Fundraising | Nov 19, 2024 Bain Capital closes Global Special Situations Fund with $5.7b in commitments by Released Bain Capital announced it completed fundraising for its latest Global Special Situations Fund, bringing the total amount raised for its second vintage of funds to $9 billion.
Other | Nov 19, 2024 DC BLOX to develop four hyperscale edge node data centers in southeastern U.S. by Kali Persall DC BLOX is developing four new hyperscale edge node sites, located in Montgomery, Ala.; North Augusta, S.C.; and Huntsville, Ala., in addition to the previously announced location in Conyers, Ga.
Transactions | Nov 19, 2024 Deutsche Finance International, Argo Real Estate expand U.K. urban logistics platform with Reading acquisition by Denise Moose Deutsche Finance International (DFI), a pan-European private equity real estate platform, has expanded its U.K. urban logistics and industrial platform, a joint venture with operating partner and co-investor Argo Real Estate, with the acquisition of the Headley Park 10 estate in Reading.
People | Nov 19, 2024 LaSalle Appoints Tara McCann head of Americas investor and consultant relations by Denise Moose LaSalle Investment Management (LaSalle) announced the appointment of Tara McCann as head of Americas investor and consultant relations, effective Nov. 4.
Transactions | Nov 19, 2024 Longpoint Partners acquires 26-building industrial portfolio in South Florida for $331m by Denise Moose Longpoint Partners announced that it has acquired a 26-building industrial portfolio in South Florida for $331.3 million.
Fundraising | Nov 19, 2024 Madison Capital Group launches $250m Go Store It Opportunity Fund by Elise Mackanych Madison Capital Group Holdings (MCH) has launched an investment initiative, Go Store It Opportunity Fund, with an equity fundraising target of $250 million.
Research | Nov 18, 2024 Urban retail rising in prime U.S. corridors by Mike Consol Urban retail is on the rise in U.S. cities.
Transactions | Nov 18, 2024 Hines acquires Onyx portfolio from SEGRO European Logistics Partnership by Released Hines announced the acquisition of the Onyx portfolio in France on behalf of the HEPP (Hines European Property Partners) fund from SEGRO, on behalf of SELP (SEGRO European Logistics Partnership).
Transactions | Nov 18, 2024 Pictet, Brunswick relaunch Lindu with acquisition of 75,000sqm last-mile logistic portfolio by Released Pictet Alternative Advisors (PAA), an independent unit within the Pictet Group, and Brunswick Real Estate are relaunching Lindu with the acquisition of a 75,000-square-meter (807,000-square-foot) last-mile logistic portfolio.
Transactions | Nov 18, 2024 Castle & Cooke secure $140m for class A power center in Corona, Calif. by Denise Moose Castle & Cooke has secured $140 million in financing for Crossings at Corona, a class A, 833,995-square-foot retail power center in Corona, Calif.
Research | Nov 18, 2024 Commercial real estate investment volume stabilizes at $90b in Q3 by Elise Mackanych Commercial real estate (CRE) investment volume stabilized at $90 billion in the third quarter, according to a third quarter report by CBRE.
Research | Nov 18, 2024 CRE transaction volume expected to increase in 2025 by Elise Mackanych After several years of decade lows for global commercial real estate transaction volume, 2025 may bring higher transaction volumes, according to a report by Oxford Economics.
Transactions | Nov 15, 2024 CapitaLand Ascendas REIT announces its first green-certified logistics distribution property in the U.S. by Kali Persall Singapore’s CapitaLand Ascendas REIT Management is developing its first green-certified logistics distribution property in the United States for S$94.8 million ($70.5 million).
Transactions | Nov 15, 2024 GIC divests U.K. shopping center stake at $208m loss by Jennifer Molloy GIC, Singapore’s sovereign wealth fund, has sold its 50 percent stake in U.K. shopping center Westquay to Hammerson, a U.K. REIT, for £135 million ($172 million), representing a loss of £164 million ($208 million) from GIC’s 2007 purchase price of £299 million ($380 million), according to Singapore’s The Business Times.
Research | Nov 15, 2024 European colocation data center vacancy rate to fall below 10% for the first time by Marek Handzel The European colocation data center vacancy rate is forecast to fall below 10 percent for the first time in the sector’s history by the end of 2024.
