Research | Mar 14, 2018 Asian investors fuel record real estate transaction volume in 2017 by Andrea Zander The Global Investment Atlas 2018, produced by Cushman & Wakefield, shows the highest level of real estate investment on record with a total of $1.62 trillion in 2017 compared with $1.43 trillion in 2016, and the firm anticipates a further increase in 2018.
Investors | Mar 14, 2018 Chicago Policemen commits $10m to real estate value fund by Jody Barhanovich Chicago Policemen’s Annuity & Benefit Fund has committed $10 million to a fund managed by Mesirow Financial.
Investors | Mar 14, 2018 Q&A with Barbara Flusk of Citco Fund Services on outsourcing in the real estate sector by Andrea Zander Real estate fund managers have lagged behind other asset classes when it comes to outsourcing due to the complexity, hands-on nature and extensive oversight of operations required to manage the $3 trillion and growing industry, according to Citco Fund Services.
Transactions | Mar 13, 2018 Blackstone to make strategic minority investment in Rockpoint by Released Blackstone’s Strategic Capital Holdings Fund has acquired a minority equity stake in Rockpoint Group.
Transactions | Mar 13, 2018 CIM Group to develop residential property in Oakland, Calif. by Jody Barhanovich CIM Group, a vertically integrated owner and operator of real assets, has acquired a development parcel located at 1100 Clay Street from the City of Oakland.
Transactions | Mar 13, 2018 Legal & General takes full ownership of CALA Homes by Andrea Zander Legal & General has agreed to a £605 million ($844 million) takeover of U.K. homebuilder Cala.
Transactions | Mar 13, 2018 Blackstone Real Estate Income Trust acquires $1.8b Canyon Industrial Portfolio by Andrea Zander Blackstone Real Estate Income Trust has acquired the Canyon Industrial Portfolio.
Transactions | Mar 13, 2018 HNA sells property and logistics assets to Sun Hongbin by Andrea Zander HNA Infrastructure Investment, a listed unit of HNA Group, has sold its entire holdings in two companies to a subsidiary of Sunac China.
Investors | Mar 13, 2018 Apollo Global Management and Realty Partners to pursue real estate investment opportunities in Italy by Andrea Zander Funds affiliated with Apollo Global Management have formed a strategic partnership with Realty Partners.
Transactions | Mar 13, 2018 Catella to acquire majority stake in U.K. fund manager Apam by Released Catella AB, through Catella Property Fund Management AB, has plans to acquire a majority stake in U.K. real estate investment and asset management company APAM.
Investors | Mar 13, 2018 NW1 Partners announces the closing of its Washington, D.C., retail venture by Andrea Zander NW1 Partners has held a closing for its NW1 Washington DC Urban Retail Venture, with a target of $175 million of total assets.
Investors | Mar 13, 2018 Omega Immobilien and Yxime create a joint venture by Andrea Zander The Omega Immobilien Group has entered into a joint venture agreement with the French property management service provider Yxime.
Transactions | Mar 13, 2018 Brookfield takes over International Campus by Andrea Zander A real estate fund managed by Brookfield Asset Management has secured a controlling interest in European student housing firm International Campus Group.
Investors | Mar 13, 2018 PSERS commits $100m to industrial fund by Jody Barhanovich The $50.3 billion Pennsylvania Public School Employees’ Retirement System has committed $100 million to a fund managed by Cabot Properties.
Transactions | Mar 13, 2018 HNA Group to sell hospitality unit by Andrea Zander Hainan Airlines, the flagship carrier of HNA Group, will acquire HNA Hotel Group Holdings Limited and an unnamed overseas hotel operator, along with several aviation businesses.
Research | Mar 12, 2018 Major Japanese office markets are thriving by Jennifer Molloy Japan’s class A office markets of Tokyo and Osaka have retained strong property fundamentals, according to JLL’s Japan Property Digest Q4 2017.
Investors | Mar 12, 2018 PSERS commits $150m to debt fund by Jody Barhanovich The $50.3 billion Pennsylvania Public School Employees’ Retirement System has committed $150 million to Almanac Realty Securities VIII.
People | Mar 12, 2018 TH Real Estate promotes Michael Neal to CIO of Europe and Asia Pacific business by Released TH Real Estate has promoted Michael Neal to CIO of its Europe and Asia Pacific business.
Transactions | Mar 12, 2018 PGIM Real Estate acquires Paris office campus by Jody Barhanovich PGIM Real Estate has signed an agreement to acquire M Campus, a 45,000-square-meter office campus in Meudon, on the outskirts of Paris.
Fundraising | Mar 12, 2018 NRP launches new Nordic-focused fund by Jody Barhanovich NRP Asset Management has launched a new real estate fund, Fund VIII, with the same strategy as previous funds.
