Research | Jun 25, 2021 Newmark releases index comparing CRE opportunities and challenges across 22 U.S. markets by Andrea Zander Office markets across the country were challenged as a result of the increase in remote work during the pandemic and the uncertain timeline for some tenants' return to the office.
Transactions | Jun 25, 2021 Kennedy Wilson acquires suburban London office campus for $66m by Released Kennedy Wilson and its equity partner have closed the acquisition of The Capitol Building.
Investors | Jun 25, 2021 Macomb County designates $12m for Centerbridge Partners Real Estate Fund II by Kali Persall The Macomb County (Mich.) Retirement System has committed $12 million to a fund managed by Centerbridge Partners.
Transactions | Jun 25, 2021 Griffin-American Healthcare REITs to merge, creating $4.2b entity by Released Griffin-American Healthcare REIT IV (GAHR IV) has plans to merge with Griffin-American Healthcare REIT III (GAHR III).
Transactions | Jun 24, 2021 Medical Properties Trust pays $900m for hospital portfolio by Andrea Zander Medical Properties Trust (MPT) has entered into definitive agreements to acquire for approximately $900 million five general acute-care hospitals.
Transactions | Jun 24, 2021 Nine-property hospitality portfolio sells for $225m by Andrea Zander Lockwood Development Partners has plans to acquire nine hospitality properties across eight states, amassing 1.55 million square feet with a total value of approximately $225 million.
Investors | Jun 24, 2021 Korean Teachers Credit Union backs latest Harrison Street real estate fund by Kali Persall The Korean Teachers Credit Union has earmarked $100 million for a closed-end opportunistic fund managed by Harrison Street.
Transactions | Jun 24, 2021 Singapore investor acquires offices in San Diego and Florida for $246m by Andrea Zander The manager of Singapore-listed Prime U.S. REIT has entered into purchase agreements to acquire office towers located in San Diego and Florida for $245.5 million.
Transactions | Jun 24, 2021 Newmark secures $565m loan for 26-property, nine-state parking facility portfolio by Released Newmark, on behalf of InterPark Holdings, has announced the placement of a $565 million, five-year loan secured by a portfolio of 26 cross-collateralized parking facilities located in nine U.S. cities, including Chicago, Philadelphia, St. Louis and Boston.
People | Jun 24, 2021 M&G Real Estate strengthens Asia acquisitions team with two new appointments by Released M&G Real Estate has appointed Jan Low as head of acquisitions, Asia, and Jody Neale as associate director of acquisitions, Japan.
Investors | Jun 24, 2021 BentallGreenOak commits $475m for industrial logistics partnership by Andrea Zander BentallGreenOak (BGO) has committed $475 million of equity to a Xebec-sponsored venture, a Dallas-based fully integrated real estate development and investment management platform focused exclusively on the industrial and logistics real estate sector.
Investors | Jun 24, 2021 Missouri LAGERS announces $40m commitment to Portfolio Advisors Real Estate Fund VIII by Kali Persall The $9.76 billion Missouri Local Government Employees Retirement System (LAGERS) has made a $40 million commitment to a fund managed by Portfolio Advisors.
Transactions | Jun 24, 2021 M7 invests in Croatian logistics market by Released M7 Real Estate has acquired two modern urban logistics assets, both on Slavonska Avenue in Zagreb, Croatia, on behalf of M7 CEREF II.
Transactions | Jun 24, 2021 Deka Immobilien acquires London office property for €138m by Andrea Zander Evans Randall Investors has completed the off-market sale of Bureau.
Investors | Jun 24, 2021 Seattle City Employees’ re-ups in BSREP IV by Kali Persall The $3.7 billion Seattle City Employees’ Retirement System (SCERS) has committed $25 million to a fund managed by Brookfield Asset Management.
Transactions | Jun 24, 2021 Invesco Real Estate acquires 168 units in Greater Copenhagen by Released Invesco Real Estate has acquired the exclusive rights to a second new development of prime, class A residential private-rented sector (PRS) assets from real estate developer 1927 Estate.
Investors | Jun 24, 2021 Maryland State Retirement backs JPMorgan’s Sunbelt residential fund by Kali Persall The $83 billion Maryland State Retirement and Pension System (MSRA) has committed $100 million to JPMorgan Sunbelt Residential Development Fund.
People | Jun 24, 2021 Ariel Milo to join Northwind Group by Released Ariel Milo has joined Northwind Group as partner, head of capital markets.
People | Jun 24, 2021 Hines appoints Peter Epping as ESG global head by Andrea Zander Hines has appointed Peter Epping as global head of its new ESG strategy.
Transactions | Jun 24, 2021 Dream Industrial REIT acquires pan-European logistics portfolio for €882m by Andrea Zander Dream Industrial REIT, through its wholly owned subsidiary, Dream Industrial Europe Advisors Cooperative UA, has announced the acquisition of shares of a corporation that owns a portfolio of 31 institutional-quality logistics properties from Clarion Partners Europe.
