Transactions | Nov 5, 2024 W. P. Carey announces sale-leaseback of 123 Convenience retail stores in Poland by Denise Moose W.P. Carey announced the sale-leaseback of 123 retail stores in Poland.
Transactions | Nov 5, 2024 Alterra IOS, J.P. Morgan Asset Management announce sale of 51-property IOS portfolio by Denise Moose Alterra IOS announced the sale of a 51-property portfolio to Peakstone Realty Trust in an off-market transaction valued at $490 million.
People | Nov 5, 2024 CBRE IM appoints portfolio manager for its European logistics strategy by Released CBRE Investment Management (CBRE IM) announced the appointment of Alina Iorgulescu as portfolio manager for its Europe logistics strategy.
Transactions | Nov 5, 2024 CapitaLand Investment raises S$261 million from Mitsui O.S.K. Lines for its Southeast Asia, India funds by Kali Persall CapitaLand Investment (CLI) has secured S$261 million ($198 million) of capital commitment from a new Japanese capital partner, Mitsui O.S.K. Lines (MOL), for its private funds in Southeast Asia and India.
Transactions | Nov 5, 2024 Mitsui Fudosan Logistics Park REIT announces merger with ADL by Kali Persall Japan’s Mitsui Fudosan Logistics Park (MFLP-REIT) has conducted an absorption-type merger with Advance Logistics Investment (ADL), a J-REIT specializing in logistics and sponsored by ITOCHU, to create a $3.8 billion industrial trust.
Transactions | Nov 5, 2024 Greykite, Gatehouse launch $973m U.K. SFR JV by Denise Moose GREYKITE European Real Estate Fund I and Gatehouse Investment Management have formed a joint venture to invest in purpose-built single-family rental (SFR) homes across the United Kingdom and have acquired an initial seed portfolio across 11 sites, in the Midlands, Yorkshire and the North East, from leading housebuilder Persimmon Homes.
People | Nov 5, 2024 Brunel Pension Partnership CIO to depart in 2025 by Kali Persall David Vickers, CIO at Brunel Pension Partnership, will be leaving in spring 2025 after four years in the role.
Transactions | Nov 4, 2024 CDL and Lianfa Group acquire mixed-use development site in downtown Shanghai for $1.25b by Kali Persall Singapore real estate company City Developments Ltd. (CDL), through its wholly owned subsidiary Chenghong (Shanghai) Investment Co., and People’s Republic of China partner Lianfa Group have secured the tender for a rare mixed-use development site in downtown Shanghai for RMB 8.94 billion ($1.25 billion).
People | Nov 4, 2024 Chua Hsien Yang to become CEO of Keppel REIT Management in January by Kali Persall Chua Hsien Yang will be appointed CEO of Keppel REIT Management effective Jan. 1, 2025, as part of Keppel’s succession planning and regular rotation of leadership roles.
Investors | Nov 4, 2024 State of Wisconsin Investment Board commits $321m to five investment programs by Elise Mackanych The State of Wisconsin Investment Board (SWIB) has reportedly committed $321 million total to five investment vehicles, according to news reports tracked by the IREI.Q database: FPA Core Plus Fund VI, Lone Star Real Estate Fund VII, Heitman U.S. Closed-End Debt Fund III, Realterm Airport Logistics Properties and RLIF Co-Investment Fund II.
People | Nov 4, 2024 Clarion Partners Europe appoints former Bouwinvest director Jasper Petit as chief strategy officer by Released Clarion Partners Europe, the real estate investment fund manager specializing in European logistics and industrial assets, has appointed Jasper Petit to the newly created role of chief strategy officer, effective immediately.
Transactions | Nov 4, 2024 Union Investment sells office building in Hamburg by Released Union Investment has sold an office building in Hamburg's old town to the property company Terrania.
Transactions | Nov 4, 2024 M&G Real Estate acquires majority stake in value-added real estate fund manager, BauMont by Released M&G Real Estate announced it has acquired a 65 percent stake in BauMont Real Estate Capital Limited (BauMont) – a leading European real estate fund manager specializing in value-add investment strategies in Western Europe.
Research | Nov 1, 2024 U.S. adds only 12,000 jobs in October amid storms, strikes by Loretta Clodfelter U.S. nonfarm payroll employment increased by 12,000 jobs in October, according to the Bureau of Labor Statistics, and the unemployment rate was unchanged at 4.1 percent.
Transactions | Nov 1, 2024 JLL Falcon kicks off new era of AI-powered CRE innovation by Released JLL announced the launch of its artificial intelligence (AI) platform, JLL Falcon, designed to accelerate the digital transformation of the commercial real estate (CRE) industry.
