Transactions | Sep 10, 2024 Segro to buy Tritax EuroBox in $1.44b European warehousing deal by Andrea Zander Segro has plans to buy Tritax in a deal valuing the European logistics real estate firm at approximately $1.44 billion, according to a release.
Research | Sep 10, 2024 More than 80% of occupiers plan to expand through flex spaces in the next 3–5 years by Released Reimagination of workplace, changing perceptions and enterprise-level offerings have been driving heightened flex adoption in recent years.
Investors | Sep 10, 2024 Kern County Employees approves $50m investment in TPG AG’s Essential Housing Financing Fund III by Kali Persall Dominic Brown, CEO of Kern County (Calif.) Employees’ Retirement Association (KCERA), has signed off on a $50 million commitment to TPG AG’s Essential Housing Financing Fund III, according to a recent investment document from August.
Research | Sep 10, 2024 Business leaders look to increase real estate investment but expect smarter use of portfolio by Released Despite the challenging commercial real estate landscape and mixed economic environment, global business leaders are bullish on the future, with two-thirds (65 percent) expecting their commercial real estate budgets to increase between now and 2030.
People | Sep 10, 2024 Carey Doyle joins Pennybacker Capital as managing director by Andrea Zander Carey Doyle has joined Pennybacker Capital as a managing director, according to a LinkedIn post.
Investors | Sep 10, 2024 LendInvest signs €1.8b funding agreement with JP Morgan by Released LendInvest, a U.K.-based platform for mortgages, has extended its existing separate account with JP Morgan by an additional £500 million to £1.5 billion (€593 million to €1.78 billion/$654 million to $1.96 billion).
Research | Sep 10, 2024 Hines targets retail investments as new report, shows opportunity in Europe by Released After years of turmoil, the retail sector is showing promise as a potentially compelling investment opportunity, according to Hines.
People | Sep 10, 2024 Tim Manuel joins Border to Coast as head of responsible investment by Kali Persall Border to Coast has appointed Tim Manuel as its new head of responsible investment.
Research | Sep 9, 2024 Paris scores as Europe’s top market for logistics centrality by Released Paris / Île-de-France is home to Europe’s top micro-locations for efficient logistics distribution, according to the Paths of Distribution score, published by LaSalle Investment Management.
Investors | Sep 9, 2024 Actis JV with Mahindra Lifespaces, Ample Parks, launches and makes first acquisition by Released Actis and Mahindra Lifespaces, the real estate and infrastructure development arm of the Mahindra Group, have formally launched joint venture Ample Parks, an Indian industrial and logistics real estate developer and operator.
People | Sep 9, 2024 CBRE Investment Management announces leadership appointments for flagship strategies by Released CBRE Investment Management (CBRE IM) has made appointments in its lead portfolio management roles for two of its largest flagship open-end strategies.
Investors | Sep 9, 2024 Texas ERS unveils pacing plan for private real estate, infrastructure programs in fiscal year by Kali Persall The Employees Retirement System (ERS) of Texas has announced the pacing plan for its private real estate and infrastructure programs in fiscal year 2025.
Investors | Sep 9, 2024 Texas TRS slates $250m for real estate by Kali Persall The Teacher Retirement System (TRS) of Texas has committed $250 million to two real estate funds, the pension fund revealed in a commitment report for August.
CenterSquare completes $100m first close on value-add institutional private real estate fund by Kali Persall CenterSquare Investment Management has held an initial close on approximately $100 million in capital commitments for its latest value-added institutional private real estate fund. The fund has a target of $400 million.
Transactions | Sep 9, 2024 Harrison Street acquires five senior living communities from Brightview Senior Living by Released Harrison Street has announced the acquisition of five senior living properties in a joint venture with Brightview Senior Living.
SPONSORED: Dermody Properties – Investing in choppy waters, strategic industrial investment in the current market by Jennifer Babcock Why “choppy”? Rising interest rates have compressed asset valuations in the logistics marketplace and have made a new development less feasible, resulting in limited supply, according to an interview with members of Dermody Properties’ leadership team.
SPONSORED: CBRE IM – There is still an investment case to be made for data centers by Jennifer Babcock While data centers are real estate assets, they can be very complex investments.
SPONSORED: Ascentris – A generational approach to real estate investing by Jennifer Babcock Managing clients’ investments through separate accounts instead of closed-end funds allows for greater flexibility, particularly in terms of timing ones entry into and exit out of assets and markets.
Transactions | Sep 6, 2024 PGIM Real Estate sells grocery-anchored portfolio across Florida for $224m by Released PGIM Real Estate has sold a even-property grocery-anchored retail portfolio located across Florida.
Research | Sep 6, 2024 Investor confidence in Canada's multi-suite residential and industrial sectors continued in Q2 2024 by Released The Canadian commercial real estate sector exhibited positive momentum in the second quarter, according to Morguard's 2024 Economic Outlook and Market Fundamentals Second Quarter Update.
