Transactions | Nov 20, 2017 ATP and Danica enter into € 1.9b joint venture agreement on Danish shopping center portfolio by Andrea Waitrovich The two Danish pension funds, ATP and Danica, have entered into a joint venture agreement that will include 16 leading Danish shopping centers with a total value of € 1.9 billion ($2.2 billion).
Research | Nov 20, 2017 GIC acquires majority Stake in new innovation precinct in Melbourne by Released GIC, Singapore’s sovereign wealth fund, announced its participation as a majority investor in a new innovation precinct in Melbourne, Australia
Research | Nov 20, 2017 Asia Pacific property stocks outperform other regions globally by Christopher Hartung Due to a seemingly ever-expanding list of countries with better economic growth prospects, September extended the Asia Pacific property sector’s positive performance, with total returns of 1.3 percent. Impressively, three-quarters through 2017, the region has only suffered one month with negative returns, a nominal –0.3 percent return in June.
Transactions | Nov 20, 2017 Network Rail plans to sells it real estate business by Andrea Waitrovich Network Rail has plans to sell its £1 billion ($1.33 billion) commercial property portfolio.
Transactions | Nov 20, 2017 Mainstreet Health Investments acquires 42-property portfolio for $425m by Jody Barhanovich Mainstreet Health Investments, a healthcare real estate company, has entered into definitive agreements with Tiptree Inc. and certain subsidiaries to acquire Care Investment Trust for $425 million.
Transactions | Nov 20, 2017 Gaw Capital pays $252m for Singapore office by Andrea Waitrovich Everfit Sage Pte, a special-purpose vehicle managed by Gaw Capital Partners, has plans to purchase PoMo.
Fundraising | Nov 20, 2017 LaSalle raises more than £800m for Europe debt fund by Andrea Waitrovich LaSalle Investment Management has held a final close of its Europe debt fund.
Transactions | Nov 17, 2017 Chinese conglomerate to sell $5b in property projects by Andrea Waitrovich Dalian Wanda Group has plans to sell five large-scale projects in Britain, the United States and Australia to a single buyer for an estimated $5 billion.
Fundraising | Nov 17, 2017 1Sharpe Capital collects $500m for fund by Released Oakland, Calif.–based 1Sharpe Capital, a global asset manager, today announced the initial capital raise of $500 million.
Transactions | Nov 17, 2017 British Land unveils €220m London redevelopment by Andrea Waitrovich British Land has plans to invest £196 million ($259 million) in the redevelopment of an office building at Regent’s Place in London’s West End.
Transactions | Nov 17, 2017 SL Green to sell office building in Manhattan for $305m by Andrea Waitrovich SL Green Realty Corp. has sold 600 Lexington Avenue.
Transactions | Nov 17, 2017 Kennedy Wilson sells Alameda, Calif., apartment complex for $231m by Released Kennedy Wilson has sold the 615-unit Summer House apartment complex in Alameda, Calif.
Fundraising | Nov 17, 2017 Fabrix Capital launches second fund by Andrea Waitrovich London-based Fabrix Capital has launched Fabrix Fund 2.
Transactions | Nov 17, 2017 Recent commercial real estate transactions by Roxy Rhodes Transactions reported this week included the sale of an industrial portfolio.
Investors | Nov 17, 2017 Catella establishes fund management Catella Residential Investment Management GmbH by Released Sweden-based property firm Catella has founded a new company, the Catella Residential Investment Management GmbH (CRIM).
Fundraising | Nov 17, 2017 Allianz, TH Real Estate to raise $750m for China outlet mall fund by Andrea Waitrovich Allianz and TH Real Estate have set up a $750 million fund, ERES APAC II – China Outlets, a core-plus and closed-ended U.S.-denominated fund that will invest in premier outlet malls in China.
Transactions | Nov 17, 2017 Adler acquires €385m Berlin mixed-use project by Andrea Waitrovich Adler Real Estate AG has paid €385 million ($454 million) for a mixed-use project in Berlin.
Investors | Nov 17, 2017 HIERS commits $50m to Starwood opportunity fund by Jody Barhanovich The Employees’ Retirement System of the State of Hawaii has committed up to $50 million to a fund managed by Starwood Capital Group.
Transactions | Nov 16, 2017 Korean investors purchase complex in Düsseldorf by Andrea Waitrovich Hamburg-based Quantum Group has acquired an office complex in Düsseldorf on behalf of a consortium of Korean institutional investors.
People | Nov 16, 2017 TH Real Estate makes key hires to Americas product development and research teams by Released TH Real Estate has appointed two senior executives, in newly created roles.
