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.
Investors | Apr 26, 2024 New Mexico SIC commits $550m to real estate funds by Lewis Dayton The New Mexico State Investment Council has approved a commitment of $100 million to Jadian Real Estate Fund II and a commitment of $150 million to WCP NewCold III, as well as a re-up commitment of $300 million to Carlyle Realty Partners X.
Research | Apr 26, 2024 Illiquid assets move up the investment agenda, study shows by RELEASED More than three-quarters (78 percent) of institutional investors and wealth managers will increase allocations to illiquid assets during the next five years, with 10 percent making dramatic increases, new research from international asset management company Managing Partners Group (MPG) reveals.
Research | Apr 26, 2024 U.S. GDP slows, inflation remains persistent by Lewis Dayton U.S. real GDP grew at a 1.6 percent annual rate in first quarter 2024, the Department of Commerce reported in its advance estimate.
Research | Apr 26, 2024 NCREIF Timberland Index posts 2.12% for first quarter by Released The National Council of Real Estate Investment Fiduciaries (NCREIF) has released first quarter 2024 results of the NCREIF Timberland Index.
Research | Apr 26, 2024 Some improvement in institutional property values, but returns still negative by Released The National Council of Real Estate Investment Fiduciaries (NCREIF) has released first quarter 2024 results for the NCREIF Property Index.
Transactions | Apr 26, 2024 PCCP, Stonemont Financial Group to develop class A speculative industrial warehouse near Tampa International Airport by Released PCCP and Stonemont Financial Group have formed a joint venture for the speculative development of Johns Road Industrial.
Transactions | Apr 26, 2024 Tishman Speyer acquires Shanghai hotel for multifamily conversion by Released Tishman Speyer announced it has acquired a 20-story property located at Wujiaochang in Shanghai from Pengxin.
Transactions | Apr 26, 2024 Hines acquires two office and logistics properties in Tokyo and Osaka by Released Hines has made two separate acquisitions in Japan.
Transactions | Apr 26, 2024 Intesa Sanpaolo, Coima sign €500m real estate deal by Andrea Zander Intesa Sanpaolo S.p.A., an Italian international banking group, has agreed to transfer a €500 million ($537 million) property portfolio to investment vehicles managed by real estate firm COIMA SGR.
Research | Apr 25, 2024 AEW European Research: Prime offices now offer best projected returns by Andrea Zander With inflation coming down to near-target levels during the past six months, central banks are widely expected to begin reversing some of their rate hikes in second half 2024, according to AEW in its 2024 Mid-Year European Outlook.
Research | Apr 25, 2024 Golden Triangle life sciences take-up increases 25 percent year-on-year by Released Life sciences take-up in the United Kingdom’s Golden Triangle region.
People | Apr 25, 2024 Pension Real Estate Association president Gail Haynes announces retirement in 2025 by Released The Pension Real Estate Association's president, Gail Haynes, has announced her plans for retirement, to take place at the end of 2025.
Investors | Apr 25, 2024 Value Partners launches Japan REIT Fund by Released Value Partners Group has launched Value Partners Japan REIT Fund in Hong Kong.
Transactions | Apr 25, 2024 KKR to acquire $1.64b student housing portfolio from BREIT by Andrea Zander KKR has plans to acquire 19 purpose-built student housing properties from Blackstone Real Estate Income Trust (BREIT) for $1.64 billion.
