Investors | Aug 7, 2020 Dallas–Fort Worth International Airport Board rehires AndCo as investment consultant by Kali Persall Dallas–Fort Worth International Airport Board Retirement Trust has rehired AndCo Consulting as its investment consultant.
Fundraising | Aug 6, 2020 Alliant Capital closes $65m fund for low-income housing by Released Alliant Capital has closed its Fund 103, a $65 million low-income housing tax credit fund that will facilitate the creation of nearly 650 units for seniors and families in states that are among those hardest hit by the coronavirus pandemic.
Investors | Aug 6, 2020 Westfield Contributory backs two real estate funds by Kali Persall IREI has learned that Westfield (Mass.) Contributory Retirement System has committed $8 million each to real estate funds managed by AEW Capital Management and TerraCap Management.
Transactions | Aug 6, 2020 Novapierre Allemagne 2 fund acquires two retail properties in Germany by Kali Persall SCPI Novapierre Allemagne 2 fund, the second Pan-European investment platform jointly managed by PAREF Gestion and Principal Real Estate Europe, has acquired two retail properties in Germany.
Research | Aug 6, 2020 Industrial & logistics and multifamily sectors to make the quickest comebacks by Andrea Zander
People | Aug 6, 2020 Dune Real Estate brings on former Morgan Stanley investment leader by Kali Persall New York–based Dune Real Estate Partners has appointed Aaron Greeno to the newly created position of head of West Coast.
People | Aug 6, 2020 Slate Asset Management appoints three new partners by Kali Persall Slate Asset Management has named three new partners, effective immediately.
Transactions | Aug 6, 2020 Chinese investor acquires office building in Bucharest by Andrea Zander China-based Fosun has purchased Floreasca Park, an office project in northern Bucharest, Romania, from the German fund GLL, reported Romania-Insider.com.
Transactions | Aug 6, 2020 Kajima Properties and Savills launches strategic partnership with Polish logistics park deal by Andrea Zander Kajima Properties Europe and Savills Investment Management have launched a new strategic partnership with the completion of the acquisition of Panattoni Europe’s interest in the 144,880-suare-foot (1.56 million-square-foot) Łódź City VI logistics park in central Poland.
People | Aug 6, 2020 CalPERS’ CIO resigns by Kali Persall Ben Meng, CIO of the $389 billion California Public Employees' Retirement System (CalPERS), said on Aug. 5 that he would resign, effective that day.
Transactions | Aug 6, 2020 ESR Cayman, AXA Investment Manager pays $368m for distribution center in Japan by Released ESR Cayman with its joint venture partner AXA Investment Managers – Real Assets has completed the acquisition of ESR Kuki Distribution Center from Redwood Japan Logistics Fund II (RJLF II) and co-investors for approximately $368 million.
Transactions | Aug 6, 2020 Henderson Park agrees to sell prime Dublin office asset to KanAm Grund Group by Released Henderson Park, the European real estate investment platform, has sold 30-33 Molesworth Street, in Dublin city center, to German real estate fund manager, KanAm Grund Real Estate Asset Management GmbH & Co.
Transactions | Aug 6, 2020 Kayne Anderson Real Estate acquires 34-property portfolio from Welltower by Released Kayne Anderson Real Estate has completed the acquisition of a large healthcare portfolio that comprises medical office buildings and seniors housing properties from Welltower.
Transactions | Aug 6, 2020 Gaw Capital launches Hollywood retail project by Released Gaw Capital with its partner DJM, a private equity real estate developer based in San Jose and Los Angeles, has plans to redevelop the famed shopping center at Hollywood & Highland, which includes a major design update and new name, Ovation Hollywood.
People | Aug 6, 2020 Andreas Calianos joins DriWay Technologies as U.S. head of institutional sales by Released Andreas Calianos has joined DriWay as its new U.S. head of institutional sales.
Investors | Aug 6, 2020 Hyatt Hotels reports $236m loss, but strongest recovery in China by Andrea Zander Hyatt Hotels Corporation reported a $236 million loss in its second quarter earnings call.
Investors | Aug 5, 2020 Yanlord and GIC sign agreement to co-invest up to $1b in China by Andrea Zander Yanlord Land Group has partnered with Singapore’s sovereign wealth fund GIC to jointly develop integrated commercial and residential property projects in high-growth cities across China for seven years.
Investors | Aug 5, 2020 Hotel group Accor launches €200m saving plan by Released Accor has launched a €200 million ($238 million) recurring-cost saving plan.
Investors | Aug 5, 2020 Pension fund invests $300m to Ascentris fund by Andrea Zander Ascentris has received an additional $300 million commitment from the Oregon Public Employees Retirement Fund (OPERF).
Transactions | Aug 5, 2020 Catella European Student Housing Fund II makes Berlin and Greater Paris acquisitions by Released Berlin-based Catella Residential Investment Management (CRIM) has expanded the investment volume of the Catella European Student Housing Fund II (CESHF II) to approximately €150 million ($178 million) with the acquisition of two student residences in Berlin and Greater Paris for approximately €60 million ($71 million).
