People | Oct 2, 2018 Ascentris promotes Jacqueline Vedra to CFO by Released Ascentris has promoted Jacqueline Vedra, CFA, CPA, to CFO.
Transactions | Oct 2, 2018 Greystar acquires multifamily property in Boston submarket from TA Realty JV by Released Greystar Real Estate Partners, a global investor, developer, and manager of high-quality rental housing properties, has acquired the 230-unit Ocean 650 on behalf of its real estate funds.
Fundraising | Oct 1, 2018 Airbnb’s China rival in talks to raise funds by Andrea Zander One of Airbnb’s biggest Chinese rivals is in talks with Singapore’s sovereign wealth fund and other investors for more than $200 million in new funding to take on Airbnb.
People | Oct 1, 2018 CBRE Global Investors expands credit strategies platform by Released Todd Sammann has joined CBRE Global Investors as an executive managing director to lead the credit strategies platform in the Americas.
People | Oct 1, 2018 Mark Steed named PSPRS’ CIO by Jody Barhanovich The Arizona Public Safety Personnel Retirement System has promoted Mark Steed to CIO.
Fundraising | Oct 1, 2018 Commodus launches €400m special AIF commercial real estate fund by Jody Barhanovich Commodus Real Estate Capital GmbH, an investment company, has launched its second real estate fund.
Research | Oct 1, 2018 Global economic sentiment declining by Jennifer Molloy Wondering how business executives around the world are feeling about current economic conditions? In a nutshell, sentiment is declining on the economy, particularly in emerging markets, and more businesses are looking to the United States for opportunities, according to a McKinsey & Co.’s Economic Conditions Snapshot, September 2018, a McKinsey global survey.
People | Oct 1, 2018 Green Courte Partners promotes Bill Glascott to CIO by Released Green Courte Partners has promoted Bill Glascott to CIO.
Fundraising | Oct 1, 2018 CBRE GI holds €1b final close for European value-add fund series by Jody Barhanovich CBRE Global Investors, a global real assets investment manager, has held a €1 billion ($1.16 billion) final close.
Transactions | Oct 1, 2018 Ascendas-Singbridge acquires SG data center by Andrea Zander Ascendas-Singbridge Group has entered into a conditional agreement to acquire 9 Tai Seng Drive, a six-story data center strategically located within Singapore’s core data center hub and largest network ecosystem in Tai Seng Industrial Estate.
Transactions | Oct 1, 2018 Barings enters U.K. PRS market by Released Barings Real Estate, part of Barings, has entered the U.K. private rented sector (PRS).
Transactions | Oct 1, 2018 Generali Real Estate enters Nordics property market with Copenhagen acquisition by Released Generali Real Estate S.p.A. has completed, on behalf of Generali Group’s GEIH (Generali Europe Investments Holding) Fund, the acquisition of a prime high-street retail asset in central Copenhagen.
Transactions | Oct 1, 2018 Singapore REIT increases U.K. presence by Andrea Zander Ascendas REIT has purchased a portfolio of 26 logistics properties in the United Kingdom for £257.5 million ($336 million).
Transactions | Oct 1, 2018 South Korean consortium buys Microsoft U.K. HQ campus for £100m by Andrea Zander U.K. property investment manager Valesco and Seoul-based AIP Asset Management have teamed up to buy Microsoft’s U.K. headquarters in Reading for £100 million ($130.52 million).
People | Sep 28, 2018 Keppel Land appoints new CEO by Released Keppel Corp. has appointed Tan Swee Yiow to CEO of Keppel Land with effect from Jan. 1, 2019.
Investors | Sep 28, 2018 New Jersey Division of Investment commits $125m to real estate fund by Jody Barhanovich The $78.18 billion New Jersey Division of Investment has committed $125 million to an opportunistic real estate fund managed by London-based Aermont Capital.
Fundraising | Sep 28, 2018 L a x f i e l d r a i s e s U . K . d e b t f u n d s i z e t o £ 7 5 0 m by Jody Barhanovich Laxfield Capital has increased the size of its real estate debt fund.
Fundraising | Sep 28, 2018 NW1 Partners and Marchmont launch urban industrial fund by Andrea Zander NW1 Partners and Marchmont have held an initial closing for its logistics venture.
Fundraising | Sep 28, 2018 Pantzer Properties markets next strategic real estate fund by Andrea Zander Pantzer Properties has put its next strategic real estate fund on the market.
Investors | Sep 28, 2018 IPERS reports 7.97% return for FY 2018 by Jody Barhanovich Iowa Public Employees’ Retirement System (IPERS) investment portfolio has reported a 7.97 percent net of fees return for fiscal year 2018 for the period ended June 30, 2018, outperforming its policy benchmark return of 7.79 percent.
