Transactions | May 23, 2017 Asian investors continue to target London properties by Andrea Waitrovich Capital from Asia is continuing to flow into the London property market. Recently, NorthStar Realty Europe Corp. has partnered with China Resources Land to acquire 20 Gresham St.
Research | May 23, 2017 German real estate expensive for institutional investors by Released German real estate is expensive for institutional investors, according to a fourth annual survey by Universal-Investment.
Transactions | May 23, 2017 Klépierre buys Spanish retail complex for €233m by Andrea Waitrovich Klépierre has acquired Nueva Condomina, a shopping mall in the region of Murcia, Spain.
People | May 23, 2017 Argosy hires new VP, head of asset management by Released Argosy Real Estate Partners has hired William McGinley Jr. as its new vice president and head of asset management.
Fundraising | May 23, 2017 Warburg-HIH raises €100m for new retail fund by Jody Barhanovich Warburg-HIH Invest Real Estate has raised €100 million ($112.2 million) for new retail fund.
Transactions | May 23, 2017 German investor buys Seattle Facebook office for $286m by Andrea Waitrovich Dusseldorf-based Commerz Real, a real estate arm of Commerzbank Group, has purchased a 345,992-square-foot, state-of-the-art, 10-story, class A office building in Seattle for $286 million.
ElmTree Funds Partners with China Life by Released ElmTree Funds has announced a $950 million recapitalization with a wholly owned subsidiary of China Life Insurance Group.
Research | May 23, 2017 Food and beverage tenants to be main anchor tenants by Andrea Waitrovich Large destination shopping centers can benefit from creating dining destinations, according to the ICSC report The successful integration of food and beverage within retail real estate.
Research | May 22, 2017 U.S. retailers lead expansion to new markets by Released Retailers’ expansion into new markets increased by 2 percent in 2016, down from 3.1 percent.
Investors | May 22, 2017 Simon to invest $1b in 2017, malls aim to enhance guests’ experiences by Andrea Waitrovich Simon Property Group has plans to invest $1 billion into the retail sector in both 2017 and 2018, with a focus on adding to the guests’ experience, a growing demand in the sector.
Research | May 22, 2017 Multifamily housing construction slips in April by Released The value of new construction in April dropped 13 percent from the previous month to a seasonally adjusted annual rate of $647.8 billion, according to Dodge Data & Analytics.
Fundraising | May 22, 2017 Ares raises $415m for U.S. real estate fund by Jody Barhanovich Ares Management has raised $415 million for its real estate fund.
Fundraising | May 22, 2017 DivcoWest raises $1.4b for fifth fund by Jody Barhanovich DivcoWest has raised $1.385 billion for its fifth fund.
Transactions | May 22, 2017 Haseko to add $300m mixed-use complex to Hawaii resort by Released Haseko Development has plans for a $300 million major expansion to its resort on the island of Oahu in Hawaii.
Transactions | May 22, 2017 Phillips Edison Grocery Center REIT I to acquire real estate assets and asset management business by Released Phillips Edison Grocery Center REIT I has plans to acquire the real estate and asset management business of its sponsor and external adviser.