People | Aug 31, 2021 GARBE Institutional Capital strengthens management team by Released GARBE Institutional Capital is strengthening its management team with the addition of Thomas Kallenbrunnen.
Transactions | Aug 31, 2021 Warburg-HIH Invest acquires first properties for new residential real estate investment fund by Released Warburg-HIH Invest Real Estate GmbH has acquired a residential development in Hanau, Germany.
Investors | Aug 31, 2021 Korea’s NPS to expand alternative investments by 2024 by Kali Persall The National Pension Service (NPS) of Korea is planning to increase its proportion of its alternative investments to up to 15 percent of its total operating assets by 2024.
Transactions | Aug 30, 2021 Australian funds end merger plans by Released Australian Catholic Superannuation (ACS) and NGS Super have confirmed that, following discussions and extensive due diligence over the past 12 months, the funds will not merge.
People | Aug 30, 2021 Chicago Teachers’ Pension Fund names new CIO by Kali Persall Andrew Kelsen has been named interim CIO of the $13.1 billion Chicago Teachers’ Pension Fund.
Investors | Aug 30, 2021 Santa Barbara County Employees to redeem out of select core open-ended funds by Kali Persall Santa Barbara County Employees’ Retirement System (SBCERS) is considering redeeming out of selected open-ended core funds and reinvesting proceeds in new core opportunities.
Transactions | Aug 30, 2021 Gulf Islamic Investments and Capital Bay form JV by Andrea Zander The Capital Bay Group and GulfIslamic Investments have announced a joint venture.
Transactions | Aug 30, 2021 European firm begins third U.S. residential project by Andrea Zander Düsseldorf, Germany-based Trei Real Estate GmbH has commenced construction of its third residential project in the United States.
Transactions | Aug 30, 2021 Thor Equities makes Texas acquisition by Andrea Zander Thor Equities has acquired the Core5 Logistics Center.
Transactions | Aug 30, 2021 Uliving reaches financial close on third phase of €196m University of Essex student accommodation scheme by Released Uliving, the student accommodation brand of Linkcity UK, in consortium with Equitix, has successfully achieved financial close of the 50-year concession for the delivery of 1,262 student bedrooms for the University of Essex.Â
Transactions | Aug 30, 2021 Mapletree acquires portfolio of four student housing assets in U.K. by Andrea Zander Mapletree Investments has purchased four purpose-built student accommodation (PBSA) assets in the United Kingdom for a total consideration exceeding £165 million (€192 million/$227 million).
Transactions | Aug 30, 2021 HQ Capital Real Estate finalizes strategic partnership by Released HQ Capital Real Estate has closed on its transaction with Concord Pacific and Paragon Real Estate Advisors, a subsidiary of HB Management, and rebranded to CP Capital.
Research | Aug 30, 2021 Further rental and occupancy declines predicted for Bangkok by Andrea Zander Bangkok marketwide office stock tracked at 6.8 million square meters (73 million square feet) in total, of which 1.8 million square meters (19 million square feet) is class A with over 1.1 million square meters (12 million square feet) set to enter the market by 2026, reported Savills.
Research | Aug 30, 2021 Proptech startup funding on track to break real estate industry records in 2021 by Released The number of real estate technology startups has increased 300 percent over the past decade, seizing the opportunity to address the industry’s biggest challenges through technology.
Investors | Aug 30, 2021 Iowa Public Employees renews Wilshire’s investment consultant contract by Kali Persall The $42.9 billion Iowa Public Employees’ Retirement System (IPERS) has chosen Wilshire Associates to continue as the plan’s investment consultant, concluding an RFP that was issued in April.
Transactions | Aug 30, 2021 Vornado to sell five Manhattan retail properties for $184m by Released Vornado Realty Trust has entered into agreements to sell five Manhattan retail properties.
Research | Aug 30, 2021 Canadian commercial real estate Q2 review and outlook by Andrea Zander At the onset of the year, uncertainty surrounding a potential looming third wave of coronavirus infections brought out pessimism and added fuel to the fire surrounding a possible double-dip recession in Canada.
Investors | Aug 27, 2021 Sweden’s AP3 sees $5.5b positive return by Kali Persall Swedish pension fund AP3 has reported a positive net result of SEK 48 billion ($5.5 billion) for first half 2021.
Transactions | Aug 27, 2021 San Jose city council approves Urban Catalyst’s extended-stay Marriott in city’s Downtown West by Released Urban Catalyst, a Silicon Valley opportunity zone fund, announced that the San Jose city council has given the go-ahead to build an extended-stay Marriott in San Jose’s Downtown West, just a short walk from Google’s planned mega-campus.
Transactions | Aug 27, 2021 State pension fund acquires Nashville-area retail center by Released Longpoint Realty Partners has sold Mallory Corners, a fully leased, 70,000-square-foot shopping center anchored by ALDI in the Nashville-area community of Brentwood, Tenn., for $24.85 million.
