People | Jan 15, 2020 Hopson chairman resigns, daughter to lead Guangzhou developer by Andrea Zander Chu Mang Ye has resigned as the chairman and executive director of Hopson International Development Holdings after managing the company since he founded the firm in 1992.
Research | Jan 15, 2020 Apartment completions to surge in 2020 by Released After the U.S. apartment stock grew more than 2 million units during the past decade, the volume of annual completions will climb further as the 2020s begin.
Fundraising | Jan 15, 2020 Masdar launches first Green REIT in UAE by Andrea Zander Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy and sustainable real estate companies, has announced the launch of a sustainable real estate investment trust.
Investors | Jan 15, 2020 Risk in the multifamily sector in a late-cycle environment by Loretta Clodfelter As commercial real estate enters a late-cycle environment, questions about risk are at the forefront of investors’ minds. Compared to other property types, the multifamily sector may be more insulated from cyclical upheaval.
Investors | Jan 15, 2020 Dallas ERS clocks a 14.75% return on real estate assets for 2019 by Kali Persall The Employees’ Retirement Fund of the City of Dallas (ERF) has reported a 17.51 percent return on its investment portfolio in 2019, increasing the pension fund’s assets under management from $3.3 billion to $3.65 billion.
Transactions | Jan 15, 2020 Aviva Investors pays $130m for new London Docklands hotel by Released Aviva Investors has acquired the freehold interest of a site in London through its Lime Property Fund for £106 million ($130 million/€124 million).
Transactions | Jan 15, 2020 LaSalle acquires office building in Frankfurt’s Westend by Released LaSalle Investment Management has acquired a prime office building Morrow in Frankfurt’s Westend.
Investors | Jan 15, 2020 Two San Jose pension funds seek investment consultant by Kali Persall Two pension funds with the city of San Jose, Calif., are seeking proposals for general investment consulting services.
Transactions | Jan 15, 2020 Starlight multifamily fund sells three apartment properties by Kali Persall Starlight U.S. Multi-Family (No. 1) Value-Add Fund has sold three multifamily properties to Clearwater U.S. Multi-Family.
Transactions | Jan 15, 2020 German investor acquires Brisbane office tower by Andrea Zander Germany-based Deka Immobilien has acquired the office located at 66 Eagle Street in Brisbane, Australia, for A$370 million ($256 million).
Transactions | Jan 15, 2020 M&G acquires logistics in Italy by Released M&G Real Estate has acquired a class A gold logistics asset in the Veneto region of Northern Italy from Prologis for €24 million ($27 million).
People | Jan 15, 2020 Paladin Realty adds ex-Hines executive to its Brazilian investment team by Released Paladin Realty Partners has hired Julian Villacorta as managing director to be based in its São Paulo, Brazil, office.
Fundraising | Jan 15, 2020 Bridge Investment Group to invest $4.5b in multifamily housing by Released Bridge Investment Group and its subsidiaries Bridge Multifamily Fund Manager, Bridge Debt Strategies Fund Manager, and Bridge Development Fund Manager have raised and plan to deploy $4.5 billion of equity over the next three years.
Investors | Jan 15, 2020 Iowa pension intends to launch fund manager RFP this week by Kali Persall Iowa Public Employees’ Retirement System (IPERS) is planning to launch a request for proposal this week in search of a fund manager for its private real assets portfolio.
People | Jan 15, 2020 Peakside names new managing director by Released Peakside Capital Advisors has appointed Frank Schäfer as managing director and head of business development.
Research | Jan 15, 2020 U.K. multifamily: $357m transacted in Q4 brings total investment in 2019 to $3.12b by Andrea Zander About £273.8 million (€320 million/$357 million) was invested into the United Kingdom’s multifamily housing sector (build to rent) in the fourth quarter, bringing the total investment in 2019 to £2.4 billion (€2.8 billion/$3.57 billion), according to CBRE in its U.K. Multifamily Investment MarketView for Fourth Quarter 2019 report.
Fundraising | Jan 15, 2020 Qualitas launches new construction debt fund by Kali Persall Australian investment manager Qualitas is seeking A$750 million ($517 million) in capital commitments for its new construction debt fund.
Investors | Jan 15, 2020 Bell Partners discloses shareholder transition to strengthen ownership structure by Andrea Zander Bell Partners has announced a change in its shareholder structure, effective immediately.
Investors | Jan 15, 2020 Defense in an uncertain market by Denise DeChaine The rise and fall of interest rates recently have everyone wondering what is going to happen and how do I prepare and protect my investments in the long run?
Research | Jan 15, 2020 KKR releases 2020 global macro outlook by Released KKR has released its 2020 Global Macro Outlook piece by Henry McVey, Head of Global Macro and Asset Allocation.
