Fundraising | Aug 16, 2021 The London Fund hits $270m in commitments by Kali Persall The London Fund has secured an additional £45 million ($62 million) in a second close, bringing the fund’s total committed assets to £195 million ($270 million).
Transactions | Aug 16, 2021 Hines and partner begin work on second phase of $202m India residential project by Released Phase II of Elevate, a joint residential development by Hines and Conscient Infrastructure Pvt. Ltd., has been recently launched.
Transactions | Aug 16, 2021 Hyatt to acquire Apple Leisure Group in $2.7b deal by Andrea Zander Hyatt Hotels Corp. has entered into a definitive agreement to acquire Apple Leisure Group, a luxury resort-management services, travel and hospitality group, from affiliates of each of KKR and KSL Capital Partners, LLC for $2.7 billion in cash.
People | Aug 16, 2021 Rossitsa Stoyanova joins Investment Management Corp. of Ontario as its new CIO by Kali Persall The C$73.7 billion ($58 billion) Investment Management Corp. of Ontario (IMCO) has appointed Rossitsa Stoyanova as its new CIO, effective Sept. 13.
Transactions | Aug 16, 2021 CTP to acquire Amsterdam Logistic Cityhub for €307m by Andrea Zander CPT has bought the Amsterdam Logistic Cityhub (ALC) for €307 million ($361 million).
Investors | Aug 16, 2021 Wendy’s to add 700 delivery kitchens as growing consumer spending at QSRs by Andrea Zander The Wendy's Co. and REEF, one of the largest operators of mobility, logistics hubs and kitchens, has plans to develop and operate 700 delivery kitchens over the next five years across the United States, Canada and the United Kingdom.
Investors | Aug 16, 2021 ESR launches new China development platform to invest up to $4b by Andrea Zander ESR Cayman has entered into an agreement to launch its latest logistics development platform in China.
Research | Aug 16, 2021 DWS releases Asia Pacific real estate strategic outlook by Released Regional economic activity accelerated in the first half of 2021, evidenced by improved manufacturing PMI, higher export levels and a recovery in retail consumption across the Asia Pacific region, reported DWS.
Investors | Aug 16, 2021 Tristan Capital Partners receive new mandate by Released A joint venture, newly founded by DW Real Estate GmbH, Rockspire GmbH and Sonar Real Estate GmbH, has been mandated by Tristan Capital Partners.
Transactions | Aug 16, 2021 Ivanhoé Cambridge forms development JV with Allianz Real Estate by Andrea Zander Ivanhoé Cambridge has begun the redevelopment of Stonecutter Court in London.
Research | Aug 16, 2021 Flexibility, technology and hybrid working are moving up the agenda for occupiers by Released Offices will repopulate over the remainder of this year, led by small companies — those with less than 100 employees, according to the EMEA Occupier Survey of 130 companies from CBRE.
Transactions | Aug 16, 2021 CBRE Global Investors sells shopping center in Netherlands by Released CBRE Global Investors has sold shopping center Mosae Forum in the city center of Maastricht, Netherlands.
Investors | Aug 16, 2021 LendInvest announces €176m financial partnership with Barclays and HSBC by Andrea Zander LendInvest has announced a £150 million (€176 million/$208 million) partnership with Barclays and HSBC.
Investors | Aug 13, 2021 TRS Illinois sets new real assets investment target by Kali Persall The $59.5 billion Teachers’ Retirement System (TRS) of the State of Illinois has set new long-term and interim asset allocation targets for the investment of its funds.
Fundraising | Aug 13, 2021 MetLife secures $300m for new open-end core property fund by Kali Persall MetLife Investment Management has collected more than $300 million for its newly launched MetLife Enhanced Core Property Fund.