Transactions | Jan 6, 2020 Madison International closes on recapitalization of Urban American N.Y. multifamily portfolio by Released Madison International Realty has closed on the recapitalization of a $275 million New York multifamily portfolio with Urban American.
People | Jan 6, 2020 Baytree Logistics Properties appoints Philippe Rougé as head of France by Released Baytree Logistics Properties, a pan-European logistics and industrial development platform launched by AXA IM – Real Assets in 2015, has appointed Philippe Rougé as head of France.
Investors | Jan 6, 2020 Holyoke Retirement System looks to commit $20m to value-add/opportunistic funds by Kali Persall The Holyoke (Mass.) Contributory Retirement System is looking to invest in a value-add/opportunistic open-end and/or closed-end real estate portfolio.
Transactions | Jan 6, 2020 Dalfen plans 2.8msf industrial spec project in Orlando by Andrea Zander Dalfen Industrial has purchased a 243-acre undeveloped parcel in Orlando, where it has plans for a 2.8 million-square-foot speculative industrial project.
Transactions | Jan 6, 2020 Bed Bath & Beyond inks $250m sale-leaseback with Oak Street Capital by Andrea Zander Bed Bath & Beyond has completed a $250 million sale-leaseback deal with an affiliate of Oak Street Real Estate Capital.
Research | Jan 6, 2020 London, New York and Singapore rated top 3 metros in Heitman Real Estate Securities Group’s Annual Global Prime Securities Strategies Market Rankings by Andrea Zander This year’s metro rankings were topped by London, New York and Singapore, according to Heitman’s Real Estate Securities Group (HRES).
Investors | Jan 6, 2020 Two steps forward: Renewables and the openness that comes with greater transparency is driving Asian infrastructure investing well into the 21st century by Joel Kranc The Asian infrastructure story over the past 10 years is essentially two stories in one. On the one hand, the region’s road networks, for example, have been growing at about a 5 percent annual rate — much faster than in other developing nations or regions.
Research | Jan 6, 2020 Why invest in REITs? by Denise DeChaine For those that are unaware, simply put, a publicly traded REIT is a company that primarily invests in real estate, trades publicly on a stock exchange and must distribute 90 percent of its taxable income to investors as dividends.
Research | Jan 3, 2020 2019 to be record-breaking year for investment volume in France by Andrea Zander By third quarter 2019, France attracted investment of more than €23 billion ($25.7 billion), a 26 percent gain on the same period of 2018, according to Savills in its third quarter December report.
Transactions | Jan 3, 2020 CIM Group enters Memphis market by Andrea Zander CIM Group has acquired its first office tower in Memphis for $76.4 million, reported multiple media outlets.
Transactions | Jan 3, 2020 CLS sells U.K. office portfolio for €76m by Andrea Zander CLS has sold a portfolio of 19 regional offices in the United Kingdom to Elite Capital Partners for €76.3 million ($85.2 million).
Transactions | Jan 3, 2020 British Land acquires 25% of West One for €64m by Andrea Zander British Land has acquired a 25 percent share of West One, a 92,000-square-foot mixed-use scheme on London’s Oxford Street for €63.7 million ($71 million).
Transactions | Jan 3, 2020 Three developers acquire $166m affordable housing portfolio in NYC by Andrea Zander A partnership between LIHC Investment Group, Belveron Partners and Camber Property Group has acquired a 1,275-unit affordable housing portfolio in the Bronx, N.Y., for $166 million from Cammeby’s International Group.
People | Jan 3, 2020 Brunel Pension Partnership appoints CEO by Kali Persall U.K.-based Brunel Pension Partnership has promoted Laura Chappell, the pension pool’s former compliance and risk officer, to CEO.
Investors | Jan 3, 2020 Ohio Highway Patrol fund invests in U.S. real estate by Kali Persall The $925 million Ohio State Highway Patrol Retirement System has made a $15 million follow-on commitment to a value-add fund managed by Long Wharf Capital.
Investors | Jan 3, 2020 Editors share insights and discuss highlights from 2019’s Editorial Advisory Board by Loretta Clodfelter Over the past few months, investors, managers and consultants convened at the Editorial Advisory Board meetings for each of Institutional Real Estate, Inc.’s regional publications, gathering to discuss the latest issues facing the real estate investment industry.
Research | Jan 3, 2020 A look at Asia Pacific real estate investment trends by Seng-Hong Teng Heading into a new decade, real estate markets in Asia Pacific have experienced strong investment flows amid accommodative monetary policies and the rising appeal of real estate as a viable alternative investment sector.
Investors | Jan 3, 2020 How the euro zone’s structural flaws affect real estate performance by Randall Zisler The euro is deeply flawed. During the GFC, the single currency deepened the crisis, and impaired the speed of recovery of real estate markets in Europe.
Investors | Jan 2, 2020 Senior Housing Trust changes name by Andrea Zander Senior Housing Properties Trust (SNH) has changed its name to Diversified Healthcare Trust.
Transactions | Jan 2, 2020 Howard Hughes Corp. acquires two office campuses in Houston for $565m by Andrea Zander The Howard Hughes Corp. has acquired two class AAA office towers, warehouse space and developable land in The Woodlands®, Texas, from Occidental.
