Investors | Feb 5, 2020 CA Ventures launches medical office and life sciences division by Released CA Ventures has launched a medical office and life sciences division, and the firm has appointed of Russell Brenner as president of the new entity.
Investors | Feb 5, 2020 United Nations Joint Staff Pension Fund searches for consultant by Kali Persall United Nations Joint Staff Pension Fund has launched a request for expressions of interest (EOI) for a consultant to support and advise on the governance structure of the fund.
People | Feb 4, 2020 Redevco appoints new managing director U.K. by Released Redevco has appointed Andrew Foulds as managing director U.K.
Fundraising | Feb 4, 2020 Boutique firm targets Berlin property market with new fund by Kali Persall Boutique real estate investment firm Optimum Asset Management, has launched its fourth German real estate fund.
Fundraising | Feb 4, 2020 Santa Monica firm closes first real estate fund at $412m by Kali Persall Redcar, a Santa Monica, Calif.–based real estate investment firm, has raised $412 million for its first real estate fund.
Investors | Feb 4, 2020 Frasers Property signs BBP’s Climate Change Commitment in the UK by Andrea Zander Frasers Property U.K. has signed the Better Buildings Partnership’s (BBP) Climate Change Commitment.
Transactions | Feb 4, 2020 Patrizia buys proptech platform BrickVest by Released Germany-based Patrizia has bought London-based online real estate investment platform BrickVest.
Research | Feb 4, 2020 UBS unveils real estate outlook by Kali Persall In a newly published real estate outlook, UBS Asset Management outlined several key themes among property sectors that inform the company’s portfolio and property decisions.
Transactions | Feb 4, 2020 Suburban Boston industrial property sells for $355m by Andrea Zander Clarion Partners has paid $355 million for the 830,000-square-foot industrial building at 135 American Legion Highway in the Boston suburb of Revere, Mass.
Transactions | Feb 4, 2020 Hanover Property acquires 966 acres in Texas for $950m master-planned development by Andrea Zander Hanover Property Co. has acquired 966 acres of land for a $950 million master-planned development in Midlothian, Texas.
Transactions | Feb 4, 2020 Korean real estate asset manager buys Pyeongtaek Logistics Center by Andrea Zander Korean real estate asset manager Pebblestone Asset Management will acquire BLK Pyeongtaek Logistics Center in South Korea from a KKR-led consortium.
Investors | Feb 4, 2020 NYSTRS appoints real estate consultant by Kali Persall The New York State Teachers Retirement System (NYSTRS) has selected Callan Associates to serve as the system’s real estate consultant.
Investors | Feb 4, 2020 Indiabulls Real Estate approves proposal of merger by Andrea Zander Indiabulls Real Estate (IBREL) has approved proposal of merging several ongoing residential and commercial projects of Embassy Property Developments with itself.
Research | Feb 4, 2020 €281b invested in European commercial real estate, sets new record by Andrea Zander An exceptional fourth quarter 2019 saw the year set a new record for investment in in commercial real estate Europe, reported BNP Paribas Real Estate.
Research | Feb 4, 2020 Robust demand keeps U.S. multifamily vacancy low by Andrea Zander The overall U.S. multifamily vacancy rate fell to 4.1 percent in the fourth quarter, down 40 basis points year-over-year and the lowest fourth quarter level since 2000, reported CBRE.
Investors | Feb 4, 2020 RMZ Corp. makes $1b JV with Mitsui Fudosan by Andrea Zander RMZ Corp., a Bengaluru, India–based privately owned real estate company, has formed a 50-50 partnership of up to $1 billion with Tokyo-based Mitsui Fudosan (Asia) Pte Ltd.
Transactions | Feb 4, 2020 King Street Real Estate, Westdale and Cedar Capital purchase hotel for $120m by Andrea Zander A joint venture between King Street Real Estate, Westdale Properties and Cedar Capital Partners has acquired the Shelborne South Beach Hotel in Miami Beach, Fla., for $120 million.
Transactions | Feb 4, 2020 Blackstone makes largest ever real estate deal in Japan for $2.8b by Andrea Zander Blackstone Group is to reacquire a portfolio of rental apartments in Japan for ¥300 billion ($2.8 billion).
People | Feb 4, 2020 Australia’s Future Fund CEO departs by Released David Neal, CEO of the Future Fund Management Agency, which manages the Australian sovereign wealth fund, will shortly be leaving the organization to take up a new career opportunity.
Transactions | Feb 4, 2020 BKM Capital acquires 11-property industrial portfolio for $425m by Andrea Zander BKM Capital Partners has acquired a portfolio containing 11 industrial properties located in Phoenix, Northern California, Southern California, and Portland, Ore.
