Transactions | Jul 17, 2019 Bain Capital sells San Diego campus for $255m by Released Bain Capital Real Estate and Phase 3 Real Estate Partners have sold a premier, class A life science campus in San Diego.
Research | Jul 17, 2019 Core funds of funds outperform noncore, continuing years of stable performance by Andrea Zander Last year was a good year for funds of funds, seeing a return of 6.7 percent in 2018 — the sixth consecutive year of positive performance — according to the latest ANREV/INREV Funds of Funds Study. Though slightly down on the 8.4 percent in 2017, funds of funds continued to deliver positive returns to investors, whether broken down by style, structure, regional strategy or size.
Investors | Jul 17, 2019 Allianz and QUEST Investment Partners form JV by Andrea Zander Allianz and QUEST Investment Partners have formed a new 50-50 joint venture to acquire Focus Teleport.
People | Jul 17, 2019 Ines Leung appointed as head of investor relations at Argosy by Kali Persall Ines Leung has been appointed as head of investor relations at Argosy Capital Real Estate Partners (AREP), the opportunistic real estate investment firm told IREI on Tuesday.
Transactions | Jul 17, 2019 Dutch asset manager purchases multitenant office building by Kali Persall MN, one of the largest pension administrators and asset managers of and for Dutch pension funds, has purchased a multitenant office building in the Netherlands from Sechzigste Sachwert Holland GmbH & Co KG.
Transactions | Jul 17, 2019 Argosy Real Estate Partners invests in Scottsdale hotel development project by Kali Persall Argosy Real Estate Partners has made a controlling investment in a hotel development project in Scottsdale, Ariz.
Investors | Jul 16, 2019 Teachers’ Retirement System of Louisiana commits $50m to student housing fund by Kali Persall The $20 billion Teachers’ Retirement System of Louisiana (TRSL) has committed $50 million to a joint venture vehicle managed by Clarion Partners and Campus Apartments.
Investors | Jul 16, 2019 Lendlease launches A$400m China senior living project by Andrea Zander Lendlease has expanded its presence in Asia with the launch of its first flagship senior living development near Shanghai, worth approximately A$400 million ($281 million).
Investors | Jul 16, 2019 Bain Capital invests $300m in D&J China by Andrea Zander U.S.-based Bain Capital Credit has committed an investment of $300 million in D&J China.
Transactions | Jul 16, 2019 Medical Properties Trust makes $1.75b investment in hospital facilities by Released Medical Properties Trust as entered into definitive agreements with two new operators and completed a transaction with a third new operator involving in the aggregate 24 hospital facilities for a total investment of approximately $1.75 billion.
Transactions | Jul 16, 2019 Argosy and CW Urban to develop class-A multifamily property in Salt Lake City by Kali Persall Argosy Real Estate Partners (AREP), in partnership with Utah-based luxury townhome developer CW Urban, has acquired a 0.9-acre parcel of land for a planned class-A multifamily property in downtown Salt Lake City.
Transactions | Jul 16, 2019 Korean consortium to acquire Austria’s largest hotel by Andrea Zander A South Korean brokerage consortium led by Meritz Securities Co. has acquired Austria’s largest hotel for $375 million.
Transactions | Jul 16, 2019 Benson Elliot acquires class-A Polish office building by Released Benson Elliot, a private equity real estate fund manager based in London, has acquired the newly-completed Diamentum office building in Wroclaw, Poland.
Transactions | Jul 16, 2019 Harworth Group disposes of three engineered land parcels in England by Released Harworth Group, a leading regenerator of land and property for development and investment, has sold three separate parcels of engineered residential land on two of its major developments in Yorkshire, England.
Transactions | Jul 16, 2019 Prologis acquires Black Creek Group investment platform for $4b by Andrea Zander Prologis has acquired Black Creek Group, a Denver-based real estate investment manager and development firm with a more than 25-year history.
Investors | Jul 16, 2019 Tishman Speyer and Bellco Capital launch global life sciences real estate platform by Andrea Zander Tishman Speyer and Bellco Capital, an investment firm founded by biotechnology entrepreneurs Drs. Rebecka and Arie Belldegrun, have formed Breakthrough Properties.
Transactions | Jul 16, 2019 Tristan Capital Partners acquires €100m office portfolio in Lisbon by Kali Persall London-based private equity company Tristan Capital Partners has acquired an office portfolio of seven buildings in Lisbon, Portugal, for €100 million ($112 million).
Research | Jul 16, 2019 CBRE: Scoring tech talent in North America 2019 by Andrea Zander More than 6 million highly skilled workers across the United States and Canada comprise the tech talent that is leading global innovation, according to CBRE.
Transactions | Jul 16, 2019 AXA Investment makes second office investment in Oakland by Released AXA Investment Managers – Real Assets has completed, on behalf of a client, the acquisition of 180 Grand Avenue, a 279,000-square-foot office asset located in downtown Oakland, Calif.
Research | Jul 16, 2019 Store closures to top 12,000 in 2019 by Andrea Zander The pace for store closures continues. Thus far 7,062 store closures have been announced by U.S. retailers this year, according to tracking by Coresight Research.
