Fundraising | May 15, 2018 BMO REP launches €500m European high street fund by Andrea Zander BMO Real Estate Partners (BMO REP) has launched the second fund in its Best Value Europe series.
People | May 15, 2018 RREEF Property Trust appoints Julianna Ingersoll as president and CEO by Released RREEF Property Trust, a publicly registered, daily NAV REIT managed by DWS Group GmbH & Co. KGaA, has appointed Julianna Ingersoll as its new president and CEO.
Transactions | May 14, 2018 Starwood, TDR Capital, Lone Star among bidders for global office service firm IWG by Andrea Zander London-listed IWG has confirmed that it received an approach from Lone Star Europe Acquisitions and two separate indicative proposals from Starwood Capital European Operations and TDR Capital regarding a possible cash offer for all of its shares.
Fundraising | May 14, 2018 Heartland Capital launches real estate fund by Released Scottsdale, Ariz.–based Heartland Capital Partners has launched a $25 million private equity commercial real estate fund.
Fundraising | May 14, 2018 Pathfinder Partners launches new multifamily and residential fund by Jody Barhanovich Pathfinder Partners has launched a new multifamily and residential real estate fund.
People | May 14, 2018 CalPERS’ CIO Ted Eliopoulos to leave by Jody Barhanovich The $355 billion California Public Employees’ Retirement System has reported that Ted Eliopoulos, CalPERS’ chief investment officer, is leaving the pension fund in order to relocate to the East Coast to be closer to family.
Transactions | May 14, 2018 BNY Mellon and Texas Treasury Safekeeping Trust Co. to exchange ownership stakes by Released BNY Mellon Investment Management has plans to exchange its majority equity interest in Amherst Capital Management, an investment manager specializing in U.S. real estate, for a minority equity stake in Amherst Holdings.
Fundraising | May 14, 2018 Arlington launches £400m student accommodation fund by Andrea Zander Arlington Advisors Limited, a U.K.-based fund manager, has launched a £400 million ($543 million) fund, the Arlington Student Accommodation Fund.
Fundraising | May 14, 2018 Gaw to launch $1b fund with Country Garden Unit by Andrea Zander Gaw Capital has teamed up with Shenzhen Paladin Asset Management, the investment arm of Chinese property developer Country Garden Group, to jointly launch a $1 billion special situations fund.
Investors | May 14, 2018 Cromwell signs €500m logistics partnership with Linkcity by Andrea Zander Cromwell Property Group has entered into a strategic partnership with Linkcity, member of Bouygues Construction, a global construction company, to invest in the rollout of a portfolio of logistics and light industrial assets in Central and Eastern Europe.
Investors | May 14, 2018 DivcoWest and CalSTRS form $300m venture by Andrea Zander DivcoWest Real Estate Services has entered into a new $300 million venture with the California State Teachers’ Retirement System.Â
Investors | May 14, 2018 GIC and NOVA to establish rental apartment platform in China by Released GIC, Singapore’s sovereign wealth fund, will be partnering with NOVA.
Research | May 14, 2018 Record period underlines strength of U.K. logistics sector by Andrea Zander Demand for U.K. logistics space continues to be resilient with the first quarter of 2018 being the strongest for the past three years, according to research from Cushman & Wakefield.
Fundraising | May 14, 2018 Northern Horizon’s latest care home fund holds €300m final close by Jody Barhanovich Northern Horizon’s third institutional healthcare real estate fund, the Nordic Aged Care Fund, held a €300 million ($359 million) final close, oversubscribing its target.
Fundraising | May 14, 2018 Buckingham holds $175m final close on debut multifamily fund by Jody Barhanovich Buckingham Companies, a vertically integrated, full-service real estate company, has reported that its affiliate, Buckingham Partners, closed its first real estate fund.
Fundraising | May 14, 2018 Berkshire Group holds $1.25b final close on multifamily debt fund by Jody Barhanovich Berkshire Group has held a $1.25 billion final close for Berkshire Multifamily Debt Fund II.
Transactions | May 14, 2018 IN-DEPTH: Colliers makes transformational strategic investment in Harrison Street ​ by Andrea Zander Colliers International Group has acquired 75 percent of Harrison Street Real Estate Capital from its founders for $450 million, with an additional $100 million payable in 2022, based on the company achieving certain accelerated performance targets.
Transactions | May 14, 2018 German residential rents rise despite increase in space and building permits by Marek Handzel German residential rents have risen over the past 10 years despite an increase in building permits and completions of new living space across the country.
People | May 14, 2018 Shine Associates welcomes David Slye by Released Shine Associates has hired David Slye as managing director.
Research | May 11, 2018 Henley leads launch financing for new real estate stock exchange by Marek Handzel Henley, the global private equity real estate investor, is leading a consortium of real estate investment management groups in financing the launch of the London-based International Property Securities Exchange (IPSX) later this year.
