Transactions | Jul 18, 2024 Invesco Real Estate completes first mezzanine loan in Central Europe for Invesco Real Estate Europe Fund III by Released Invesco Real Estate has completed its first mezzanine lending deal in Central Europe on behalf of Invesco Real Estate Europe Fund III, the third European value-added strategy in succession for the firm.
People | Jul 18, 2024 Kayne Anderson Real Estate appoints Lee Levy as senior managing director and head of real estate debt by Released Kayne Anderson Real Estate has announced that Lee Levy has joined the firm as a senior managing director and head of real estate debt.
Research | Jul 18, 2024 Asia Pacific prime office rents continue to decline in Q2 2024, but signs of stabilization emerge by Released Knight Frank's Asia Pacific Prime Office Rental Index for Second Quarter 2024 shows a 3.1 percent year-on-year decline in regional prime office rents, marking a marginal improvement from the 3.2 percent drop in the first quarter.
Transactions | Jul 18, 2024 Qantas Super and Australian Retirement Trust enter into merger agreement by Released The Qantas Super Trustee Board has entered into an agreement to merge Qantas Super with one of the country’s largest superannuation funds, Australian Retirement Trust (ART).
Fundraising | Jul 18, 2024 Davis Cos. closes fifth real estate fund after raising $977m of capital by Released The Davis Cos. has raised $877.1 million into its Davis Investment Ventures Fund V.
Other | Jul 18, 2024 Illinois Teachers issues an RFP for real estate and real asset investment consultant services by Lewis Dayton The Teachers’ Retirement System of the State of Illinois (TRS Illinois) is requesting proposals from qualified consulting firms to provide real estate and real asset investment consultant services to assist the system in making prudent investment decisions, the system announced in a post on its website.
Investors | Jul 18, 2024 Texas Employees commits $75m to Faropoint Industrial fund by Lewis Dayton The Employees Retirement System of Texas (ERS of Texas) committed $75 million to Faropoint Industrial Value Fund III in May/June of 2024, just ahead of the fund’s close.
Transactions | Jul 17, 2024 Barings acquires prime Paris retail space by Released Barings has acquired a prime grocery retail asset on the 7th Arrondissement in Paris.
Transactions | Jul 17, 2024 Hines acquires three core assets, sending gross asset value of flagship commingled U.S. core plus fund HUSPP to $2b by Released Hines U.S. Property Partners (HUSPP), Hine’s flagship commingled U.S. core plus fund, has acquired two class A multifamily investments.
Investors | Jul 17, 2024 Cheyne Capital enters into joint venture with Regal for PBSA Development in Wembley by Released Cheyne Capital has entered into a joint venture with Regal.
Investors | Jul 17, 2024 Schroders Capital’s real estate team establishes strategic partnership with CBRE to provide fund administration services by Released Schroders Capital has signed an outsourcing agreement with CBRE that will provide real estate fund administration services in the United Kingdom and Luxembourg.
Research | Jul 17, 2024 Investors optimistic on residential transitional loans, says Churchill by Andrea Zander Despite the current state of interest rates, investors are optimistic about the residential transitional loan (RTL) space because RTL products are short-term and carry low risk, making them attractive and accretive relative-value investments, according to Churchill Real Estate in a recent report.
Research | Jul 17, 2024 Port-driven industrial growth: Insights from Lisa DeNight at Newmark by Andrea Zander Lisa DeNight, serves as national industrial research managing director at Newmark, discusses how the national industrial landscape could be influenced by a new wave of domestic supply chain challenges entering the latter half of the year.
Transactions | Jul 17, 2024 TA Realty, EdgeConneX to develop 324MW hyperscale campus in Atlanta by Released TA Realty and EdgeConneX have plans to develop a 324-megawatt hyperscale data center campus in Atlanta.
Investors | Jul 17, 2024 Greater Manchester Pension Fund makes commitment to Henley social housing fund by Lewis Dayton The Greater Manchester Pension Fund has made a commitment to Henley Investment Management’s Secure Income Property Unit Trust II.
People | Jul 17, 2024 Johns Hopkins University seeks new CIO by Lewis Dayton Johns Hopkins University is seeking a new CIO, according to a job listing.
Transactions | Jul 16, 2024 CAPREIT sells mobile home business to TPG for $540m by Released Canadian Apartment Properties REIT (CAPREIT) has plans to sell its mobile home business to TPG Real Estate for C$740 million ($540 million).
Research | Jul 16, 2024 Juniper Square: Exceeding investor expectations in a new investment era by Andrea Zander
Research | Jul 16, 2024 ANREV: ODCE Fund performance dragged by currency effects despite improved asset-level performance in Q1 2024 by Released The ANREV ODCE Asset Level Performance Consultation Report revealed that assets owned by Asia Pacific ODCE funds posted a total return of 0.85 percent in first quarter 2024.
Research | Jul 16, 2024 Five themes driving real estate in H2 2024 by Denise Moose Financial conditions remain the dominant driver of today’s market, and political and geopolitical uncertainties are in focus in many countries, along with interest-rate volatility, soft fundamentals and gaping quality divides, according to the recent mid-year update titled “Seeing the market as it is (not as we wish it to be),” by LaSalle Investment Management.
