Transactions | Aug 23, 2021 AEW UK REIT sells U.K. industrial properties by Kali Persall AEW UK REIT (AEWU) has sold two industrial assets in England for £16.7 million ($19.5 million).
Research | Aug 23, 2021 Riverside-San Bernardino apartment sector records lowest vacancy rate in the U.S. by Kali Persall The Riverside-San Bernardino apartment market in Southern California has the lowest vacancy rate in the nation, according to a new report from Marcus & Millichap.
Transactions | Aug 23, 2021 Deutsche Investment acquires discount grocer in Germany by Released Deutsche Investment has acquired a discount grocer in the German city of Dieburg from a private company on behalf of its separate asset pool, Deutsche Investment – Food Retail I.
Transactions | Aug 23, 2021 DivcoWest acquires boutique office property in Austin by Kali Persall DivcoWest has acquired a newly constructed, 170,000-square-foot class A boutique office building in Austin.
Transactions | Aug 23, 2021 Real I.S. acquires hotel building in Vienna by Kali Persall Real I.S. has acquired the MOOONS hotel building in Vienna for a German pension fund, according to sources.
People | Aug 23, 2021 GRREY Company brings on new partner by Kali Persall GRREY Company, an independent company focused on advising institutional real estate investors, has hired Ilse van Klooster as partner.
Transactions | Aug 23, 2021 CenterSquare forms JV with Arch targeting U.S. service properties by Released CenterSquare Investment Management and Arch Street Capital Advisors have formed a joint venture targeting investments in high-end service properties in the U.S. Sun Belt region.
Research | Aug 23, 2021 Multifamily eviction pressures abate as market improves by Released Eviction pressures in the apartment sector are abating as the economy and labor market continue to improve, according to a new report from Marcus & Millichap.
Research | Aug 23, 2021 Majority of managers desire full return to office post-pandemic by Kali Persall A new survey from Robert Half reveals a majority of managers in the United States prefer a full return to the office once COVID-19 threats abate.
Investors | Aug 23, 2021 Harrison Street and Anthology Senior Living to develop senior living portfolio by Released Harrison Street and Anthology Senior Living, the senior housing operating platform of CA Ventures, have formed a new joint venture partnership to acquire and develop a portfolio of three senior living facilities in Medfield, Mass.; Natick, Mass.; and Boynton Beach, Fla.
Research | Aug 20, 2021 Material prices continue to weigh heavily on construction starts in July by Kali Persall The total number of construction starts fell 3 percent in July to a seasonally adjusted annual rate of $854.8 billion, according to a new report by Dodge Data & Analytics.
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.
