Research | Jul 17, 2018 Record second quarter for City of London office investment by Andrea Zander The City of London office investment volumes reached a record high in during second quarter 2018, with £3.6 billion ($4.7 billion) of stock traded over the course of the quarter, according to CBRE.
Investors | Jul 17, 2018 Japan’s second-largest public pension fund extends its alternative arms to private debt by Release Chikyoren (Pension Fund Association for Local Government Office, or PAL), the second-largest public pension funds in Japan with $217 billion in assets under management, has added private debt for its RFP for alternative investment managers.
Research | Jul 17, 2018 Construction tech is the new investment darling for VC funds by Andrea Zander The construction industry continues to tackle the challenges of rising construction materials costs, a skilled-labor shortage and overall lack of productivity improvements, offering an expansive opportunity for disruption.
Transactions | Jul 16, 2018 ElmTree acquires $300m in assets by Released ElmTree Funds has acquired six assets in transactions totaling $300 million.
Investors | Jul 16, 2018 Sovereign wealth funds slow down real estate investments by Andrea Zander Sovereign wealth funds have slowed down their investment in real estate, according to research from the International Forum of Sovereign Wealth Funds (IFSWF).
Transactions | Jul 16, 2018 RLJ Lodging Trust sells Napa hotel for $102m by Jody Barhanovich RLJ Lodging Trust has closed on the sale of the 205-room Embassy Suites Napa Valley for $102 million, or approximately $498,000 per key.
Transactions | Jul 16, 2018 Pembroke makes Seattle debut with $338m purchase by Andrea Zander Pembroke Real Estate has made its debut investment in Seattle with the $338 million acquisition of 400 Fairview Ave.
Research | Jul 16, 2018 Senior housing occupancy rate drops below 88% in second quarter by Jody Barhanovich The occupancy rate for senior housing across the United States continued to decline in second quarter 2018, according to new data from the National Investment Center for Seniors Housing & Care (NIC), a nonprofit organization that provides data and analytics on the sector.
Research | Jul 16, 2018 Consumerism drives the I&L sector by Andrea Zander Omnichannel retail and the growth of e-commerce have been the primary drivers of demand during this cycle for the industrial and logistics (I&L) sector, according to CBRE.
Transactions | Jul 16, 2018 Lai Sun Development Co. to develop London’s third-tallest tower by Andrea Zander Hong Kong–based property developer Lai Sun Development Co. announced the Planning and Transportation Authority of the City of London has approved the company to redevelop three properties on Leadenhall St.
Research | Jul 16, 2018 Young Americans buying fewer houses by Andrea Zander Homeownership rates among young adults today are even lower than in 1988, because of pressures created by elevated housing construction costs, weak income growth among low- and moderate-income households, and expensive land prices.
Investors | Jul 16, 2018 Texas TRS commits $250m to joint venture real estate fund by Jody Barhanovich The $151.4 billion Teacher Retirement System of Texas has committed $250 million to a joint venture real estate fund.
Transactions | Jul 13, 2018 Alexandria Real Estate buys life science and technology campus for $203m by Released Alexandria Real Estate Equities has acquired 219 East 42nd Street in Manhattan for $203 million on a fee simple basis, through a membership interest in the purchasing entity 219/235 East LLC.
Transactions | Jul 13, 2018 JTRE and Sons & Co. buy £400m Bankside scheme by Andrea Zander Slovakian-based Central Eastern European developer and investor J&T Real Estate has partnered with London developer Sons & Co. to buy 185 Park Street on London’s South Bank from DV4, Delancey’s client fund, for £400 million ($529 million).
Fundraising | Jul 13, 2018 Varde Partners raises $87m for European real estate fund by Jody Barhanovich Varde Partners, a global alternative investment adviser, has raised $86.6 million for its real estate fund.
Transactions | Jul 13, 2018 Recent commercial real estate transactions by Alicia Block Transactions reported this week included the sale of an office in St. Paul, Minn.
Investors | Jul 13, 2018 Texas TRS commits $150m to real estate by Jody Barhanovich The $151.4 billion Teacher Retirement System of Texas has committed $150 million to a value-added fund.
Investors | Jul 13, 2018 GIC delivers annual returns above the global inflation rate by Jennifer Molloy GIC, Singapore’s $390 billion sovereign wealth fund, has released its 2017–2018 annual report, indicating it continues to deliver steady, long-term returns while it remains cautious in this low-return environment.
Research | Jul 13, 2018 Protection against a global financial crisis-style downturn may be excessively cautious by Marek Handzel PGIM Real Estate has said that protecting real estate assets against a global financial crisis-style downturn may be an excessively cautious strategy for investors to pursue.
Research | Jul 13, 2018 Opportunities emerge in European extended stay market by Marek Handzel Residential developers and investors looking at the European extended-stay market should be buoyed by good prospects for growth, according to bulwiengesa and Union Investment.
