Transactions | Nov 28, 2017 Gaw Capital Partners to acquire 17 shopping centers in Hong Kong by Andrea Waitrovich Gaw Capital Partners, through a fund under its management, and a consortium of partners, including Goldman Sachs, have won a bid to acquire a retail portfolio comprising 17 shopping centers in Hong Kong from Link Asset Management Limited for HK$23 billion ($2.95 billion).
Fundraising | Nov 28, 2017 CBRE holds $1.34b final close for U.S. value-added fund by Jody Barhanovich CBRE Global Investors has held a final closing for its U.S. value-added fund.
Research | Nov 27, 2017 Automation expected by over 50% of real estate executives by Andrea Waitrovich Altus Group released the latest annual Altus Group CRE Innovation Report revealing that CRE industry leaders are divided about the potential of new technologies to drive industry-wide change.
Investors | Nov 27, 2017 Spirit Realty files with SEC on spin-off plan by Released Spirit Realty Capital has confidentially submitted with the U.S. Securities and Exchange Commission a registration statement on Form 10 on behalf of Spirit MTA REIT.
Transactions | Nov 27, 2017 Mainstreet to acquire CareIT Portfolio for $425m by Andrea Waitrovich In a partnership with Tiptree and other subsidiaries, Mainstreet Health Investments has plans to acquire Care Investment Trust for approximately $425 million.
Investors | Nov 27, 2017 Ivanhoé Cambridge creates JV with Peel by Andrea Waitrovich Peel Logistics, the Manchester, U.K.-based warehouse developer, has backed a new joint venture with Canadian investor Ivanhoe Cambridge.
Fundraising | Nov 27, 2017 Fiera Capital launches Fiera Properties CORE Mortgage Fund by Released Fiera Capital Corp. has launched the Fiera Properties CORE Mortgage Fund and appointed Fiera Properties Debt Strategies Ltd, a wholly-owned subsidiary of Fiera Properties Limited, to lead the mortgage strategy.
Fundraising | Nov 27, 2017 M7 closes largest fund at €400m by Andrea Waitrovich M7 Real Estate has announced the final closing of its largest fund.
Fundraising | Nov 27, 2017 Aberdeen Standard and Dutch pension fund launch European housing fund by Andrea Waitrovich Pensioenfonds Metaal en Techniek (PMT) gave its fiduciary manager MN permission to commit €150 million ($180 million) to cornerstone the launch of the Aberdeen Standard Pan European Residential Property Fund.
Research | Nov 27, 2017 Prague dominates as Central Eastern Europe’s top performer for office investment by Andrea Waitrovich Prague was Central Eastern Europe’s top performer for office investment in the first nine months of 2017, with a total of €746 million ($889 million) of assets transacted over this period, according to Knight Frank.
Fundraising | Nov 27, 2017 Henley holds £210m second close on income fund by Jody Barhanovich Henley, a U.K.-based private equity real estate investor, has held a £210 million ($280 million) second close.
Investors | Nov 22, 2017 IHG and Franzé Developments create A$200m partnership by Andrea Waitrovich Hotel operator IHG and Franzé Developments have entered into 20-year management agreement to open and operate the Holiday Inn and Suites Geelong in Australia.
People | Nov 22, 2017 Klepierre appoints Cyrille Deslandes as CIO by Andrea Waitrovich Klepierre has appointed Cyrille Deslandes as CIO.
People | Nov 22, 2017 Peter Kim joins QuadReal as managing director, Asia by Released QuadReal Property Group has appointed Peter Kim as managing director, Asia.
Investors | Nov 22, 2017 Brazil Hospitality Group starts partnership with AccorHotels by Released Brazil Hospitality Group has created a partnership with AccorHotels, which will manage 17 of BHG’s owned hotels.
Transactions | Nov 22, 2017 Hammerson sells Strasbourg shopping center to LaSalle Investment Management by Andrea Waitrovich Hammerson has exchanged contracts for the sale of its share (64.5 percent) of Place des Halles shopping center in Strasbourg, France.
Fundraising | Nov 22, 2017 TH Real Estate holds $550m first close by Andrea Waitrovich TH Real Estate has raised $550 million in a first close for its ERES APAC II: China Outlet Mall Fund.
Research | Nov 21, 2017 Chinese outbound investment falls 51% to 14-quarter low by Andrea Waitrovich Chinese outbound real estate investment fell 51 percent year-over-year to $2.5 billion during the third quarter, the lowest total in 14 quarters, according to Cushman & Wakefield's recent report "China Outbound Investment." The decline came amid new outbound investment restrictions and investor caution prior to the 19th Party Congress meetings in Beijing.
Research | Nov 21, 2017 Holiday shopping: E-Commerce sales growth outpaces traditional retail by Andrea Waitrovich During the third quarter 2017, U.S. retail e-commerce sales for the third quarter of 2017, adjusted for seasonal variation, but not for price changes, was $115.3 billion, an increase of 3.6 percent (±0.7 percent) from the second quarter of 2017, according to the U.S. Census Bureau’s latest report.
Transactions | Nov 21, 2017 Griffin Capital selling DreamWorks Studio in Glendale, Calif., for $290m by Released Griffin Capital Co., on behalf of Griffin Capital Essential Asset REIT, has sold DreamWorks Animation’s Headquarters and Studio Campus, located in Glendale, Calif.
