Transactions | Jul 12, 2021 Wrenbridge and Morgan Stanley Real Estate Investing acquire five-acre site in England by Released Wrenbridge and a subsidiary of an affiliate advised by Morgan Stanley Real Estate Investing (MSREI) have acquired a prime, five-acre site in England.
Research | Jul 12, 2021 Edinburgh office take-up surges in Q2 as economy reopens by Released Office take-up in Edinburgh, Scotland.
SPONSORED: Making room for alternatives by Jennifer Babcock A sponsored report, “Real estate alternatives: Changing the role of real estate within an institutional portfolio,” by David Segall, director, strategic insights, Americas, and Melissa Reagen, managing director, portfolio management, alternatives, Americas, of Nuveen Real Estate, examines how investors who stick to the traditional four property types may miss the full benefits of a real estate allocation, including possibly higher risk-adjusted returns, better diversification and lower capital expenditures.
Investors | Jul 9, 2021 San Diego City Employees to pour $70m into noncore real estate strategies by Kali Persall The San Diego City Employees Retirement System (SDCERS) is planning to make $70 million of new noncore real estate commitments in fiscal year 2022, according to investment notes from a recent meeting.
Research | Jul 9, 2021 Significantly more German commercial real estate transactions on horizon in H2 2021 by Andrea Zander Approximately €22.9 billion ($27.2 billion) was invested in German commercial property during first half 2021, according to Savills.
People | Jul 9, 2021 German manager GPEP appoints new managing director by Kali Persall German asset and property manager GPEP has appointed Jörn Burghard as managing director.
Research | Jul 9, 2021 Why U.S. student housing continues to lead the way by James Hunt, Global Student Accommodation (GSA) Following the unprecedented events of the COVID-19 pandemic, things are finally starting to look more positive across the world. With the rollout of vaccinations and the corresponding easing of restrictions, economies are reopening and the encouraging bounce back in activity reflects a gradual return to normality.
Research | Jul 9, 2021 Effects of pandemic continue to affect U.S. senior housing occupancy by Released Senior housing occupancy remained flat in second quarter 2021, holding at 78.7 percent, according to new NIC MAP data, powered by NIC MAP Vision.
Investors | Jul 9, 2021 SVN | SFR Capital Management forms U.S. BFR JV with Walton Global Holdings by Released SVN | SFR Capital Management and Walton Global Holdings USA have formed a joint venture.
Transactions | Jul 9, 2021 Japanese investor forms JV to acquire two development sites in Texas by Released Velocis has closed on two development sites that will be developed into 850,000 square feet of class A industrial space in the South Dallas and GSW submarkets of the Dallas–Fort Worth metroplex.
Transactions | Jul 9, 2021 JV pays $114m for grocery-anchored retail portfolio in the Philadelphia MSA by Released Brandolini Cos. has sold a five-property grocery-anchored retail portfolio.
Investors | Jul 9, 2021 AXA IM’s Impact Investing strategy acquires ClimateSeed by Released AXA IM has acquired ClimateSeed, the voluntary carbon offsetting platform.
Investors | Jul 9, 2021 Oxford Properties Group, LCP form €1.2b U.K. logistics JV by Andrea Zander Oxford Properties Group and Logistics Capital Partners (LCP), a developer and asset manager of logistics real estate across Europe, have formed a new co-investment joint venture to acquire a 734-acre site near Birmingham, England, which they will develop into a major new logistics hub with associated rail freight terminal known as West Midlands Interchange.
Investors | Jul 9, 2021 IHP Capital Partners and Cachet Homes form JV for single-family homes in Arizona by Released IHP Capital Partners and Cachet Homes, an Arizona-based luxury home builder, have formed a joint venture to acquire a 66.7-acre parcel in North Phoenix for the development and construction of 162 single-family homes.
Transactions | Jul 9, 2021 TE Capital Partners acquires second portfolio of multifamily asset in Tokyo by Released TE Capital Partners, acting on behalf of its TE Japan Income Partners series, has completed a transaction to acquire a portfolio of multifamily residential assets in central Tokyo for approximately $60 million.
Investors | Jul 9, 2021 Lone Star Funds to invest in Asia under consolidated leadership structure by Andrea Zander Lone Star Funds has consolidated global leadership of its Commercial Real Estate and Opportunity Fund investment activities to include its Asia operations.
People | Jul 9, 2021 Industry veteran Michael McGowan joins CalSTRS by Jennifer Molloy Michael McGowan has joined the $306.7 billion California State Teachers’ Retirement System (CalSTRS) as an associate portfolio manager, real estate investments, on July 1, 2021.
Fundraising | Jul 8, 2021 CapitaLand launches second India logistics fund by Kali Persall Singapore-based CapitaLand has launched a new fund to bolster its foothold in India’s logistics sector, according to several media sources.
Investors | Jul 8, 2021 CPP Investments and Greystar Real Estate Partners form $1.2b U.S. life sciences development JV by Andrea Zander Canada Pension Plan Investment Board (CPP Investments) and Greystar Real Estate Partners have formed a new joint venture to pursue life science real estate development opportunities in target markets in the United States.
Fundraising | Jul 8, 2021 FCP Realty Fund V more than halfway to $1.18b fundraising target by Kali Persall A closed-end, value-add fund managed by Maryland-based FCP raised $645.9 million in capital commitments, against a fundraising target of $1.188 billion.
