Transactions | Jul 13, 2021 CBRE Global Investors acquires core office in Paris by Released CBRE Global Investors has acquired in an off-market deal an office building located at 17 rue d’Astorg in Paris.
Research | Jul 13, 2021 Asia Pacific logistics and industrial investment poised to double within five years by Andrea Zander Investment into Asia Pacific logistics and industrial real estate will double within the next three to five years as investors look to increase exposure to the asset class, according to JLL.
Fundraising | Jul 13, 2021 Roxborough Fund III completes $518m final close by Kali Persall Roxborough Fund III, a value-add fund managed by The Roxborough Group, has raised more than $518 million in capital commitments at its final closing.
Research | Jul 12, 2021 New York City on track for surge of new hotel rooms by Released New York City is well ahead of all other U.S. markets in hotel rooms under construction and projected openings for the remainder of 2021, according to STR.
People | Jul 12, 2021 Salika Khizer joins Principal Global Investor as managing director by Andrea Zander Principal Global Investors has hired Salika Khizer as managing director, real estate marketing.
Fundraising | Jul 12, 2021 Cromwell Property Group and Dasos Capital launch €1b European wooden building property fund by Andrea Zander Real estate investor and manager Cromwell Property Group is partnering with sustainable real asset manager Dasos Capital to establish a pan-European, wooden building property fund.
People | Jul 12, 2021 LaSalle creates new European transactions and asset management team by Released LaSalle Investment Management has reorganized its European operations in order to deliver a pan-European offering to institutional investors that are seeking a more integrated approach to the acquisition, management and divestment of assets.
Research | Jul 12, 2021 Short-term real estate valuations represent long-term investment opportunities, report official institutions by Released A majority (72 percent) of respondents to Invesco’s ninth annual Global Sovereign Asset Management Study believe that depressed valuations in the real estate sector in the wake of the COVID-19 pandemic represent a strong opportunity to invest in the asset class.
Investors | Jul 12, 2021 Madison International Realty and Griffin Real Estate form German logistics JV by Andrea Zander Griffin Real Estate and Madison International Realty have formed a joint venture for their first investments together in Germany.
Transactions | Jul 12, 2021 Heimstaden €370m Icelandic property portfolio by Andrea Zander Heimstaden AB has acquired 100 percent of the shares in Icelandic residential company Heimstaden ehf. from Fredensborg ICE ehf. for SEK 1.7 billion (€170 million/$439 million).
Investors | Jul 12, 2021 LACERS makes follow-on commitments for core real estate by Andrea Zander Los Angeles City Employees’ Retirement System (LACERS) has made additional commitments of up to $50 million to two core real estate funds.
People | Jul 12, 2021 Carla Peterson joins Institutional Real Estate, Inc. as managing director, infrastructure by Andrea Zander Institutional Real Estate, Inc. (IREI) announced that Carla Peterson has joined IREI as managing director of infrastructure.
Investors | Jul 12, 2021 Godrej Properties to invest over $1b in next couple of years by Andrea Zander Mumbai, India-based Godrej Properties (GPL) has plans to invest more than $1 billion over the next couple of years to acquire and develop new projects as part of its target to achieve higher growth, according to media outlets.
Transactions | Jul 12, 2021 Cajamar sells €500m real estate portfolio to Cerberus by Andrea Zander Grupo Cooperativo Cajamar has sold a €500 million ($593 million) real estate portfolio.
Transactions | Jul 12, 2021 Wrenbridge and Morgan Stanley Real Estate Investing acquire five-acre site in England by Released Wrenbridge and a subsidiary of an affiliate advised by Morgan Stanley Real Estate Investing (MSREI) have acquired a prime, five-acre site in England.
Research | Jul 12, 2021 Edinburgh office take-up surges in Q2 as economy reopens by Released Office take-up in Edinburgh, Scotland.
SPONSORED: Making room for alternatives by Jennifer Babcock A sponsored report, “Real estate alternatives: Changing the role of real estate within an institutional portfolio,” by David Segall, director, strategic insights, Americas, and Melissa Reagen, managing director, portfolio management, alternatives, Americas, of Nuveen Real Estate, examines how investors who stick to the traditional four property types may miss the full benefits of a real estate allocation, including possibly higher risk-adjusted returns, better diversification and lower capital expenditures.
Investors | Jul 9, 2021 San Diego City Employees to pour $70m into noncore real estate strategies by Kali Persall The San Diego City Employees Retirement System (SDCERS) is planning to make $70 million of new noncore real estate commitments in fiscal year 2022, according to investment notes from a recent meeting.
Research | Jul 9, 2021 Significantly more German commercial real estate transactions on horizon in H2 2021 by Andrea Zander Approximately €22.9 billion ($27.2 billion) was invested in German commercial property during first half 2021, according to Savills.
People | Jul 9, 2021 German manager GPEP appoints new managing director by Kali Persall German asset and property manager GPEP has appointed Jörn Burghard as managing director.
