Research | Aug 9, 2021 Australia hotel occupancy on a steep decline amid latest COVID-19 lockdowns by Andrea Zander After being one of the highest-performing countries during the early portion of 2021, Australia’s hotel occupancy has been on a rapid decline amid the latest COVID-19 lockdowns across the country, according to data from STR through August 1.
Investors | Aug 9, 2021 NYSTRS seeks bids for real estate consultant by Kali Persall New York State Teachers’ Retirement System (NYSTRS) is seeking nondiscretionary supplemental real estate consulting services from a registered investment adviser.
Fundraising | Aug 9, 2021 BlackRock raises €609m for vintage European fund by Kali Persall BlackRock Real Assets has raised €609 million ($716 million) for its first vintage European fund, BlackRock European Real Estate Debt Fund (ERED).
Fundraising | Aug 9, 2021 Covenant Capital Group closes latest apartment fund at $600m by Kali Persall Covenant Capital Group has closed its largest fund to date.
Transactions | Aug 9, 2021 Blackstone Real Estate Income Trust to acquire WPT Industrial REIT in $3.1b deal by Andrea Zander Blackstone Real Estate Income Trust (BREIT) will acquire all of the outstanding units of WPT Industrial Real Estate Investment Trust (WPT) in an all-cash transaction valued at $3.1 billion.
Transactions | Aug 9, 2021 Nuveen Real Estate launches U.S. Cities Office Fund, buys healthcare and life sciences portfolio for $620m by Andrea Zander Nuveen Real Estate has recently closed on the acquisition of a 29-building national healthcare and life sciences portfolio.
Investors | Aug 9, 2021 TPG Real Estate Partners and Gatehouse Bank launch U.K. single-family BTR JV by Andrea Zander TPG Real Estate Partners and Gatehouse Bank have launched a new joint venture that will deliver high-quality, new-build single-family homes for private rental across the United Kingdom.
Transactions | Aug 9, 2021 Deka Immobilien invests in Warsaw for €152m by Released Deka Immobilien has acquired an office complex in Warsaw for €152 million ($179 million).
Transactions | Aug 9, 2021 CK Asset to convert some hotels into residential units by Andrea Zander Hong Kong–based CK Asset Holdings has plans to convert some of its hotels for residential use.
Research | Aug 6, 2021 Back-to-school season could boost property fundamentals by Andrea Zander Campus reopenings and the return of in-person learning has the potential to lift property demand across an array of commercial real estate sectors, reported Marcus & Millichap
Transactions | Aug 6, 2021 Oppidan and Harrison Street break ground on senior living community in Oceanside, Calif. by Released Oppidan, a property development firm, and Harrison Street have plans to develop The Hacienda Mission San Luis Rey.
Investors | Aug 6, 2021 Penn PSERS expects 25% net return on investments by Kali Persall The Pennsylvania Public School Employees’ Retirement System (PSERS) is estimated to have a preliminary net investment return of more than 25 percent for the 2020-21 fiscal year.
Research | Aug 6, 2021 CBRE: Multifamily demand soars in Q2 by Andrea Zander The multifamily market gained considerable strength in the second quarter with near-record quarterly absorption of 179,400 units.
Research | Aug 6, 2021 U.K.’s South East heats up as office investment hits €1.76b in strongest quarter since 2013 by Released The commercial office investment market in the South East of England has seen one of its busiest first halves of the year ever, according to Knight Frank.
Transactions | Aug 6, 2021 GLP JV breaks ground on logistic development in Vietnam by Released SEA Logistic Partners has broken ground on SLP Park Hai Phong.
