Research | Feb 5, 2021 Green Street’s 2021 sector outlooks identify opportunity amid continued uncertainty by Released Green Street has released an expanded series of reports detailing the impact of COVID-19 on 12 core and niche property sectors in the United States and Europe.
Transactions | Feb 5, 2021 Goodman buys half of Kowloon East industrial building for $74m by Andrea Zander Industrial developer Goodman as purchased the ground through the fourth floors of the Seapower Industrial Centre at 177 Hoi Bun Road in Kowloon East’s Kwun Tong district.
Research | Feb 4, 2021 Non-traditional investors eye hotel assets, driving optimism for 2021 by Released Uncertainty and caution plagued hotel investor interest in 2020 due to the COVID-19 pandemic, however, the global lodging industry is poised to rebound in 2021.
Transactions | Feb 4, 2021 Clarion Partners JV to build 1msf logistics park in California by Released Seefried Industrial Properties, in a joint venture with Clarion Partners, is set to develop Tracy Logistics Park.
Investors | Feb 4, 2021 Montgomery Street Partners launches $1b ground-lease REIT by Released Montgomery Street Partners has formed a new venture with a U.S.-based Fortune 500 global insurance company to invest in ground leases.
Transactions | Feb 4, 2021 Hines secures first B2R residential project in France by Released Hines has acquired a 30,000-square-meter (322,917-square-foot) portfolio of eight prime sites in France.
Transactions | Feb 4, 2021 Nuveen Real Estate opens Florentia Village Chongqing by Released Nuveen Real Estate has officially opened Florentia Village Designer Outlet Mall in Chongqing, China.
Research | Feb 4, 2021 Investment activity recovers, office stabilizes in Asia Pacific region by Released Office demand in Asia Pacific continued to improve on a quarter-over-quarter (q-o-q) basis in the fourth quarter 2020, but net absorption remained subdued at 8.8 million square feet.
People | Feb 4, 2021 OP&F executive director to retire in July by Kali Persall John Gallagher, executive director of the $17 billion Ohio Police & Fire Pension Fund (OP&F), has announced his impending retirement, which will take effect on July 1, 2021.
Investors | Feb 4, 2021 Abu Dhabi Pension Fund and ADNOC form real estate partnership by Kali Persall The Abu Dhabi Pension Fund (ADPF) has forged its third successive energy infrastructure and real estate partnership with Abu Dhabi National Oil Company (ADNOC).
Transactions | Feb 4, 2021 Charter Hall to develop Brisbane riverfront site by Andrea Zander Charter Hall Group has partnered with global real estate investor QuadReal, to acquire one of the largest remaining Brisbane CBD development sites, located within the heart of the North Quay renewal precinct.
Transactions | Feb 4, 2021 Cromwell and York Capital Management complete sale of CNDP portfolio by Released Cromwell Property Group (Cromwell) and York Capital Management have sold the final asset from the Cromwell Netherlands Diversified Partnership.
Transactions | Feb 4, 2021 PGIM Real Estate invests in APAC proptech firm by Released PGIM Real Estate has acquired a strategic equity stake in Taronga Ventures.
Transactions | Feb 4, 2021 Tishman Speyer enters Austin market by Released Tishman Speyer has acquired The Foundry.
Research | Feb 4, 2021 2021 will see increased volumes of global capital investing in Europe by Released Despite the imposition of further travel restrictions in the first quarter 2021, increased allocations to real estate in order to capitalize upon appealing yield spreads over sovereign bonds, as well as a growing trend for partnerships between non-European capital and European-based investment managers, are both likely to positively impact cross-border investment into Europe in 2021.
Transactions | Feb 4, 2021 M7 Real Estate sells logistics property near Hamburg by Released M7 Real Estate (M7), on behalf of the M7 EREIP IV fund, has sold a logistics property in Neu Wulmstorf, near Hamburg, Germany.
Transactions | Feb 4, 2021 Real I.S. to acquire 134 units in Marina Village residential complex in Ireland by Released Real I.S. has acquired two blocks of the multifamily Marina Village complex in Greystones, Ireland, for its real estate special AIF BGV VII Europa.
Fundraising | Feb 4, 2021 CrossHarbor Capital Partners launches 10th fund, makes new hire by Andrea Zander Boston-based investment manager CrossHarbor Capital Partners has launched its 10th opportunity fund, CrossHarbor Institutional Partners 2021 (CIP 2021). In separate news, the firm has hired Brian Delgado as managing director to lead the firm’s international capital-raising initiatives.
Research | Feb 3, 2021 Rents for industrial real estate increased by nearly 3% worldwide by Andrea Zander Despite the pandemic, rents for industrial real estate increased by nearly 3 percent worldwide in 2020.