Transactions | Apr 29, 2022 KKR acquires seven industrial buildings for $272m by Andrea Zander KKR has purchased seven industrial distribution buildings totaling nearly 1.8 million square feet (SF) serving the Dallas, Fort Worth and Atlanta markets.
Transactions | Apr 29, 2022 DivcoWest buys Northridge Summit in San Diego for $76.1m by Released DivcoWest has paid $76.1 million for Northridge Summit, a class-A, single-tenant office building totaling approximately 130,000 square feet in San Diego.
Transactions | Apr 29, 2022 Trammell Crow acquires first site in Germany by Released Trammell Crow Co. (TCC) has acquired its first site in Germany and entered into an exclusivity agreement on another, marking the firm’s first-class A logistics projects in the country.
Transactions | Apr 28, 2022 Thor Equities plans for €600m data center in Spain by Released Thor Equities Group, a global leader in real estate, has signed a contract to acquire and develop a state-of-the-art €600 million ($630 million) data center facility in Madrid.
Investors | Apr 28, 2022 Under the surface: Could web scraping help improve real estate investment? by Julius ÄŚerniauskas While a relatively stable investment, real estate has to be evaluated based on numerous external and internal factors. Some of them might have an immediately obvious impact on pricing, such as construction, or the most up-to-date renovation date. These are also relatively easy to find.
Fundraising | Apr 28, 2022 M&G Real Estate raises €524m for European Property Fund by Released M&G Real Estate has secured €524 million ($555 million) for its €5 billion ($5.3 billion) European Property Fund during the past few months, representing the largest amount raised in a single quarter in the fund’s 15-year history.
Transactions | Apr 28, 2022 AMP sells Collimate Capital’s international infrastructure equity business by Released AMP has entered into an agreement for the sale of Collimate Capital’s international infrastructure equity business.
Transactions | Apr 28, 2022 IHP Capital Partners and Intracorp Homes to transform Southern California site into 33 single-family homes by Released IHP Capital Partners have formed a joint venture to acquire a 2.9-acre parcel in Arcadia, Calif.
Transactions | Apr 28, 2022 Colonial invests €485m in Paris office complex by Andrea Zander Colonial has finalized the purchase of the Amundi's headquarters in Paris for €485 million ($510 million).
People | Apr 28, 2022 Blackstone expands presence in South Korea by Released Blackstone has plans to expand its presence in South Korea, a key market where it has built a presence during the past 15 years.
Transactions | Apr 28, 2022 Upscale resort near Walt Disney World trades for approximately $121m by Released A joint venture between Tishman Realty and Cross Lake Partners has acquired Wyndham Grand Orlando Resort Bonnet Creek.
Transactions | Apr 28, 2022 Hudson Pacific completes acquisition of Washington 1000 development site by Released Hudson Pacific Properties has acquired Washington 1000, a fully entitled, state-of-the-art office development site in Seattle, for $85.6 million before closing adjustments.
Investors | Apr 28, 2022 Second Avenue Group locks in $250m commitment from Monroe Capital by Kali Persall Second Avenue Group, an institutional single-family rental platform, has added $250 million from private credit asset manager Monroe Capital to its investment platform.
Transactions | Apr 28, 2022 Trinity Place Holdings sells JV interest in NYC asset by Released Trinity Place Holdings, along with its joint venture partner, has closed on the sale of The Berkley, at 223 N. Eighth Street in Williamsburg, Brooklyn, to TF Cornerstone for $71.02 million.
Transactions | Apr 28, 2022 KKR completes acquisition of Japanese real estate asset manager by Released KKR & Co. has closed the previously announced transaction whereby KKR purchased all the shares of Mitsubishi Corp.-UBS Realty, a Japanese real estate asset manager.
Investors | Apr 28, 2022 ICG to launch Asia Pacific real estate business by Released ICG has hired a dedicated team to invest in Asia Pacific real estate equity and debt, focusing on mid- to upper-market transactions, corporate-led deals and special situations.
Investors | Apr 28, 2022 Ohio Police & Fire slates $50m for core-plus real estate fund by Kali Persall The $18.14 billion Ohio Police & Fire Pension Fund (OP&F) has approved a commitment of up to a core-plus real estate fund managed by Fairfield Residential.
Transactions | Apr 28, 2022 REAF Communities acquires 3,173 acres for master planned community in Texas by Released RREAF Communities has closed on a 3,173-acre mixed-use development between Austin and San Antonio in Caldwell County, Texas.
Fundraising | Apr 28, 2022 CBRE Investment Management launches new senior credit fund in the U.K. by Released CBRE Investment Management has established an evergreen U.K. Senior Credit Fund.
Transactions | Apr 28, 2022 Hersha Hospitality Trust to sell noncore Urban Select Service properties for $505m by Andrea Zander Hersha Hospitality Trust has entered into a definitive agreement to sell seven of its noncore Urban Select Service properties outside of New York City for $505 million.