Investors | Mar 22, 2022 Marcus Capital Partners Fund IV picks up TCDRS as an investor by Kali Persall Texas County & District Retirement System (TCDRS) has greenlighted a commitment of up to $75 million to Marcus Capital Partners Fund IV.
Transactions | Mar 22, 2022 CIM Group sells mixed-use development in Miami’s Wynwood District by Released CIM Group has sold Strata Wynwood, a recently completed mixed-use development with 257 apartment residences, 60,300 square feet of creative office space, 27,040 square feet of retail and 474 parking spaces in the Wynwood Arts District of Miami.
Research | Mar 21, 2022 Will a rebound in travel accelerate the hotel recovery in 2022? by Released The travel and hotel landscape faced unprecedented uncertainty as the global pandemic took hold. Now that the health crisis is beginning to subside, the sector is gaining momentum and creating new opportunity, according to Marcus & Millichap.
Research | Mar 21, 2022 STR reports continued improvement for the U.S. hotel industry during February by Released The U.S. hotel industry reported higher performance than the month prior, along with better indexed comparisons with 2019, according to February 2022 data from STR.
Transactions | Mar 21, 2022 UBS Asset Management pays €71m for student-accommodation asset in UK by Released UBS Asset Management Real Estate & Private Markets has purchased a prime student-accommodation asset in Nottingham, England.
Transactions | Mar 21, 2022 M&G Real Estate pays €385m for Japanese multifamily housing portfolio by Andrea Zander M&G Real Estate has purchased a portfolio of 30 residential assets in Japan’s gateway cities.
Transactions | Mar 21, 2022 Investcorp acquires €128 million office building in Rome by Released Investcorp has completed the acquisition of Via Paolo di Dono 44, an office located in Rome, for €128 million ($141 million).
Transactions | Mar 21, 2022 Hines and Kajima enter PRS in Poland by Released Hines and Kajima, the pan-European real assets business, have announced an agreement to pursue development projects in Poland in the private rental housing sector (PRS).
Transactions | Mar 21, 2022 CA Industrial expands partnership with DWS with logistics center in Texas by Released CA Industrial announced the groundbreaking of its 2700 Avenue K logistics and last-mile delivery facility in Grand Prairie, Texas.
Fundraising | Mar 21, 2022 Hamilton Point Investments closes ninth apartment fund by Kali Persall Hamilton Point Investments has closed its HPI Real Estate Fund IX with $195 million of equity commitments.
Transactions | Mar 21, 2022 British Land and Landsec consider €956m asset swap by Andrea Zander British Land and Land Securities had held initial talks over a potential £800 million (€956 million/$1.1 billion) deal.
Transactions | Mar 21, 2022 Transwestern launches opportunistic-investment platform by Released Transwestern has formed Transwestern Ventures.
Investors | Mar 21, 2022 Illinois SURS slates $75m for GI Partners Essential Tech + Science Fund by Kali Persall The Illinois State Universities Retirement System (SURS) has approved a commitment of $75 million to the GI Partners Essential Tech + Science (ETS) Fund, according to a recent board meeting document.
Transactions | Mar 21, 2022 Mapletree Commercial proposes all-cash in new offer for MNACT by Released Mapletree Commercial Trust (MCT) has plans to update its $3.1 billion offer to take over Mapletree North Asia Commercial Trust (MNACT), totaling $1.66 billion.
Transactions | Mar 21, 2022 CPPIB announces $170m Seoul-area data-center JV by Released Canada Pension Plan Investment Board (CPP Investments) and Pacific Asset Management Company (Pacific) announced a KRW200 billion (C$214.3 million/$170 million) joint venture to develop the largest carrier-neutral hyperscale data center, Jukjeon Data Centre, in South Korea.
Fundraising | Mar 21, 2022 Schroders seeks $1.3b for real estate debt platform by Kali Persall Schroders Capital is seeking to raise £1 billion ($1.3 billion) for its real estate debt platform in 2022.
Rising to the challenge: Commercial real estate experts weigh in on where the industry is headed by Loretta Clodfelter In 2022, the global economy is facing many challenges and threats: the continuing global health crisis, interrupted supply chains, rising inflation, and armed conflict in Eastern Europe.
Taking the pulse: Safety and wellness practices amid COVID-19 variants by Giovanni Cordoves Throughout the pandemic, the office sector has become increasingly adept at quickly finding new ways (in addition to reinforcing existing protocols) to maintain people’s safety and wellness in the workplace.
Evaluating investment exposure to Russia by Kali Persall Following Russia’s invasion of Ukraine, institutional investors have been called to re-evaluate their exposure to Russian assets. Some of the largest U.S. pension funds have pulled the plug on their Russian holdings, but the act of making these liquidations poses challenges.
The jury is out: The full impact of flexible working on long-term investment allocations to offices is hard to assess by Marek Handzel The full impact of flexible working on long-term investment allocations to offices is hard to assess, says INREV's Iryna Pylypchuk.
