People | Dec 13, 2018 Mayfair Capital appoints manager for Thematic Growth Fund by Released Mayfair Capital has appointed Giles King as fund manager for its U.K. Thematic Growth Fund and as a member of the company’s management board.
Transactions | Dec 12, 2018 CAPREIT, ECREIT to create European-focused, multi-residential REIT by Released Canadian Apartment Properties REIT has sold a portfolio of multi-residential properties located in the Netherlands to European Commercial REIT.
Fundraising | Dec 12, 2018 Juniper Square announces $25m in Series B funding led by Ribbit Capital by Released Juniper Square, a technology provider for real estate investments, announced $25 million in Series B funding led by Ribbit Capital, a financial technology venture capital firm.
Transactions | Dec 12, 2018 Godewind Immobilien acquires two German offices for €205m by Andrea Zander Godewind Immobilien AG, a publicly traded real estate company specializing in German commercial property, has agreed to acquire two further office properties.
Fundraising | Dec 12, 2018 SkyBridge and EJF Capital launch Opportunity Zone REIT by Released SkyBridge Capital and EJF Capital, a hedge fund and private equity fund manager, have launched the SkyBridge-EJF Opportunity Zone REIT.
Research | Dec 12, 2018 Strong economy expected to lift all commercial real estate sectors in 2019 by Jody Barhanovich Sustained momentum from the U.S. economy’s extended economic expansion bodes well for major commercial real estate asset classes in 2019, promising additional allocation from institutional and international investors, a hunt for opportunities in secondary markets, and robust construction completions in sectors such as office and multifamily, according to a new report from CBRE, 2019 U.S. Real Estate Market Outlook.
Investors | Dec 12, 2018 Corestate, Medici to invest $1.14b in shared living by Andrea Zander The parent company of QUARTERS, a U.S. co-living brand, has received a €1 billion ($1.1 billion) investment agreement for its European portfolio.
Research | Dec 12, 2018 Demand for chief technology officers in real estate sector set to soar by Andrea Zander Two-thirds (66 percent) of real estate professionals predict a big jump in demand for board-level chief technology officers (CTOs) in the sector over the next five years as the challenge to find senior talent to leverage disruptive technology increases.
Transactions | Dec 12, 2018 Aviva Investors acquires Aurora office building in London by Released Aviva Investors has acquired Aurora, a class A office building in Ealing, West London, from Moorfield Real Estate Fund III, managed by Moorfield Group.
Fundraising | Dec 12, 2018 Alma Property Partners holds €150m first close for second Nordic fund by Jody Barhanovich Alma Property Partners, a Stockholm-based real estate investment company, has held a first close.
People | Dec 12, 2018 Guardians appoints Stephen Gilmore as CIO by Andrea Zander The Guardians of New Zealand Superannuation, the Crown entity that manages the NZ$39 billion ($27 billion) NZ Super Fund, has appointed Stephen Gilmore as chief investment officer.
Research | Dec 11, 2018 Survey shows U.K. investors favor residential as an alternative to retail assets in property portfolios by Andrea Zander Over a third of U.K. real estate investors (35 percent) see long-term residential investments as the best alternative to retail property if they move out of the troubled sector in the next year, according to a survey by MSCI.
Transactions | Dec 11, 2018 Tristan fund sells Paris office to BNP Paribas REIM by Released A fund advised by pan-European real estate investment manager Tristan Capital Partners, has sold an office building on the Perigares business campus in Fontenay-sous-Bois, east of Paris.
People | Dec 11, 2018 Asia Pacific Real Estate Association appoints new CEO by Released The board of directors of the Asia Pacific Real Estate Association (APREA) has appointed Sigrid Zialcita as CEO.
Transactions | Dec 11, 2018 Rubens fund buys Amsterdam office in largest Dutch deal of 2018 by Andrea Zander A foreign institutional fund managed by Dutch investment manager Rubens Capital Partners has bought the Rivierstaete office complex in Amsterdam.
Investors | Dec 11, 2018 IPERS to invest $300m into real assets in 2019, with real estate investments receiving the bulk by Jody Barhanovich The $31.4 billion Iowa Public Employees’ Retirement System plans to invest approximately $300 million in private real assets in calendar year 2019, with real estate investments receiving the bulk of any new private real assets commitments.
Transactions | Dec 11, 2018 Korean investors buy WeWork Soho office for £267m by Andrea Zander A club of Korean institutional investors has closed a deal to buy a London office located at 125 Shaftesbury Avenue for £267 million ($334 million).
Fundraising | Dec 11, 2018 Savills IM to launch European property fund by Andrea Zander Savills IM and Vestas Investment Management have plans to launch a discretionary fund for Korean institutional investors, according to media reports.
Transactions | Dec 11, 2018 CBS sells iconic Television City property for $750m by Released CBS Corp. has sold its 25-acre CBS Television City property in the Fairfax District of Los Angeles, as well as its soundstage operation, to real estate developer Hackman Capital Partners for $750 million.
People | Dec 11, 2018 Joelle Mevi steps down as executive director/CIO of Fort Worth Employees’ Retirement Fund by Jody Barhanovich Joelle Mevi has departed from the $2.2 billion Forth Worth Employees’ Retirement Fund.
