Investors | Oct 30, 2019 Indiana PRS commits $75m to Prologis U.S. logistics fund by Kali Persall The Indiana Public Retirement System (PRS) has committed $75 million to a fund managed by Prologis.
Research | Oct 30, 2019 Climate risk in private real estate portfolios: What’s the exposure? by Released MSCI has released its Climate risk in private real estate portfolios: What’s the exposure? report.
Transactions | Oct 30, 2019 $300m U-M research and education center to anchor 14-acre Detroit center for innovation by Released Michigan Governor Gretchen Whitmer, Detroit Mayor Mike Duggan and Wayne County executive Warren Evans joined together with Stephen M. Ross, philanthropist and chairman of Related Cos., Matt Cullen, CEO of Bedrock, and University of Michigan (U-M) President Mark Schlissel to announce plans for a 14-acre Detroit Center for Innovation (DCI) in downtown Detroit.
People | Oct 30, 2019 Trammell Crow Co. names new head of capital markets by Released Tommy Lee has been promoted to head of capital markets at Trammell Crow Co.
Transactions | Oct 30, 2019 Trez Capital-Hines partnership acquires first self-storage property by Released Trez Capital, with its partner Hines, has acquired a four-building, 235,400-square-foot self-storage facility at 525 N Ave. in Plano, Texas.
People | Oct 29, 2019 Mary Ludgin named PREA’s 2019 Graaskamp Award Recipient by Released The Pension Real Estate Association awarded the James Graaskamp Award to Dr. Mary Ludgin at PREA’s 29th Annual Institutional Investor Conference in Washington, D.C.
Research | Oct 29, 2019 20-year study of major pension funds: REITs outperform unlisted real estate investments by Andrea Zander U.S. equity REITs delivered higher returns for pension funds than unlisted real estate over a 20-year period, according to new research released today.
Research | Oct 29, 2019 Demand for industrial space is stronger than ever by Andrea Zander Demand for industrial space is stronger than ever across the United States, as e-commerce and third-party logistics businesses keep expanding their operations, despite the late-stage business cycle and increasing trade tensions, reported Yardi Matrix.
Investors | Oct 29, 2019 Denmark pension funds to boost real estate, real assets investments by Kali Persall Fueled by negative interest rates, six of Denmark’s eight biggest pension funds are planning to bolster their real estate and real assets portfolios.
Investors | Oct 29, 2019 Adani partners with Digital Realty to set up data centers in India by Andrea Zander Adani, an Indian conglomerate with interests in coal mining and renewable energy, has partnered with U.S.-based Digital Realty to develop and operate data centers, data center parks and evaluate undersea cable providers across India.
Fundraising | Oct 29, 2019 Swiss Life Asset Managers launches European income and growth fund by Kali Persall Swiss Life Asset Managers has launched its European Thematic Income & Growth Fund.
Fundraising | Oct 29, 2019 Turner Impact Capital launches second multifamily housing fund by Released Turner Impact Capital has launched a second multifamily housing fund.
Investors | Oct 29, 2019 TMG Partners raises $220m in separate account by Andrea Zander TMG Partners has closed on $220 million in a separate account to invest in value-add commercial real estate in the Bay Area.
Transactions | Oct 29, 2019 REIT buys more casinos in $843m deal by Andrea Zander Vici Properties has agreed to a sale-leaseback transaction with Jack Entertainment in an $843 million deal.
Research | Oct 29, 2019 Logistics most favored real estate asset class in China in the next 12 months by Andrea Zander About half of global fund managers, investors and other real estate industry professionals believe logistics will be the best real estate asset class for investment in China during the next 12 months, according to a poll of delegates at the annual conference of the Asian Association for Investors in Non-Listed Real Estate Vehicles (ANREV), held in Beijing in October. The conference saw 300 attendees, many of whom represent the world’s largest real estate investors, managers and service providers.
Investors | Oct 29, 2019 WeWork’s Chinese rival eyes end-year U.S. IPO by Andrea Zander Ucommune, China’s biggest shared workspace provider, has filed a confidential prospectus with the U.S. Securities and Exchange Commission as it seeks an initial public offering (IPO) before the end of the year, reported Reuters.
Investors | Oct 29, 2019 Oyo opens 100 hotels in partnership with SoftBank in Japan by Andrea Zander Indian hospitality unicorn Oyo’s Japanese arm has launched operations in more than 100 hotels across Japan in a joint venture with majority investor SoftBank Group Corp.
Investors | Oct 29, 2019 South Korean institutional investors plan to boost real estate allocation in 2020 by Andrea Zander For real estate, 52.4 percent of the respondents plan to boost investment in 2020.
Research | Oct 29, 2019 Resort assets remain top target among investors by Andrea Zander Over the past five years, resorts have been the darling of the hotel investment community, influenced by consumer focus on experiential travel and an affinity toward lodging assets with an authentic local feel, according to JLL Hotels & Hospitality’s Global Resort Report: Three-Part Series.
Research | Oct 28, 2019 South Korean property investment in Europe hits record €6.2b in H1 2019 by Andrea Zander South Korean investors have spent €6.2 billion ($6.88 billion) on European property in the first half 2019, the highest figure on record, according to Savills. The activity of South Korean investors is also increasing in Poland.
