Research | May 14, 2020 UBS: Impact of COVID-19 on European office markets, Edition 2 by Released Office rental levels are ultimately a product of the balance between occupational demand and office supply in a market, according to UBS.
Research | May 14, 2020 European office market set to slow with U-shaped recovery by Andrea Zander The European office market is starting to slow despite a positive start to 2020, according to Savills’ Spring 2020 European Office Outlook.
Certain office trends are likely to accelerate post-pandemic by James Dunn After a decade of strong returns, the office sector remains the most popular asset class in the Asia Pacific real estate markets — but change is definitely afoot for the sector coming into the 2020s.
Places are for people by Marek Handzel At the start of the year, Will Robson, global head of real estate solutions research at MSCI, suggested that 2020 may prove to be a watershed year in terms of the way investors consider real estate as an asset class.
Transactions | May 14, 2020 Intu Properties disposes of stake in Spanish shopping center by Kali Persall Intu Properties has sold its interest in Puerto Venecia, Spain’s largest shopping center in a transaction that was valued at €475.3 million ($514 million).
Research | May 13, 2020 U.S. Green Building Council unveils new strategy for post-COVID economic recovery by Kali Persall The U.S. Green Building Council (USGBC) has announced a new strategy designed to support buildings and communities in a post-pandemic world.
Transactions | May 13, 2020 Four Mile Capital makes first acquisition in state of Kentucky by Kali Persall Privately-held real estate investment firm Four Mile Capital (FMC) has acquired a 141-unit multifamily community in Louisville, Ky., for $22 million.
Transactions | May 13, 2020 Deutsche Investment KVG acquires Belle Époque assets in Berlin by Kali Persall Deutsche Investment KVG has acquired two residential properties in Berlin for a total of €12.5 million ($13.5 million) from a German investor.
Transactions | May 13, 2020 Invesco Real Estate JV receives financing for 2.4msf project by Released JLL Capital Markets has arranged equity and construction financing for DFW Park 161, a class A+ industrial park that will eventually total more than 2.4 million square feet at the Dallas-Fort Worth International Airport in Irving, Texas.
People | May 13, 2020 San Diego County names interim CEO by Kali Persall The San Diego County Employees Retirement Association (SDCERA) has appointed Stephen Sexauer as interim CEO.
Transactions | May 13, 2020 KBS sells luxury apartment community in Salt Lake City by Released KBS has sold Hardware Apartments, a 463,956-square-foot, class A luxury resort-style apartment community in Salt Lake City.
Research | May 13, 2020 Groundbreaking science to move out of the lab and into offices by Released The changing nature of health research could drive a surge in demand for high-quality office space in Scotland’s cities from the burgeoning life sciences sector, according to Knight Frank.
Transactions | May 13, 2020 KKR and Round Hill Capital sell residential apartment scheme in Utrecht by Released KKR and Round Hill Capital have sold, through their joint venture, a newly built residential scheme with 173 apartments in Utrecht, in the Netherlands.
Transactions | May 13, 2020 Tristan fund sells Rome office asset to Corum AM by Released Curzon Capital Partners IV, a real estate fund advised by pan-European investment manager Tristan Capital Partners, has completed the sale of an office facility in Rome.
Research | May 13, 2020 Net lease activity drops in first quarter 2020 by Released The net lease sector remains one of the most cyclically durable segments of the commercial real estate market, but it has felt the impact of the coronavirus pandemic, according to Avison Young.
Research | May 13, 2020 U.S. restaurant chain transaction declines improve for three consecutive weeks by Released Lingering tailwinds from government relief payments and the lifting of dine-in restrictions in states such as Georgia, Florida and Texas helped to improve U.S. restaurant chain transactions, which saw smaller declines in the week ending May 3, reported The NPD Group.
Research | May 12, 2020 Three major factors result in difficult recovery in Hong Kong by Andrea Zander The article discusses the effects of the U.S.-China trade war, social unrest and COVID-19, which also have affected the local unemployment rate.
People | May 12, 2020 Willis Towers Watson appoints Mark Calnan head of investments EMEA by Kali Persall Mark Calnan has been promoted to head of investments EMEA at Willis Towers Watson, according to several media sources.
Transactions | May 12, 2020 Logistics specialist expands €300m investment program to the Netherlands by Andrea Zander European project developer and logistics specialist Verdion acquired its first asset in the Netherlands for €17 million ($18.5 million). The transaction is part of a €300 million ($325 million) investment program.
Transactions | May 12, 2020 Orion European Fund cancels €400m retail parks portfolio acquisition by Released Hammerson has announced that Orion European Real Estate Fund V had notified the company that it did not intend to complete the purchase of a portfolio of seven retail parks.
