Investors | Mar 5, 2018 ICG-Longbow and SDL Group launch BTR joint venture by Andrea Zander ICG-Longbow and residential group SDL have launched a new joint venture targeting the build-to-rent (BTR) sector with plans to build more than 2,000 homes over the next three years.
Fundraising | Mar 5, 2018 MedProperties launches $250m healthcare fund by Jody Barhanovich MedProperties Holdings, a Dallas-based private equity firm solely dedicated to investments in healthcare real estate, is seeking $250 million for its newest real estate fund.
Investors | Mar 5, 2018 LACERA commits $50m to Europe realty fund by Jody Barhanovich The $48.9 billion Los Angeles County Employees Retirement Association has committed $50 million to a Europe realty fund.
Investors | Mar 5, 2018 IMRF increases exposure to real estate to 9% by Jody Barhanovich The $41.3 billion Illinois Municipal Retirement Fund has increased its exposure to the real estate asset class.
People | Mar 5, 2018 Hearthstone appoints new CEO by Released London-based Hearthstone Investments, a residential property investment specialist, has appointed Cedric Bucher as CEO.
People | Mar 5, 2018 JLL makes leadership appointment in Indonesia by Released JLL has appointed James Allan to head of markets Indonesia.
Transactions | Mar 5, 2018 Korea Investment Management acquires Brussels buildings for $454m by Andrea Zander Korea Investment Management Co. has obtained a 99-year leasehold for €370 million ($454 million) on two buildings in Brussels.
Fundraising | Mar 5, 2018 Barings launches bridge finance fund by Jody Barhanovich Barings, a diversified real estate investment manager, has launched its newest investment vehicle.
Investors | Mar 5, 2018 Paladin Realty opens fourth Latin America office in Peru by Released Paladin Realty Partners has opened a new regional office in Lima, Peru.
Transactions | Mar 2, 2018 HNA to sell shares in Hilton spinoff by Andrea Zander Chinese conglomerate HNA Group has plans to sell a portion of its 25 percent stake in Hilton’s spinoff’s Parks Hotels & Resorts, according to an SEC filing.
Transactions | Mar 2, 2018 Gerch Group pays €212m for Frankfurt police HQ by Andrea Zander The state of Hessen has sold Altes Polizeipräsidium, formerly a police headquarters, to the project developer Gerch Group for €212 million ($261 million).
Investors | Mar 2, 2018 Fort Worth seeks general investment consultant by Jody Barhanovich The $2.1 billion Fort Worth Employees’ Retirement Fund is seeking a general investment consultant.
Research | Mar 2, 2018 CMBS delinquency rate falls sharply, down 32 bps in February by Jody Barhanovich The Trepp CMBS Delinquency Rate fell sharply in February, as the rate has now dropped in eight straight months. The delinquency rate for U.S. commercial real estate loans in CMBS is now 4.51 percent, a decrease of 32 basis points from the January level.
People | Mar 2, 2018 State Street Asia Pacific names new head by Andrea Zander State Street Global Advisors has announced James MacNevin has been appointed its Asia Pacific business head, effective immediately, replacing Lochiel Crafter in the role.
Transactions | Mar 2, 2018 Oaktree Capital Partners pays €250m for Ireland mall by Andrea Zander U.S. private equity firm Oaktree Capital Partners has completed its acquisition of the Square Towncentre in Dublin.
People | Mar 2, 2018 HB Reavis names CEO by Andrea Zander Slovakia-based European developer and investor HB Reavis has appointed Marian Herman as its new CEO.
Investors | Mar 2, 2018 Ohio BWC commits $75m to multifamily fund by Jody Barhanovich Ohio Bureau of Workers’ Compensation committed up to $75 million to a value-added, closed-end real estate fund.
Research | Mar 2, 2018 Record AUM figure for German open-ended real estate funds by Marek Handzel German open-ended real estate funds hit a record €89.2 billion ($110 billion) in assets under management in 2017, as higher yields relative to other investment options continued to draw investor interest.
Transactions | Mar 2, 2018 Recent commercial real estate transactions by Roxy Rhodes Transactions reported this week included a three-property hotel portfolio.
Investors | Mar 2, 2018 Recent commercial real estate commitments by Loretta Clodfelter IREI’s FundTracker database captured seven real estate commitments in the past month.
