Investors | May 12, 2020 China’s logistics segment to recover faster than other property types by Andrea Zander China’s logistics property segment is expected to recover faster than other property types, as more and more investors fundraise capital to invest in the segment, showing the logistics warehousing market has not been materially impacted by COVID-19.
Transactions | May 12, 2020 Catella APAM acquires first data center by Released Trinity House Investments and asset manager Catella APAM have acquired a 106,000-sqaure-foot data center in west London.
Transactions | May 12, 2020 Fabege buys Stockholm office property from CapMan Nordic Real Estate by Released Fabege has acquired Påsen 1 in Hammarby Sjöstad from CapMan Nordic Real Estate.
Research | May 12, 2020 CBRE: Q1 2020 capital markets figures by Released First quarter 2020 investment volume increased by 8.1 percent year-over-year to $116.5 billion and was bolstered by portfolio and entity-level sales.
Research | May 12, 2020 Airbnb booking data points to sooner recovery in U.S. by Released Airbnb bookings in the United States are rebounding at an accelerating rate, implying a possible V-shaped recovery for short-term rental bookings, and potentially the accommodations industry and even the wider economy.
Transactions | May 11, 2020 DWS acquires warehouse in Singapore by Andrea Zander Deutsche Bank’s asset management arm has acquired a warehouse asset in western Singapore, marking its first major logistics acquisition of the year.
Investors | May 11, 2020 Louisiana Teachers invests in Crow Holdings Realty Partners IX by Kali Persall The Teachers’ Retirement System of Louisiana (TRSL) has made a commitment of $50 million to a value-add real estate fund managed by Crow Holdings Capital Partners.
Transactions | May 11, 2020 Goldin Financial Holdings sells residential site at $340m loss by Andrea Zander Goldin Financial Holdings has agreed to sell a residential site on Hong Kong’s former airport at a HK$2.6 billion ($340 million) loss, due to the uncertain outlook in the property market and the overall economic downturn in Hong Kong.
Fundraising | May 11, 2020 $300m in seed capital allocated for AgIS Farmland Club Fund by Kali Persall The AgIS Farmland Club Fund, an open-end fund managed by AgIS Capital, has received $300 million in seed capital from two U.S. pension funds.
Research | May 11, 2020 Real estate private funds are better positioned for this downturn by Douglas Weill, Hodes Weill & Associates, and John M. Ferguson, Goodwin Procter Today’s real estate funds should fare better than those that faced the challenges of navigating the global financial crisis (GFC) storm.
Transactions | May 11, 2020 Chancerygate and Hines JV pre-sells 25% of Nottingham industrial scheme by Released A joint venture between Chancerygate and Hines has pre-sold almost a quarter of its 18-unit, 156,812-square-foot Trent Gateway industrial and warehouse development in Beeston, near Nottingham, England.
People | May 11, 2020 John Slade joins Allianz Real Estate as senior advisor by Andrea Zander Allianz Real Estate has appointed John Slade as a senior advisor.
People | May 11, 2020 Nuveen adds to alternatives business development team by Released Nuveen has added two new members for its alternatives business development team.
Transactions | May 11, 2020 Warburg-HIH Invest acquires logistics real estate portfolio by Released Warburg-HIH Invest Real Estate has acquired a portfolio of four new-build logistics warehouses in Germany.
People | May 11, 2020 Jonathan Turnbull joins Harrison Street by Andrea Zander Jonathan Turnbull has joined Harrison Street as managing director, head of Canadian transactions and business development.
People | May 11, 2020 Alliance Global Advisors appoints new board members by Released Alliance Global Advisors’ has appointed four new board members, Paul Dolinoy, Gloria Gil, Micolyn Magee and Christina Scarlato.
Businesses and pension plans face growing pressure to adapt in the COVID-19 era by Geoffrey Dohrmann Every day I receive dozens of notices from various companies providing guidance on how they are dealing with the COVID-19 pandemic, as well as what they think the likely outcome for real estate investments will be.
Building a new environment by Marek Handzel The long-term financial sense of sustainable, climate-proofed buildings is becoming increasingly apparent, according to Rolf Zarnekow, head of real estate at Aquila Capital.
Research | May 8, 2020 Job losses reach levels not seen since Great Depression by Loretta Clodfelter The U.S. economy lost 20.5 million jobs and the unemployment rate hit rose to 14.7 percent in April, according to the Bureau of Labor Statistics, amid the COVID-19 pandemic.
Research | May 8, 2020 Warsaw office market to regain equilibrium by Andrea Zander In first quarter 2020, gross take-up for office space in Warsaw amounted to 139,800 square meters (1.5 million square feet), down by 0.5 percent on the same period in 2019, according to Cushman & Wakefield.