Transactions | Feb 28, 2024 CBRE Investment Management acquires portfolio of affordable rental properties in Ballerup, Greater Copenhagen by Released CBRE Investment Management, on behalf of a fund sponsored by the firm, has acquired a portfolio of two multi-family properties in Ballerup, Greater Copenhagen, Denmark.
Research | Feb 28, 2024 AEW’s research projects continued refinancing challenges despite falling borrowing costs by Released In its latest research, AEW is expecting €42.5 billion ($46.1 billion) of real estate loan defaults resulting in projected €14.5 billion ($15.7 billion) of CRE loan losses for lenders in the next three years.
Research | Feb 28, 2024 PNC survey shows business owner optimism continues to soar amid improving economic conditions by Released A majority of those surveyed (55 percent) are highly optimistic about the national economy, rocketing from 34 percent last fall and 26 percent a year ago, according to PNC.
Investors | Feb 28, 2024 CalSTRS releases its latest sustainability report by Lewis Dayton The California State Teachers’ Retirement System (CalSTRS) has released its latest Sustainability Report recapping 2022-2023.
Investors | Feb 28, 2024 Oklahoma Teachers makes $200m of real estate commitments by Lewis Dayton The Oklahoma Teachers’ Retirement System (OTRS) has approved commitments of $100 million to KKR Real Estate Partners Americas IV and $100 million to Starwood Distressed Opportunity Fund XIII (SDOF XIII), confirmed Phyllis Bennett, executive assistant, OTRS.
People | Feb 27, 2024 Starwood Capital Group appoints Jonathan Pollack as president by Released Starwood Capital has named Jonathan Pollack as its president.
Research | Feb 27, 2024 U.S. publicly traded REITs participation increases in GRESB by Andrea Zander U.S. publicly traded REITs have increased their participation in GRESB, growing from 45 REITs participating in 2020 to 72 in 2023.
Investors | Feb 27, 2024 Pro-invest Group set to enter residential in Australia by Released Pro-invest Group has entered the residential market with its new flexible living model, developed to capture the extensive potential of co-living across Australia.
People | Feb 27, 2024 Juniper Square names Brandon Sedloff chief real estate officer by Released Brandon Sedloff has been promoted to chief real estate officer at Juniper Square.
People | Feb 27, 2024 American Healthcare REIT adds former Green Street analyst to lead investor relations by Released Alan Peterson III has joined American Healthcare REIT.
Research | Feb 27, 2024 Retail market in Europe a mixed picture for investment; occupiers faring better thanks to luxury and tourism by Andrea Zander Investment in European retail fell 40 percent in 2023 vs. 2022, to €26.2 billion ($28.4 billion).
Transactions | Feb 27, 2024 Goodman Property Trust plans for $1b expansion by Andrea Zander Goodman Property Trust has plans to build new NZ$300 million ($185 million) fund to build data centers in Auckland, New Zealand, reported media outlets.
Investors | Feb 27, 2024 OMERS posts a 4.6% return for 2023 by Released The Ontario Municipal Employees’ Retirement System (OMERS), the defined benefit pension plan for broader municipal sector employees in the province of Ontario, generated a 2023 investment return of 4.6 percent, or $5.6 billion, net of expenses.
Investors | Feb 27, 2024 Four Australia super funds and IFM Investors to invest heavily in Australian housing by Released Four of Australia’s leading profit-to-member super funds, alongside industry super fund–owned IFM Investors, have announced they are working together to deploy capital into the housing sector to generate long-term risk-adjusted returns to members and increase housing supply.
Research | Feb 27, 2024 Global pension assets stand now at $55.7t after a bounce-back 2023 by Lewis Dayton Global pension assets are now worth $55.7 trillion thanks to a bounce-back 2023, according to a new study from the Thinking Ahead Institute (TAI).
Transactions | Feb 27, 2024 Precede Capital, QuadReal Property Group provide €123m financing for BlackRock and Outpost Management JV to fund BTR development by Released Precede Capital Partners, the B Corp certified real estate development lending platform, and QuadReal Property Group have provided a £105.2 million (€123 million/$tk million) three-year whole-loan facility to a London build-to-rent joint venture between BlackRock and Outpost Management.
Investors | Feb 26, 2024 A fool’s errand: Implications for NYC real estate investors from Trump ruling by Chase McWhorter A fool’s errand is defined as a needless or profitless endeavor. So, with that, I am writing my thoughts about the recent ruling in former President Donald Trump’s civil fraud case in New York state, and how that affects real estate investing.
Investors | Feb 26, 2024 Thriving Investments secures €116m equity commitment from Universities Superannuation Scheme for flagship PRS strategy by Released Thriving Investments as secured a further £100 million of equity.
People | Feb 26, 2024 LaSalle boosts global investor relations team with senior hire by Released LaSalle Investment Management has appointed Isabelle Brennan to senior managing director, credit and global solutions product specialist.
Investors | Feb 26, 2024 Illinois retirement approves new strategic asset allocation targets by Lewis Dayton The Illinois Municipal Retirement Fund (IMRF) has approved its strategic asset allocation targets as of Jan. 1, 2024, with a 10.5 percent target for private real assets.
