Transactions | Apr 6, 2020 Shanghai office sells for $440m by Andrea Zander China Reinsurance has completed the acquisition of a newly completed commercial property in Shanghai’s Lujiazui area for RMB 3.09 billion ($440 million).
Transactions | Apr 6, 2020 Lone Star spends $1.9b on majority stake in hotel company by Andrea Zander Lone Star Funds has agreed to acquire Japanese hotel chain Unizo for $1.9 billion, which started marketing its office and hotel assets as part of a capital recycling program.
Transactions | Apr 6, 2020 Transwestern to build 217 micro apartment units in West Palm Beach, Fla. by Andrea Zander An affiliate of Transwestern Development Co. has lined up $30 million of construction financing for the development of an apartment project in West Palm Beach, Fla.
Transactions | Apr 6, 2020 Hines completes sale of Stuttgart office asset by Released Hines has completed the sale of Stuttgarter Tor, an office asset in Stuttgart, Germany, on behalf of the Hines European Value Fund.
Research | Apr 6, 2020 Multifamily construction experiencing construction delays by Andrea Zander More than half (55 percent) of multifamily construction firms are currently experiencing construction delays in the jurisdictions where they operate, according to responses in a survey conducted by the National Multifamily Housing Council (NMHC).
Research | Apr 6, 2020 Asian investors dominate investment capital in Poland’s Q1 2020 by Andrea Zander Throughout the first quarter of 2020, the total transaction volume on the commercial real estate market in Poland exceeded €2.4 billion ($2.6 billion), according to preliminary results by Avison Young. Asian investors dominated investment volume in terms of capital origin, with a particular focus on the industrial sector.
Parts of China’s housing market look promising, but first there’s a virus to vanquish by Mard Naman What is happening in China’s vast residential market? In 2019, price growth clearly slowed down, while still remaining positive.
Planned commitments to real estate shift downward in late-cycle environment by Loretta Clodfelter In April, we will release the Institutional Investors Real Estate Trends report, based on the 24th annual survey of investors jointly conducted by Institutional Real Estate, Inc. and Kingsley Associates.
Investors | Apr 3, 2020 Ontario Teachers’ hits $207.4b in assets in 2019, posts 10.4% return by Kali Persall The Ontario Teachers’ Pension Plan recorded a 10.4 percent net return for 2019, according to a March 31 statement.
Fundraising | Apr 3, 2020 Citing pricing uncertainty, BlackRock and Schroders suspend trading in U.K. funds by Kali Persall BlackRock and Schroders have joined a host of major investors that have suspended trading in their real estate funds due to current market conditions.
Research | Apr 3, 2020 Strong Q1 for Dublin office market ahead of COVID-19 uncertainty by Andrea Zander Almost 100,000 square meters (1.08 million square feet) of office leasing transactions were signed in the Dublin market during first quarter 2020, according to CBRE.
Investors | Apr 3, 2020 Accor closes more than half of its hotels worldwide by Released More than half of Accor-branded hotels worldwide are closed, which will likely rise to more than two-thirds in the coming weeks.
Investors | Apr 3, 2020 BF.capital secures €300m debt investment mandate by Released BF.capital GmbH, a subsidiary of BF.direkt AG and an investment company for institutional investors in real estate debt, has received an individual contract of €300 million ($324 million) from a German insurance company.
People | Apr 3, 2020 Iowa Public Employee to welcome new CEO in May by Kali Persall This week Iowa Gov. Kim Reynolds appointed Gregory Samorajski as CEO of the Iowa Public Employee Retirement System (IPERS), effective May 1.
Transactions | Apr 3, 2020 USAA, USAA Real Estate close transaction for new ownership structure by Released USAA has closed the sale of its controlling interest in USAA Real Estate to the company’s management and a group of investors with deep industry expertise, a commitment to USAA’s values and the potential to help drive the real estate company to an even higher level of performance.
