Transactions | Apr 5, 2024 City Developments, MItsui Fudosan make $816m bid for Singapore-based site by Andrea Zander A joint venture between City Developments Ltd and Japan’s MItsui Fudosan has bid for a site in Singapore’s District 10, along Zion Road, according to media outlets.
Transactions | Apr 5, 2024 A&E Real Estate unveils new mortgage lending arm by Released A&E Real Estate has formed A&E Real Estate Finance.
Transactions | Apr 5, 2024 Camber Dev., Dacon Corp. break ground on 238,000sf fully electric industrial distribution facility by Denise Moose Camber Development and Dacon Corporation celebrated the groundbreaking of a 238,000-square-foot industrial warehouse and distribution facility at 800 Salem St. in Wilmington, Mass.
Investors | Apr 4, 2024 Bain Capital, 11North Partners form open-air retail centers JV by Andrea Zander Bain Capital Real Estate and 11North Partners, a retail-focused investment platform, have formed a joint venture to acquire and operate open-air retail centers throughout the United States and Canada.
Investors | Apr 4, 2024 Värde Partners, David Weekley Homes announce land banking joint venture by Andrea Zander Värde Partners has formed a joint venture with David Weekley Homes to invest in land bank residential communities.
Transactions | Apr 4, 2024 Clarion Partners Europe acquires logistics asset in Sury-le-Comtal, France by Released Clarion Partners Europe has acquired a logistics asset in Sury-le-Comtal, France.
Fundraising | Apr 4, 2024 Savills raises €143m for first close of U.K. Simply Affordable Homes Fund by Andrea Zander Savills Investment Management has held a first close of the Savills IM Simply Affordable Homes Limited Partnership.
Investors | Apr 4, 2024 The logistics sector still holds promise for investors by Jennifer Molloy Years after macrotrends made the logistics sector a portfolio darling for institutional investors, what do current fundamentals look like? Can investors still be rewarded by their investments? These and other questions on investment in the logistics sector globally were addressed in a recent virtual roundtable with institutional investors and investment managers. The in-depth strategy session, hosted by Institutional Real Estate, Inc., was moderated by Reno Sio, managing director, Asia Pacific, at IREI.
Research | Apr 4, 2024 U.S. REITs rose in March but remain in negative territory by Loretta Clodfelter U.S. REITs rose in March but remain in negative territory at the close of first quarter 2024.
People | Apr 4, 2024 Affinius Capital appoints Emily Margolis to its global investors group by Released Emily Margolis has been named managing director for the global investors group at Affinius Capital.
Transactions | Apr 4, 2024 Medinvest, King Street invest in student residences across Spain by Released Medinvest Asset Management and King Street Capital Management have reached an important milestone, having invested close to €200 million ($215 million) since its formation in 2021.Â
Investors | Apr 4, 2024 Texas Municipal Retirement makes $400m of real estate commitments by Lewis Dayton The Texas Municipal Retirement System (TMRS) committed $200 million to Invesco Commercial Real Estate Finance Trust (INCREF) and $200 million to TPG Real Estate Credit Opportunities (TRECO) in fourth quarter 2023, according to recent documents.
Fundraising | Apr 4, 2024 Continental Properties holds final close at $105m for Opportunities Fund by Released Continental Properties Company, has announced the closing of its eighth commingled real estate fund.
Transactions | Apr 3, 2024 EQT Exeter acquires Commerce Way Distribution Center for $197m by Denise Moose EQT Exeter announced that it acquired Commerce Way Distribution Center, totaling 819,004 square feet in Fontana, Calif., for $197 million.
Transactions | Apr 3, 2024 CalPERS sells downtown Sacramento land at 301 Capitol Mall by Released CalPERS has sold its parcel of land at 301 Capitol Mall in downtown Sacramento, concluding a nearly two-year effort sparked by a changing focus in its real estate portfolio.
Transactions | Apr 3, 2024 Reef Group appoints Ardmore to deliver final phase of London’s largest purpose-built life science campus by Released Reef Group has appointed Ardmore, the construction company, to deliver the final phase of TRIBECA, London’s largest purpose-built life science campus, in the King’s Cross Knowledge Quarter.
Research | Apr 3, 2024 McKinsey survey: Hopeful economic outlook amidst geopolitical uncertainty by Andrea Zander In the latest McKinsey Global Survey on economic conditions, the outlook on domestic conditions in most regions has become more hopeful, despite ongoing shared concerns about geopolitical instability and conflicts.
Transactions | Apr 3, 2024 PAG buys Japan warehouses from Hines for more than $400m by Andrea Zander PAG, the Hong Kong-based alternative asset manager, has purchased a logistics center in central Japan from real estate developer Hines.
Transactions | Apr 3, 2024 GDS enters Japan in partnership with Gaw Capital to build 40MW Tokyo project by Released GDS and Gaw Capital Partners have formed a strategic partnership to build a 40-megawatt data center campus in Tokyo, Japan.
Transactions | Apr 3, 2024 CenterSquare Investment Management invests in Aligned Data Centers by Denise Moose CenterSquare Investment Management announced an equity investment in Aligned Data Centers, one of the largest and fastest-growing private data center developers in the Americas.