Investors | Jul 7, 2020 How U.S. pension funds are faring amid COVID-19 by Kali Persall As COVID-19 continues to sweep across the United States, many pension systems are restructuring their investment strategies to help mitigate the financial effects of the pandemic.
Fundraising | Jul 7, 2020 Brasa Capital closes first credit vehicle by Kali Persall Brasa Capital Management has closed its first credit vehicle.
Transactions | Jul 7, 2020 Sun Venture to acquire One New Oxford Street in first U.K. acquisition by Andrea Zander Sun Venture has exchanged contracts to purchase One New Oxford Street in London from Nuveen Real Estate, on behalf of Central London Office Fund and British Airways Pension Trustees Ltd.
Investors | Jul 7, 2020 Colony Capital forms $3.5b partnership digital infrastructure by Released Vantage Data Centers, a provider of hyperscale data center campuses, and an investor group led by Colony Capital have entered into a definitive agreement to form a strategic partnership valued at $3.5 billion.
Transactions | Jul 7, 2020 Singapore investors buy office in Melbourne CBD for $101m by Andrea Zander TE Capital Partners, the investment arm of Singaporean developer Tong Eng Group, has partnered with Singapore-listed builder Roxy-Pacific Holdings to buy an office building in Melbourne’s central business district.
Transactions | Jul 7, 2020 Ballymore exchanges on Broadwalk Shopping Centre in north London by Released Property development company Ballymore has exchanged contracts to acquire the Broadwalk Shopping Centre in Edgware, north London, from Aberdeen Standard Investments.
Research | Jul 7, 2020 Savills ranks London, Paris and Berlin as cities most resilient to COVID-19 by Released While the exact magnitude of COVID-19 and its effect on the real estate investment market still remain uncertain, some European cities are already emerging as more resilient than others, according to Savills.
Transactions | Jul 7, 2020 LPC West and Cerberus acquire 30 acres for planned industrial campus by Released LPC West, the West Coast arm of national real estate firm Lincoln Property Co., together with an affiliate of Cerberus Capital Management, has acquired nearly 30 acres in Oceanside, Calif.
People | Jul 7, 2020 AEW appoints Jeremy Convert to head of investments, France by Released AEW has promoted Jeremy Convert to head of investments, France.
Transactions | Jul 7, 2020 PGIM Real Estate strengthens logistics allocation of European core strategy by Released PGIM Real Estate has acquired five logistics assets in Germany.
Fundraising | Jul 7, 2020 BNP Paribas REIM launches European healthcare platform by Andrea Zander BNP Paribas REIM has launched Healthcare Property Fund Europe (HPF Europe) in first half 2020 with initial equity commitments close to €200 million ($226 million).
Transactions | Jul 7, 2020 Opus, Principal to develop multifamily property in Denver by Andrea Zander The Opus Group and joint venture partner Principal Real Estate Investors announced today the start of construction on a new multifamily development near Empower Field at Mile High in Denver.
Transactions | Jul 6, 2020 CIM Group to develop office building in Boston by Released CIM Group, in partnership with Nordblom Co., has topped out the construction of a 235,000-square-foot class A office building at 321 Harrison Ave. in Boston’s South End.
Research | Jul 6, 2020 Cushman & Wakefield releases life science report by Andrea Zander Cushman & Wakefield has released its report on impacts to the life science sector resulting from COVID-19.
Fundraising | Jul 6, 2020 London co-living fund secures $212m in investment capital by Kali Persall COLIV, an independent fund managed by DTZ Investors, has gathered £170 million ($212 million) of investment capital, following a recent commitment from Liverpool, England–based Merseyside Pension Fund.
Fundraising | Jul 6, 2020 Rialto Real Estate Fund IV – Debt surpasses $750m in fundraising by Kali Persall Rialto Capital Management has raised $757.9 million for its Rialto Real Estate Fund IV – Debt fund.
People | Jul 6, 2020 UC Investments’ senior managing director for real estate retires by Kali Persall Gloria Gil has retired from her position as senior managing director for real estate at the University of California, CIO Jagdeep Singh Bachher announced on June 28.
Transactions | Jul 6, 2020 Digital Realty launches development of second data center in Hong Kong by Released Digital Realty has developed a new, carrier-neutral data center in a purpose-built facility in Hong Kong that will be named Digital Realty Kin Chuen (HKG11).
Transactions | Jul 6, 2020 Qianhai Authority acquires new substantial shareholder of BHG Retail REIT by Released Qianhai Authority, a statutory body of Qianhai Cooperation Zone in China, has, through its wholly owned subsidiary, Qianhai International Holdings, has emerged as a new substantial shareholder of BHG Retail REIT.
Transactions | Jul 6, 2020 Hines partners with DNR to enter Bangalore office sector by Released Hines has entered a Bangalore, India, office development through a tie-up with DNR Group.