Transactions | Jan 9, 2020 Prologis completes $4b acquisition of Industrial Property Trust by Released Prologis has completed the acquisition of the wholly owned real estate assets of Industrial Property Trust for approximately $4 billion in cash, including the assumption and repayment of debt.
Investors | Jan 9, 2020 Rhode Island pension fund seeks investment consultant by Kali Persall The Rhode Island–based Woonsocket Policeman’s and Fireman’s Closed Pension Fund has launched a search for an investment consultant.
Fundraising | Jan 9, 2020 Oak Street Real Estate Capital Fund V anticipates first close at end of January by Kali Persall Chicago-based Oak Street Real Estate Capital has revealed plans to hold a first close for its fifth value-added fund.
Transactions | Jan 9, 2020 Bain Capital Credit acquires 13 real estate assets in Italy by Andrea Zander Bain Capital Credit has acquired 13 real estate assets across Italy.
Transactions | Jan 9, 2020 CARROLL and PGIM Real Estate forms JV to acquire off-market South Florida acquisition by Released CARROLL and PGIM Real Estate has formed a joint venture to acquire Verona View Apartments in Fort Lauderdale, Fla.
Transactions | Jan 9, 2020 Clarion Gramercy continues Pan-European deployment with Berlin warehouse purchase by Released Clarion Gramercy has acquired a 20,000-square-meter (215,000-square-foot) logistics warehouse in Großbeeren, south of Berlin, on behalf of a commingled fund.
Transactions | Jan 9, 2020 Round Hill Capital, Blackstone sell residential property portfolio for €1.3b by Andrea Zander Funds advised by Blackstone Tactical Opportunities and Round Hill Capital have exchanged contracts to sell the shares of a residential property portfolio in the Czech Republic owned and operated by RESIDOMO to Heimstaden Bostad AB for a total purchase price of €1.3 billion ($1.44 billion).
Transactions | Jan 9, 2020 CT Realty JV set to develop 5.7msf logistics park in Columbus by Released CT Realty JV set to develop 5.7msf logistics park in Columbus, Ohio.
Transactions | Jan 8, 2020 Fairstead finances 905-unit NYC portfolio by Released Fairstead has announced the financing of a 905-unit portfolio of subsidized housing across nine properties (49 buildings) in New York City.
Research | Jan 8, 2020 South Korea investment into Europe over 120% higher in 2019 by Released South Korean investment into Europe grew by 122 percent year-on-year in 2019 to €12.5 billion ($13.9 billion) from €5.6 billion ($6.2 billion in 2018), according to the most recent data from Savills.
Research | Jan 8, 2020 People are happy overall in their co-working space by Andrea Zander People are happy overall in their co-working space, showing that businesses don’t need a traditional office space to have satisfied employees, according to a new survey from Clutch.
Investors | Jan 8, 2020 JBG SMITH teams up with CBRE co-space platform Hana by Released JBG SMITH has teamed up with Hana, a subsidiary of CBRE Group.
Transactions | Jan 8, 2020 Jamestown acquires large mixed-use building in the Netherlands by Andrea Zander Jamestown has acquired Rotterdam’s historic Groot Handelsgebouw, its first large-format acquisition in Europe.
Fundraising | Jan 8, 2020 Oaktree Capital Management opportunities fund hits $1b by Kali Persall A year after hitting the market, Los Angeles–based Oaktree Capital Management has raised $1.054 billion for its fund.
Transactions | Jan 8, 2020 Union Investment to buy Polish hotel developments as seed portfolio for new fund by Kali Persall Union Investment has agreed to pay €86 million ($96 million) for two planned hotel properties in Poland as the seed portfolio for the new special fund UII EuropeanM.
Transactions | Jan 8, 2020 M7 Real Estate fully invests fifth value-add fund by Kali Persall M7 Real Estate has fully invested its fifth value-add European investment fund.
Transactions | Jan 8, 2020 DivcoWest and CalSTRS buy 49% stake in San Francisco office building by Kali Persall DivcoWest and the California State Teachers’ Retirement System (CalSTRS) have paid $186.2 million for a 49 percent stake in a San Francisco office building, sources familiar with the matter have revealed.
Transactions | Jan 8, 2020 GIC increases stake in Dexus Australian Logistics Trust by Andrea Zander GIC has acquired an additional 24 percent interest in Dexus Australian Logistics Trust core portfolio, increasing GIC total investment to 49 percent.
Investors | Jan 8, 2020 Shapoorji Pallonji realty arm to set up warehousing investment platform by Andrea Zander Shapoorji Pallonji Real Estate has plans to set up a $600 million Indian warehouse investment platform in partnership with sovereign wealth fund Abu Dhabi Investment Authority.
Investors | Jan 8, 2020 San Francisco ERS to back industrial fund with $75m commitment by Kali Persall San Francisco Employees’ Retirement System (ERS) has disclosed a $75 million commitment to a fund managed by Cabot Properties.
