Research | Oct 11, 2017 Office and hotel sectors to provide biggest property investment opportunities by Andrea Waitrovich More than a third (34 percent) of institutional investors believe the biggest real estate investment opportunities will be found in the office sector and the same number in the hotel & hospitality industry over the next 12 months, according to BrickVest.
Transactions | Oct 11, 2017 Multiplex to build $2.8b Melbourne development by Andrea Waitrovich OSK Property Holdings Bhd and the Employee Provident Fund Malaysia (EPF) have appointed Multiplex, a Brookfield company, to develop the first phase of the $2.8 billion Melbourne Square development in Melbourne, Australia.
Fundraising | Oct 11, 2017 KKR holds $1.1b final close for real estate fund by Jody Barhanovich KKR, a leading global investment firm, has held a $1.1 billion final close.
Transactions | Oct 11, 2017 Balfour Beatty wins $260m contract by Andrea Waitrovich Balfour Beatty has been awarded a $260 million contract for a premier development in Miami.
Transactions | Oct 11, 2017 Facebook plans another data center by Andrea Waitrovich Facebook has plans to build a $1 billion data center in Henrico County, Va.
Investors | Oct 11, 2017 Pennsylvania PSERS earns 10.14% in fiscal year 2017 by Jody Barhanovich Public School Employees’ Retirement System has posted a positive return of 10.14 percent for the fiscal year ended June 30, 2017.
Transactions | Oct 11, 2017 Blackstone, Brookfield, CPPIB to acquire stakes in four India residential projects by Andrea Waitrovich Kotak Realty Fund is in talks with Blackstone and two Canadian entities, according to media outlets.
Fundraising | Oct 10, 2017 Starlight commences $1.3b U.S. multifamily acquisition program with new institutional partners by Jody Barhanovich Starlight Investments has commenced its $1.3 billion U.S. multifamily acquisition program with new institutional partners.
Fundraising | Oct 10, 2017 Noble Investment Group launches value-added hospitality fund by Jody Barhanovich Noble Investment Group has launched a value-added hospitality fund
Transactions | Oct 10, 2017 Blackstone, Brookfield to buy Sabadell’s hotel arm by Andrea Waitrovich U.S. asset management firms Blackstone and Brookfield have made offers to buy Spanish Banco Sabadell’s hotel arm, HI Partners.
Transactions | Oct 10, 2017 Xenia buys three hotels for $409m by Andrea Waitrovich In two separate deals, Xenia Hotels & Resorts has acquired three hotels for a total sales price of $409 million.
Investors | Oct 10, 2017 Phillips Edison creates grocery-focused REIT by Andrea Waitrovich Phillips Edison has created one of the largest REIT exclusively focused on grocery-anchored shopping centers.
Investors | Oct 10, 2017 BVK increases Capman’s Nordic residential mandate to €500m by Released Bayerische Versorgungskammer has increased its mandate to CapMan Real Estate.
Investors | Oct 10, 2017 Thai family office buys European hotel business by Andrea Waitrovich Hua Kee has acquired a share in Cycas Hospitality.
Investors | Oct 10, 2017 Avignon Capital and McCafferty launch property management company by Released Avignon Capital has launched Platinum Property Management in a joint venture with McCafferty Asset Management.
Transactions | Oct 10, 2017 Equus Capital Partners sells 22-property multi-housing portfolio for $467m by Andrea Waitrovich Equus Capital Partners has sold a 22-property, value-added multi-housing portfolio for $467 million.
Fundraising | Oct 10, 2017 Valor Real Estate Partners and AIG launch logistics fund by Andrea Waitrovich Valor Real Estate Partners and AIG have plans to launch a new investment fund.
Research | Oct 10, 2017 Spain tops best country for travel and tourism, Japan jumps five places by Andrea Waitrovich Spain tops the 2017 edition of the Travel & Tourism Competitiveness Report 2017, The World Economic Forum global rankings for the second time. However, Asia-Pacific is emerging as the most-improved region.
Research | Oct 10, 2017 London remains top European city for real estate investment by Jody Barhanovich The top three European cities for real estate investment remain unchanged year-on-year, with London benefitting from three times the investment volumes of either Paris or Berlin which are firmly second and third, according to Colliers International’s Capital Flows: Developing Not Cooling report.
Transactions | Oct 9, 2017 Singapore REIT bids to fully acquire M&C Hotels by Andrea Waitrovich The Singapore-listed real-estate company City Developments has agreed to buy the remaining shares in Millennium & Copthorne Hotels.
