Transactions | Jan 7, 2022 Sainsbury’s to buy back eight more supermarket stores from REIT, pension JV by Kali Persall Sainsbury’s has exercised its second purchase option to acquire eight stores within its Sainsbury’s Reversion Portfolio.
Research | Jan 7, 2022 U.S. adds 199,000 jobs in December by Loretta Clodfelter In December, total nonfarm payroll employment increased by 199,000 jobs.
People | Jan 7, 2022 PSERS selects temporary leader by Andrea Zander The Pennsylvania Public School Employees’ Retirement System (PSERS) has unanimously voted to appoint Terrill (Terri) Sanchez as interim executive director.
Transactions | Jan 7, 2022 Wharton Industrial buys 101-acre parcel for $200m development by Released Wharton Industrial has acquired a 101-acre parcel of land in Mesa, Ariz.
Research | Jan 7, 2022 Senior housing occupancy increases for second consecutive quarter in fourth quarter 2021 by Released Senior housing occupancy increased for the second consecutive quarter.
Investors | Jan 6, 2022 Heitman forms JV with Sylvan Road by Andrea Zander Heitman has formed a joint venture with Sylvan Road Capital.
Transactions | Jan 6, 2022 Kennedy Wilson JV acquires 21-acre development site in Bend, Ore. by Released Kennedy Wilson has entered into a joint venture with Matt Day, owner of Bend, Ore.–based Hooker Creek Cos., to acquire and develop a vacant 21-acre site in the heart of Bend.
Transactions | Jan 6, 2022 LaSalle purchases pair of retail outlets for €717m by Andrea Zander LaSalle Investment Management has acquired Cheshire Oaks in the northeast United Kingdom, and the Swindon Designer Outlet in the southwest United Kingdom from Nuveen Real Estate.
Transactions | Jan 6, 2022 Ascentris, Sterling Bay form development JV for residential tower in Chicago by Andrea Zander Ascentris and Sterling Bay form joint venture to develop 160 N Morgan, a class A residential tower with ground-floor retail in Fulton Market.
People | Jan 6, 2022 JLL makes key appointment to strengthen logistics and industrial business in Singapore by Released JLL has appointed Pamela Siow as the head of logistics and industrial capital markets in Singapore, bolstering the team’s capabilities in one of Asia Pacific’s fastest-growing real estate sectors.
Investors | Jan 6, 2022 Korian and BAE Systems Pension Funds establish long-term real estate partnership by Kali Persall Korian, a European care services group for seniors, has signed a long-term investment partnership with funds from BAE Systems Pension Funds.
Transactions | Jan 6, 2022 The Birch Group buys $212m two-building portfolio, Long Island’s largest office deal in past decade by Andrea Zander The Birch Group, a privately held commercial real estate investor, owner and operator, has announced the $212 million acquisition of a preeminent two-building office portfolio in Jericho, N.Y., from DRA Advisors and Onyx Equities.
Research | Jan 6, 2022 U.K. build-to-rent investment hits record high in 2021 by Released The U.K. build-to-rent residential sector recorded a total of £2.1 billion (€2.5 billion/$2.8 billion) of investment in fourth quarter 2021, taking the full-year total to a record high of £4.1 billion (€4.9 billion/$5.5 billion).
Transactions | Jan 6, 2022 Barings invests in French logistics property by Released Barings has agreed the speculative forward funding of a 50,409-square-meter (542,598-square-foot) class A logistics property in Beziers, France.
Fundraising | Jan 6, 2022 Artemis Income & Growth holds $800m final close by Kali Persall Artemis Real Estate Partners has completed fundraising of its first commingled core-plus fund.
Research | Jan 6, 2022 Multifamily fundamentals reflect supply-demand imbalance by Loretta Clodfelter The lack of housing across the country will continue to support the apartment market in the year ahead, according to Eddie Lorin, founder of Alliant Strategic Development.
People | Jan 6, 2022 KC Kriegel moves up to managing director at PCCP by Kali Persall KC Kriegel has been promoted to managing director at Pacific Coast Capital Partners, according to her LinkedIn page.
Despite obstacles, multifamily development market on the mend by Kali Persall The multifamily development market continued to face a number of hurdles in 2021, after weathering the unprecedented COVID-19 pandemic the year prior. Moving into 2022, a number of issues, such as rising costs of labor, construction materials and supply chain issues continue to challenge the market, but experts remain optimistic.
People | Jan 5, 2022 Kevin Lindahl becomes leader of Fire & Police Pension Association of Colorado by Kali Persall The Fire & Police Pension Association of Colorado (FPPA) has appointed Kevin Lindahl as executive director, following a nationwide search.
People | Jan 5, 2022 Iowa Public Employees’ Retirement System appoints new CIO by Kali Persall The Iowa Public Employees’ Retirement System (IPERS) has appointed Sriram Lakshminarayanan as its new CIO, effective Jan. 7.
