Transactions | May 13, 2021 Hines completes largest open-air shopping center sale by Andrea Zander HGR Liquidating Trust, a fund sponsored by Hines, has sold RIM, the most visited mixed-use, open-air shopping center in Texas.
Research | May 13, 2021 Office space in Bangkok continued to increase steadily by Andrea Zander At the end of first quarter 2021, the supply of office space in Bangkok continued to increase steadily to 9.098 million square meters (97.93 million square feet).
People | May 13, 2021 QuadReal names managing director, Americas by Released QuadReal Property Group has named Jameson Weber as managing director, international real estate, Americas.
People | May 13, 2021 Allianz Real Estate appoints head of acquisitions for Japan by Andrea Zander Allianz Real Estate has appointed of Daisuke Noguchi as head of acquisitions for Japan and Dean Kwon as head of finance for the APAC region.
Investors | May 13, 2021 Embassy Group invests in proptech fund by Andrea Zander Real estate developer Embassy Group has invested in proptech-focused venture capital firm Pi Labs.
Transactions | May 13, 2021 Hysan Development Co. JV pays $2.6b for site in Hong Kong’s Causeway Bay by Released Hysan Development Co., in partnership with Chinachem Group, has successfully tendered for the commercial site at Caroline Hill Road, Causeway Bay, Hong Kong.
Transactions | May 13, 2021 JR AMC buys $140m stake in N.Y. office building by Andrea Zander South Korea–based JR AMC Co. has signed a $140 million agreement to buy a 49.9 percent stake in a New York office building.
Transactions | May 13, 2021 United Properties and PCPP form $165m JV platform partnership by Andrea Zander United Properties has formed a $165 million joint venture with PPP for an 11-building industrial portfolio.
Research | May 13, 2021 NYC leads as market with the most hotel projects by Andrea Zander According to research published by Lodging Econometrics in its LE’s Construction Pipeline Trend Report for the United States, the total U.S. construction pipeline stands at 4,967 projects/622,218 rooms at the end of first quarter 2021.
Transactions | May 13, 2021 Blackstone Group, TruAmerica buy 5,800 apartments in San Diego by Andrea Zander Blackstone Group, in partnership with TruAmerica, plans to acquire 66 multifamily communities in San Diego County.
Research | May 13, 2021 U.S. office occupancy numbers to gradually improve by Andrea Zander As of April 2021, 26 percent of U.S. office workers were back at the office, according to Cushman & Wakefield.
Transactions | May 12, 2021 Macy’s to invest $235m in NYC Herald Square flagship store by Andrea Zander Macy’s has plans to reposition its flagship Herald Square store.
Research | May 12, 2021 U.S. inflation to head even higher over next couple of months by Andrea Zander Headline inflation jumped 0.8 percent month-on-month versus the 0.2 percent consensus.
Transactions | May 12, 2021 MGM Growth Properties pays $400m for property by Andrea Zander MGM Resorts International and MGM Growth Properties have entered into a definitive agreement.
Fundraising | May 12, 2021 Trius Lending Partners opens new evergreen lending fund by Kali Persall Trius Lending Partners, a mid-Atlantic leading private money and hard-money lender, has opened a new evergreen fund, Trius Lending Partners Fund I.
Transactions | May 12, 2021 LaSalle acquires logistics property for development in Madrid via Encore+ by Released LaSalle Investment Management has acquired the Villaverde Logistics Portfolio.
Transactions | May 12, 2021 PGIM Real Estate sells Jung-An Building in Seoul, South Korea by Andrea Zander PGIM Real Estate has sold Jung-An Building.
Transactions | May 12, 2021 LendInvest partners with Homes England by Released LendInvest has partnered with Homes England to finance the development of 400 affordably priced apartments in Ashford, Kent, England.
People | May 12, 2021 Octopus Real Estate adds senior fund manager to care home team by Released Octopus Real Estate, part of Octopus Group and a U.K. specialist real estate lender and investor, has appointed Michael Toft as senior fund manager in its care home fund management team.
Transactions | May 12, 2021 Arrow acquires industrial site in Germany by Released Arrow Capital Partners has acquired an industrial site in Riegel in the south of Germany.
