Research | Feb 19, 2021 January rent data: Rents rising in homebuyer hotspots by Andrea Zander Across the largest cities in the country, apartment rents have been growing at a slower pace since the onset of the COVID-19 pandemic in early 2020.
Investors | Feb 19, 2021 Sweden’s AP4 ends 2020 with 9.6% return by Kali Persall Swedish pension fund AP4 has ended 2020 with a 9.6 percent return after costs.
Investors | Feb 19, 2021 Maryland State Retirement backs opportunistic Morgan Stanley fund by Kali Persall The $62.5 billion Maryland State Retirement and Pension System has committed $100 million to an opportunistic fund managed by Morgan Stanley.
Investors | Feb 19, 2021 Q&A: Top trends in U.S. office markets by Kali Persall Chuck Schreiber is the co-founder and CEO at KBS, a private equity real estate company and an SEC-registered investment adviser. In a Q&A with IREI, Schreiber discusses trends in the sector, how the pandemic has influenced those trends, and some of the long-term impacts of the pandemic on office assets.
People | Feb 19, 2021 Hong developer Chinese Estates names new CEO by Andrea Zander Chinese Estates Holdings has named Chan Hoi-wan (HW Chan) to CEO, replacing Chan Sze-wan (SW Chan), her elder sister.
Transactions | Feb 19, 2021 Mapletree to develop data center in Fanling, New Territories, Hong Kong by Andrea Zander Mapletree Investments has acquired a land parcel at Fanling Sheung Shui Town in New Territories, Hong Kong SAR.
Transactions | Feb 19, 2021 Peakside and Partners Group sell office property in Hamburg by Released A joint venture between investment manager Peakside Capital Advisors AG and Partners Group has sold the Spaldingstrasse 77–79 office and commercial property in Hamburg, Germany.
Transactions | Feb 19, 2021 H.I.G. Capital acquires residential assets in Lisbon by Released H.I.G. Capital has recently completed the acquisition through multiple transactions of three residential buildings located within central Lisbon.
Transactions | Feb 18, 2021 Supermarket Income REIT increases its stake in Sainsbury’s portfolio by Released Supermarket Income REIT Plc. has acquired a further stake in the beneficial interest in one of the United Kingdom’s largest portfolios of supermarket properties.
Transactions | Feb 18, 2021 Deka Immobilien invests in France by Released Deka Immobilien has acquired an office building in Paris.
Investors | Feb 18, 2021 The Firemen’s Annuity and Benefit Fund of Chicago seeks executive director by Kali Persall The Firemen’s Annuity and Benefit Fund of Chicago is seeking an executive director to lead the $1.14 billion fund.
Transactions | Feb 18, 2021 Round Hill Capital’s European multifamily fund acquires 1,000-unit German portfolio by Released Round Hill Capital’s European Residential Income Fund II (ERIF II) has completed a 1,000-unit multifamily housing portfolio transaction.
Investors | Feb 18, 2021 U.K. government unveils plan to transform Oxford-Cambridge Arc into the country’s fastest-growing economic region by Released U.K. Housing Minister Christopher Pincher announced plans to transform the Oxford-Cambridge Arc into one of the world’s premier growth corridors and a world leader in sustainability.
Transactions | Feb 18, 2021 Deka sells London office building to CBRE GI for €306m by Andrea Zander CBRE Global Investor (CBRE GI) has acquired an office building in London.
Fundraising | Feb 18, 2021 Lionstone U.S. Value-Add Five raises $745m, surpassing fundraising target by Kali Persall Lionstone U.S. Value-Add Five (LVA Five), a diversified value-add real estate investment vehicle managed by Lionstone Investments, has raised $745 million across a commingled fund and co-investment side car.
Investors | Feb 18, 2021 Ivanhoe Cambridge forms $500m JV with Embassy Group by Andrea Zander Ivanhoe Cambridge, a real estate subsidiary of Canada’s second-largest pension fund, and Embassy Group have formed a $500 million joint venture.
Transactions | Feb 18, 2021 Greystar Real Estate Partners pays €336m for five U.K. student accommodation assets by Andrea Zander KKR has sold five major student-housing developments across the United States to Greystar Real Estate Partners for £291 million (€336 million/$406 million).
Research | Feb 18, 2021 Japan: Exports improve as prospects for 2021 brighten by Released Export volumes improved notably in January, rising 8.4 percent year-over-year after 2.7 percent in December 2020, driven in large part by stronger shipments to China.
Research | Feb 18, 2021 European retail space 2020: Rising yields and fewer transactions by Released In a Europe-wide survey of transaction volumes, yields and rental prices of retail properties in 2020 in 31 locations.
Investors | Feb 18, 2021 Commodus to invest €400 million this year by Released Commodus, private equity investor with a focus on real estate, plans to allocate €400 million ($483 million) to the acquisition of office and mixed-use properties this year.