Transactions | Aug 13, 2024 Panattoni continues mid-box logistics drive with speculative development in Crawley, England by Released Panattoni has begun speculatively developing a 200,000-square-foot logistics park in Crawley as part of its mid-box logistics development dive in the South East.
People | Aug 13, 2024 Quadrant reinforces team with two new development directors by Released Quadrant, the independent U.K. real estate asset management and development company, has appointed Patrick Waters and Jeremy Lacey as development directors.
Transactions | Aug 13, 2024 JLL advises IGIS on Korea hyperscale data center transaction by Andrea Zander A fund of IGIS Asset Management through its subsidiary IGIS Asia Investment Management has sold the Hanam Data Center, a hyperscale asset located in Pungsan-dong, Hanam-si, Gyeonggi-do. JLL served as the exclusive adviser for the sale of this asset.
Fundraising | Aug 13, 2024 CapitaLand Investment announces first close of onshore fund to invest in business parks in China by Released CapitaLand Investment (CLI) has held a first close of its sixth onshore renminbi (RMB) fund, China Business Park RMB Fund III (CBPF III).
Transactions | Aug 12, 2024 Chancerygate, Hines buy site for urban logistics space in Worcestershire by Andrea Zander A joint venture between Chancerygate and Hines has purchased a site in Redditch, Worcestershire, U.K.
Transactions | Aug 12, 2024 Mitiska REIM, Park Lane Developments form retail park JV in Bulgaria by Released Mitiska REIM, on behalf of the MEREP 3 fund, has formed a joint venture partnership with Park Lane Developments to develop retail parks in Bulgaria. Â
Transactions | Aug 12, 2024 Ho Bee Land Sells 49% Stake in life science asset for $408m to sovereign wealth fund by Andrea Zander Ho Bee Land has agreed to sell a 49 percent stake in HB Universal Pte Ltd.
Research | Aug 12, 2024 Global edge data center market to cross $300b by 2026: JLL by Released Analysis by JLL predicts edge IT infrastructure and data centers will become a $317 billion market globally by 2026, representing a 107 percent growth from the 2020 market valued at $153 billion.
Investors | Aug 12, 2024 Wales Pension Partnership awards real estate investment contracts by Kali Persall The Wales Pension Partnership (WPP), a collaboration of the eight LGPS funds in Wales, has appointed Schroders Capital and CBRE to help facilitate implementation of its real estate investment proposition, following a rigorous public procurement exercise supported by bfinance and Hymans Robertson. Â
Fundraising | Aug 9, 2024 Assembly fund aims to raise additional $66m for second property fund by Andrea Zander Assembly Funds Management has plans to raise A$100 million ($66 million) for its Australian Diversified Property Fund 2 (ADPF2), reported media outlets.
Investors | Aug 9, 2024 Australia’s Scape raises $2b in debt by Andrea Zander Australian owner and operator of student housing Scape has closed on A$3 billion ($2 billion) in new debt financing, reported Mingtiandi.
Fundraising | Aug 9, 2024 Intercontinental Real Estate Corp. launches $500m U.S. value fund by Andrea Zander Intercontinental Real Estate Corp. has launched its Intercontinental U.S. Value Fund, L.P. (USVF) with a $500 million target.
Transactions | Aug 9, 2024 Assura buys €583m Northwest Healthcare Properties by Released Assura has agreed with Northwest Healthcare Properties to acquire its fully operational U.K. Private Hospital Portfolio.
Investors | Aug 9, 2024 Newmark arranges $300m JV between Catalyst and Heitman by Released Newmark Group has arranged a strategic joint venture between Catalyst Healthcare Real Estate and Heitman.
Research | Aug 8, 2024 Data center demand surges as supply struggles to keep pace, creating landlord-friendly market by Andrea Zander The data center industry is experiencing explosive demand growth driven by expanding use of technology and structural shifts in how data is consumed.
Transactions | Aug 8, 2024 Henley completes land purchase of Albert and Swedish Wharf in Fulham for €350m residential and logistics development by Released Henley Investment Management has secured a new global investment office investor to its joint venture in the redevelopment of Albert and Swedish Wharf in Fulham, one of the last remaining undeveloped riverside locations on the River Thames. Â
Investors | Aug 8, 2024 JPMorgan’s Campbell Global wins mandate for new evergreen timberland fund with Nest by Andrea Zander U.K. pension scheme Nest has appointed J.P. Morgan Asset Management’s timberland investment advisory company Campbell Global to establish a new evergreen timberland fund, according to media outlets.Â
Transactions | Aug 8, 2024 Cypress West, TPG Angelo Gordon JV closes medical office portfolio credit facility, target additional assets across sunbelt by Released Cypress West Partners in joint venture with TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG, has closed on a medical office portfolio financing and future acquisition credit facility.Â
Transactions | Aug 8, 2024 Equity Residential to acquire $1b apartment portfolio from Blackstone Real Estate by Released Equity Residential has agreed to acquire 11 apartment properties from Blackstone Real Estate strategies in separate transactions.
Research | Aug 8, 2024 Singapore leads Asia Pacific logistics rental growth amid regional moderation in H1 2024 by Released Rental rates for logistics spaces in Asia Pacific have sustained their upward trend, according to Knight Frank in its Asia Pacific Logistics Markets report for first half 2024. However, this growth has occurred at a more moderate pace compared with previous periods. Â
