Transactions | Jul 7, 2020 Ballymore exchanges on Broadwalk Shopping Centre in north London by Released Property development company Ballymore has exchanged contracts to acquire the Broadwalk Shopping Centre in Edgware, north London, from Aberdeen Standard Investments.
Research | Jul 7, 2020 Savills ranks London, Paris and Berlin as cities most resilient to COVID-19 by Released While the exact magnitude of COVID-19 and its effect on the real estate investment market still remain uncertain, some European cities are already emerging as more resilient than others, according to Savills.
Transactions | Jul 7, 2020 LPC West and Cerberus acquire 30 acres for planned industrial campus by Released LPC West, the West Coast arm of national real estate firm Lincoln Property Co., together with an affiliate of Cerberus Capital Management, has acquired nearly 30 acres in Oceanside, Calif.
People | Jul 7, 2020 AEW appoints Jeremy Convert to head of investments, France by Released AEW has promoted Jeremy Convert to head of investments, France.
Transactions | Jul 7, 2020 PGIM Real Estate strengthens logistics allocation of European core strategy by Released PGIM Real Estate has acquired five logistics assets in Germany.
Fundraising | Jul 7, 2020 BNP Paribas REIM launches European healthcare platform by Andrea Zander BNP Paribas REIM has launched Healthcare Property Fund Europe (HPF Europe) in first half 2020 with initial equity commitments close to €200 million ($226 million).
Transactions | Jul 7, 2020 Opus, Principal to develop multifamily property in Denver by Andrea Zander The Opus Group and joint venture partner Principal Real Estate Investors announced today the start of construction on a new multifamily development near Empower Field at Mile High in Denver.
Transactions | Jul 6, 2020 CIM Group to develop office building in Boston by Released CIM Group, in partnership with Nordblom Co., has topped out the construction of a 235,000-square-foot class A office building at 321 Harrison Ave. in Boston’s South End.
Research | Jul 6, 2020 Cushman & Wakefield releases life science report by Andrea Zander Cushman & Wakefield has released its report on impacts to the life science sector resulting from COVID-19.
Fundraising | Jul 6, 2020 London co-living fund secures $212m in investment capital by Kali Persall COLIV, an independent fund managed by DTZ Investors, has gathered £170 million ($212 million) of investment capital, following a recent commitment from Liverpool, England–based Merseyside Pension Fund.
Fundraising | Jul 6, 2020 Rialto Real Estate Fund IV – Debt surpasses $750m in fundraising by Kali Persall Rialto Capital Management has raised $757.9 million for its Rialto Real Estate Fund IV – Debt fund.
People | Jul 6, 2020 UC Investments’ senior managing director for real estate retires by Kali Persall Gloria Gil has retired from her position as senior managing director for real estate at the University of California, CIO Jagdeep Singh Bachher announced on June 28.
Transactions | Jul 6, 2020 Digital Realty launches development of second data center in Hong Kong by Released Digital Realty has developed a new, carrier-neutral data center in a purpose-built facility in Hong Kong that will be named Digital Realty Kin Chuen (HKG11).
Transactions | Jul 6, 2020 Qianhai Authority acquires new substantial shareholder of BHG Retail REIT by Released Qianhai Authority, a statutory body of Qianhai Cooperation Zone in China, has, through its wholly owned subsidiary, Qianhai International Holdings, has emerged as a new substantial shareholder of BHG Retail REIT.
Transactions | Jul 6, 2020 Hines partners with DNR to enter Bangalore office sector by Released Hines has entered a Bangalore, India, office development through a tie-up with DNR Group.
Investors | Jul 6, 2020 ESR forms JV with Canadian insurer Manulife and PGGM by Andrea Zander ESR has formed a core joint venture for industrial assets in China with Canadian insurer Manulife and PGGM.
Fundraising | Jul 6, 2020 PATRIZIA closes latest value-add fund at €750m by Kali Persall PATRIZIA has completed a final close of its flagship discretionary value-add fund.
Transactions | Jul 6, 2020 Nuveen Real Estate purchases office development on behalf of its European Cities strategy by Released Nuveen Real Estate has finalized its acquisition of Cube Berlin.
Research | Jul 6, 2020 Asia Pacific: Regional travel remains at standstill by Andrea Zander CBRE retains its forecast of a global recession in 2020, with a sharp downturn in second quarter 2020 and the start of a rebound in the third quarter 2020.
Transactions | Jul 6, 2020 Supermarket Income REIT acquires portfolio of Waitrose Supermarkets by Released Supermarket Income REIT has acquired a portfolio of supermarkets via a sale-leaseback transaction with Waitrose & Partners for £74.1 million (€81.7 million/$92.6 million).