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Research | Oct 2, 2019
Institutional investment into the residential sector globally reached $110 billion in first half 2019, a year on year (yoy) increase of 9 percent, at a time when investment into all other major asset classes saw a decline, according to Savills Global Living report. Investment into the global residential sector has risen rapidly, increasing by 56 percent over the past five years, making it now the second most popular asset class for real estate investment, after offices.
Research | Oct 2, 2019
More than two in five (41 percent) real estate professionals in Europe believe their industry is unprepared to deal with cyber attacks, according to new research commissioned by Drooms, a European provider of secure cloud solutions.
Transactions | Oct 1, 2019
Boston Properties and Canada Pension Plan Investment Board (CPPIB) have formed a joint venture to develop Platform 16, a 1.1 million-square-foot class A urban office campus near Diridon Station in downtown San Jose.
People | Oct 1, 2019
Lennar Multifamily Communities (LMC), a wholly owned subsidiary of Lennar, the largest single-family home builder in the United States, has hired Kevin Harrell as managing director, head of business development and investor relations.
Fundraising | Oct 1, 2019
BMO Real Estate Partners, part of Canada’s BMO Financial Group’s €228 billion ($248 billion) global asset management business, has raised €250 million ($272 million) for its for Best Value Europe II fund.