Research | Jul 5, 2018 Data tech, fin-tech and prop-tech dominate investors’ demand by Andrea Zander One of the themes covered in the LaSalle Mid-Year ISA Update 2018 is the continuing dominance of tech industries in urban economies, the capital markets and also the real estate markets. The secular trends of finance can be divided into two broad domains: wealth management and financial transactions, according to LaSalle Investment Management’s midyear report. Both domains are adopting new technologies at a blistering pace.
People | Jul 5, 2018 Aviva Investors appoints Tom Clapham as head of institutional sales for Asia by Andrea Zander Aviva Investors, the global asset management business of insurer Aviva, has appointed Tom Clapham as its head of institutional sales for Asia, effective immediately.
Investors | Jul 5, 2018 ESR launches Australian platform​ by Andrea Zander ESR has launched an Australian platform, ESR Australia, following its acquisition of Commercial & Industry Property (CIP), an Australian property development group.Â
Transactions | Jul 5, 2018 Lothbury buys hotel in London for U.K. pension fund by Andrea Zander Lothbury Investment Management has bought the Travelodge hotel on Union Street, Southwark in London, on behalf of a U.K. pension fund.
Fundraising | Jul 5, 2018 ASR Dutch Prime Retail Fund raises over €275m by Andrea Zander Three European pension funds have committed into a Dutch retail fund.
Transactions | Jul 5, 2018 German developer plans to invest €700m for mixed-use​ project by Andrea Zander Düsseldorf, Germany-based developer The Gerch Group has acquired the 883,000-square-foot Quelle Areal of Sonae Sierra in Nuremberg through several sister companies. The firm plans to invest €700 million ($819 million) for its 1.83 million-square-foot development project.Â
Fundraising | Jul 5, 2018 DIC Asset AG launches seventh open-ended fund by Andrea Zander Germany-based DIC Asset AG has launched its seventh open-ended special alternative investment fund.
People | Jul 5, 2018 Pantheon opens office in Tokyo by Released Pantheon, a global alternatives investment manager, has opened an office in Tokyo.
Fundraising | Jul 3, 2018 IEC holds final close for its fourth institutional fund by Andrea Zander Institutional fund manager and value-add investor, Interstate Equities Corporation (IEC), has announced the final close of its fourth institutional fund, IEC Institutional Fund IV with $300 million in equity commitments.
People | Jul 3, 2018 Hines U.K. makes new hire for entry of industrial and logistics market by Andrea Zander Greg Cooper has joined Hines U.K. as director of industrial and logistics, a new role thathas been created as part of the firm’s plans to enter the market.
Transactions | Jul 3, 2018 Korean investors and partner acquire European logistics assets by Andrea Zander Savills Investment Management has purchased two key logistics assets in Venlo, Netherlands, and Helsinki, Finland, on behalf of Vestas Investment Management and a club of Korean investors.
Transactions | Jul 3, 2018 AMP Capital’s Crossroads Logistics Centre development hits milestones by Released AMP Capital has completed its second purpose-built facility at Casula’s Crossroad Logistics Centre in Sydney.
Transactions | Jul 3, 2018 Legal & General buys largest BTR site in Woolwich by Released Legal & General has announced that it has exchanged contracts on its largest Build To Rent (BTR) site to date located in Woolwich, London.
People | Jul 3, 2018 ISBI appoints new executive director by Andrea Zander The $18.3 billion Illinois State Board of Investment (ISBI) has appointed JoharaFarhadieh to executive director.
Transactions | Jul 3, 2018 Two Japanese investors start U.S. rental housing development project by Andrea Zander Japan-based Daiwa House Industry Co. and Japan-based ITOCHU Corp. have brokeground for their Atelier Project, a high-rise rental housing development project in Dallas.
Transactions | Jul 3, 2018 First European transactions for new Aberdeen Standard fund by Released Aberdeen Standard Investments has agreed the first two deals for its new Pan European Residential Property Fund, which together will amount to an investment of €125 million ($146 million).
Investors | Jul 3, 2018 Round Hill Capital receives strategic minority investment from Dyal Capital by Andrea Zander Round Hill Capital, a London-based real estate investment, development and asset management firm, has announced that Dyal Capital Partners, a division of Neuberger Berman, has made a strategic minority investment in Round Hill.
Fundraising | Jul 3, 2018 Longfellow Real Estate Partners forms $500m U.S. life science and technology investment vehicle by Andrea Zander Longfellow Real Estate Partners has launched a $500 million investment vehicle formed to invest in life science and technology real estate in the United States.
Transactions | Jul 3, 2018 Olympia London owners unveil plans for £700m investment by Andrea Zander Olympia London owners Deutsche Finance and Yoo Capital have announced plans for a £700 million ($922 million) investment in the 130-year-old exhibitions and events venue.
Investors | Jul 3, 2018 Skyline AI and Greystone collaborate to bring AI advantages to commercial real estate finance by Andrea Zander Skyline AI, a real estate investment technology company, and Greystone have formed a technological collaboration.