Transactions | Aug 26, 2020 Blackstone acquires logistics properties for €270m by Andrea Zander Blackstone has acquired 28 suburban logistics properties from a joint venture between investment firms Castlelake and Melcombe for €270 million ($319 million).
Fundraising | Aug 26, 2020 Torchlight Debt Fund VII surpasses $1b by Kali Persall Torchlight Investors is closing in on its fundraising target with $1.13b raised to date for its Torchlight Debt Fund VII.
Research | Aug 26, 2020 Firms to adopt a diverse and employee choice-based real estate strategy as offices reopen by Andrea Zander Colliers International has released its The Future of the Office Space Report, which examines four key issues central to the office sector’s future in the context of nine core APAC class A office markets: COVID-19’s effect on office fundamentals; the new office space; the evolution of flexible workspace; and investor sentiment in uncertain times.
Transactions | Aug 25, 2020 Blackstone sells 1.2msf industrial warehouse portfolio by Andrea Zander Sealy & Co. has acquired eight fully leased industrial warehouse and distribution buildings totaling 1.2 million square feet in Greenville, S.C.
Investors | Aug 25, 2020 Digital Edge and Stonepeak form Asia Pacific data center platform with $1b commitment by Released Stonepeak Infrastructure Partners and a group of seasoned senior executives formerly have formed a diversified, independent data center platform, Digital Edge.
Investors | Aug 25, 2020 Norway’s KLP sees positive second quarter by Kali Persall KLP, Norway’s largest pension company, logged a positive value-add adjusted return of 3.2 percent in the second quarter of the year.
Transactions | Aug 25, 2020 Audley Group and Royal London establish new retirement village joint venture by Released Audley Group has formed a joint venture with the Royal London Pension Property Fund to deliver a new retirement village in Buckinghamshire, England.
Fundraising | Aug 25, 2020 GLP markets largest private open-end logistics fund in Japan by Kali Persall GLP has launched GLP Japan Income Fund (GLP JIF) to invest in modern logistics properties in Japan.
Research | Aug 25, 2020 Shopping center segment shows continued recovery in rent collections by Andrea Zander A Nareit survey of August rent collections by REITs in the apartment, freestanding retail and shopping center segments of the property market continued to show the positive impact of the economic reopening, even as economic stimulus has waned.
Transactions | Aug 25, 2020 Barings grows European logistics portfolio with two assets in Germany by Released Barings has acquired two logistics properties in Sarstedt, south of Hanover, Germany.
Transactions | Aug 25, 2020 CIM Group develops 21-story Brooklyn luxury residential and retail project by Released CIM Group has completed its project Front & York, a 21-story, mixed-use, full-service luxury residential and retail project located at 85 Jay St. in Brooklyn’s DUMBO neighborhood.
Transactions | Aug 25, 2020 $400m Las Vegas project breaks ground, updated with new health and safety features by Andrea Zander San Diego–based developer Matter Real Estate Group has broken ground on its UnCommons, a $400 million, 40-acre mixed-use project in Las Vegas, which was delayed by the pandemic.
Research | Aug 24, 2020 Trepp ranks top 21 secondary metro areas by Released The Austin metropolitan statistical area (MSA) is the highest-ranked secondary MSA for its commercial real estate investment potential, according to Trepp.
Investors | Aug 24, 2020 Kentucky Teachers reports gain of 5.8% for fiscal year by Kali Persall Kentucky Teachers' Retirement System (TRS) has posted a 5.8 percent gross gain for the fiscal year ending June 30, placing it among the top 5 percent of large pension plans with more than $1 billion in assets.
Fundraising | Aug 24, 2020 McFarlin Group’s senior living fund looks to bring in institutional capital by Kali Persall McFarlin Group, a firm focused on senior housing in the United States, has begun marketing its $100 million McFarlin Opportunistic Senior Living Fund I.
Transactions | Aug 24, 2020 Inland Homes to develop Cavalry Barracks in London by Released Inland Homes has entered into agreements relating to the acquisition and development of one of the largest brownfield sites in London, the 36.7-acre Cavalry Barracks in Hounslow, West London.
Research | Aug 24, 2020 Office landlords granting more concessions to secure tenants during pandemic by Released Office building owners provided more free rent and larger tenant-improvement allowances in the second quarter to secure new office leases and renewals amid a general slowdown in leasing activity due to the pandemic, according to CBRE.
Transactions | Aug 24, 2020 Ivanhoé Cambridge and LOGOS acquire strategic development site in Melbourne by Released Ivanhoé Cambridge and LOGOS have agreed to acquire a strategic development site in Broadmeadows, one of Melbourne’s key infill northern industrial suburbs.
Investors | Aug 24, 2020 Oxford Properties Group and Delancey secure a further €465m from Allianz by Released Oxford Properties Group and Delancey Real Estate Asset Management announced DOOR has raised further commitments of £260 million (€288 million/$340 million and £150 million (€166 million/$196 million) from Allianz Real Estate acting on behalf of several Allianz group companies, and Local Pensions Partnership, respectively.
People | Aug 24, 2020 Hines announces passing of founder and chairman by Andrea Zander Gerald D. Hines, founder and chairman of Hines, passed away peacefully at home Aug. 23.
