Transactions | Jul 31, 2024 Parkway Life REIT acquires nursing home in Osaka, Japan by Andrea Zander Parkway Life REIT (PLife REIT) has agreed to acquire HIBISU Higashi Sumiyoshi, a nursing home property in Japan’s Osaka prefecture, for JPY2.45 billion (approximately $15.48 million), according to media outlets.
Research | Jul 31, 2024 Asia Pacific hotel transactions surge 19% in H1 2024 by Released Asia Pacific recorded $5.7 billion in hotel transactions over the first half of 2024, led by significant deals in Japan, China and Singapore, according to JLL.
Investors | Jul 31, 2024 Louisiana Firefighters yields 5.2% return for the fiscal year by Lewis Dayton The Firefighters’ Retirement System of Louisiana generated a 5.2 percent return for the fiscal year that ended June 30, slightly underperforming its 5.6 percent benchmark.
Investors | Jul 31, 2024 CalSTRS generates an 8.4% return during fiscal year by Lewis Dayton The California State Teachers’ Retirement System (CalSTRS) produced an 8.4 percent net return on its investments during the fiscal year that ended June 30, outperforming its 7.4 percent benchmark.
Transactions | Jul 31, 2024 NH to buy Seoul office tower for $650m by Andrea Zander South Korea-based NongHyup Financial Group is in talks to acquire landmark office building Donuimun D Tower, located in Seoul, for approximately $650.1 million, reported The Korean Economic Daily.
Transactions | Jul 31, 2024 Keppel to acquire Chennai office complex for $264m by Released Keppel Ltd. has entered into an agreement to acquire a 100 percent stake in One Paramount, a freehold class office complex in Chennai, India, for an agreed property value of approximately INR 22 billion ($263 million).
Real Estate | Jul 30, 2024 Private real estate pricing shows signs of stabilization: Blue Vault by Andrea Zander Private real estate pricing is showing signs of stabilization, according to Blue Vault Partners.
People | Jul 30, 2024 The Roxborough Group appoints Sam Caven as managing director of acquisitions by Released The Roxborough Group has announced the appointment of Starwood Capital Group veteran Sam Caven as managing director of acquisitions.
Transactions | Jul 30, 2024 Dash Living and BlackRock collaborate on first multifamily acquisition in Tokyo by Andrea Zander Dash Living, Asia Pacific–based provider of rental housing, and BlackRock, through a fund managed by its real estate business, have teamed up to invest in an upscale multifamily asset in Japan.
Research | Jul 30, 2024 Asia Pacific real estate outlook shifts due to delayed rate cuts: CBRE by Released A rebound of Asia Pacific’s commercial real estate investment activity remains on hold due to delayed interest rate cuts and continuous repricing activity, according to CBRE’s 2024 Asia Pacific Real Estate Market Outlook Mid-Year Review.
Fundraising | Jul 30, 2024 COIMA SGR plans for €200m COIMA Olympic Village Fund by Andrea Zander COIMA SGR, on behalf of institutional investors, has set up the COIMA Olympic Village Fund (COVF).
Transactions | Jul 30, 2024 DWS acquires ‘next generation’ prime logistics asset in Greater Paris by Released DWS has acquired a newly constructed prime logistics asset located in Greater Paris from French developer Télamon, also the facility’s builder.
Investors | Jul 30, 2024 Florida State Board commits $425m to real estate opportunities by Lewis Dayton The Florida State Board Administration (Florida SBA) has committed $150 million to Carlyle Realty Partners X, $150 million to Starwood Distressed Opportunity fund XIII Global and $100 million to AEW Partners Real Estate fund X, it announced in its second-quarter new managers report.
Investors | Jul 29, 2024 Watkin Jones forms joint venture with HGP, sells PBSA development in London by Andrea Zander Watkin Jones has plans to sell a new 397-bed purpose-built student accommodation (PBSA) development together with workspace and commercial units in Stratford, East London, to the Housing Growth Partnership (HGP).
Transactions | Jul 29, 2024 Staley Point Capital, Bain Capital Real Estate sell two Southern California Assets for $53m by Released Staley Point Capital and Bain Capital Real Estate have sold two assets totaling 183,000 square feet on 9.2 acres located at 5530 Beach Blvd. and 5609 River Way in Buena Park, Calif.
Investors | Jul 29, 2024 CIM Group partners with Michael Bickford venture to create Round Hill Capital Ventures by Andrea Zander CIM Group has provided financing for the creation of Round Hill Capital Ventures, a newly formed investment platform that has acquired management contracts for assets formerly managed by Round Hill Capital.
Transactions | Jul 29, 2024 Rockpoint acquires Charleston student housing community by Released Rockpoint and Realco Capital Partners (RCP) has acquired Summit Place, a class A, midrise student housing community in Charleston, N.C.
Investors | Jul 29, 2024 PATRIZIA targets €100b AUM by 2030, establishes new ‘Re-Infra’ asset class and appoints new group executive committee by Kali Persall PATRIZIA has announced a new mid-term strategy to reach €100 billion ($109 billion) assets under management (AUM) by 2030 and become the go-to manager for smart real asset solutions by focusing on five key growth areas: living, value-add strategies, “Re-Infra” and smart city solutions, European infrastructure, and its independent Advantage Investment Partners (fund-of-funds) platform.
Research | Jul 29, 2024 European real estate investment volumes in first half of year up 10% on 2023 by Released Investment into European real estate reached €86.5 billion ($93.6 billion) in first half 2024, up 10 percent on first half 2023, according to CBRE.
Research | Jul 29, 2024 Revolutionizing investment management with AI-driven solutions by Othman Kabbaj, DueDeal.ai Many users valiantly attempt to clean their data, but ultimately it is a Sisyphean task for us mere human mortals. The rate at which data is generated today in most cases far outpaces any reasonable efforts to keep it pristine. Errors creep in, inconsistencies abound, and before long, the data you rely on is fraught with inaccuracies.
