Investors | Nov 3, 2021 Florida SBA unveils Carlyle, CBRE, Exeter commitments by Kali Persall The Florida State Board of Administration (SBA) has disclosed more than $280 million in new investments with three major real estate managers, according to a Q3 report.
Transactions | Nov 3, 2021 Healthpeak Properties announces latest San Francisco life sciences development by Released Healthpeak Properties has announced the initial phase of its Vantage campus in South San Francisco.
Transactions | Nov 3, 2021 Landsec buys 75% stake in media-tech hub for €502m by Andrea Zander Land Securities Group Plc has bought a 75 percent stake in MediaCity, a media and tech hub at Salford in Greater Manchester, England, for £425.6 million (€502 million/$580.1 million).
Transactions | Nov 3, 2021 Invesco Real Estate adds wooden-built German development to its European Living Fund by Released Invesco Real Estate has acquired a residential development in Germany in a forward-funding deal set to complete in first quarter 2023.
Fundraising | Nov 3, 2021 Dai-ichi Life and Samurai Capital launch $440m ESG fund by Kali Persall Dai-ichi Life and Samurai Capital have formed a JPY50 billion ($440 million) ESG fund to invest in assets with social significance.
Transactions | Nov 3, 2021 ESR shareholders approve acquisition of ARA Asset Management by Andrea Zander ESR Cayman Limited’s (ESR) shareholders have voted to approve all the proposals in relation to the proposed acquisition of ARA Asset Management.
Investors | Nov 2, 2021 Arcapita and Arden group launch $800m JV, plans for $2b AUM by Andrea Zander Arcapita Group Holdings and Arden Group have formed a joint venture to acquire multitenant industrial properties in urban centers across major markets in the United States.
Research | Nov 2, 2021 Multifamily absorption improves in gateway markets by Released After experiencing negative apartment absorption during 2020, gateway metros made a comeback in 2021.
Transactions | Nov 2, 2021 Apache Capital acquires site for €253m rental scheme by Andrea Zander Apache Capital has plans to build 650 homes on a site it has recently acquired in the U.K. government’s Oxford-Cambridge Arc growth area.
Research | Nov 2, 2021 Higher energy prices won’t derail the global recovery by Andrea Zander The global recovery from the pandemic will be dented but not derailed if high energy prices persist throughout 2022.
Transactions | Nov 2, 2021 BlackRock forms childcare JV with Federation by Andrea Zander Australia’s Federation Asset Management has formed a A$600 million ($453 million) joint venture with BlackRock Real Assets.
Transactions | Nov 2, 2021 Ingenia has plans to acquire 20 communities and development sites in Australia by Released Ingenia Communities Group has announced a 1 for 4.24 accelerated non-renounceable entitlement offer to existing securityholders to raise approximately A$475 million ($354 million) in equity.
People | Nov 2, 2021 Blackstone hires Ryusuke Shigetomi to support the firm’s expansion in Japan by Andrea Zander Ryusuke Shigetomi will join Blackstone as chairman and representative director of Japan to support the firm’s continued growth in the market.
Transactions | Nov 2, 2021 Decron Properties acquires multifamily community in Phoenix for $125m by Released Decron Properties has purchased Avery on the Green, a 324-unit multifamily property in the Phoenix submarket of Chandler, Ariz., for $125.25 million.
Transactions | Nov 2, 2021 Fifteen Group JV sells Orlando apartment for $107m by Released A joint venture between affiliates of Miami-based Fifteen Group and Meritage Group LP has completed the sale of Patterson Court Apartments in Orlando.