Transactions | Jul 6, 2021 Schroder European Operating Hotel Fund I makes first acquisition by Released Único Hotels and Schroders Capital Real Estate Hotels have signed an agreement for the sale of the Grand Hotel Central, totaling 146 rooms in Barcelona’s old town for €93 million ($110 million).
Transactions | Jul 6, 2021 Ivanhoé Cambridge and Lighthouse Canton invest in life sciences portfolio in India by Andrea Zander Ivanhoé Cambridge announced its investment in an 850,000-square-foot life sciences portfolio in India.
Research | Jul 6, 2021 Asia Pacific hotel transactions total $3.7b in H1 2021 by Andrea Zander Asia Pacific hotel investment remained flat in the first half of 2021 with $3.7 billion in sales, a decline of 3.7 percent year-on-year.
Transactions | Jul 6, 2021 AXA IM Alts acquires a strategic stake in world-leading Moorebank Logistics Precinct in Sydney by Released AXA IM Alts has partnered with Australian Super, Ivanhoé Cambridge and TCorp (NSW Treasury Corporation), together with logistics developer and investor Logos, to acquire a direct investment in the world’s first automated logistics facility.
Transactions | Jul 6, 2021 Logicenters enters Polish market with acquisition by Released Logicenters is now expanding its presence outside the Nordic region with its first venture in Poland.
Transactions | Jul 6, 2021 AEW acquires airside logistics asset at Copenhagen airport for German pension fund by Released AEW has acquired the Copenhagen Cargo Centre.
Transactions | Jul 6, 2021 Castellum acquires Kielo for €640m by Andrea Zander Castellum has acquired the real estate company Kielo.
Transactions | Jul 6, 2021 LeadCrest Capital Partners makes €70m investment in food supermarket portfolio in France by Released LeadCrest Capital Partners announced the acquisition of a €70 million ($83 million) portfolio of six food supermarkets and the forward purchase of a seventh asset.
Research | Jul 5, 2021 Single-tenant net-lease cap rates rise due to high concentration of lower-quality assets by Released In the second quarter, cap rates in the single-tenant net-lease sector rose slightly after hitting historic low levels in the previous quarter.
Research | Jul 5, 2021 Q&A: Robust office fundamentals drive positive lending outlook by Loretta Clodfelter The office sector is positioned to perform well in the second half of the year, as employees’ “fear of missing out” drives a return to the office.
Research | Jul 5, 2021 U.S. hotel profit improved to 70% of 2019 level, labor spending flat by Released Gross operating profit for U.S. hotels reached 70 percent of the comparable 2019 level.
Research | Jul 5, 2021 CMBS delinquency rate surges for third month by Released Trepp’s CMBS Delinquency Rate in June was 10.32 percent, a jump of 317 basis points over the May number.
Research | Jul 5, 2021 AHLA report indicates 21 of top 25 U.S. hotel markets in depression or recession by Andrea Zander Despite an uptick in leisure travel, a new report released by the American Hotel & Lodging Association (AHLA) shows the road to recovery for the hotel industry is long.
Research | Jul 5, 2021 Multifamily rents rebound in May 2021 by Released Record-setting month-over-month rent increases for apartments in some U.S. markets seem likely to continue until fall.
Fundraising amid the pandemic poses challenges and opportunities by Loretta Clodfelter Amid the COVID-19 pandemic, with its lockdowns and travel restrictions, the role of an experienced placement agent became even more important, especially for those navigating the fundraising waters for the first time.
Five real estate investment opportunities to watch in the next 12 months by Kelly Whitman As the vaccine rollout takes effect, the U.S. economy is set to benefit from several tailwinds through the second half of the year, including the prospect of a full reopening, a boost to spending from accumulated savings and further fiscal stimulus.
Young professionals are moving to where the action is by Mike Consol Increasingly, it seems, rather than strictly relocating to cities with strong employment opportunities, young professionals are choosing markets based on cultural and quality-of-life issues, and then seeking employment — and employers are following the migrations.
What’s so special about special purpose acquisition companies, or SPACs? by Loretta Clodfelter The SPAC offers an alternative to the traditional initial public offering process. First, the entity, which operates as an empty shell, raises a pot of capital by selling public shares to investors.
Research | Jul 2, 2021 U.S. REITs rise 2.6% in June by Loretta Clodfelter The FTSE Nareit All Equity REITs Index increased 2.77 percent in June, led by strong performances by self-storage REITs (up 7.99 percent), data center REITs (up 5.72 percent) and infrastructure REITs (up 5.38 percent).
Research | Jul 2, 2021 U.S. adds 850,000 jobs in June, exceeding consensus expectations by Loretta Clodfelter The U.S. economy added 850,000 jobs in June, according to the Bureau of Labor Statistics.