Investors | Jun 3, 2021 CDL reported to have filed for $705m S-Reit IPO by Andrea Zander City Developments Limited (CDL) has applied for an initial public offering of a real estate investment trust (REIT), which could raise some £500 million ($705 million) on the Singapore Exchange.
Transactions | Jun 3, 2021 Ascendas REIT divests three logistics properties in Australia by Released Ascendas Funds Management has divested three logistics properties in Australia.
Transactions | Jun 3, 2021 Legal & General commits $2.1b to Manchester University Innovation District by Released Bruntwood SciTech, a partnership between Legal & General and Bruntwood, has plans to partner with the University of Manchester to deliver ID (Innovation District) Manchester.
Transactions | Jun 3, 2021 HDB wins $302m for condo site by Andrea Zander The Housing and Development Board (HDB) has awarded the tender for a land parcel at Tengah Garden Walk to Taurus Properties for S$400.3 million ($301.62 million).
Fundraising | Jun 3, 2021 Bridge Investment Group opens fifth multifamily fund by Kali Persall Bridge Investment Group has opened its fifth value-add multifamily fund.
Research | Jun 3, 2021 Millennials: 82% will feel safer returning to offices with real-time indoor air-quality transparency by Released Millennials' concerns about indoor air, in particular, positions indoor air quality (IAQ) to be a catalyst that will drive employee engagement, leasing activity and hotel bookings for the foreseeable future, according to a recent survey conducted by Carbon Lighthouse.
People | Jun 3, 2021 Andra Purkalitis joins USAA Real Estate senior management team by Released USAA Real Estate has appointed Andra Purkalitis, a specialist in the rapidly changing domestic and global legal and regulatory environments, to its senior leadership team as executive managing director and chief compliance officer.
Investors | Jun 3, 2021 COPT forms new $119m data center shells JV with Blackstone Real Estate by Andrea Zander Corporate Office Properties Trust (COPT) has formed a new joint venture with funds affiliated with Blackstone Real Estate.
Research | Jun 3, 2021 Investors are looking for residential investments across Europe by Released Catella Research has analyzed the residential property markets in 61 cities and 19 countries in Europe, concluding that even the current pandemic phase afflicting Europe is hardly bringing about any changing effects on the investor and transaction markets.
People | Jun 3, 2021 CalSTRS and Engine No. 1 add a third director to ExxonMobil’s board by Kali Persall Engine No. 1, with the support of the California State Teachers' Retirement System (CalSTRS), has nominated a third director to ExxonMobil’s board.
Investors | Jun 3, 2021 The Regents of the University of Michigan commits $50m to FCP Realty Fund V by Kali Persall The Regents of the University of Michigan has approved a commitment of up to $50 million to a fund managed by FCP.
Research | Jun 3, 2021 China’s hotel construction pipeline ends first quarter with 3,440 projects by Andrea Zander According to the latest China Construction Pipeline Trend Report from Lodging Econometrics (LE), China’s total hotel construction pipeline stands at 3,440 projects/656,828 rooms at the end of first quarter 2021, down 3 percent by projects and up 2 percent by rooms, year-over-year.
Investors | Jun 3, 2021 OCERS to increase noncore investments in FY22 by Kali Persall The $20.2 billion Orange County (Calif.) Employees Retirement System (OCERS) is planning to amp up investments in its noncore portfolio in Fiscal Year 2022, according to a May meeting document.
Transactions | Jun 3, 2021 Principal European Core Fund acquires Helix office building in Utrecht by Released Principal Real Estate Europe has completed the acquisition of the 10,000-square-meter (108,000-square-foot) Helix office building in Utrecht.
Research | Jun 3, 2021 U.S. travelers’ confidence returns to traveling by Released About 78 percent of U.S. travelers intend to travel for leisure, according to results from a new survey from Cirium.
Research | Jun 3, 2021 Italian industrial exceeds €300m in total volume by Andrea Zander During the first quarter of 2021, the Italian logistics market continued to be dynamic, with a take-up volume of 520,000 square meters (tk square feet/+76 percent on first quarter 2020), according to Cushman & Wakefield.
Research | Jun 3, 2021 Economists expect Asia Pacific markets to bounce back over next three years by Kali Persall Asia Pacific’s major real estate markets are expected to rebound from the effects of the COVID-19 pandemic within the next three years.
Transactions | Jun 2, 2021 Lionstone, Columbia Real Estate JV sells office complex for $113m by Released A partnership between affiliates of Lionstone Investments and funds advised by Columbia Real Estate Management, a subsidiary of Columbia Property Trust, has sold Dulles Executive Plaza.
Transactions | Jun 2, 2021 ESR Kendall Square REIT adds $145m logistic asset to portfolio by Released ESR Kendall Square REIT (365550 KS) has completed the acquisition of a modern logistics facility in the greater Seoul.
Transactions | Jun 2, 2021 Thor Equities Group expands European portfolio with French logistics acquisition by Released Thor Equities Group has acquired 36 avenue 8 mai 1945, Villeneuve la Garenne.
