Research | Feb 6, 2020 Apartment communities with fitness centers hit all-time high during the past decade by Mike Consol Gyms and other fitness amenities are in demand from tenants, and real estate developers are offering a muscular response to that mandate. RENTCafe, a division of Yardi Matrix, has issued a report that found in 2019 some 92 percent of new rental buildings came with some type of gym or fitness amenity — and during the past decade gyms have been a regular fixture in around 90 percent of new apartment buildings.
Fundraising | Feb 6, 2020 Keppel Capital prepares fourth Pan-Asian real estate fund by Kali Persall Singapore-based Keppel Capital is gearing up to launch its fourth Pan-Asian property fund, targeting $1 billion, according to several industry news sources.
Investors | Feb 6, 2020 Denmark pension fund hits record returns, eases out of fossil fuels by Kali Persall ATP, Denmark’s largest pension fund, has posted a 39.7 percent return for its investment portfolio in 2019, amounting to DKK 40.7 billion ($6 billion).
Transactions | Feb 6, 2020 King Street Real Estate and Arax Properties pay €348m for London office by Andrea Zander King Street Real Estate and Arax Properties have completed the purchase of the Alban Gate office block in the City of London for £295 million (€348 million/$382 million).
Transactions | Feb 6, 2020 Barings grows European debt platform with €240m construction loan in Berlin by Released Barings, one of the world’s largest diversified real estate investment managers, announced that it has provided a €240.3 million ($263.9 million) floating rate senior loan to Mikare Group.
Research | Feb 6, 2020 Polish office sector sees record demand by Andrea Zander Last year saw excellent results in the office sector in Poland. Demand was a record-breaking 1.6 million square meters (17.2 square feet), reported JLL.
Investors | Feb 6, 2020 CA Ventures makes $325m investment in Latin American student housing by Andrea Zander CA International, the international division of CA Ventures, has invested $325 million to expand the firm’s multifamily and student housing presence in Latin America, specifically in the Mexico cities of Monterrey, Mexico City and Merida.
Research | Feb 6, 2020 MetaProp’s year-end 2019 PropTech Confidence Index shows high investor confidence by Andrea Zander Investor confidence continues to ride high behind robust deal flow, increasing M&A expectations and strong portfolio performance, according to the Global PropTech Confidence Index, MetaProp, a proptech venture firm.
Research | Feb 6, 2020 MSCI launches solution that enables investors to assess exposure to climate risk by Released MSCI has launched a solution to help investors assess their exposure to climate-related risks and opportunities.
Transactions | Feb 6, 2020 Hines and Acciona buy multifamily residential scheme in Madrid by Released Hines, the international real estate firm, has signed a forward purchase agreement for a 31,000-square-meter multifamily rental residential scheme in Madrid, on behalf of the flagship Hines European Value Fund 2 (HEVF 2).
People | Feb 6, 2020 Man GPM bolsters U.S. real estate team by Released Man Global Private Markets (Man GPM), Man Group’s private markets investment business, has announced three appointments as Man GPM continues to expand its presence in the U.S. real estate market.
Investors | Feb 6, 2020 Capital in Focus III: IREI’s 14th Annual VIP Americas Conference takeaways by Jonathan Schein Having returned from IREI’s 14th Annual VIP Americas Conference in Dana Point, Calif., there are several takeaways that are worth reviewing.
Research | Feb 6, 2020 Nontraded REITs complete banner year of fundraising by Mike Consol Sales of nontraded REITs totaled more than $4.2 billion in the fourth quarter of 2019, their ninth consecutive quarterly increase since fundraising hit a bottom in third quarter 2017, and their highest quarterly total in more than five years.
Research | Feb 5, 2020 Global investment volume falls by 2 percent in 2019 by Andrea Zander Global commercial real estate (CRE) investment volume in the fourth quarter, including entity-level deals, was nearly level (–0.5 percent) with fourth quarter 2018, while full-year volume fell by 2 percent from 2018.
Transactions | Feb 5, 2020 Ares Management acquires 2,900 residential units across Germany by Released A fund managed by Ares Management Corp. has acquired a portfolio of 2,900 residential units across several German cities, including top metropolises such as Berlin, Leipzig, Dresden, Essen and Dortmund.
People | Feb 5, 2020 Colliers International names new Asia Pacific head by Andrea Zander John Kenny has been appointed CEO Asia Pacific at Colliers International.
People | Feb 5, 2020 Former Savills CEO Jeremy Helsby joins Get Living by Released Get Living announced that Jeremy Helsby, former chief executive of Savills, has joined its supervisory board as non-executive chairman.
People | Feb 5, 2020 NREP opens office in London, makes new hire by Andrea Zander NREP, the Nordic real estate investor and innovator, has made its first hire in London and established an office in the U.K. capital.
Investors | Feb 5, 2020 Hines and QuadReal create €1.3b pan-European living JV by Released Hines and QuadReal Property Group have entered into a joint venture partnership.
Research | Feb 5, 2020 China remains by far the biggest potential investor in London by Andrea Zander London is set for an increase in commercial real estate investment in 2020 as international investors target the capital’s high-yielding office market, following the decisive 2019 U.K. General Election result.
