People | Aug 19, 2021 CenterSquare appoints new director of capital markets by Released CenterSquare Investment Management has appointed Deborah Considine as a director in the firm’s capital markets group.
Transactions | Aug 19, 2021 COVID-conscious mixed-use skyscraper delivered in Miami by Kali Persall Miami Mayor Francis Suarez has unveiled the world’s first COVID-conscious, all-in-one, residential, hotel and medical center skyscraper in downtown Miami.
Transactions | Aug 19, 2021 Savills IM acquires two distribution centers in Denmark by Kali Persall Savills Investment Management (Savills IM) has acquired a newly built distribution center and an adjacent distribution center under construction in Horsens, Denmark, for €47 million ($55 million).
Transactions | Aug 19, 2021 IC delivers new student housing block near Freiburg University by Kali Persall The International Campus Group (IC), a developer and operator of micro-living concepts in Northern Europe, has delivered a six-story student apartment block near Germany’s Freiburg University.
Fundraising | Aug 19, 2021 Gresham House collects $174m in first close of U.K. forestry fund by Kali Persall Gresham House has held a first close for its Gresham House Forest Growth & Sustainability Fund with £127 million ($174 million) in subscriptions from two major institutional investors.
Transactions | Aug 19, 2021 Patrizia sells German retail portfolio by Kali Persall Patrizia AG has sold a retail portfolio of 50 stores in Germany to GPEP, a German investment manager focused on food retail. Financial terms were not disclosed.
Fundraising | Aug 19, 2021 Portugal’s Insula Capital launches RE Capital Property Fund I by Kali Persall Insula Capital, a Portugal-based real estate investment company, has launched a new fund to capitalize on immediate opportunities across the residential, office, retail and hospitality sectors within the firm’s €350 million ($409 million) investment pipeline.
Transactions | Aug 19, 2021 Prime Residential buys $275m multifamily portfolio along the Southern California coast by Andrea Zander Prime Residential has purchased two adjacent multifamily assets located two blocks from the beach in Hermosa Beach, Calif.
Research | Aug 19, 2021 Modern Australian logistics and office assets in demand by Jennifer Molloy, Kali Persall and Andrea Zander Some recent deals this past July and early August reveal investor demand for modern logistics and office assets in Australia spurred on by the growth in ecommerce and need for healthier, more sustainable workplaces accelerated by the pandemic and climate change — and the ever-present need by investors for stable, income-generating property.
People | Aug 18, 2021 Cohen & Steers names new senior vice president and head of ESG by Kali Persall Cohen & Steers has appointed Khalid Husain to the newly created role of senior vice president and head of ESG.
Transactions | Aug 18, 2021 Macquarie acquires logistics facility in Norway for €67m by Released Macquarie Asset Management has acquired a state-of-the-art logistics facility in Norway for €67 million ($78 million).
Transactions | Aug 18, 2021 Sirius invests €84.8m in German mixed-use portfolio by Andrea Zander Sirius Real Estate has completed the acquisition of four business parks and one land parcel for a total of approximately €84.8 million ($99.22 million).
Transactions | Aug 18, 2021 Xander industrial platform buys 1msf of warehouse space in India by Andrea Zander Singapore-based Xander Investment Management has acquired an additional 1 million square feet of warehousing space in Free Trade and Warehousing Zone (FTWZ) at Sriperumbudur near Chennai, on the Bay of Bengal in eastern India.
Research | Aug 18, 2021 North American investment sales market powers back to normal by Andrea Zander The North American commercial real estate investment sales market is powering back to normal, a positive sign after a year of uncertainty, according to Colliers International.
Investors | Aug 18, 2021 SCERS logs positive returns for real estate portfolio by Kali Persall The Sacramento County Employees’ Retirement System (SCERS) reported that its real estate portfolio, a mixture of core real estate liquid commingled funds and noncore real estate investments in closed-end funds was up 3.6 percent.