Transactions | Jan 5, 2021 Tishman Speyer completes sale of major London office property by Released Tishman Speyer announced the sale of Smithson Plaza, a world-class mixed-use property in London’s West End, to the real estate investment arm of the Portuguese insurance company Fidelidade.
Transactions | Jan 5, 2021 Mall to be converted into global HQ campus by Released Turnbridge Equities has plans to transfer ownership of the Cary Towne Center to Epic Games.
Transactions | Jan 5, 2021 Hines breaks ground on Busch Logistics Park in Atlanta by Released Hines has broken ground on Busch Logistics Park.
Research | Jan 5, 2021 JLL expects stronger appetite for assets with income stability in Asia Pacific by Andrea Zander JLL predicts there will be opportunities in enhancements and value-add in Asia Pacific real estate this year.
Transactions | Jan 5, 2021 Carrefour completes the acquisition of 224 proximity stores in Taiwan by Released French retailer Carrefour has closed the acquisition of Wellcome Taiwan from Dairy Farm.
Transactions | Jan 5, 2021 CIM Group sells 490-unit apartment building in Manhattan’s Lower East Side by Andrea Zander Related Fund Management has acquired 265–275 Cherry St., two 26-story towers with 490 units in Manhattan’s Lower East Side in the Two Bridges community.
Transactions | Jan 5, 2021 Lendlease, Aware Super buy L.A. site for $600m mixed-use development by Andrea Zander Lendlease, in partnership with Aware Super, an Australian superannuation fund, has secured a 3.5-acre transit-oriented, mixed-use development site at 3401 S. La Cienega Blvd. in Los Angeles.
Transactions | Jan 5, 2021 Bridge Development plans 1.9msf Seattle industrial park by Released Bridge Development Partners has acquired 117 acres in Milton, Wash., to be the future site of Bridge Point I-5 Seattle.
Research | Jan 5, 2021 Oxford Economics: Inflation — this time isn’t different by Released The prospect of large shares of some economies’ populations being vaccinated in first half 2021, supporting a return to some degree of normalcy, has stoked renewed concerns that inflation could pick up sharply this year, according to Oxford Economics.
People | Jan 5, 2021 Mark Versey becomes CEO of Aviva Investors by Kali Persall Aviva Investors has promoted Mark Versey from CIO, real assets, to CEO.
People | Jan 5, 2021 CBRE appoints real estate investment banking lead in the Nordics by Released CBRE has appointed Jorgen Arnesen as a senior director to lead real estate investment banking for the Nordics Capital Markets team.
Investors | Jan 4, 2021 Fubon Life backs Rialto Real Estate Fund IV – Debt by Kali Persall Taiwan-based Fubon Life Insurance has allocated $20 million for a fund managed by Rialto Capital Management.
Fundraising | Jan 4, 2021 Stockbridge brings new industrial fund to market by Kali Persall Stockbridge Capital Group has launched a new open-end core-plus vehicle.
Research | Jan 4, 2021 Net-lease cap rates reach new all-time low by Andrea Zander In the fourth quarter, cap rates in the single-tenant net-lease retail, office and industrial sectors reached a new all-time low.
Investors | Jan 4, 2021 CPP Investments and LOGOS establish new Indonesia logistics venture by Andrea Zander Canada Pension Plan Investment Board (CPP Investments) has formed a new Indonesian venture partnership with Logos, which will develop modern logistics facilities in Greater Jakarta.
Transactions | Jan 4, 2021 LPC West and Geyser Holdings acquire creative office in Hollywood by Released LPC West, the West Coast arm of national real estate firm Lincoln Property Co., has partnered with Geyser Holdings to acquire 959 Seward.
Transactions | Jan 4, 2021 Grosvenor Europe acquires office in Madrid by Released Grosvenor Europe has acquired an office building in Madrid.
Transactions | Jan 4, 2021 Ascentris and Cypress acquire class A office tower in Tempe, Arizona by Released Ascentris has purchased 777 Tower at Novus, a six-story, class A office building totaling 161,000 square feet located in Tempe, Ariz.
Transactions | Jan 4, 2021 Blox Ventures, Angelo Gordon JV sells Palo Alto asset by Released Blox Ventures, a Silicon Valley–based investor and real estate operator, and global alternative investment firm Angelo Gordon announced the sale of 2100 El Camino, College Terrace’s First Republic Center in Palo Alto, Calif.
Transactions | Jan 4, 2021 Bell Partners sells a multi-housing property in Denver for $154m by Andrea Zander Bell Partners has sold the Bell Summit at Flatirons, a multi-housing property located in Broomfield, Colo., one of the fastest-growing suburbs in the Denver metro area.
