Transactions | Jun 15, 2023 Lendlease, Phoenix form new JV to develop logistics in Australia by Andrea Zander Lendlease and private equity real estate group Phoenix Property Investors have entered into an agreement to establish a new joint venture for the industrial and logistics in Sydney’s west.
Fundraising | Jun 15, 2023 Blue Drake Capital launches second healthcare real estate fund by Andrea Zander Blue Drake Capital has plans to raise $70 million for its second U.S. healthcare real estate fund.
Research | Jun 15, 2023 Volume at top North American ports drops by 20% by Andrea Zander Total container volume at the top 13 North American ports fell by 20 percent year-over-year in first quarter 2023.
Transactions | Jun 15, 2023 Kenedix merges three Japanese REITs into single $8.2b trust by Andrea Zander Japanese fund manager Kenedix intends to merge three of its sponsored J-REITs into a single trust.
Transactions | Jun 15, 2023 CBRE Investment Management to create more than 350 apartments in the Netherlands by Released CBRE Investment Management has signed an agreement with the Cartesius consortium.
Transactions | Jun 15, 2023 PGIM and CTR JV secures $180m loan for New Jersey project by Denise Moose A joint venture between PGIM Real Estate and CTR Partners secured a $180 million loan to finance the ground-up development of Garden State Logistics Center.
Investors | Jun 15, 2023 Federal Reserve pauses interest rate hikes for June by Andrea Zander The Federal Reserve held the federal funds rate at a range of 5 percent to 5.25 percent.
Transactions | Jun 15, 2023 BH Properties purchases 60-acre Oakland Hills campus of Holy Names University by Denise Moose BH Properties announced the purchase the 60-acre campus of Holy Names University in Oakland, Calif.
Research | Jun 15, 2023 JLL sees sustainable growth in Singapore’s co-living market by Released Singapore's nascent co-living market is currently fragmented and small compared to other established markets but will create significant opportunities for investors and operators in 2023 and beyond.
Investors | Jun 14, 2023 PA PSERS invests $200m in PIMCO Commercial Real Estate Debt II by Andrea Zander The $71.9 billion Pennsylvania Public School Employees' Retirement System (PSERS) has invested $200 million to PIMCO Commercial Real Estate Debt II, a private credit fund, managed by PIMCO.
Investors | Jun 14, 2023 Ontario Teachers' Pension Plan restructures real estate division by Andrea Zander Ontario Teachers’ Pension Plan has plans to search for a global head of real estate.
Fundraising | Jun 14, 2023 Pictet raises $362m for its second flagship real estate co-investment vehicle by Andrea Zander Pictet Alternative Advisors has announced the final close of its second flagship real estate co-investment fund at $362 million, exceeding its target size of $300 million.
Investors | Jun 14, 2023 Patron Capital and INBRIGHT launch €250m German light industrial platform by Andrea Zander Patron Capital and INBRIGHT have launched a platform to invest in sustainable light industrial assets in Germany.
Transactions | Jun 14, 2023 JLL secures $385m in debt and equity for The McBride Cohen Co. to finance phase I of waterfront, trophy mixed-use project by Released The McBride Cohen Co. has received $385 million in debt and equity for the construction of South Pier at Tempe Town Lake Phase I.
People | Jun 14, 2023 Europa names Amirali Kasraie as managing director by Released Europa has appointed Amirali Kasraie as managing director, investment management.