Research | Apr 10, 2024 Q1 West End, London, investment market records $1.3b transactions by Andrea Zander Savills’ latest West End investment market update reveals that transaction volumes in first quarter 2024 reached £1.02 billion ($1.3 billion).
Research | Apr 10, 2024 U.K. rental and capital values rise in March for the retail, industrial sectors by Andrea Zander The fall in commercial property capital values slowed to 0.1 percent, while rental values rose by 0.2 percent in March 2024, according to the latest CBRE UK Monthly Index. Total returns rose to 0.4 percent in March compared with 0.2 percent in the previous month.
Transactions | Apr 10, 2024 M&G completes sale of ICON Yeoksam in South Korea by Released M&G Real Estate has completed the strategic divestment of ICON Yeoksam.
Transactions | Apr 10, 2024 Hilton Boston Back Bay sells for $171m by Released Certares, a global investment firm focused exclusively on the travel and hospitality industries, has announced its 12th hotel acquisition.
Investors | Apr 10, 2024 CBRE Group partners with electric-vehicle firm by Released Invisible Urban Charging has entered into an agreement with CBRE Group.
Transactions | Apr 10, 2024 Weave Living, KKR partnership makes first property acquisition by Andrea Zander Weave Living has successfully acquired its first property in Seoul under its urban living strategic partnership with KKR, according to a LinkedIn post.
Investors | Apr 10, 2024 Orange County Employees commits $150m to real assets funds by Lewis Dayton The Orange County Employees Retirement System (OCERS) has committed $75 million to Cerberus Institutional Real Estate Partners VI (CIREP VI) and $75 million to Stonepeak Infrastructure Fund V (SIF V), confirmed Mary-Joy Coburn, director of communications, OCERS.
People | Apr 10, 2024 Miriam Uebel joins LGIM by Lewis Dayton Miriam Uebel is joining Legal & General Investment Management (LGIM), one of the owrld’s largest asset managers, as deputy head of Europe, institutional.
People | Apr 9, 2024 Donald Quintin named CEO and global president of Lone Star by Released Donald Quintin has been appointed CEO and global president of Lone Star.
Transactions | Apr 9, 2024 Blackstone Real Estate to take AIR Communities private for approximately $10b by Andrea Zander Blackstone Real Estate Partners X has plans to acquire all outstanding common shares of Apartment Income REIT.
Research | Apr 9, 2024 Principal Asset Management report finds most new data center capacity is still in primary markets by Andrea Zander Fundamentals are why Northern Virginia remains the No.1 U.S. market for data centers, even as power and land are increasingly hard to come by, according to Princapial Asset Manegement in its recent report.
People | Apr 9, 2024 CBRE IM welcomes Scott Silverberg as Americas head of client solutions by Released Scott Silverberg has joined CBRE Investment Management (CBRE IM) as Americas head of client solutions, based in New York.
Transactions | Apr 9, 2024 Invitation Homes agrees to acquire approximately 500 additional newly built homes by Released Invitation Homes Inc. has plans to acquire approximately 500 additional newly built homes for a total investment of approximately $140 million.
Investors | Apr 9, 2024 Scape Australia closes third PBSA Development JV at $660m alongside APG and Ivanhoé Cambridge by Andrea Zander Scape Australia has formed a partnership with Dutch pension investor APG Asset Management N.V. (APG) and Ivanhoé Cambridge, a global real estate investor, to develop purpose-built student accommodation (PBSA) assets in Australia’s thriving student housing sector.
Investors | Apr 9, 2024 Swiss Life Asset Managers announces London co-living joint venture with True North Management by Andrea Zander Swiss Life Asset Managers has entered a strategic joint venture by acquiring a minority ownership stake in True North Management.
Fundraising | Apr 9, 2024 Keppel achieves first closing for flagship Keppel Sustainable Urban Renewal Fund by Released Keppel has held a first close for its Keppel Sustainable Urban Renewal Fund.
Transactions | Apr 9, 2024 Proprium sells 35% stake in Motel One to majority shareholder One Hotels & Resort for €1.25b by Andrea Zander Proprium Capital Partners, the real estate private equity firm, has sold 35 percent stake in Motel One Group, an European affordable design hotel company, to the majority shareholder One Hotels & Resorts GmbH (OHR), led by founder Dieter Müller, for a purchase price of €1.25 billion ($1.36 billion).
Investors | Apr 9, 2024 Louisiana Teachers commits $525m to real estate funds by Lewis Dayton The Teachers’ Retirement System of Louisiana (TRSL) has committed $400 million to TA Realty Core Property Fund and $125 million to Kayne Anderson Real Estate Partners VII.
Transactions | Apr 8, 2024 Development agreement signed to deliver €1b York Central regeneration by Released Homes England and Network Rail Property have signed a development agreement with McLaren Property and Arlington Real Estate to be strategic development partners for York Central, one of the United Kingdom’s largest city center regeneration schemes.
Fundraising | Apr 8, 2024 Fidelity International raises €200m with second real estate climate impact fund by Andrea Zander Fidelity International has launched its second real estate climate impact fund.
