Research | Jan 28, 2020 Growth of short-term rentals continues to disrupt hotel sector by Released The short-term rental industry will expand to roughly 650,000 actively rented units in the United States this year, equal to 12.2 percent of the country’s hotel-room supply, as the fast-growing sector further expands in suburban, rural and resort markets.
Research | Jan 28, 2020 San Diego industrial market records 10th straight year of occupancy growth by Andrea Zander The San Diego industrial market showed that since racking up occupancy gains of 700,000 square feet (sf) in the second quarter of 2019.
Research | Jan 28, 2020 Smaller tenants support larger gains as office job markets soars in L.A. by Andrea Zander Smaller leases dominated the office market in Los Angeles, reported CBRE in its fourth quarter 2019 report.
Fundraising | Jan 28, 2020 Time Equities raises $128m for fourth fund by Andrea Zander Time Equities has raised more than $128.64 million for its fourth fund.
Research | Jan 28, 2020 German secondary cities highly favored by foreign investors by Released Germany takes pole position in the acquisition strategies of European real estate investors, according to the findings of a recent survey of 150 institutional property investors in Germany, France and the United Kingdom by Union Investment.
Fundraising | Jan 28, 2020 HANSAINVEST launches Europe logistics fund by Andrea Zander HANSAINVEST Real Assets GmbH has launched HANSA Europe Logistic Fund (HELF), an open-ended special AIF for high-quality project developments and existing properties in the logistics sector.
Research | Jan 28, 2020 Five U.S. cities where affordability improved the most by Released First American Financial Corp., a global provider of title insurance, settlement services and risk solutions for real estate transactions.
Transactions | Jan 28, 2020 Pebblebrook Hotel Trust sells two hotels for $331m by Andrea Zander Pebblebrook Hotel Trust has sold two hotels.
Investors | Jan 28, 2020 Nearly 200 Hyatt Hotels expected to open in the Americas region by 2022 by Released Hyatt Hotels Corp. has plans to grow its Americas brand portfolio with the expected opening of more than 50 full-service and select-service hotels in 2020 and the addition of more than 140 additional hotels to its pipeline of hotels expected to open by 2022.
Transactions | Jan 28, 2020 Mapletree Logistics Trust buys logistics center in Tokyo for $200m by Andrea Zander Sazanka Tokutei Mokuteki Kaisha, which is indirectly wholly-owned by Mapletree Logistics Trust (MLT), has entered into a conditional trust beneficial interest sale and purchase agreement with Ajisai TMK, an associate of Mapletree Investments Pte, to acquire the trust beneficial interest of Mapletree Kobe Logistics Center, in the port city of Kobe, south of Tokyo.
Investors | Jan 27, 2020 New regulations effect and target foreign investors by Andrea Zander On Jan. 13, 2020, the U.S. Department of the Treasury published two final rules (Final Rules, found here and here) that implement most of the remaining provisions of the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA).
Research | Jan 27, 2020 Scottish commercial property investment exceeds €2.3b in 2019 by Released Investment in Scottish commercial property remained resilient despite a dip in volumes amid political and macroeconomic challenges, according to Knight Frank.
Transactions | Jan 27, 2020 Invesco invests in BTR development in England by Released Invesco Real Estate, on behalf of Invesco Real Estate’s U.K. Residential program, has invested £73.8 million (€87.5 million/$96.4 million) to forward-fund a build-to-rent (BTR) development in southeast England.
Investors | Jan 27, 2020 Crow Holdings announces formation of office development company by Released Crow Holdings has formed Crow Holdings Office.
Fundraising | Jan 27, 2020 Bouwinvest raises €340m for funds in 2019 by Released Bouwinvest attracted a total of €340 million ($375 million) in new capital commitments in 2019 for its Dutch residential, retail and office funds.
Transactions | Jan 27, 2020 AEW acquires Baseler Palais office building in Frankfurt by Released AEW has acquired Baseler Palais, an office building in Frankfurt Am Main, Germany, on behalf of AEW Europe Value Investors II. A sales price was not disclosed.
Fundraising | Jan 27, 2020 Areim exceeds target, raises €685m for fourth fund by Andrea Zander Areim AB has achieved a final closing for its latest value-add Nordic real estate fund.
Fundraising | Jan 27, 2020 PATRIZIA holds €263m final close by Andrea Zander PATRIZIA AG has a held a final close for its fund, according to the IREI FundTracker database.
Investors | Jan 27, 2020 Q&A: Affordable housing president discusses the misconceptions of the sector by Andrea Zander Jonathan Needell, president and CIO of KIMC, a California-based real estate investment company that specializes in affordable and workforce housing units, discusses the constraints to affordable housing and looming misconceptions surrounding this corner of the residential real estate market.
Investors | Jan 27, 2020 Boston pension fund commits $50m to real estate by Andrea Zander The $5.1 billion Boston Retirement System has committed $50 million to real estate funds as part of a real estate fund search, according to the pension’s Dec. 18 board meeting minutes.
