Research | Sep 8, 2021 Global DEI benchmark to launch backed by leading associations by Andrea Zander Seven leading industry associations have partnered together to create a global benchmark of diversity, equity and inclusion (DEI) metrics for the commercial real estate industry.
Transactions | Sep 8, 2021 ASB-Arcland JV acquires eight-building Mid-Atlantic self-storage portfolio by Released ASB Real Estate Investments (ASB) and Arcland Property Co. (Arcland) have closed a joint venture to acquire a 595,888-square-foot self-storage portfolio.
Fundraising | Sep 8, 2021 Nuveen completes first closing of third U.K. debt strategy by Kali Persall Nuveen Real Estate has completed the first close of its third U.K. debt strategy, securing £140 million ($193 million).
People | Sep 8, 2021 USGBC announces CEO transition, strategic review by Released The U.S. Green Building Council (USGBC) board of directors announced that Mahesh Ramanujam will be stepping down as president and CEO of USGBC, Green Business Certification Inc. (GBCI) and Arc Skoru, effective Nov. 1, 2021.
People | Sep 8, 2021 LaSalle appoints new head of value-add investments signaling expansion and growth of the platform by Released LaSalle Investment Management has appointed Blake Loveless as head of value-add investments, marking a significant milestone in the continued growth and expansion of its value-add business in Europe.
People | Sep 8, 2021 Boris van der Gijp named new director of real estate at Syntrus by Released Boris van der Gijp has been appointed as director of real estate at Syntrus Achmea Real Estate & Finance with immediate effect.
Fundraising | Sep 7, 2021 PGIM Real Estate closes European Value-Add Fund II at $1.1b by Kali Persall PGIM Real Estate has raised $1.1 billion in a final close of its European Value-Add Fund II (EVP II), including sidecar investments.
Fundraising | Sep 7, 2021 Nuveen adds $213m to Asia Pacific Cities strategy by Kali Persall Nuveen Real Estate has added $213.5 million from four Dutch and Swiss investors to its open-end Asia Pacific Cities strategy, bringing the platform to more than $900 million.
Transactions | Sep 7, 2021 EXCLUSIVE — LaSalle acquires class A retail, trophy office and land in Canada by Kali Persall LaSalle Investment Management has acquired a portfolio of properties in Montreal and Vancouver from Ivanhoé Cambridge.
Transactions | Sep 7, 2021 Keppel DC REIT acquires third data center in the Netherlands by Released Keppel DC REIT has acquired a 100 percent interest in a freehold property with two data center buildings in De Hurk, which is the largest business park in Eindhoven, the Netherlands.
Research | Sep 7, 2021 Job growth slows in August with gain of 235,000 payrolls by Loretta Clodfelter Total nonfarm payroll employment in the United States increased by 235,000 jobs in August.
People | Sep 7, 2021 Craig Maguire appointed head of pan-European logistics for BNP Paribas Real Estate by Released BNP Paribas Real Estate is strengthening its pan-European logistics team by appointing Craig Maguire as head of logistics and industrial.
Investors | Sep 7, 2021 Azora expands Spanish last-mile logistics platform to €250m by Released Azora has announced the expansion of its Spain-focused last-mile logistics strategy.
Transactions | Sep 7, 2021 Barings and LBS Properties project in London receives €127m loan by Released Cain International has agreed a £109 million (€127 million/$150 million) development loan with Barings and LBS Properties for the delivery of a 146,334-square-foot environmentally friendly office development at 135 Park St. in London’s Southbank.
Transactions | Sep 7, 2021 Ivanhoe Cambridge, Bouwinvest and Greystar invest in Paris co-living asset by Andrea Zander Ivanhoe Cambridge Holdings and Bouwinvest Real Estate Investors, alongside Greystar Real Estate Partners, have agreed to acquire a co-living asset in the western suburb of Paris.
Research | Sep 7, 2021 Savills IM report pinpoints new opportunities in European industrial and logistics sector by Andrea Zander So-called big-box mainstream logistics assets continue to display strong fundamentals.
Transactions | Sep 7, 2021 M&G invests $421m for stake in award-winning office building in Sydney's CBD by Andrea Zander M&G Real Estate has acquired 49.9 percent interest in a prime landmark office building in Sydney.
People | Sep 7, 2021 CBRE boosts Asia Pacific Hotels team with senior level hires by Released CBRE has announced two senior appointments to CBRE Hotels in Asia Pacific.
Transactions | Sep 7, 2021 Blackstone acquires real estate tech solutions company by Released The Duchossois Group has entered into a definitive agreement to sell Chamberlain Group.
Transactions | Sep 7, 2021 Panattoni enters the French market with new Paris office by Andrea Zander Panattoni is opening an office at Paris and has appointed Salvi Cals has managing director for the French market.