Research | Nov 18, 2024 Urban retail rising in prime U.S. corridors by Mike Consol Urban retail is on the rise in U.S. cities.
Transactions | Nov 18, 2024 Hines acquires Onyx portfolio from SEGRO European Logistics Partnership by Released Hines announced the acquisition of the Onyx portfolio in France on behalf of the HEPP (Hines European Property Partners) fund from SEGRO, on behalf of SELP (SEGRO European Logistics Partnership).
Transactions | Nov 18, 2024 Pictet, Brunswick relaunch Lindu with acquisition of 75,000sqm last-mile logistic portfolio by Released Pictet Alternative Advisors (PAA), an independent unit within the Pictet Group, and Brunswick Real Estate are relaunching Lindu with the acquisition of a 75,000-square-meter (807,000-square-foot) last-mile logistic portfolio.
Transactions | Nov 18, 2024 Castle & Cooke secure $140m for class A power center in Corona, Calif. by Denise Moose Castle & Cooke has secured $140 million in financing for Crossings at Corona, a class A, 833,995-square-foot retail power center in Corona, Calif.
Research | Nov 18, 2024 Commercial real estate investment volume stabilizes at $90b in Q3 by Elise Mackanych Commercial real estate (CRE) investment volume stabilized at $90 billion in the third quarter, according to a third quarter report by CBRE.
Research | Nov 18, 2024 CRE transaction volume expected to increase in 2025 by Elise Mackanych After several years of decade lows for global commercial real estate transaction volume, 2025 may bring higher transaction volumes, according to a report by Oxford Economics.
Transactions | Nov 15, 2024 CapitaLand Ascendas REIT announces its first green-certified logistics distribution property in the U.S. by Kali Persall Singapore’s CapitaLand Ascendas REIT Management is developing its first green-certified logistics distribution property in the United States for S$94.8 million ($70.5 million).
Transactions | Nov 15, 2024 GIC divests U.K. shopping center stake at $208m loss by Jennifer Molloy GIC, Singapore’s sovereign wealth fund, has sold its 50 percent stake in U.K. shopping center Westquay to Hammerson, a U.K. REIT, for £135 million ($172 million), representing a loss of £164 million ($208 million) from GIC’s 2007 purchase price of £299 million ($380 million), according to Singapore’s The Business Times.
Research | Nov 15, 2024 European colocation data center vacancy rate to fall below 10% for the first time by Marek Handzel The European colocation data center vacancy rate is forecast to fall below 10 percent for the first time in the sector’s history by the end of 2024.
Transactions | Nov 15, 2024 PGIM provides $120m for acquisition of Jacksonville, Fla., industrial portfolio by Released PGIM Real Estate announced it has provided a $120 million loan on behalf of its core debt strategy to Stonepeak for the acquisition of a nine-asset industrial portfolio in Jacksonville, Fla.
Transactions | Nov 15, 2024 QuadReal acquires U.S. manufactured housing portfolio for $330m by Released QuadReal Property Group (QuadReal), a global real estate investment, operating and development company, acquired an eight-asset manufactured housing portfolio located across the key U.S. markets of Austin, Dallas, Orlando and Salt Lake City.
People | Nov 15, 2024 Aksia bolsters real assets team with addition of Michael Brand by Kali Persall Michael Brand has joined Aksia, strengthening its real assets platform.
Investors | Nov 15, 2024 Virginia Retirement System commits $200m to Quad CP Fund II by Elise Mackanych The Virginia Retirement System (VRS) has committed $200 million to QuadCP Fund II, a vehicle of Quad Capital Partners.
Transactions | Nov 14, 2024 PRP closes $291m financing of five-property logistics portfolio by Kali Persall PRP, a Washington, D.C.–based investment management firm focused on credit net-lease investments, has closed on a $291 million single-asset, single-borrower CMBS loan backed by a five-property logistics portfolio.
Research | Nov 14, 2024 Target allocations to real estate to decline in 2025 by Jennifer Molloy After remaining flat for two consecutive years, institutional target allocations to real estate are expected to decrease in 2025, according to the 2024 Institutional Real Estate Allocations Monitor, the 12th annual published by Hodes Weill & Associates and Cornell University’s Baker Program in Real Estate.
