Fundraising | Aug 19, 2024 Pearlmark announces first closing of sixth mezzanine fund by Released Pearlmark has held a first closing of its sixth high-yield credit investment fund, Pearlmark Mezzanine Realty Partners VI, L.P.Â
Transactions | Aug 19, 2024 Aware Real Estate makes $402m acquisition with Barings partnership by Andrea Zander Aware Real Estate has expanded its industrial real estate footprint in Victoria, Melbourne, Australia.
Transactions | Aug 19, 2024 Quadrant and Singaporean investor acquire London office as part of office portfolio strategy by Released Quadrant has acquired 6 Gracechurch Street, in the City of London, in partnership with a private Singapore-based family office as part of a new mandate.Â
Transactions | Aug 19, 2024 EQT to acquire real estate platform PropertyGuru in $1.1b deal by Andrea Zander Swedish investment firm EQT AB has plans to acquire PropertyGuru in an all-cash deal.
Transactions | Aug 19, 2024 West Chelsea luxury condominium project secures $1.153b for refinancing by Released Witkoff, Access Real Estate, and Monroe Capital have secured a $1.153 billion refinancing for One High Line, the luxury condominium project in West Chelsea, New York City.Â
Investors | Aug 19, 2024 CBRE Investment Management awarded €587m global real estate mandate by Wales Pension Partnership by Released CBRE Investment Management has been awarded a £500 million (€587 million/$650 million) global real estate mandate by the Wales Pension Partnership (WPP). Â
Investors | Aug 19, 2024 Elmtree funds CEO discusses high-barrier, high-opportunity investments in cold storage by Andrea Zander In an exclusive Q&A, Jim Koman, CEO and Founder of ElmTree Funds, reflected on the firm’s notable milestones, strategic direction and industry trends for 2024.Â
Transactions | Aug 19, 2024 Ardian completes first residential real estate investment in Spain with Madrid acquisition by Released Ardian has completed a prime property in the center of Madrid, its first transaction in the residential sector in Spain.
Transactions | Aug 19, 2024 EQT Exeter Real Estate Income Trust announces two industrial acquisitions totaling over $245m by Released EQT Exeter Real Estate Income Trust has made two strategic acquisitions, 3327 E Harrisburg Pike in Middletown, Penn., for more than $170 million and 1500 Shoals Way in Portland, Tenn., for $75 million.
Transactions | Aug 16, 2024 Harrison Street acquires $200m-plus, 19-property self-storage portfolio by Andrea Zander Harrison Street has acquired an off-market self-storage portfolio comprising 19 properties and 1.4 million square feet located throughout the Southeast for more than $200 million.Â
Research | Aug 16, 2024 Savills: U.K. investment volumes to rise, with cross-border buyers boosted by interest-rate cut and rental growth across the board by Released The United Kingdom’s commercial investment volumes and values will start to improve shortly, according to Savills, after the first reduction in the Bank of England base rate at the start of August.
People | Aug 16, 2024 Melanie Warren joins AEW’s growing investor relations team by Released Melanie Warren has joined the AEW Capital Management’s investor relations group, based in the Boston headquarters.
Research | Aug 16, 2024 New survey of U.S office workers reveals strong preference to work in the office by Released Lincoln Property Co. has released its Office Views: What Employees Value Most report.
Transactions | Aug 16, 2024 Hines acquires first 90 acres for Furst Ranch, DFW-area master-planned community in Denton County, Texas by Released Hines, along with partners Trez Capital and the Furst Family, have acquired the initial 90 acres of what will become Furst Ranch, an expansive master-planned community in Denton County, Texas.
Research | Aug 16, 2024 Vacancy rate in Europe’s top five data center markets falls below 10% for the first time by Andrea Zander The colocation data center vacancy rate dropped below 10 percent in Frankfurt, London, Amsterdam, Paris and Dublin (FLAPD) for the first time in second quarter 2024, amid continued strong demand for space.Â
Fundraising | Aug 16, 2024 BridgeInvest holds $670m final close fourth specialty credit fund by Andrea Zander BridgeInvest has held a final close of its BridgeInvest Specialty Credit Fund IV, raising more than $670 million in equity, according to media outlets.
Investors | Aug 15, 2024 Virginia Retirement System backs Carlyle, Affinius Capital real estate funds by Kali Persall The Virginia Retirement System (VRS) has committed nearly $200 million to two real estate funds, according to its latest investment report.
Transactions | Aug 15, 2024 Carrier to sell commercial and residential fire business to an affiliate of Lone Star Funds for $3b by Released Carrier Global Corp., a global climate and energy solutions platform, entered into a definitive agreement to sell its commercial and residential fire business to an affiliate of Lone Star Funds for an enterprise value of $3 billion.
Transactions | Aug 15, 2024 TPG Real Estate acquires developer Quintain from Lone Star by Andrea Zander TPG Real Estate, the real estate platform of alternative asset management firm TPG, has acquired Quintain Developments Ireland (QDI) in partnership with company management, according to media outlets.
Research | Aug 15, 2024 Central London’s retail revival continues with increased investment volumes by Released London’s retail resurgence continues, with a marked increase in investment volumes for the sector in second quarter, according to CBRE.
