Research | Oct 7, 2020 CMBS special servicing rate records highest rate since May 2013 by Released The overall CMBS special servicing rate is the highest rate recorded since May 2013.
Transactions | Oct 7, 2020 Korean investor acquires Orange County luxury office by Andrea Zander Korea Investment & Securities Co. has acquired a luxury office building in Orange County, Calif.
Transactions | Oct 7, 2020 DFI enters Dutch market with €200m project by Released Deutsche Finance International, a pan-European private equity real estate investor, has acquired a major €200 million ($235 million) residential-led development project.
Investors | Oct 7, 2020 GIC invests $285m in Australian fund by Andrea Zander EG Funds Management has successfully secured a project agreement with global long-term investor, GIC.
Investors | Oct 7, 2020 U.K. pension fund makes €439m Investment by Andrea Zander Universities Superannuation Scheme has agreed to the terms of a major investment in bp’s freehold property estate of 199 U.K. forecourts.
Fundraising | Oct 7, 2020 Jonathan Rose Cos. raises $525m for latest affordable housing impact fund by Kali Persall Jonathan Rose Cos. has closed on $525 million in capital commitments.
Transactions | Oct 7, 2020 M&G Real Estate makes third acquisition in Swedish logistics sector by Released M&G Real Estate has made a €36 million ($42 million) logistics acquisition in Norrköping, southwest of Stockholm.
People | Oct 7, 2020 Harbert Management announces promotions as part of leadership transition plan by Released Harbert Management Corp. (HMC) has announced several promotions.
Fundraising | Oct 6, 2020 Fifth Wall and BNP Paribas launch European proptech fund by Kali Persall Fifth Wall has partnered with BNP Paribas Real Estate to launch its business in Europe.
Fundraising | Oct 6, 2020 Schroder and Octopus Real Estate hold second close for U.K. Retirement Living Fund by Kali Persall Schroder Real Estate and Octopus Real Estate have announced the second close for their closed-end private real estate fund.
Investors | Oct 6, 2020 Arkansas Teachers backs Kayne Anderson, PGIM real estate funds by Kali Persall The Arkansas Teacher Retirement System (ARTRS) is looking to commit $90 million to two real estate funds, according to a document from the board’s Sept. 28 meeting.
Investors | Oct 6, 2020 FCPT forms $150m strategic venture with Lubert-Adler by Released Four Corners Property Trust (FCPT) has formed a strategic venture to invest up to $150 million with Lubert-Adler Real Estate Funds.
Transactions | Oct 6, 2020 Crow Holdings sells industrial property in Atlanta by Released Crow Holdings Industrial (CHI), the industrial development company of Crow Holdings, has sold a 234,000-square-foot, class A distribution building in Atlanta to TA Realty.
People | Oct 6, 2020 Executive director of Maryland’s pension system to retire by Kali Persall R. Dean Kenderdine, executive director of the $58 billion Maryland State Retirement and Pension System (MSRPS), has notified the board of trustees of his plans to retire next year.
Research | Oct 6, 2020 U.K. hotel investment reaches €1.8b by Andrea Zander U.K. hotel investment in the first nine months of 2020 reached £1.63 billion (€1.8 billion/$2.1 billion).
Research | Oct 6, 2020 European self-storage occupancy levels increase to 80% by Andrea Zander The latest data shows there are now 4,831 self-storage facilities across Europe, providing nearly 10.5 million square meters (113 million square feet) of self-storage space.
California’s Central Valley: A hidden gem? by Denise DeChaine The Central Valley is California’s fastest-growing and most-affordable region.
People | Oct 6, 2020 Colliers International appoints new managing director for Japan business by Released Colliers International has appointed Yukihiro Ogasawara as managing director and chairman – Japan.
Transactions | Oct 6, 2020 LOGOS acquires first Vietnam development site in Greater Hanoi by Released LOGOS has completed its first acquisition in Vietnam.
Transactions | Oct 6, 2020 Century Bridge announces investment in $103m Taicang, China, residential project by Released Century Bridge Capital has invested in a second Chinese middle-income, residential project in Taicang, China, with Hong Kong–listed developer Jingrui.