People | Jul 13, 2020 UBS Asset Management appoints new U.K. asset Manager by Released UBS Asset Management (UBS-AM) Real Estate & Private Markets (REPM) has appointed Jonathan Ufton as an asset manager for its U.K. real estate team, based in London.
Transactions | Jul 13, 2020 Clarion Partners and Crow Holdings partnership to develop 7msf industrial project by Andrea Zander Clarion Partners and Crow Holdings Capital, in partnership with Rob Riner Cos., have acquired 556 acres in South Forth Worth to develop a state-of-the-art industrial and logistics park totaling approximately 7 million square feet.
Has the U.S. become a renter nation? by Denise DeChaine The United States has experienced changes in how people live and work. The younger generations are getting married and having children later in their lives, and this has caused a shift in the multifamily market.
History suggests major cities will continue to thrive in a post-pandemic world by Milan Khatri A key question is whether the experience of the pandemic and economic shutdowns will change the nature of urbanization and real estate demand in the future.
People | Jul 10, 2020 CenterPoint Properties appoints new executive VP, CFO by Released CenterPoint Properties announced it has appointed Christopher Papa as executive vice president, CFO.
Investors | Jul 10, 2020 NYSCRF backs new Fairfield Residential fund with $600m commitment by Kali Persall The $210.5 billion New York State Common Retirement Fund (NYSCRF) committed $600 million to the Fairfield Create Core Multifamily Fund in May.
Research | Jul 10, 2020 Senior housing occupancy decreases sharply in second quarter due to COVID-19 by Released Senior housing occupancy fell 2.8 percentage points in the second quarter of 2020 from 87.7 percent to 84.9 percent, according to new data from NIC MAP Data Service provided by the National Investment Center for Seniors Housing & Care (NIC).
Transactions | Jul 10, 2020 AEW acquires Wakefield site from Caddick Developments for U.K. logistics development venture by Released AEW and Allianz Real Estate, acting on behalf of several Allianz group companies, have completed the acquisition of Wakefield 515 in West Yorkshire, England.
Transactions | Jul 10, 2020 Logistics Capital Partners breaks ground on first logistics asset in Belgium by Kali Persall One year after making its first acquisition in Nivelles, Belgium, Logistics Capital Partners (LCP) has broken ground on a 30,000-square-meter (323,000-square-foot) warehouse in the region.
Research | Jul 10, 2020 Contraction and integration of supply chains to lead to structural shifts in European logistics market by Released Significant shifts in global trade from recent events such as the U.S.-China trade conflict and the COVID-19 pandemic may cause the global economy to become less integrated, resulting in relocations of manufacturing hubs closer to target markets.
Investors | Jul 10, 2020 Teachers' Retirement System of Louisiana commits $125m to two real estate funds by Kali Persall Teachers' Retirement System of Louisiana (TRSL) has approved $125 million in commitments to two real estate funds.
Transactions | Jul 10, 2020 CBRE Global Investors acquires two class A office buildings in San Jose by Released A fund sponsored by CBRE Global Investors has acquired two class A office buildings in San Jose.
Research | Jul 10, 2020 Reports of the demise of the office are exaggerated by Released Fears that offices will no longer be needed in the wake of the COVID-19 outbreak are overblown, and investors should keep an eye out for pricing opportunities, according to Savills Investment Management (Savills IM), the international real estate investment manager.
Investors | Jul 9, 2020 Nebraska plans $54m commitment to Torchlight’s latest debt fund by Kali Persall The Nebraska Investment Council (NIC) is planning to allocate $54 million to a closed-end real estate debt fund managed by Torchlight Investors.
People | Jul 9, 2020 Cushman & Wakefield names new CEO of Americas by Andrea Zander Andrew McDonald has taken over as chief executive of Americas for Cushman & Wakefield.
Investors | Jul 9, 2020 PPHE Hotel Group to open 80% of its European properties by the end of July by Released PPHE Hotel Group is welcoming guests safely back to its hotels following the launch of its 20-step “Reassuring Moments” program, working alongside Radisson Hotel Group.
Investors | Jul 9, 2020 San Francisco City & County Employees backs Blackstone’s $5b real estate debt fund by Kali Persall San Francisco City & County Employees’ Retirement System has committed $50 million to Blackstone Group’s Real Estate Debt Strategies IV fund.
Fundraising | Jul 9, 2020 LEM Multifamily Fund V holds final close by Kali Persall LEM Multifamily Fund V, a value-add fund managed by LEM Capital, has closed.
Research | Jul 9, 2020 Industrial real estate demand to grow to 1b square feet by 2025 by Andrea Zander The COVID-19 pandemic and the shelter-in-place policies that ensued have accelerated e-commerce growth and the need for warehouse space across the nation. JLL expects e-commerce sales could hit $1.5 trillion by 2025 — which would increase the demand for industrial real estate to an additional 1 billion square feet.
Investors | Jul 9, 2020 Tennessee Consolidated commits $200m to Carlyle Property Investors by Kali Persall Tennessee Consolidated Retirement System (TCRS) has committed $200 million to an open-end, core-plus real estate fund managed by Carlyle Group.
