Research | Apr 20, 2020 Sentiment survey: Australian hotel industry and the impact of COVID-19 by Andrea Zander Hotel owners and operators in Australia are currently looking at an empty horizon, uncertain when the first signs of a resumption of business and leisure travel will come into view, according to a sentiment survey conducted by Horwath HTL Singapore, in partnership with AHS Advisory.
Transactions | Apr 20, 2020 Henderson Park acquires four Berlin offices by Released Henderson Park, a pan-European private equity real estate platform, has announced that it has completed the acquisition of four class A office properties within the distinct Schützenquartier in Berlin Mitte.
Investors | Apr 20, 2020 Mill Creek Residential and QuadReal Property Group form $421m programmatic JV by Andrea Zander Mill Creek Residential has formed a programmatic joint venture with QuadReal Property Group.
Research | Apr 20, 2020 European logistics CRE: outdated assets won’t ride growth momentum by Andrea Zander COVID-19 impacts represent one of six fundamental factors behind the growth momentum of European logistics, alongside growth in e-commerce, end-customer demands, supply chain optimization, a supply-demand/supply imbalance, and new urban developments, reported Scope Group.
REITs can offer unique opportunities for investors by Kali Persall Real estate investment trusts, or REITs, have historically topped the list as one of the best performing asset classes. While there are many theories about the unique advantages of REITs François Forget, executive vice president of business developments and strategic initiatives at Presima, has boiled it down to three key points.
Research | Apr 20, 2020 Houston office market stumbles by Andrea Zander Coming into 2020, the Houston office market was poised to navigate headwinds, according to Transwestern.
The economic and investment market implications of the coronavirus outbreak by Shane Oliver The global spread of COVID-19 has increased the risk of greater economic disruption for longer, resulting in, say, a 20 percent fall in stock markets. Our base case of containment, however, is that Chinese, global and, hence, Australian growth will rebound in the second quarter (avoiding recession in Australia’s case), although the risk of a delay is significant.
Research | Apr 17, 2020 Wells Fargo: Retail decline larger than expected by Andrea Zander U.S. retail sales declined by 8.7 percent in March, the largest on record, setting up consumer spending to be a major drag on GDP growth in the second quarter.
Investors | Apr 17, 2020 WSIB invests $750m in Crane Capital Partners by Kali Persall The Washington State Investment Board (WSIB) has made a follow-on commitment of $750 million to Hong Kong–based real estate manager Crane Capital Partners.
Fundraising | Apr 17, 2020 High Street Real Estate Fund VI holds $500m final close by Kali Persall High Street Real Estate Fund VI, managed by High Street Logistics Properties, has raised $500 million at its final close.
Research | Apr 17, 2020 Office-using employment weathers early stages of COVID-19 downturn by Andrea Zander The COVID-19 pandemic and sharp economic downturn will lead to rapidly increasing unemployment over the next quarter and higher office vacancies in the near term, reported CBRE.
Research | Apr 17, 2020 U.S. single-family rental home market poised for near-term growth opportunities by Released Ongoing consumer demand for housing will position single-family residential (SFR) rentals as an investment portfolio standout, predicts SVN | SFRhub Advisors, a commercial real estate brokerage firm dedicated solely to SFR and build-for-rent (BFR) portfolios.
Transactions | Apr 17, 2020 Helical agrees €56m office investment sale in London by Released Helical, with The Baupost Group, has exchanged contracts on the sale of 90 Bartholomew Close in the City of London, to La Francaise Real Estate Partners International (LF REPI), a pan-European investment business acting on behalf of a French collective real estate investment vehicle.
Transactions | Apr 17, 2020 Threestones Capital invests in German nursing home by Released Threestones Capital has closed one of the largest single transactions in the healthcare property market in Germany in recent years, acquiring a nursing home and assisted living complex in Dortmund, Germany.
People | Apr 17, 2020 Singapore Elite Partners Capital hires U.K. head by Released Elite Partners Capital, the Singapore-based investor, has appointed James Tootell as head of asset management, based in London.