Research | Apr 11, 2022 Development offers outsized opportunities in U.S. housing market by Andrea Zander The U.S. housing market is poised for a substantial uptick in demand as the demographic shape of society intersects with COVID-19 induced shifts, according to Principal.
Transactions | Apr 11, 2022 Pension fund acquires 605K SF class-A office tower in Nashville by Andrea Zander KBS has acquired the UBS Tower, a 29-story, 605,000-square-foot, class-A office building at 315 Deaderick St. in Nashville, on behalf of a large pension fund.
People | Apr 11, 2022 San Francisco Employees’ names Alison Romano as CEO, CIO by Kali Persall Alison Romano has been appointed to serve as CEO and CIO of the San Francisco Employees’ Retirement System (SFERS).
Investors | Apr 11, 2022 Unibail Rodamco-Westfield to sell U.S. retail asset to focus on European markets by Andrea Zander Unibail Rodamco-Westfield (URW) has plans to exit the U.S. market by the of 2023.
Transactions | Apr 11, 2022 A&E Real Estate buys Upper West side apartment for $266m by Andrea Zander A&E Real Estate has acquired 140 Riverside Blvd., a 354-unit luxury tower in the Upper West Side area of Manhattan, for $266 million.
People | Apr 11, 2022 CBRE appoints Ananth Ramchandran as head of advisory & strategic transactions, hotels & hospitality, Asia by Released CBRE has appointed Ananth Ramchandran as head of advisory & strategic transactions, hotels & hospitality, Asia.
Transactions | Apr 8, 2022 $146m sale of Long Island multi-housing community by Released A joint venture between Tritec Real Estate Co. and an affiliate of Rockwood Capital has sold The Wel, a 260-unit, newly constructed, mid-rise, luxury multi-housing community located in Lindenhurst, N.Y., along the South Shore of Long Island.
Transactions | Apr 8, 2022 PATRIZIA gets green light to convert London’s historic hClub into office of the future by Released PATRIZIA AG has secured planning permission from London’s Camden Council to convert the iconic hClub building into a state-of-the-art office in the heart of Covent Garden on Endell Street.
Investors | Apr 8, 2022 CBRE, CBRE IM to join Aldersgate Group by Released Global real estate advisor CBRE, in close collaboration with CBRE Investment Management (CBRE IM), has secured membership of the Aldersgate Group.
Research | Apr 8, 2022 Savills: Higher fit-out costs and service-charge growth set to increase office occupier costs by Andrea Zander
Research | Apr 8, 2022 First quarter senior-housing occupancy increases despite omicron variant by Andrea Zander Senior-housing occupancy increased to 80.6 percent in the first quarter of 2022 in the 31 NIC MAP Primary Markets.
Transactions | Apr 8, 2022 Harrison Street sells seven U.K.-based student-housing assets to Global Student Accommodation by Released Harrison Street has sold seven purpose-built student-accommodation (PBSA) assets to Global Student Accommodation (GSA).
People | Apr 8, 2022 JLL names Pamela Ambler as head of investor intelligence and strategy, Asia Pacific by Released JLL has appointed Pamela Ambler to the new role of head of investor intelligence and strategy, Asia Pacific.
Transactions | Apr 8, 2022 Mayfair Capital’s PITCH acquires first residential properties in partnership with Hearthstone Investments by Released The Property Income Trust for Charities (PITCH), managed by Mayfair Capital Investment Management (MCIM), has acquired the first properties in a move to invest in private residential, advised by the specialist residential investor, Hearthstone Investments.
People | Apr 8, 2022 Arkansas Public Employees Retirement System appoints temporary leader by Kali Persall On April 5, the Arkansas Public Employees Retirement System (APERS) appointed Allison Woods, the pension fund’s deputy director, as its interim executive director.
Research | Apr 8, 2022 London tops cross-regional capital inflow with $5.3b by Andrea Zander Following a pandemic-induced lull, cross-regional global capital flows to the Asia-Pacific region (APAC), North America and Europe jumped 60 percent year-over-year in second half 2021 to a record $77.5 billion.
People | Apr 8, 2022 ATP promotes Martin Præstegaard to CEO by Kali Persall ATP Group, Denmark’s largest pension fund, has promoted its vice CEO and CFO Martin Præstegaard to CEO, effective July 1.
Investors | Apr 8, 2022 TCDRS slates €70m for Aermont Capital Real Estate Fund V by Kali Persall The Texas County & District Retirement System (TCDRS) has committed €70 million ($76 million) to a European real estate fund.
Transactions | Apr 8, 2022 Gaw Capital Partners strengthens foothold in Japanese data center cluster by Kali Persall Gaw Capital Partners has acquired Fuchu Building, a property located in a well-established data center cluster close to central Tokyo.
Research | Apr 8, 2022 The upward spiral: Developers navigate escalating inflation pressures by Carolyn Marshall Inflation has finally invaded Main Street in full force, snaking through suburban neighborhoods and rural downtowns, where U.S. consumers are seeing price hikes for every imaginable staple, from gas to groceries.
