IREI’s annual survey of investor intentions by Loretta Clodfelter Investors’ embrace of real estate was on display in the April release of the 2024 Institutional Investors Real Estate Trends report, which collects the results of Institutional Real Estate, Inc.’s Annual Investor Survey (now in its 28th year) and assesses institutional investors’ asset allocations, risk and return assumptions, expected capital flows, and real estate investment strategies for the coming year.
How to handle the altered investment landscape by Alex Frew McMillan Transactions in once-reliable sectors such as office have slowed to a crawl, faced with a structural shift in use, and many assets have not performed as predicted in a world of higher borrowing costs. So, investors are faced with a quandary: hold on to underwhelming fund positions or physical assets, with returns eaten away by rising interest rates, or sell when values, rents and deal flow are down.
People | Apr 30, 2024 Jeffrey Shuster named president of LaSalle Value Partners U.S. by Released Jeffrey Shuster has been named president of LaSalle Value Partners U.S. (LVP US).
Research | Apr 30, 2024 Significant appetite for growth across healthcare sector: CBRE UK by Andrea Zander Investors, developers and providers are looking to significantly increase their presence in the UK healthcare sector, according to CBRE’s 2024 UK Healthcare Sentiment Survey.
Transactions | Apr 30, 2024 Invesco Real Estate, Trammell Crow Co. to develop logistics warehouse in greater Berlin area by Released Invesco Real Estate and Trammell Crow Co. (TCC) have formed a partnership to develop a class A logistics facility at CORE Temnitzpark.
Transactions | Apr 30, 2024 Supermarket Income REIT enters French grocery real estate market by Released Supermarket Income REIT has acquired a portfolio of Carrefour supermarkets in France through a sale-leaseback transaction (SLB) for a total purchase price of €75.3 million ($80.7 million).
Transactions | Apr 30, 2024 Investor group led by Riverside to acquire The Townsend Group by Andrea Zander The Riverside Co. has announced that its affiliate has signed a definitive agreement to acquire The Townsend Group from Aon.
Research | Apr 30, 2024 Deloitte: 2024 commercial real estate M&A outlook by Released There will be a pick-up in transactions, according to Deloitte in its outlook report.
Research | Apr 29, 2024 Hong Kong’s office market records positive net absorption in March by Released Hong Kong’s overall class A office market recorded a positive net absorption of 137,000 square feet in March.
Transactions | Apr 29, 2024 PGIM Real Estate acquires 30-megavolt ampere data center development near Munich, Germany by Released PGIM Real Estate has acquired a property north of Munich, suitable for data center development, on behalf of its closed-end value-added fund European Value Partners (EVP) II.
Transactions | Apr 29, 2024 Kennedy Wilson, Haseko acquire two multifamily communities in Vancouver, Wash., for $90m by Released A real estate fund managed by Kennedy Wilson has partnered with Haseko Corporation to acquire The Farmstead and Villas at 28th Street communities in Vancouver, Wash.
People | Apr 29, 2024 Generali Real Estate strengthens its presence on global markets with strategic appointments by Released As part of the reorganization of Generali Real Estate S.p.A., led by CEO Aldo Mazzocco, Alberto Agazzi has been promoted to a new role focused on developing the company’s growth in global markets (United Kingdom, United States and Asia Pacific).
People | Apr 29, 2024 Griffin Capital welcomes Paul DeMartini as CIO by Released Griffin Capital has appointed Paul DeMartini to serve as CIO.
Investors | Apr 29, 2024 CPI PROPERTY GROUP to make €250m with Sona Asset Management for offices in Poland by Released CPI PROPERTY GROUP has signed a commitment agreement with Sona Asset Management (U.K.) LLP regarding a proposed equity investment of €250 million ($268 million) in Poland.
Transactions | Apr 29, 2024 Azora acquires two urban hostels in Dublin and Barcelona by Released Azora, the Madrid-based European real estate investment manager, has completed the acquisition of two hostels located in Dublin and Barcelona on behalf of its Azora European Hotel and Lodging Fund (AEHL) through a transaction with a fund managed by BlackRock.
People | Apr 29, 2024 BKM Capital Partners hires David Jensen as managing director, strategic partnerships by Released BKM Capital Partners announced it has hired David Jensen as managing director, strategic partnerships. Based in Newport Beach, Calif., he will report directly to Bill Gallipeau, chief financial officer at BKM.
Investors | Apr 29, 2024 New York Teachers commits $500m to real estate vehicles by Lewis Dayton The New York State Teachers Retirement System (NYSTRS) has committed $300 million to a Prima Separate Account, $100 million to GCM RE Equity Investment Partners 2024 I and $100 million to GCM RE Debt Investment Partners 2024 I.Â
Research | Apr 29, 2024 MSCI Real Assets: European commercial real estate investment falls for seventh consecutive quarter in Q1 by Released European commercial real estate investment fell for the seventh consecutive quarter in the first three months of 2024 as many buyers and sellers remained unwilling to transact given the uncertainties over pricing.
Investors | Apr 26, 2024 New Jersey DOI commits $250m to Bain Capital Real Estate Fund III by Lewis Dayton The New Jersey Division of Investment (NJDOI) has committed $250 million to Bain Capital Real Estate Fund III, confirmed Kevin Higgins, head of real estate, NJDOI.
People | Apr 26, 2024 Invesco hires new head of consultant relations by Lewis Dayton Karen Fernandes is joining Invesco as head of consultant relations, Clint Harris, head of wealth management platforms and institutional relations at Invesco US, announced on LinkedIn.
