Transactions | Oct 26, 2021 Blue Heron fund sells $122m Raleigh-Durham apartments by Released Blue Heron Real Estate Opportunity Fund III, a fund managed by Blue Heron Asset Management, has closed on the sale of the Indigo Apartments.
Transactions | Oct 26, 2021 Equus Capital Partners and USAA Real Estate announce high-rise luxury apartment project by Released Equus Capital Partners and USAA Real Estate have closed on a joint venture and first round of financing.
Fundraising | Oct 26, 2021 Hillpointe closes workforce housing fund at $190m hard cap by Kali Persall Hillpointe has closed its Hillpointe Workforce Housing Partnership III.
Investors | Oct 26, 2021 Australia’s Future Fund nears $150b, logs positive returns for property by Kali Persall Australia’s sovereign wealth fund, Future Fund, has grown to A$199 billion ($148 billion) on the heels of high returns during the 2020–2021 fiscal year.
Transactions | Oct 26, 2021 CTP enters German logistics real estate market by Released CTP N.V. has plans to enter the logistics real estate market in Germany.
Transactions | Oct 26, 2021 Union Investment enters Asian logistics real estate market by Released Union Investment Real Estate is acquiring West Anseong Logistics Center in South Korea.
Transactions | Oct 26, 2021 Tikehau Capital to acquire Pall Mall building in London in partnership by Released Tikehau Capital In a joint venture with Best Star Real Estate Fedaia (BSREF), a partnership between Best Star Real Estate and Fedaia Partners, has acquired the leasehold interest at 83–85 Pall Mall in London.
Transactions | Oct 26, 2021 KBS sells office asset in Houston by Released KBS has sold Ten West Corporate Center.
Transactions | Oct 26, 2021 Blackstone to acquire stake in Dexus trust for $2.6b by Andrea Zander Blackstone has made an offer for a 49 percent stake in the A$3.5 billion ($2.6 billion) Dexus-managed Australian Logistics Trust (DALT).
People | Oct 26, 2021 Karen Mahrous joins Clarion Partners as senior vice president, head of ESG by Released Karen Mahrous has joined Clarion Partners as a senior vice president and head of ESG.
Transactions | Oct 26, 2021 CIM Group enters U.K. real estate market by Released CIM Group has acquired Cathedral Square.
People | Oct 26, 2021 Heimstaden appoints new co-COO by Released Eddo Rats, who serves as country manager in the Netherlands for Heimstaden, has been appointed co-COO of the firm.
Investors | Oct 26, 2021 California pension fund backs Invesco Real Estate U.S. Fund VI by Kali Persall The Contra Costa County (Calif.) Employees' Retirement Association (CCCERA) has committed $100 million to Invesco Real Estate U.S. Fund VI, a vehicle managed by Dallas-based Invesco Real Estate.
People | Oct 26, 2021 Starwood Capital Group names MD, head of real estate for Europe by Released Starwood Capital Group has hired David Matheson as a managing director and head of real estate for Europe.
Transactions | Oct 26, 2021 JLL secures $450m refinancing for Hyatt Regency Waikiki Beach Resort & Spa by Released JLL's Hotels & Hospitality Group has arranged a $450 million refinancing for the Hyatt Regency Waikiki Beach Resort & Spa.
Research | Oct 26, 2021 NCREIF Property Index achieves highest returns since 2005 by Kali Persall The NCREIF Property Index (NPI) has recorded a total return of 5.23 percent for third quarter 2021.
Transactions | Oct 26, 2021 Evergreen Medical Properties and Bain Capital Real Estate acquire medical office portfolio by Released Evergreen Medical Properties and Bain Capital Real Estate have acquired a medical office building portfolio.
Transactions | Oct 25, 2021 One of largest active master-planned community purchases takes place in Arizona by Kali Persall A joint venture of Värde Partners, Toll Brothers and Harvard Investments has partnered to acquire the 20,000-acre, mixed-use Estrella property, in one of the largest active master-planned community purchases in Arizona.
Fundraising | Oct 25, 2021 Boscalt and Edmond de Rothschild launch European hotel fund by Kali Persall Investment firm Boscalt and Edmond de Rothschild Asset Management have launched a new fund focused on the European hotel sector
People | Oct 25, 2021 Hines appoints Jon Tanaka senior managing director in Japan by Kali Persall Jon Tanaka has joined Hines in Japan as senior managing director.