Investors | Apr 17, 2018 Hertfordshire County Council forms £2b JV with Morgan Sindall by Andrea Zander Morgan Sindall has formed a joint venture partnership with Hertfordshire County Council in the United Kingdom to develop £2 billion ($2.9 billion) of housing sites in the region.
People | Apr 17, 2018 Preferred Apartment Communities’ co-founder passes away by Andrea Zander John Williams, co-founder, chairman and CEO of Preferred Apartment Communities, has died at the age of 75.
People | Apr 17, 2018 Jeff Wiseman joins H.I.G. Realty Partners by Released Jeff Wiseman has joined H.I.G. Capital’s real estate investment affiliate, H.I.G. Realty Partners, as managing director and head of U.S. real estate debt.
Transactions | Apr 17, 2018 Carroll Organization, PGIM Real Estate acquire 4-property portfolio in South Florida by Jody Barhanovich Carroll Organization and PGIM Real Estate have formed a joint venture to acquire a four-property portfolio in South Florida.
Transactions | Apr 17, 2018 Principal completes acquisition of INTERNOS Global Investors by Released Principal Global Investors has completed the acquisition of INTERNOS Global Investors, the U.K.-headquartered pan-European real estate investment manager.
Transactions | Apr 17, 2018 DWS increases logistics real estate presence across Greater Seoul by Released DWS (formerly Deutsche Asset Management) has acquired Logiport Icheon, a prime logistics property located in Icheon, Greater Seoul, on behalf of one of its European real estate funds for KRW 61.2 billion ($57 million) in an off-market transaction.
Transactions | Apr 16, 2018 Eldorado Resorts buys seven casinos for $1.54b by Andrea Zander In two acquisitions, seven casinos were sold for a total sales price of 1.54 billion.
Investors | Apr 16, 2018 Astarte Capital launches program to finance education for underprivileged youth by Drew Campbell Drew Campbell, senior editor of Institutional Investing in Infrastructure, recently asked Stavros Sioko, a managing partner of London-based Astarte Capital Partners, about Astarte’s newly launched program for education investments with underprivileged youth. The program is focused on Europe and North America and will involve collaborating with a handful of institutions, such as high schools, colleges and universities.
People | Apr 16, 2018 Oxford Properties appoints Andreas Hardt as German MD by Andrea Zander Oxford Properties, the global real estate arm of the Ontario Municipal Employees Retirement System (OMERS), has named Andreas Hardt as managing director of its German office.
Investors | Apr 16, 2018 Toy mogul offers $890m to buy Toys R Us stores in U.S., Canada by Andrea Zander Isaac Larian, a toy mogul of MGA Entertainment, has submitted a formal bid to buy Toys R Us stores in the United States and Canada.
People | Apr 16, 2018 Aviva Investors names head of U.K. real estate by Andrea Zander Daniel McHugh was named head of U.K. real estate at Aviva Investors and Melanie Collett was appointed head of real estate asset management.
Research | Apr 16, 2018 Retail: Total sales up in first quarter 2018 by Andrea Zander Total retail sales during the first quarter of 2018 were up by 4.1 percent compared with the same quarter in 2017, according to the U.S. Census Bureau.
Transactions | Apr 16, 2018 WeWork teams up with two investors to buy London asset for £530m by Andrea Zander Co-working group WeWork has teamed up with Danish pension fund PFA Ejendomme and property investment manager TH Real Estate to buy Devonshire Square, a 13-building estate, from Blackstone. The acquisition was reported in October 2017.
Fundraising | Apr 16, 2018 Garrison Investment Group raises $83m for new real estate fund by Jody Barhanovich Garrison Investment Group, a New York–based multi-strategy investment manager, has raised $82.6 million for its newest value-added, opportunistic real estate fund.
Fundraising | Apr 16, 2018 Octopus hits £230m hard cap for institutional real estate debt fund by Andrea Zander Octopus Property, the specialist U.K. property lender and part of Octopus Group, has reached a final close of £230 million ($330 million) for its real estate debt fund.
Investors | Apr 16, 2018 MHP Real Estate Services forms partnership with Banyan Street Capital by Andrea Zander MHP Real Estate Services and Banyan Street Capital have united to form one of the largest privately held owners and operators of commercial real estate properties in the country.
Investors | Apr 16, 2018 MainePERS commits $50m to real estate fund by Jody Barhanovich The $14.3 billion Maine Public Employees Retirement System has committed up to $50 million to a fund managed by Baring Private Equity Asia.
Investors | Apr 16, 2018 A&G Realty Partners launches healthcare property division by Andrea Zander A&G Realty Partners has announced a new division focused on ramping up the productivity of U.S. healthcare providers’ diverse real estate holdings.
Fundraising | Apr 16, 2018 LaSalle raises $1.1b for Asia opportunity fund by Jody Barhanovich LaSalle Investment Management, a global real estate investment manager, has raised more than $1.1 billion of equity for its fifth fund.
People | Apr 16, 2018 TH Real Estate expands U.S. industrial team by Released TH Real Estate, an affiliate of Nuveen (the investment manager of TIAA), has appointed Graydon Bouchillon as managing director, head of industrial for the U.S. market.
