Investors | Mar 11, 2021 Moorfield Group and We Are Kin launch €58m JV to invest in student houses by Andrea Zander Moorfield Group and We Are Kin have formed a partnership to build a £50 million (€58 million/$70 million) portfolio of professionally managed student houses across the United Kingdom.
Research | Mar 10, 2021 Global e-commerce to increase 150 bps/year over next five years by Released The structural growth rate of demand for warehouses has risen. Consumption has grown as a share of logistics demand, while production- and trade-oriented uses have decreased.
Investors | Mar 10, 2021 Orange County Employees commits $75m to Oaktree Capital fund by Kali Persall The $19.3 billion Orange County Employees Retirement System (OCERS) has approved a $75 million commitment to a fund managed by Oaktree Capital Management.
Investors | Mar 10, 2021 Ohio SERS backs open-end Carlyle Property Investors by Kali Persall The School Employees Retirement System (SERS) of Ohio has committed $100 million to the open-end, core-plus fund Carlyle Property Investors.
Investors | Mar 10, 2021 MassPRIM approves $150m commitment to debt fund by Kali Persall Massachusetts Pension Reserves Investment Management Board (MassPRIM) approved a commitment of up to $150 million to a real estate debt fund managed by Berkshire Group.
Transactions | Mar 10, 2021 Eagle Hospitality Trust receives $470m bid for U.S. hotels by Andrea Zander Eagle Hospitality Trust announced that a distressed-debt specialist, Monarch Alternative Capital, has entered into a preliminary “stalking horse” agreement.
Fundraising | Mar 10, 2021 CapMan Real Estate closes largest fund in operating history by Kali Persall CapMan Nordic Real Estate III fund, (CMNRE III) CapMan Real Estate’s largest fund in operating history, has exceeded its fundraising target.
Transactions | Mar 10, 2021 Hyperscale connectivity drives $3b in data center projects by Equinix and JV Partners by Released Equinix has provided details on its $3 billion xScale data center program.
Investors | Mar 10, 2021 Patron Capital and Curation Capital launch PBSA JV by Andrea Zander Patron Capital has launched a new joint venture with Curation Capital.
Research | Mar 10, 2021 Second straight double-digit gain in REIT earnings in Q4 2020 reflects REIT recove by Released A recovery in REIT earnings is well under way after the sharp decline that occurred during the shutdowns at the beginning of the pandemic.
Transactions | Mar 10, 2021 Crocker Partners acquires three offices for $220m by Andrea Zander Franklin Street Properties Corp.’s wholly owned subsidiaries has agreed to sell two office buildings in Dunwoody, Ga., and another one in Atlanta to an affiliate of Crocker Partners for $219.5 million.
People | Mar 9, 2021 Chase McWhorter named managing director, Americas at IREI by Andrea Zander Institutional Real Estate, Inc. is pleased to announce that Chase McWhorter, managing director of the firm’s Infrastructure publication and VIP program platform, has been appointed to the recently vacated position of managing director for IREI’s original flagship publication, Institutional Real Estate Americas.
Research | Mar 9, 2021 COVID-19 slows 2020 inbound capital to seven-year low by Released The COVID-19 pandemic, and restrictions implemented to slow the spread of the disease, took a heavy toll on global investment in 2020.
Transactions | Mar 9, 2021 Landmark, AECOM-Canyon to develop student housing tower in Atlanta by Released Landmark Properties and AECOM-Canyon Partners have partnered to co-develop The Metropolitan at Atlanta.
People | Mar 9, 2021 Oklahoma Teachers executive director announces retirement by Kali Persall After leading the Oklahoma Teachers’ Retirement System (TRS) since 2014, executive director Thomas Spencer is stepping down from his role on July 1.
Research | Mar 9, 2021 Record 5.8msf of industrial space completed in Tampa Bay in 2020 by Andrea Zander A record of 5.8 million square feet was delivered in 2020 for the Tampa Bay industrial sector, according to Colliers International in its fourth quarter report.
Research | Mar 9, 2021 Multifamily absorption surprisingly strong in 2020 by Released Despite a disruptive pandemic, investor demand for multifamily real estate was strong in 2020, according to a newly released Yardi Matrix Bulletin.
Fundraising | Mar 9, 2021 BNP Paribas REIM raises €340m for European healthcare assets by Kali Persall BNP Paribas REIM has collected €340 million ($403 million) from French, German and Italian pension funds and insurance companies for its Healthcare Property Fund Europe (HPF).
Transactions | Mar 9, 2021 Exeter Property Group acquires Royal Mail distribution center for €37m by Andrea Zander BMO Real Estate Partners (BMO REP) has completed the sale of a 227,000-square-foot industrial asset in Bristol, England, for €36.6 million ($43.5 million) to Exeter Property Group.
People | Mar 9, 2021 District of Columbia Retirement Board executive director announces retirement by Kali Persall Sheila Morgan-Johnson, executive director of the District of Columbia Retirement Board (DCRB), has announced her retirement after leading the fund since 2017.
