Transactions | Sep 24, 2018 P3 buys land for new logistics park south of Stuttgart in Germany by Released P3 Logistic Parks has expanded its German portfolio with the acquisition of a 6.5-hectare site in Horb am Neckar — the largest available space in the greater Stuttgart area.
Fundraising | Sep 24, 2018 AEW holds €320m further close for residential-focused real estate fund by Jody Barhanovich AEW, a global real estate asset manager, has completed a further close for RESIDYS, a fund targeting residential real estate assets in France.
Investors | Sep 24, 2018 Greystar expands European platform by Released Greystar has launched its vertically integrated platform in France to acquire and develop purpose-built student accommodation and rental housing.
Transactions | Sep 24, 2018 U.S. property group buys European logistics portfolio by Andrea Zander GreenOak has purchased 22 logistics assets in France and Spain totaling 720,000 square meters (7.75 million square feet).
People | Sep 24, 2018 EJF Capital hires Asheel Shah as senior managing director and head of real estate by Released EJF Capital, a hedge fund and private equity fund manager, has appointed Asheel Shah as a senior managing director and head of real estate.
People | Sep 24, 2018 Howard Michaels, founder of Carlton Group, dies by Andrea Zander Howard Michaels, the founder and chairman of The Carlton Group, has died at 62 after a battle with cancer.
Investors | Sep 21, 2018 Texas ERS reports 9.9% total fund return for FY 2018 by Jody Barhanovich The $37.8 billion Employees Retirement System of Texas has reported a 9.9 percent total fund return for fiscal year 2018, above its 7.6 percent benchmark.
Research | Sep 21, 2018 Real estate offers Africa opportunity to deploy global capital on a much larger scale by Andrea Zander To deploy global investment on a significant scale Africa needs to develop the domestic conditions to absorb the much higher levels of global real estate investment currently considering Africa, according to Standard Bank.
Fundraising | Sep 21, 2018 Perennial Capital Advisors launches next real estate fund by Jody Barhanovich Perennial Capital Advisors, an independent investment management firm based in Boston, has put its next real estate fund on the market.
Transactions | Sep 21, 2018 Recent commercial real estate transactions by Alicia Block Transactions reported this week included two portfolio acquisitions.
Transactions | Sep 21, 2018 BREIT completes $1.2b student housing portfolio acquisition by Released Blackstone Real Estate Income Trust (BREIT) has completed the previously announced acquisition of the EdR Student Housing Portfolio.
Investors | Sep 21, 2018 Greenland signs $14.6b Suzhou project to merge AI with apartments by Andrea Zander Greenland Group has signed a strategic cooperation agreement with the Suzhou government to invest more than RMB 100 billion ($14.55 billion) into a series of real estate projects pegged to promote artificial intelligence, high technology and new buildings in the eastern China city.
Investors | Sep 21, 2018 Japan’s GPIF awards its first global real estate mandate by Andrea Zander Japan’s ¥156 trillion ($1.43 trillion) Government Pension Investment Fund (GPIF) has awarded its first global real estate mandate.
Transactions | Sep 21, 2018 Tikehau to buy French real estate asset manager Sofidy by Andrea Zander Pan-European asset manager and investment firm Tikehau Capital is in talks to acquire Sofidy.
Transactions | Sep 21, 2018 Deka Immobilien acquires office building in London Victoria for £460m by Andrea Zander Deka Immobilien GmbH has acquired the Verde office building in London Victoria, a submarket of the London West End.
Transactions | Sep 20, 2018 Keppel buys 40% stake in Chinese residential project by Released Keppel Land China has formed a joint venture with Gemdale Corp. to jointly develop an 8.8-ha prime residential site in Nanjing, China.
Investors | Sep 20, 2018 Aamundo and unnamed institutional investor to buy value-added German properties for €1b by Andrea Zander Aampere Investment Management, a subsidiary of Aamundo Immobilien Group, has plans to invest up to €1 billion ($1.2 billion) in the German real estate market together with an unnamed U.S. institutional investor.
Investors | Sep 20, 2018 FirethornTrust to invest £200m in U.K. real estate by Andrea Zander FirethornTrust, formed by ex-Tristan Capital duo Peter Mather and Chris Webb, has secured an exclusive mandate from two U.S. family offices to invest in U.K. real estate.
Transactions | Sep 20, 2018 Ivanhoé Cambridge acquires Callahan Capital Properties by Released Ivanhoé Cambridge and Callahan Capital Properties have completed a transaction that sets out the terms under which Ivanhoé Cambridge acquires CCP.
Transactions | Sep 20, 2018 NCC buys €240m Stockholm mixed-use project by Andrea Zander Construction and property group NCC has acquired the Trafikflyget 8 mixed-use development project near Bromma airport in Stockholm from ICA Fastigheter.
