Investors | Mar 18, 2024 PGIM Real Estate expands agriculture financing platform to Australia by Released PGIM Real Estate has expanded its agriculture financing platform into Australia, a market key to its global growth strategy.
Transactions | Mar 18, 2024 British Land, Royal London form 50-50 JV by Released British Land and Royal London Asset Management Property have formed a 50-50 joint venture to accelerate the delivery of 1 Triton Square into a best-in-class science and innovation building at Regent’s Place.
People | Mar 18, 2024 Her journey series: Melissa Rose, senior managing director, capital markets at JLL by Andrea Zander Melissa Rose, senior managing director, capital markets at JLL, recently participated in a special feature highlighting accomplished women in the real estate sector for the Institutional Real Estate Americas publication.
Fundraising | Mar 18, 2024 Jamison Manwaring speaks about Neighborhood Ventures’ new multifamily fund by Lewis Dayton Arizona Multifamily Opportunistic Fund, recently launched by Neighborhood Ventures, is targeting a $75 million fundraise and will invest in multifamily commercial properties in Arizona that Neighborhood Ventures estimates are selling at a distressed rate of 30 percent below intrinsic value.
Other | Mar 18, 2024 Schroders launches U.K. Operating Hotels strategy with initial $127m commitment by Released Schroders Capital has announced that it has secured an initial £100 million ($127.4 million) commitment for a dedicated U.K. Operating Hotels strategy.
People | Mar 15, 2024 Strategic Value Partners appoints Mike Ungari as head of real estate by Released Strategic Value Partners has appointed Mike Ungari as head of real estate.
Transactions | Mar 15, 2024 Accord Group advises on $200m recapitalization transaction for Bixby Land Company by Released Accord Group Holdings has served as the exclusive financial adviser to the Bixby Land Company in its establishment of Bixby Industrial Fund 1.
People | Mar 15, 2024 Hadi Nasser joins Harrison Street as head of investor relations – Middle East by Released Harrison Street has appointed Hadi Nasser as head of investor relations – Middle East.
Investors | Mar 15, 2024 ESR Australia, Frasers Property Industrial jointly acquire land to create $591m industrial estate by Andrea Zander ESR Australia and Frasers Property Industrial have partnered in a 50-50 joint venture to acquire a 64.4-hectre (159.1-acre) parcel of land from Salta Properties in southeast Melbourne that will be developed into a premium industrial estate with a total end value of A$900 million ($594 million).
Investors | Mar 15, 2024 Alibaba plans to invest $1.1b in South Korea by Andrea Zander Alibaba Group, the company of Chinese ecommerce giant AliExpress, has plans to invest $1.1 billion in South Korea during the next three years to build a logistics center and expand businesses, according to Asia-based media outlets.
Investors | Mar 15, 2024 Goldman Sachs to resume bets on U.S. property by Andrea Zander Goldman Sachs Asset Management (GSAM) will resume “actively investing” in U.S. commercial property this year.
Investors | Mar 15, 2024 KKR eyes Japan real estate, reports Bloomberg by Andrea Zander KKR & Co. has plans to keep buying real estate assets in Japan, according to Bloomberg.
People | Mar 15, 2024 Her journey series: Soultana Reigle, head of U.S. equity, PGIM Real Estate by Andrea Zander Soultana Reigle, head of U.S. equity, PGIM Real Estate, shares her career experiences, provides expert perspectives on the industry and extends empowering guidance to fellow women professionals in the field.
Transactions | Mar 15, 2024 Oak Row Equities closes $181m construction loan for 2600 Biscayne Blvd. in Miami by Released Oak Row Equities announced it closed on a $181 million construction loan from Bank OZK for 2600 Biscayne Boulevard, a class AAA office and multifamily tower in Miami’s rapidly maturing Edgewater submarket.
Transactions | Mar 15, 2024 Pacific Equity Properties secures $135m for class AA mixed-use center in Malibu by Released Pacific Equity Properties announced that it secured $135 million in first-lien financing for Cross Creek Ranch.
Investors | Mar 15, 2024 California Employees makes more than $3b of real estate commitments by Lewis Dayton California Public Employees’ Retirement System (CalPERS) has increased funding to a number of its real estate opportunities.
Investors | Mar 14, 2024 Fund opportunities in consideration for Connecticut’s Retirement portfolio by Lewis Dayton Connecticut’s Investment Advisory Council (IAC) met with state treasurer Erick Russell on March 13, to review two upcoming investment opportunities for the Connecticut Retirement Plans and Trust Fund (CRPTF) portfolio.
Research | Mar 14, 2024 February’s inflation numbers reinforce Fed’s cautious stance by Lewis Dayton The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in February on a seasonally adjusted basis, a slight increase from January’s 0.3 percent rise.
People | Mar 14, 2024 Angela Johnson joins Noble Investment Group as managing principal by Released Noble Investment Group has appointed Angela Johnson as managing principal and head of global client solutions and strategic partnerships.
Transactions | Mar 14, 2024 KPR Center pays $180m for eight shopping centers, totaling 1.5msf of retail space by Released KPR Centers has expanded its footprint in the Midwest and bolstered its Florida-area holdings with the acquisition of an eight-property shopping center portfolio for $180 million.
