Transactions | Aug 20, 2021 DivcoWest and Blackfin acquire multifamily community in North Carolina by Released A partnership between DivcoWest and Blackfin Real Estate Investors has completed the purchase of The Proper, a 384-unit residential community located at 403 Wolf Creek Circle in Raleigh, N.C.
Transactions | Aug 20, 2021 Halstatt Real Estate Partners opens purpose-built student housing in Florida by Released Halstatt Real Estate Partners has opened a purpose-built student housing tower serving the University of Tampa campus in Tampa, Fla. The property is fully leased.
Investors | Aug 20, 2021 Deutsche Hospitality opens Jazz in the City lifestyle brand hotel in Vienna by Released Deutsche Hospitality has opened a new lifestyle brand hotel in Vienna, known as Jazz in the City.
Transactions | Aug 20, 2021 Landmark Properties and Blackstone Real Estate Income Trust enter student housing JV by Kali Persall Landmark Properties, a vertically integrated student housing developer and owner-operator, has entered into a $784 million joint-venture partnership with Blackstone Real Estate Income Trust (BREIT) to recapitalize eight student housing assets totaling 5,416 beds across the United States.
Transactions | Aug 20, 2021 Barings and LBS acquire office development scheme in London by Kali Persall Barings and joint venture partner development partner LBS have paid £43.25 million ($59 million) for an office development scheme in London’s Southbank. The seller was LaSalle Investment Management.
Transactions | Aug 20, 2021 HBB Group acquires mixed-use property in Germany by Kali Persall Hamburg’s HBB Group has acquired a mixed-use property at Fangdieckstrasse 70-74 in Hamburg-Eidelstedt, Germany. A purchase price was not disclosed.
Transactions | Aug 20, 2021 British supermarket chain accepts $9.5b takeover offer from CD&R by Kali Persall Morrisons, the fourth-largest chain of supermarkets in the United Kingdom, has accepted a £7 billion ($9.5 billion) takeover offer by U.S. private equity group Clayton, Dubilier & Rice (CD&R), dropping an earlier bid by rival suitor Fortress Investment Group.
People | Aug 20, 2021 Matthias Dotterweich joins Kingstone Real Estate by Kali Persall Kingstone Real Estate has appointed Matthias Dotterweich as director of client capital, where he will be responsible for building relationships with institutional investors in both equity and debt.
Investors | Aug 20, 2021 Accor’s Raffles Hotel & Resorts to expand to North America, U.K. by Kali Persall Raffles Hotels & Resorts, a chain of luxury hotels managed by hospitality group Accor, is planning to add a host of locations that will more than double its portfolio and establish itself in the luxury hospitality industry.
Research | Aug 20, 2021 CBRE releases Asia Pacific mid-year real estate market outlook by Released CBRE has unveiled its mid-year real estate market outlook for the Asia Pacific region.
Transactions | Aug 20, 2021 Ascentris sells class A multifamily property in San Antonio by Kali Persall Denver-based real estate private equity firm Ascentris has sold a class A multifamily property in Downtown San Antonio.
Transactions | Aug 20, 2021 Amazon to open large physical stores throughout the U.S. by Kali Persall Amazon.com is planning to expand its online shopping empire into brick-and-mortar retail, according to The Wall Street Journal.
Transactions | Aug 19, 2021 Swiss Life acquires high-quality residential portfolio in Denmark by Kali Persall Swiss Life Asset Managers has paid €70 million ($81 million) for a portfolio of four high-quality residential assets in the Copenhagen metro area.
Transactions | Aug 19, 2021 Goldman Sachs pays €1.6b for NN Investment Partners by Kali Persall Goldman Sachs has agreed to acquire NN Investment Partners, a European asset manager based in the Netherlands, for €1.6 billion ($1.9 billion).
People | Aug 19, 2021 Cromwell Property Group hires Tom Duncan to lead investment and strategy research by Released Cromwell Property Group has appointed Tom Duncan as its new head of research.