Transactions | Jun 11, 2024 Mainova, BlackRock launch data center partnership at Mainova WebHouse by Released The Mainova Group has sold 50.1 percent of its shares in Mainova WebHouse GmbH to a fund managed by BlackRock's diversified infrastructure team.
People | Jun 11, 2024 Michael Winiarski joins Bain Capital Real Estate as managing director on investors relations team by Released Michael Winiarski has joined Bain Capital Real Estate as a Managing Director on the investor relations team.
Transactions | Jun 11, 2024 Blackstone Real Estate, MRP Group announce commencement of an all-cash tender offer for Terrafina by Released Blackstone Real Estate and MRP Group, a developer, owner and operator of real estate in Mexico, have announced that a Mexican trust formed by their affiliates has commenced a tender offer for up to 100 percent of the outstanding real estate trust certificates of Terrafina (BMV:TERRA 13) at a purchase price of $Mex38.50 ($2.10) per certificate.
Other | Jun 11, 2024 Fosun Hive, IDERA Capita form $100m equity JV set up to target Japan cold storage logistics by Released Fosun Hive Capital Management (FHCM) Singapore together with its related company IDERA Capital Management Japan (IDERA) has set up with a capital partner a joint venture to acquire a forward-commitment cold storage logistics asset in the greater Osaka region.
Transactions | Jun 11, 2024 CIM Group makes $125m loan commitment to support Applied Digital computing campus in North Dakota by Released CIM Group has closed on an initial $125 million loan commitment with a potential increase up to $200 million to Applied Digital.
Research | Jun 11, 2024 MSCI Media Advisory: European CRE investment returns turn positive in Q1 by Andrea Zander European commercial real estate delivered positive quarterly returns to investors in first quarter following 18 months of negative performance, according to MSCI’s Quarterly Europe Property Index.
People | Jun 11, 2024 Battersea Power Station appoints new CEO by Released Battersea Power Station Development Company (BPSDC), the Malaysian-owned operator and developer of London’s iconic Battersea Power Station, has appointed Donagh (Don) O’Sullivan as CEO.
Transactions | Jun 11, 2024 Nuveen Real Estate to sell interest in Edinburgh’s St James Quarter by Released Savills has been appointed by Nuveen Real Estate to market a 25 percent interest in Edinburgh’s St James Quarter, which completed in 2021 and provides residents and tourists with a world-class destination to shop, eat, drink, play and stay.
Transactions | Jun 11, 2024 MaxCap, Troon Group secure $264m development pipeline in Melbourne’s inner South-East by Released Joint venture partners MaxCap Group and Troon Group have secured a A$400 million ($264 million) development pipeline in Melbourne’s inner south-eastern suburbs.
Transactions | Jun 11, 2024 Patron Capital makes first residential development investment in Rome by Released Patron Capital has exchanged contracts to acquire a parcel of land for a residential development opportunity in Rome.
Transactions | Jun 10, 2024 Slate Asset Management buys seafood refrigeration and distribution facility in Oslo by Released Slate Asset Management has acquired the World Seafood Center.
Research | Jun 10, 2024 S&P Global Market Intelligence foresees rapid expansion of generative AI software market by 2028 to $52.2b by Andrea Zander As generative artificial intelligence (AI) technology pivots from research to the monetization and product launch stages, the software part of the generative AI market is now forecast to see significant expansion, reaching $52.2 billion by 2028 with a compound annual growth rate of 58 percent from 2023, according to S&P Global Market Intelligence.
Transactions | Jun 10, 2024 Azora acquires two urban hotels in Brussels by Released Azora has completed the acquisition of two hotels and two buildings adjacent to the hotels in central Brussels on behalf of its Azora European Hotel and Lodging Fund (AEHL).
People | Jun 10, 2024 PATRIZIA strengthens ESG team by Released PATRIZIA has made several appointments to its sustainability and impact investing strategy.
Transactions | Jun 10, 2024 Investis Group sells entire Real Estate Services segment by Released Investis signed an agreement to sell its entire Real Estate Services business to the Finnish PHM Group Holding Oy’s subsidiary PHM Group Oy.
Research | Jun 10, 2024 Washington, D.C., is top YIMBY Metro in America, according to inaugural Pacaso Report by Andrea Zander Pacaso has released its inaugural Pacaso YIMBY Report.
Transactions | Jun 10, 2024 CBRE Investment Management secures refinancing for 280 Bishopsgate, London by Released CBRE Investment Management (CBRE IM) and King Street Real Estate GP, LLC, in partnership with Arax Properties have secured refinancing of 280 Bishopsgate, the class A sustainable wellness-focused office scheme in the City of London.
People | Jun 7, 2024 Greystar appoints Matt Woodland as Australian managing director of investment management by Released Greystar has appointed Matt Woodland as Australian managing director of investment management.
Research | Jun 7, 2024 Mall visits see big increase in May, with indoor malls seeing foot traffic jump almost 9% by Released Shoppers piled into shopping malls of all types during the month of May — compared to last year, according to Placer.ai’s Mall Index, titled Placer.ai Mall Index: May 2024 Recap - Mall Visits on the Rebound.
Research | Jun 7, 2024 Renting continues to be more economical than owning by Andrea Zander Driven by record-high interest rates, renting continues to be more economical than owning, increasing the spread between homeownership and apartment rental costs to $824 in first quarter 2024, an 18.4 percent increase year-over-year, according Newmark’s First quarter U.S. multifamily capital markets report.
