Transactions | Apr 12, 2022 Inovalis REIT completes its first acquisition in Spain by Andrea Zander Inovalis REIT has entered the Spanish real estate market.
Transactions | Apr 12, 2022 Starwood pays $345m for affordable housing portfolio by Andrea Zander ReNUE Properties has sold its affordable housing portfolio to Starwood Real Estate Income Trust for $345 million.
Investors | Apr 12, 2022 Brookfield invests $15m in PassiveLogic by Released PassiveLogic, an autonomous building platform, has secured $15 million from Brookfield Growth, the growth technology investment arm of Brookfield.
Investors | Apr 12, 2022 Ascott targets 150 lyf coliving properties by 2030 by Released CapitaLand Investment Limited’s (CLI) wholly owned lodging business unit, The Ascott Limited, has set a target to sign 150 properties with more than 30,000 units under its lyf coliving brand by 2030.
Investors | Apr 12, 2022 Convene announces strategic investment led by HBC and Ares Management by Released Convene, a hybrid meeting, event and workspace provider, has completed its recapitalization plan, led by HBC, a holding company at the intersection of real estate, technology and retail, and a fund managed by Ares Management Corp.
Transactions | Apr 12, 2022 LaSalle completes acquisition of senior living assets in Paris by Released LaSalle Investment Management has completed the acquisition of two fully pre-let senior living properties.
Transactions | Apr 12, 2022 Frogmore and C1 Capital pay €156m for Hilton London Olympia by Released Frogmore and C1 Capital have bought the Hilton London Olympia for £130 million (€156 million/$170 million).
Transactions | Apr 12, 2022 UBS REPM funds mixed-use tower in Central London by Released UBS Asset Management (UBS-AM) Real Estate & Private Markets (REPM) has plans to provide equity funding for the development of 39 East Road, a new hotel and office asset in Central London.
Research | Apr 12, 2022 All-Property capital value growth of 3.9 percent in Q1 2022 by Released Capital values increased 2 percent across all U.K. Commercial property in March 2022, according to the latest CBRE Monthly Index.
Transactions | Apr 12, 2022 DWS acquires three residential blocks within Royal Albert Wharf, East London by Released DWS has exchanged contracts to acquire three residential properties within the development known as Royal Albert Wharf in East London.
Investors | Apr 11, 2022 Principal, CalSTRS expand relationship with new real estate operating company mandate by Andrea Zander Principal Real Estate Investors, the real estate investment team for Principal Global Investors®, has been selected by the California State Teachers’ Retirement System (CalSTRS) as an advisor on real estate operating company (REOC) investments.
Transactions | Apr 11, 2022 The Siegel Group completes sale of four extended-stay properties for $184m by Released The Siegel Group has sold four extended-stay properties in an off-market transaction for $184.5 million.
Transactions | Apr 11, 2022 KKR-Mirastar Real Estate Platform acquires U.K. logistics portfolio from TPG, Stoford by Released Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, has acquired four U.K. logistics assets, located in Harlow, for £160 million (€192 million/$208 million) from TPG, a leading global alternative asset management firm, and Stoford.
Fundraising | Apr 11, 2022 Catella European Residential III Fund adds €280m by Kali Persall The Catella European Residential III Fund (CER III), managed by Berlin-based Catella Residential Investment Management (CRIM), has secured €280 million ($305 million) from seven German and Dutch institutional investors.
Investors | Apr 11, 2022 Indiana Public Retirement System slates $100m for Asana Partners, TA Realty funds by Kali Persall The Indiana Public Retirement System (INPRS) has committed $50 million each to the Asana Partners Fund III and TA Realty Core Property Fund.
Transactions | Apr 11, 2022 Barings acquires cold-storage logistics center in Germany by Released Barings has acquired a cold-storage logistics center near Berlin on behalf of value-add strategy real estate fund BREEVA II from the BEOS Corporate Real Estate Fund Germany IV.
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.
