Research | Aug 13, 2020 Sydney shows slightly higher hotel performance in July 2020 by Andrea Zander Sydney showed slightly higher hotel performance in July 2020 but the same significant level of year-over-year declines, according to preliminary data from STR.
Transactions | Aug 13, 2020 Panattoni begins construction of Warsaw logistics project by Andrea Zander Panattoni has announced another Warsaw development, which is to be built on a 4.7-acre site next to the S7 junction with the S8 expressway just a few miles from Warsaw’s Chopin Airport.
Transactions | Aug 13, 2020 1,087-bed student housing community sells, largest sale since 2016 by Released XFD Real Estate Partners, a student housing real estate investment and property management firm, has acquired Cottage Row, the largest off-campus student housing community in Statesboro. This acquisition is the largest student housing sale in the market to date.
Research | Aug 13, 2020 European real estate Q2 transactions slide to lowest level in six years during COVID-19 by Andrea Zander The volume of European commercial real estate investment transactions plunged to the lowest three-month level since 2014 in the second quarter of this year, as the COVID-19 pandemic and associated lockdowns took a grip on markets, but the completion of a handful of large deals in the period, notably in Germany, still underpinned activity relative to other global regions, according to Real Capital Analytics’ (RCA) European Capital Trends Q2 2020 report.
People | Aug 13, 2020 Brett Hopkins joins LaSalle as U.S. acquisitions officer by Released LaSalle Investment Management has hired Brett Hopkins as acquisitions officer.
Research | Aug 13, 2020 North American CRE market reacts sharply to economic downturn by Released After a strong start to 2020, the impacts of COVID-19 on the commercial real estate industry became evident during the second quarter.
Investors | Aug 12, 2020 CDPQ reports –2.3% return, accelerates repositioning of real estate portfolio by Kali Persall The Caisse de dépôt et placement du Quebec (CDPQ) has reported a –2.3 percent return for the first six months of the year, amid volatility caused by the global coronavirus pandemic.
Transactions | Aug 12, 2020 KGAL buys €250m Perlach Plaza development in Munich from CONCRETE Capital/BHB by Released KGAL Investment Management has acquired the Perlach Plaza development in Munich.
Transactions | Aug 12, 2020 New World Development buys Shanghai commercial project for $590m by Andrea Zander New World Development has bid $590 million for a 17,170-square-meter (184,817-square-foot) site on Huaihai Road, Shanghai.
Investors | Aug 12, 2020 PSER backs PGIM Real Estate Capital VII by Kali Persall The $55.8 billion Public School Employees’ Retirement System of Pennsylvania (PSERS) has committed $125 million to a value-add private real estate fund managed by PGIM Real Estate.
People | Aug 12, 2020 PATRIZIA strengthens Japan business and appoints new leadership by Released PATRIZIA has appointed Takehiko Uehara as PATRIZIA Japan country manager, effective immediately. His formal job title in the Japanese business is representative director & president of PATRIZIA Japan K.K.
Transactions | Aug 12, 2020 Hatten Land secures new strategic investor for Harbour City Project in Melaka in a $323m transaction by Released Hatten Land has signed an agreement with Tayrona Capital relating to the Harbour City project in Melaka, a coastal state in southwestern Malaysia. The project, which is held under Gold Mart Sdn. Bhd., received $323 million in the transaction.
Transactions | Aug 12, 2020 Curlew Capital appoints senior development manager to deliver £340m, 2,600-bed student accommodation development by Released Curlew Capital has appointed Andrew Davis as senior development manager.
Fundraising | Aug 12, 2020 Gaw Capital Partners closes investment vehicles with up to $900m in commitments by Andrea Zander Gaw Capital Partners has closed two investment vehicles totaling up to $900 million in commitments.
Research | Aug 12, 2020 Logistics space in the Philippines to grow by 1.7msf annually in the next 10 years by Andrea Zander Demand for logistics space in the Philippines has been generally positive, but addressing the increasing demand for better quality facilities from new entrants in the market could translate to approximately 160,000 square meters (1.72 million square foot) per annum of new demand in the next 10 years.
Transactions | Aug 12, 2020 Round Hill Capital expands U.S. residential income and growth fund by Released Round Hill Capital has acquired Cortland Cary, formerly Trilogy Cary, a multifamily apartment community located in Cary, N.C.
Transactions | Aug 12, 2020 Atrium European Real Estate disposes of five Polish retail assets by Kali Persall Atrium European Real Estate has sold five retail assets spanning 45,000 square meters (484,375 square feet) in Poland to Metropol Group.
People | Aug 12, 2020 Derwent London co-founder announces plan to retire by Andrea Zander Simon Silver, executive director and co-founder of British-based property investment and development business Derwent London, has plans to retire from the board.
Transactions | Aug 12, 2020 Deka Immobilien sells Amsterdam office building to Aviva Investors by Kali Persall Deka Immobilien, on behalf of its open-end real estate fund Deka-ImmobilienGlobal, has sold an office building in Amsterdam to Aviva Investors for an undisclosed amount.
Transactions | Aug 11, 2020 Blackstone, Brookfield among firms eyes Indian malls by Andrea Zander Blackstone Group and Brookfield Asset Management are among private equity firms looking to buy stakes in Indian malls, the Bloomberg, reported citing people familiar with the matter.
