Transactions | Jan 11, 2018 Blackstone Group to buy Maui resort for $1.1b by Andrea Zander Blackstone Group has plans to pay $1.1 billion to acquire the Waldorf Astoria-branded hotel Grand Wailea resort in Hawaii.
Research | Jan 11, 2018 U.K. hotel investment reaches £5b by Andrea Zander The U.K. hotel 2017 investment total reached £5 billion ($6.8 billion), increasing 35 percent year-on-year, according to Knight Frank.
Transactions | Jan 11, 2018 Hudson Pacific Properties sells four California office properties for $255m by Jody Barhanovich Hudson Pacific Properties has sold four office properties in Northern and Southern California for $254.8 million.
Fundraising | Jan 11, 2018 ASG holds €489m final close by Jody Barhanovich ActivumSG Fund V has secured €489 million ($589 million) at its final close of capital-raising.
Fundraising | Jan 11, 2018 Singerman Real Estate holds $500m final close for opportunity fund by Jody Barhanovich Singerman Real Estate has held a $500 million final close.
Transactions | Jan 11, 2018 Corestate buys five housing projects in Germany for €670m by Andrea Zander Corestate Capital Holding SA has acquired five project developments with a total of more than 1,700 new micro-apartments in Germany.
Investors | Jan 11, 2018 Hawaii commits $50m to Kayne Anderson fund by Jody Barhanovich Employees’ Retirement System of the State of Hawaii has committed $50 million to a fund managed by Kayne Anderson Capital.
People | Jan 11, 2018 Blue Moon Capital Partners promotes director, investments by Released Blue Moon Capital Partners has promoted Elyse Hanson to director, investments.
Investors | Jan 11, 2018 San Francisco commits $75m to self-storage fund by Jody Barhanovich The $21.4 billion San Francisco Employees’ Retirement System has committed $75 million to a prime self-storage fund managed by Crow Holdings Capital Partners.
Fundraising | Jan 10, 2018 KKR holds $2b final close for real estate fund by Jody Barhanovich KKR has held a $2 billion final close.
Transactions | Jan 10, 2018 Ventus Group launches JV equity partner search for $300m mixed-use development by Released Ventus Group has launched its search for joint venture equity partners for a $300 million mixed-use development.
Research | Jan 10, 2018 Denver retail market saw highest space under construction in Q4 2017 since Q2 2009 by Jody Barhanovich The Denver retail market had more than 1.6 million square feet of retail space under construction in fourth quarter 2017, the highest amount since second quarter 2009, according to CBRE.
Transactions | Jan 10, 2018 PGIM sells Shanghai office property to BlackRock by Andrea Zander PGIM Real Estate has sold Waterfront Place, an office property in Shanghai, on behalf of Asia Property Fund (ASPF) III.
Transactions | Jan 10, 2018 Another Asian investor makes office buy in Minneapolis by Andrea Zander Singapore-based Mapletree has acquired 50 South Sixth, a 29-story office tower in downtown Minneapolis.
Investors | Jan 10, 2018 NM State approves $150m in real estate commitments by Jody Barhanovich New Mexico State Investment Council has approved previously reported commitments to two real estate funds.