Research | Apr 24, 2018 U.S. industrial vacancy rate hits new low by Jody Barhanovich The industrial property vacancy rate in the United States hit its lowest level in 2017 since the initiation of coverage in 1999, according to Ten-X Commercial’s U.S. Industrial Market Outlook report.
People | Apr 24, 2018 PATRIZIA names Johannes Haug new head of European real estate development by Andrea Zander Johannes Haug will join PATRIZIA Immobilien AG as the new head of European real estate development.
Fundraising | Apr 24, 2018 TA Associates Realty launches new core property fund by Jody Barhanovich TA Associates Realty, a private real estate investment firm, has launched a new real estate fund.
People | Apr 24, 2018 Castle Lanterra appoints Gila Cohen as managing partner by Released Castle Lanterra Properties (CLP) has appointed Gila Cohen as managing partner.
Research | Apr 24, 2018 Seattle-Tacoma retains top spot on National Retail Index by Jody Barhanovich Seattle-Tacoma maintains the top spot on the National Retail Index (NRI), while San Francisco and Boston hold onto second and third place, respectively, according to Marcus & Millichap’s 2018 U.S. Retail Investment Forecast report.
Transactions | Apr 24, 2018 JLL acquires management company in the Philippines by Released Global real estate consulting firm JLL has acquired JCL International, a Philippine company that provides project management and construction services.
Fundraising | Apr 24, 2018 PCCP raises $486m for new real estate fund by Jody Barhanovich PCCP, a real estate investment manager, has raised $486 million for its newest real estate fund.
Transactions | Apr 24, 2018 Fidelity International enters Luxembourg market by Andrea Zander Eurozone Select Real Estate Fund, a fund managed by Boston-based investment group Fidelity International, has made its first deal in Luxembourg.
Research | Apr 23, 2018 NCREIF Farmland Index records 1.32% in Q1/2018 by Andrea Zander The NCREIF Farmland Index, produced by the National Council of Real Estate Investment Fiduciaries, recorded a first quarter 2018 return of 1.32 percent.
Fundraising | Apr 23, 2018 Waterton holds $920m final close for U.S. multifamily value-add fund by Jody Barhanovich Waterton, a Chicago-based national real estate investor and operator, has held a final close for its latest multifamily value-add investment fund.
Transactions | Apr 23, 2018 Hedge fund buys stake in Hammerson by Andrea Zander Hedge fund firm Elliott Capital has bought a 1.5 percent stake in London-based owner, manager and retail property developer Hammerson, according to a filing.
People | Apr 23, 2018 Hawaii ERS seeks CIO by Jody Barhanovich The Employees’ Retirement System of the State of Hawaii is seeking to hire a chief investment officer.
Investors | Apr 23, 2018 Allianz and Scape form A$500m student housing JV in Australia by Andrea Zander Allianz Real Estate has partnered with accommodation provider Scape Australia to establish Scape Australia JV 2, an Australian dollar–denominated, close-ended fund targeting the purpose-built student accommodation market in Australia.
Investors | Apr 23, 2018 Lendlease enters China senior housing market by Andrea Zander Lendlease has plans to develop a $302 million senior living community in Shanghai, China, entering the Chinese senior housing market.
Fundraising | Apr 23, 2018 Australia’s Future Fund reports 10-year return of 8.5% by Jody Barhanovich The Future Fund, Australia’s sovereign wealth fund, has reported a 10-year return of 8.5 percent, exceeding its benchmark target of 6.7 percent, as of March 31.
Transactions | Apr 23, 2018 Billionaire Prem Watsa to purchase Canadian Toys “R” Us stores by Andrea Zander Fairfax Financial Holdings, a Toronto investment firm run by billionaire Prem Watsa, has made a $237 million offer to acquire 82 Toys “R” Us stores.
People | Apr 23, 2018 Bill Thompson joins Evercore as senior managing director by Released Bill Thompson has joined Evercore’s investment banking business as a senior managing director and co-CEO of its private capital advisory practice, based in San Francisco.
Fundraising | Apr 23, 2018 Greenfield Partners raises $146m for real estate fund by Jody Barhanovich Greenfield Partners, a North American real estate investment manager, has raised $146 million for its real estate fund.
Fundraising | Apr 23, 2018 Peakside, KD Funds launch first regulated Slovenian fund by Andrea Zander KD Funds and Peakside Capital have launched the KD Adriatic Value Fund, Special Investment Fund, the first regulated real estate alternative investment fund (AIF) in Slovenia.
Transactions | Apr 20, 2018 Hines buys Silicon Valley office campus by Andrea Zander Hines, a global real estate firm, has purchased the Clearview Business Park, a 380,000-square-foot, six building office campus in San Mateo, Calif.
