Newsline

CapitaLand India Trust (CLINT) has entered into an agreement to divest CyberVale in Chennai and CyberPearl in Hyderabad to an unrelated third party for INR11,031 million (approximately S$161.7 million/$125.12 million).

KSL Capital Partners has acquired The Westin Hilton Head Island Resort & Spa through its Tactical Opportunities Fund. Terms of the transaction were not disclosed.

GTIS Partners and RISE, a real estate development and management company specialized in student housing, have plans to expand their joint venture to develop RISE Auburn, a premiere student housing community servicing the students of Auburn University.

Affinius Capital and Axonic Capital have formed a strategic partnership, which will deliver mid-market first mortgage financing for new development projects, funded through Axonic’s insurance platform.

Cologix, a network-neutral interconnection and hyperscale edge data center company in North America, has acquired full ownership of TOR4, a purpose-built hyperscale data center in Toronto, through the purchase of CIM Group’s partnership interests.

Australian Retirement Trust (ART) has appointed Kathy Vincent as its new CEO after the resignation of David Anderson, according to a Linkedin post.

CareTrust REIT has acquired two care homes in the United Kingdom for about $27 million.

Royal London Asset Management Property  (RLAM) has acquired Coca-Cola’s undeveloped land at Brackmills Industrial Estate in Northampton, England, to develop a £340 million ($460 million) logistics hub, according to Estates Gazette.

The California Public Employees’ Retirement System (CalPERS) has reviewed its commitments to real assets in its quarterly investment commitment report for the first quarter 2025.

The Washington State Investment Board (WSIB) has committed $400 million in a follow-on investment to Evergreen Real Estate Partners, according to meeting materials from Sept. 18, 2025.

The San Diego City Employees’ Retirement System (SDCERS) has been recommended an updated version of its FY2026 Real Estate Investment Plan, according to meeting materials from Sept. 11.

Traditional real estate capital raising is expected to remain challenging. Continuation vehicles (CVs) give investors a clear choice: to cash out or stay invested. The market has been characterized by a more difficult fundraising environment and limited distributions. A primary motivation for the increased use of CVs is to provide liquidity and to limit selling high-quality assets into a difficult market. In addition, CVs are being fueled by the appeal of reduced risk, more predictable returns and lower fees.

In times of stress and uncertainty, vacillating and higher interest rates, and bad fortunes for certain property sectors, the private credit sector gains traction for its nimbleness and its ability to seize opportunities while extracting the highest perceived risk-to-reward profile. How high in the capital stack do you want to go on an iffy office building?

The case for investing in value-added funds is not immediately obvious. INREV’s quarterly fund index data show core funds generally outperform by 50 basis points to 230 basis points, in terms of annualised rolling total returns. Quarterly internal rates of return (IRR) data for closed-end, value-added funds show significant variations of performance from the index’s sample of 50 funds to 90 funds.

As global capital recalibrates for resilience and long-term value, the Asia Pacific region is emerging as the epicenter of strategic growth. Amid the volatility in Western markets and a shifting macroeconomic landscape, Asia Pacific offers not only diversification but dynamism and momentum.

As ecommerce and consumption rates continue to boom with no signs of slowing, the Asia Pacific logistics sector is rushing to meet the needs of the exponentially evolving industry.

 CBRE Investment Management (CBRE IM), on behalf of a fund sponsored by the firm, has acquired AMS CityDocks, a state-of-the-art last-mile distribution center strategically located on the western edge of Amsterdam, between the city, Port of Amsterdam and Schiphol Airport.

M&G Investments has appointed Ruth Jackson as head of U.K. investment management in its £34 billion ($46 billion) real estate investment division.

Knight Frank’s analysis of the United Kingdom’s Industrial Outdoor Storage (IOS) market has found that growing demand from an increasingly diverse occupier group has seen the sector’s prime rents increase 36 percent over the past two years. This period has also seen the average IOS site size required rising, with 36 percent growth in London and the South East over the past 18 months — from 2.3 to 3.1 acres — with maximum requirements climbing 39 percent, 3.3 to 4.6 acres.

Greystar has started construction of its fourth build-to-rent (BTR) community in Victoria, Australia, a new $360 million development located in Melbourne’s inner-city suburb of Kensington.