Tim Shine: The secret to attracting and retaining talent by Kali Persall A common misconception when it comes to the hiring process is that compensation is the most important attractor. However, this is one small piece of a much larger puzzle, says Tim Shine, principal at Shine Associates.
Transactions | Jun 16, 2020 Catella Dutch Fund sells residential complex in Rijswijk for €42m by Released Panta Rhei Dutch Residential Fund as sold a residential tower with 160 rental apartments in Rijswijk, Netherlands, to an investor for €42.5 million ($47.8 million).
Transactions | Jun 16, 2020 Nuveen Real Estate’s European logistics platform acquires a distribution center in Germany for over €60m by Released Nuveen Real Estate, one of the world’s largest investment managers, has acquired a prime distribution center in the Kamp-Lintfort area of Germany on behalf of its European logistics platform for in excess of €60 million ($67 million).
Research | Jun 16, 2020 ICSC: Wellness companies add vitality to tenant mix by Andrea Zander Post-pandemic, the International Council of Shopping Centers (ICSC) advises landlords to consider untap the opportunities in wellness sector.
Research | Jun 16, 2020 Consumer sentiment rises in June by Andrea Zander The preliminary reading of the consumer-sentiment survey rose to 78.9 in June from 72.3 in May, marking the second straight increase.
Transactions | Jun 15, 2020 COIMA buys seven properties in Milan by Released COIMA RES has signed a binding agreement for the acquisition of a stake in the real estate fund Porta Nuova Gioia, managed by COIMA SGR, which owns Gioia 22, a property currently being developed at Via Melchiorre Gioia 22 in Milan.
Fundraising | Jun 15, 2020 Maya Capital launches U.K. retail fund by Kali Persall Specialist real estate investment management firm Maya Capital has launched a new investment fund targeting retail assets in need of regeneration in the United Kingdom.
Investors | Jun 15, 2020 CalPERS discloses three real assets commitments in Q1 2020 by Kali Persall The $386 billion California Public Employees’ Retirement System (CalPERS) has made several commitments to real estate on behalf of its real assets portfolio in first quarter 2020.
Transactions | Jun 15, 2020 Hines receives refinancing for Orange County office campus by Released JLL Capital Markets has arranged a $182 million refinancing for Intersect, a four-building, mid-rise, class A office campus totaling 452,060 square feet in Irvine, Calif.
Research | Jun 15, 2020 Latest multifamily data shows rents falling, card payments rising and little turnover despite increase in traffic by Released The COVID-19 pandemic continued to affect the U.S. multifamily market in May.
Investors | Jun 15, 2020 District of Columbia Retirement Board approves $60m commitment to Artemis fund by Kali Persall The $7.7 billion District of Columbia Retirement Board (DCRB) has approved a commitment of up to $60 million.
Investors | Jun 15, 2020 Legal & General and Bromford enter €111m partnership to deliver affordable homes by Released LGIM Real Assets has provided £100 million (€111 million/$126 million) in deferred long-term financing to Bromford Housing Group, the largest provider of affordable homes across central and southwest England.
Transactions | Jun 15, 2020 M7 Real Estate sells German industrial portfolio by Released M7 Real Estate, acting on behalf of M7 European Real Estate Investment Partners IV, has sold a light industrial property in Ottobrunn, Germany.
Research | Jun 15, 2020 Construction starts post small gain in May by Released Total construction starts rose 3 percent from April to May to a seasonally adjusted annual rate of $595.1 billion, following a 25 percent decline the previous month, according to Dodge Data & Analytics.
Fundraising | Jun 15, 2020 The Meridian Group opens Meridian Realty Partners IV to investors by Kali Persall The Meridian Group has launched a new $200 million real estate fund.
Research | Jun 15, 2020 Serviced apartments may lead the way once European hotel sector starts to recover from COVID-19 by Released Serviced apartments in Europe have not been immune to the COVID-19 crisis but have shown some degree of relative out-performance compared to other hotel sectors, according to Savills.
People | Jun 15, 2020 Hines hires head of logistics for Europe by Released Logan Smith will be joining Hines in a new role as head of logistics for Europe.
Transactions | Jun 15, 2020 AXA IM - Real Assets begins construction of flagship Munich office development by Released AXA Investment Managers – Real Assets has launched the construction of The Mark, its flagship new office development in Munich.
Investors | Jun 15, 2020 Alpha Investment Partners, Manulife and Mega Manunggal Property launch Indonesian logistics property venture by Released Alpha Investment Partners, PT Asuransi Jiwa Manulife Indonesia (a subsidiary of Manulife Financial Corp.) and PT Mega Manunggal Property Tbk (MMP) have entered into a new venture which will focus on Indonesia’s fast-growing logistics property sector.
Fundraising | Jun 12, 2020 Arrow Capital launches $690m Australian SIRE fund, focused on industrial assets by Kali Persall Arrow Capital is marketing a new A$1 billion ($690 million) industrial property fund, known as the Strategic Industrial Real Estate (SIRE) Australia fund.
