Transactions | Jul 6, 2021 MG Properties Group to expand Inland Empire multifamily presence with $137m purchase by Released MG Properties Group announced the acquisition of Victoria Arbors Apartment Homes for $137.6 million from Sares Regis Group.
Transactions | Jul 6, 2021 ESR upsizes Japan Logistics Fund III to $1.4b by Andrea Zander ESR Cayman Limited announced a JPY 75 billion ($675 million) expansion of ESR Japan Logistics Fund III (RJLF3), a development joint venture established with Dutch pension fund APG and a global institutional investor.
Transactions | Jul 6, 2021 Lendlease announces NPS as new owner of Melbourne Quarter’s final office tower by Andrea Zander Lendlease has announced the acquisition by National Pension Service of Korea of a 100 percent interest in Melbourne Quarter Tower.
Investors | Jul 6, 2021 AustralianSuper records strong returns in the wake of pandemic by Kali Persall AustralianSuper, Australia’s biggest pension fund, has logged a record return of 20.43 percent in the 12 months ending June 30, according to Bloomberg.
Transactions | Jul 6, 2021 Kennedy Wilson enters Bozeman, Mont., multifamily market by Released Kennedy Wilson has plans to expand its presence in the Mountain States.
Fundraising | Jul 6, 2021 Henderson Park launches second European real estate fund by Kali Persall U.K.-based Henderson Park has launched a new fund, according to a registration form filed with the SEC in June.
Transactions | Jul 6, 2021 Tishman Speyer to develop $1.25b campus by Released Tishman Speyer has closed a transaction with Chinese technology company ByteDance to sell and lease a combined 2.55 million square feet of office and retail space at The Springs in Shanghai.
Transactions | Jul 6, 2021 AXA IM Alts disposes landmark office development in Paris by Released AXA IM Alts has completed the sale of the 26,000-square-meter (279,860-square-foot) Keiko tower office development in the Paris area.
Research | Jul 6, 2021 Hot housing market will not cool down overnight by Andrea Zander The U.S. single-family housing market is a seller’s market currently, with prices in May 2021 up 15 percent year-over-year versus May 2021, based on the Amherst Home Price Index.
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.