Investors | Apr 16, 2019 Legal & General invests £45m in housing for homeless families in the U.K. by Released Legal & General has partnered with the Croydon Council to provide 167 homes for families on the housing waiting list.
Research | Apr 16, 2019 Polarization widens in European shopping center market by Andrea Zander As shopping center markets reach maturity in most European countries, there will be growing polarization between successful prime schemes and struggling secondary sites, which are having to diversify to survive, according to new research from Cushman & Wakefield.
Transactions | Apr 16, 2019 ESR and UOB enter into ¥20b loan facility agreement to acquire prime Tokyo Bay Land by Released UOB Tokyo Branch and ESR Sachiura TMKs have signed a non-recourse ¥20 billion ($179 million) financing facility agreement for ESR’s land acquisition in Yokohama, Japan.
Investors | Apr 16, 2019 Texas County commits $25m to KSL fund by Jody Barhanovich The $30 billion Texas County & District Retirement System has committed $25 million to a fund, managed by KSL Capital Partners.
Transactions | Apr 16, 2019 Mandarin Oriental in talks to enter India’s luxury hotel sector by Andrea Zander London Stock Exchange–listed Mandarin Oriental Hotel Group has plans to enter India’s growing luxury hospitality market with plans to set up its first luxury boutique hotel within the next year, reported Live Mint.
People | Apr 15, 2019 Australia’s Arrow Capital Partners appoints head of Germany by Released Arrow Capital Partners, an investor and operator of real estate in Europe and Asia-Pacific, has appointed Danilo Hunker as head of Germany.
Fundraising | Apr 15, 2019 Madison Realty Capital holds $1.136b final close for debt fund by Jody Barhanovich Madison Realty Capital, a private equity firm focused on real estate debt and equity investment strategies, has held the final closing.
Investors | Apr 15, 2019 BVK invests in €500m hotel fund by Jody Barhanovich Universal-Investment has launched a new hotel €500 million ($565 million) fund through a mandate with the €77 billion ($87 billion) Bayerische Versorgungskammer.
Research | Apr 15, 2019 Boutique and lifestyle hotels booming, investors set their sights on suburban locations by Andrea Zander The European tourist industry is booming. In 2018, Catella Research counted more than 3.1 billion overnight stays in Europe, an increase of 2.2 percent compared with the previous year.
Investors | Apr 15, 2019 Astarte Capital Partners launches £400m London real estate fund by Jody Barhanovich Astarte Capital Partners has established a £400 million ($524 million) investment platform.
Transactions | Apr 15, 2019 Singapore-based UOL pays $499m for Marina Bay project by Andrea Zander Listed developer UOL and its subsidiary, United Industrial Corp. (UIC), have agreed to pay S$675.3 million ($499.26 million) to take 100 percent ownership of the Marina Square shopping center and the Marina Mandarin hotel in Singapore.
Transactions | Apr 15, 2019 Allianz Real Estate to open regional Nordic office by Andrea Zander Allianz Real Estate has plans to open a new office in Stockholm in August as it looks to strengthen its presence across the Nordics and build on its portfolio of assets in the North and Central Region.
Transactions | Apr 15, 2019 Green REIT puts itself up for sale by Andrea Zander Ireland-based Green REIT, which has property assets of €1.5 billion ($1.7 billion), is putting itself up for sale in a bid to “maximize value for shareholders.”
Transactions | Apr 15, 2019 South Korean investor acquires German logistics facility by Released Avignon Capital and Pierce Capital Investments have completed the acquisition of a 90,000-square-meter (967,000-square-foot) Volkswagen logistics and warehouse unit in Munich from a private vendor.
Transactions | Apr 15, 2019 U.K. office space provider IWG Plc sells Japanese operations by Andrea Zander U.K. office space provider IWG Plc, formerly known as Regus, is to sell its Japanese operations to TKP Corp. for £320 million ($418.8 million).
People | Apr 15, 2019 CBRE appoints new CFO by Released Leah Stearns has been appointed CFO CBRE Group.
Transactions | Apr 12, 2019 CVMC REIT I to merge with Carter Validus Mission Critical REIT II by Released Carter Validus Mission Critical REIT (CVMC REIT I) and Carter Validus Mission Critical REIT II (CVMC REIT II) have entered into a definitive agreement to merge.
Transactions | Apr 12, 2019 Icade Santé pays €191m for 12 healthcare assets in France by Andrea Zander Icade Santé, the healthcare unit of the French REIT/SIIC Icade group, has paid €191 million ($216 million) for 12 medium- and long-term care assets in France.
Investors | Apr 12, 2019 Arkansas Teacher commits $130m to three real estate funds by Jody Barhanovich The $17.3 billion Arkansas Teacher Retirement System has committed a total of $130 million to three real estate funds.
Research | Apr 12, 2019 Senior housing occupancy rate remains stable at 88% by Jody Barhanovich The occupancy rate for senior housing across the United States remained virtually unchanged at 88.1 percent in the first quarter of 2019.
