Fundraising | Oct 25, 2017 BNP Paribas REIM launches new Eurozone logistics fund, holds first close by Jody Barhanovich BNP Paribas REIM has launched and held the first closing of the new CORE Eurozone Logistics Fund (ELF) in third quarter 2017.
Fundraising | Oct 25, 2017 Brickman launches new value-added fund by Jody Barhanovich Brickman has launched its newest investment vehicle.
Transactions | Oct 25, 2017 Saudi Arabia to build $500b megacity by Andrea Waitrovich Saudi Crown Prince Mohammed bin Salman announced plans to build a new city on the Red Sea coast.
Fundraising | Oct 25, 2017 Europa Capital raises €628m for real estate fund by Jody Barhanovich Europa Capital has raised €627.8 million ($742 million) for its real estate fund.
People | Oct 25, 2017 Cromwell Property Group Europe appoints managing director by Released Cromwell Property Group has appointed Mark McLaughlin as managing director of its European business.
Fundraising | Oct 24, 2017 Pennybacker Capital raises $390m for real estate fund by Jody Barhanovich Pennybacker Capital has raised $390.6 million for its fourth real estate fund.
Investors | Oct 24, 2017 Blackstone’s AUM up 7.7% year-over-year by Jody Barhanovich Blackstone had nearly $20 billion of capital inflows in the third quarter 2017.
Investors | Oct 24, 2017 Palmira Capital teams with Apollo fund to invest €1b in European logistics by Andrea Waitrovich Palmira Capital Partners has partnered with Apollo European Principal Finance III Fund to invest more than €1 billion ($1.2 billion) in modern logistics facilities across Europe.
Research | Oct 24, 2017 Investors holding $540b of pent-up capital demand for commercial real estate by Released JLL Gobal’s global capital markets experts have totaled an estimated $540 billion in capital that LP investors are holding to place into commercial real estate investments across the globe.
Investors | Oct 24, 2017 Potlatch and Deltic Timber to combine to create leading timberland REIT by Released Potlatch Corp. and Deltic Timber Corp. have entered into a definitive agreement to combine in an all-stock transaction and create a leading domestic timberland owner and top-tier lumber manufacturer.
Transactions | Oct 24, 2017 Related Cos. pays $234m for Manhattan development sites by Andrea Waitrovich Related Cos. has paid $234 million for six development sites in the Chelsea area of Manhattan.
Research | Oct 24, 2017 Private real estate investors driving up values in ‘safe havens’ by Andrea Waitrovich Private investors into commercial real estate may be forced to look beyond the world’s leading cities for better value, according to new data from Knight Frank’s 2018 Global Cities report.
Fundraising | Oct 24, 2017 Redwood-Kairos launches new value-added fund by Jody Barhanovich Redwood-Kairos Real Estate Partners has launched the next value-added fund in its value fund series.
Research | Oct 24, 2017 Asia Pacific investors spent £3.25b in Central London by Andrea Waitrovich The third quarter of 2017 saw investment of £4.82 billion ($6.33 billion) in Central London’s commercial property market, up from £3.1 billion ($4.1 billion) during third quarter last year and up from £4.41 billion ($5.79 billion) during second quarter this year, according to Cushman & Wakefield.
Fundraising | Oct 24, 2017 Harrison Street launches second European Property Partners fund by Jody Barhanovich Harrison Street Real Estate Capital has launched its second fund in its European Property Partners series.
Investors | Oct 24, 2017 Two Canadian firms invest in India logistics by Andrea Waitrovich LOGOS India has increased its Asian footprint by launching a new logistics venture with commitments from Ivanhoé Cambridge and QuadReal Property Group.
Research | Oct 23, 2017 New construction starts jump 14% in September by Andrea Waitrovich The value of construction starts surged 14 percent from August to a seasonally adjusted rate of $814.8 billion in September, according to Dodge Data & Analytics.
Investors | Oct 23, 2017 Virginia Retirement System invests in Asia-focused fund by Andrea Waitrovich The $76 billion Virginia Retirement System has committed $150 million to a fund managed by Blackstone.
Research | Oct 23, 2017 Modest third quarter farmland performance on stronger income, slight depreciation by Andrea Waitrovich The National Council of Real Estate Investment Fiduciaries has released the third quarter 2017 results of the NCREIF Farmland Index.
Transactions | Oct 23, 2017 Chinese developer pays $462m for Singapore development project by Andrea Waitrovich Logan Property Holdings Co. has acquired a Singapore-based residential development project for $462.2 million.