Research | Feb 4, 2021 Investment activity recovers, office stabilizes in Asia Pacific region by Released Office demand in Asia Pacific continued to improve on a quarter-over-quarter (q-o-q) basis in the fourth quarter 2020, but net absorption remained subdued at 8.8 million square feet.
People | Feb 4, 2021 OP&F executive director to retire in July by Kali Persall John Gallagher, executive director of the $17 billion Ohio Police & Fire Pension Fund (OP&F), has announced his impending retirement, which will take effect on July 1, 2021.
Investors | Feb 4, 2021 Abu Dhabi Pension Fund and ADNOC form real estate partnership by Kali Persall The Abu Dhabi Pension Fund (ADPF) has forged its third successive energy infrastructure and real estate partnership with Abu Dhabi National Oil Company (ADNOC).
Transactions | Feb 4, 2021 Charter Hall to develop Brisbane riverfront site by Andrea Zander Charter Hall Group has partnered with global real estate investor QuadReal, to acquire one of the largest remaining Brisbane CBD development sites, located within the heart of the North Quay renewal precinct.
Transactions | Feb 4, 2021 Cromwell and York Capital Management complete sale of CNDP portfolio by Released Cromwell Property Group (Cromwell) and York Capital Management have sold the final asset from the Cromwell Netherlands Diversified Partnership.
Transactions | Feb 4, 2021 PGIM Real Estate invests in APAC proptech firm by Released PGIM Real Estate has acquired a strategic equity stake in Taronga Ventures.
Transactions | Feb 4, 2021 Tishman Speyer enters Austin market by Released Tishman Speyer has acquired The Foundry.
Research | Feb 4, 2021 2021 will see increased volumes of global capital investing in Europe by Released Despite the imposition of further travel restrictions in the first quarter 2021, increased allocations to real estate in order to capitalize upon appealing yield spreads over sovereign bonds, as well as a growing trend for partnerships between non-European capital and European-based investment managers, are both likely to positively impact cross-border investment into Europe in 2021.
Transactions | Feb 4, 2021 M7 Real Estate sells logistics property near Hamburg by Released M7 Real Estate (M7), on behalf of the M7 EREIP IV fund, has sold a logistics property in Neu Wulmstorf, near Hamburg, Germany.
Transactions | Feb 4, 2021 Real I.S. to acquire 134 units in Marina Village residential complex in Ireland by Released Real I.S. has acquired two blocks of the multifamily Marina Village complex in Greystones, Ireland, for its real estate special AIF BGV VII Europa.
Fundraising | Feb 4, 2021 CrossHarbor Capital Partners launches 10th fund, makes new hire by Andrea Zander Boston-based investment manager CrossHarbor Capital Partners has launched its 10th opportunity fund, CrossHarbor Institutional Partners 2021 (CIP 2021). In separate news, the firm has hired Brian Delgado as managing director to lead the firm’s international capital-raising initiatives.
Research | Feb 3, 2021 Rents for industrial real estate increased by nearly 3% worldwide by Andrea Zander Despite the pandemic, rents for industrial real estate increased by nearly 3 percent worldwide in 2020.
Investors | Feb 3, 2021 Boom in enquiries for U.K. build-to-rent by Marek Handzel There has been a sharp rise in investigation into the U.K.’s build-to-rent residential market by institutional investors as they continue to hunt for defensive investments in the wake of the COVID-19 crisis.
Research | Feb 3, 2021 Investors target U.K. supermarket sector by Released Demand for U.K. supermarket property assets has boomed in the face of the soaring sales volumes experienced by U.K. grocery operators during the pandemic.
Research | Feb 3, 2021 Global risk survey: Concern over vaccine effectiveness by Andrea Zander Businesses remain concerned over global economic prospects, despite some improvement in sentiment over the past month, according to Oxford Economics.
Transactions | Feb 3, 2021 Capitaland and City Developments to develop project in Singapore by Andrea Zander Capitaland and City Developments (CDL), known as the two real estate giants in Singapore, have combined their forces to bring forth a real estate project in the heart of Singapore, Sengkang.
Transactions | Feb 3, 2021 BentallGreenOak buys Amazon-anchored Brooklyn industrial property by Andrea Zander A joint venture of Harbor Group International (HGI) and Turnbridge Equities have sold HGI’s interest in 2300 Linden Blvd. and 835 Essex Street, an industrial property located in Brooklyn, N.Y.
Transactions | Feb 3, 2021 Singapore fund acquires Portuguese Maxirent fund by Released London-based real estate investment and advisory firm Rivercrown has announced the disposal of its 99.9 percent holding in the Portuguese fund Maxirent.
Transactions | Feb 3, 2021 PATRIZIA buys large London residential development for €45m by Released PATRIZIA AG has completed the forward purchase of a 16-story, 102-unit build-to-rent residential tower development in west London.
Research | Feb 3, 2021 €52b of capital targeting London offices, China to be largest source of capital by Andrea Zander A projected £46 billion (€52.27 billion/$71 billion) of capital is targeting London’s office investment market in 2021.