Fundraising | May 11, 2020 $300m in seed capital allocated for AgIS Farmland Club Fund by Kali Persall The AgIS Farmland Club Fund, an open-end fund managed by AgIS Capital, has received $300 million in seed capital from two U.S. pension funds.
Research | May 11, 2020 Real estate private funds are better positioned for this downturn by Douglas Weill, Hodes Weill & Associates, and John M. Ferguson, Goodwin Procter Today’s real estate funds should fare better than those that faced the challenges of navigating the global financial crisis (GFC) storm.
Transactions | May 11, 2020 Chancerygate and Hines JV pre-sells 25% of Nottingham industrial scheme by Released A joint venture between Chancerygate and Hines has pre-sold almost a quarter of its 18-unit, 156,812-square-foot Trent Gateway industrial and warehouse development in Beeston, near Nottingham, England.
People | May 11, 2020 John Slade joins Allianz Real Estate as senior advisor by Andrea Zander Allianz Real Estate has appointed John Slade as a senior advisor.
People | May 11, 2020 Nuveen adds to alternatives business development team by Released Nuveen has added two new members for its alternatives business development team.
Transactions | May 11, 2020 Warburg-HIH Invest acquires logistics real estate portfolio by Released Warburg-HIH Invest Real Estate has acquired a portfolio of four new-build logistics warehouses in Germany.
People | May 11, 2020 Jonathan Turnbull joins Harrison Street by Andrea Zander Jonathan Turnbull has joined Harrison Street as managing director, head of Canadian transactions and business development.
People | May 11, 2020 Alliance Global Advisors appoints new board members by Released Alliance Global Advisors’ has appointed four new board members, Paul Dolinoy, Gloria Gil, Micolyn Magee and Christina Scarlato.
Businesses and pension plans face growing pressure to adapt in the COVID-19 era by Geoffrey Dohrmann Every day I receive dozens of notices from various companies providing guidance on how they are dealing with the COVID-19 pandemic, as well as what they think the likely outcome for real estate investments will be.
Building a new environment by Marek Handzel The long-term financial sense of sustainable, climate-proofed buildings is becoming increasingly apparent, according to Rolf Zarnekow, head of real estate at Aquila Capital.
Research | May 8, 2020 Job losses reach levels not seen since Great Depression by Loretta Clodfelter The U.S. economy lost 20.5 million jobs and the unemployment rate hit rose to 14.7 percent in April, according to the Bureau of Labor Statistics, amid the COVID-19 pandemic.
Research | May 8, 2020 Warsaw office market to regain equilibrium by Andrea Zander In first quarter 2020, gross take-up for office space in Warsaw amounted to 139,800 square meters (1.5 million square feet), down by 0.5 percent on the same period in 2019, according to Cushman & Wakefield.
Transactions | May 8, 2020 Peel L&P unveils plans for Liverpool residential tower by Released Peel L&P has submitted a planning application for the next major development at Liverpool Waters.
Investors | May 8, 2020 Texas TRS commits $350m to value-add funds in April by Kali Persall The Teacher Retirement System (TRS) of Texas disclosed $350 million in new value-add real estate commitments for the month of April.
Investors | May 8, 2020 Logistics Property Co. continues to expand its class A logistics park near Dallas by Released Logistics Property Co. will break ground on its Building 3 at Southport Logistics Park in Wilmer, Texas, in July 2020.
Investors | May 8, 2020 Fresno County approves new commitment to RBC’s community investment fund by Kali Persall The Fresno County (Calif.) Employees' Retirement Association (FCERA) has approved a follow-on commitment of up to fund managed by RBC Global Asset Management.
People | May 8, 2020 Australian Future Fund appoints new CEO by Kali Persall Raphael Arndt, former CIO for the Australian Government Future Fund, has been promoted to CEO, following a global search process.
Research | May 8, 2020 Retail sales in Asia Pacific to be worse than during GFC by Andrea Zander The Asia Pacific rental outlook for 2020 has been revised downward, with the correction expected to be steeper than what was recorded at the height of the global financial crisis, reported CBRE.
Transactions | May 8, 2020 SK D&D affiliate to acquire office complex in Seoul for $444m by Andrea Zander An affiliate of Korean real estate developer SK D&D has acquired the Young City office building complex in Seoul for 545.8 billion won ($444.6 million).
Research | May 8, 2020 Strong value can be found in the European logistics sector, despite COVID-19 by Ludwig Vogel, MPC Real Estate Solutions, and Olaf Bruns, institutional fund management and logistics expert in real estate The online retail industry is booming. People’s ever-evolving shopping behavior, paired with the COVID-19 pandemic, is resulting in a boost to online sales and, with it, an increase in the demand for logistics real estate, both in Europe and across the globe.
