough Properties acquires St. John’s Innovation Park Building in Cambridge by Released Breakthrough Properties as acquired The Vitrum Building.
Investors | May 4, 2022 Chris Bodnar launches new private equity firm by Released In a new joint venture with the Denver-based Brue Baukol Capital Partners, healthcare and life sciences real estate industry veteran Chris Bodnar has announced the launch of a private equity firm specializing in alternative real estate asset classes. The new firm is called Prescriptive Capital.
