Fundraising | Feb 28, 2018 Almanac Realty raises $537m for debt fund by Jody Barhanovich Almanac Realty Investors, a real estate advisory firm based in New York City, has raised $537.1 million for its latest debt vehicle.
Investors | Feb 28, 2018 Illinois Municipal commits $150m in total to separate account fund by Jody Barhanovich The $41.3 billion Illinois Municipal Retirement Fund has committed a total of $150 million to a separate account.
Investors | Feb 28, 2018 LOGOS launches A$500m fund for logistics facilities by Andrea Zander Industrial developer and investor LOGOS has launched a $500 million fund to acquire logistics facilities in Australia.
AccorHotels sells majority holding in real estate arm for $5.4b by Andrea Zander French hotel company AccorHotels has signed agreements with a group of international investors to sell a majority stake in its real estate arm, AccorInvest, for €4.4 billion ($5.4 billion).
Commercial mortgages produce highest return since 2014 by Released John B. Levy & Co. has published the Giliberto-Levy Monitor for the fourth quarter of 2017, revealing that commercial mortgage investments totaled their highest full-year return since 2014.
People | Feb 27, 2018 Capview Partners names new managing director/ CIO by Released Capview Partners has hired Mark Manheimer as managing director and CIO, where he will lead investment and fund management.
Fundraising | Feb 27, 2018 Union Investment and ZBI launch joint residential fund by Andrea Zander Union Investment and ZBI Zentral Boden Immobilien have plans to launch an open-end core-plus real estate fund, ZBI Union Wohnen Plus.
Research | Feb 27, 2018 £1.32b invested in U.K. healthcare real estate in 2017 by Andrea Zander Knight Frank has reported a strong year for real estate healthcare investments with £1.32 billion ($1.83 billion) of transactions in 2017.
Real Estate | Feb 27, 2018 Seattle records highest increase among national home prices in U.S. by Jody Barhanovich The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6.3 percent annual gain in December, up from 6.1 percent in the previous month.
Investors | Feb 27, 2018 CA Ventures to invest $500m during next five years in European housing market by Andrea Zander CA Ventures has plans to invest $500 million over the next five years in the European housing market.
Investors | Feb 27, 2018 RioCan to reposition its retail assets to apartments by Andrea Zander RioCan REIT has plans to redevelop several of its retail properties into apartments, to capitalize on the rental boom.
Transactions | Feb 27, 2018 Swire Properties acquires $214m stake in Shanghai’s rising commercial district by Andrea Zander Citi-Fame Development has entered into an equity transfer agreement with Shanghai Newbund Industrial Development Co. for the acquisition of a 50 percent equity interest in Shanghai Qianxiu Co.
Investors | Feb 27, 2018 Indiana PRS commits $50m to LimeTree Capital by Jody Barhanovich The $28.3 billion Indiana Public Retirement System made a $50 million commitment as part of its real estate asset class portfolio.
Transactions | Feb 27, 2018 Alexander & Baldwin pays $254m for three Hawaiian retail centers by Andrea Zander Alexander & Baldwin has acquired three Hawaiian retail centers for $254 million.
Research | Feb 27, 2018 Performance of global gateway cities, 2007–2016 by Jennifer Molloy Since the global financial crisis, property investors have sought the perceived safety of portfolio diversity and capital growth in global gateway cities on the premise these economically dynamic and well-connected cities would provide greater liquidity and more stable cash flows than secondary markets, according to MSCI.
Transactions | Feb 27, 2018 Oxford Properties announces plans to develop 1.4msf Toronto tower by Andrea Zander Oxford Properties has plans to develop a new 1.4 million-square-foot commercial tower in Toronto’s South Core neighborhood. The HUB will be a dominant fixture on Toronto’s skyline.
Research | Feb 27, 2018 European logistics market: €40b of investment in 2017 by Andrea Zander The logistics market in Europe is thriving, boosted by a favorable economic backdrop, according to BNP Paribas Real Estate. Take-up for warehouses more than 54,000 square feet grew by 9 percent in 2017.
Investors | Feb 26, 2018 Paladin Realty to launch nearly a dozen real estate projects in Latin America in 2018 by Andrea Zander Paladin Realty Partners has plans to launch nearly a dozen residential and mixed-use development projects across Latin America in 2018.
Transactions | Feb 26, 2018 Brookfield to buy Chicago office for $305m by Andrea Zander Brookfield Asset Management and its partners plans to buy a 1.4 million-square-foot office building at 175 W. Jackson Blvd. in Chicago.
Investors | Feb 26, 2018 Hines enters Italian student housing market by Andrea Zander Hines has teamed up with Blue Noble to develop a 600-bed student accommodation facility in Milan.
