Transactions | Jul 9, 2024 Savills IM adds six-story Amsterdam multifamily asset to flagship European Living Fund by Kali Persall Savills Investment Management (Savills IM) has acquired a new-build multifamily development, located in Amsterdam’s Ijburg submarket, in an off-market transaction.
Fundraising | Jul 9, 2024 Frasers Property secures $670m sustainability-linked loan by Kali Persall Frasers Property’s wholly-owned subsidiary, Frasers Property Treasury Pte. Ltd., has obtained a five-year sustainability-linked loan of S$904 million ($670 million).
Fundraising | Jul 9, 2024 KKR-backed CyrusOne secures $9.7b in new debt capital to fund U.S. data center projects by Kali Persall KKR-backed CyrusOne has closed a $7.9 billion warehouse credit facility to fund data center growth.
Other | Jul 9, 2024 CBRE expands real estate accounting partnership with AEW’s private equity group by Released CBRE has announced an expanded outsourcing agreement with AEW Capital Management to provide real estate accounting- and reporting-related services to AEW’s North American private equity group.
Investors | Jul 9, 2024 Archwest Capital secures strategic growth investment from Bain Capital by Released Archwest Capital, a lender specializing in non-owner-occupied residential real estate loan solutions, has secured a significant growth investment from Bain Capital.
Investors | Jul 9, 2024 Panattoni begins developing its first project in India by Released Panattoni, the largest logistics real estate developer in Europe, has begun developing the first phase of Panattoni Park NH71 in Delhi NCR, its first project in India.
Transactions | Jul 9, 2024 Dwight Capital, Dwight Mortgage Trust close $390m in seniors housing during second quarter 2024 by Released Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (DMT), financed $390.4 million in seniors housing during second quarter 2024.
Investors | Jul 9, 2024 Texas Teachers commits $75 million to Greenpoint real estate fund by Lewis Dayton The Teacher Retirement System of Texas (TRS of Texas) has made a commitment of $75 million to Greenpoint REPE Fund I. This is an existing relationship for TRS of Texas.
Transactions | Jul 8, 2024 Fiera’s European real estate debt platform provides £77m in financing to YourTRIBE Student Housing by Released Fiera Real Estate Debt Strategies has completed a £77 million ($99 million) senior investment loan to YourTRIBE to refinance two newly developed student accommodation assets.
Transactions | Jul 8, 2024 Mapletree Investments to sell eight-story office building in Singapore to Keppel Education Asset Fund by Kali Persall Mapletree Investments has agreed to sell an eight-story suburban office building to the Keppel Education Asset Fund (KEAF), a pan-Asia value-added education real estate fund, for S$160 million ($118.6 million).
Transactions | Jul 8, 2024 Iconic hotel in Prague enters the market by Kali Persall Ownership of Hilton Prague, the largest branded hotel in the Czech Republic and one of Europe’s leading conference and events hotels, could soon change hands, as global real estate adviser CBRE was appointed to sell the iconic hotel on behalf of the Irish Bank Resolution Corp.
Other | Jul 8, 2024 Invesco Real Estate to deliver 261-bed PBSA asset in Manchester by Kali Persall Invesco Real Estate, the $90 billion global real estate investment business of Invesco, is set to develop a 261-bed purpose-built student accommodation (PBSA) asset in Manchester, England, in partnership with PBSA developer Alumno Group.
Other | Jul 8, 2024 PATRIZIA opens doors to new international hub in London’s Covent Garden by Kali Persall PATRIZIA has moved its 200-strong U.K.-based team, which manages a significant portion of the firm’s €57 billion ($62 billion) of global assets under management and leads many of its discretionary investment strategies, into a new global headquarters located in London’s Covent Garden.
Transactions | Jul 8, 2024 Nuveen Real Estate acquires newly constructed logistics asset in Denmark via off-market deal by Kali Persall Nuveen Real Estate has acquired a newly constructed logistics asset in Horsens, Denmark, via a €33 million ($36 million) off-market transaction for its European Core Plus Logistics strategy. This represents the company’s first logistics investment in Denmark.
Investors | Jul 8, 2024 San Antonio Fire & Police commits $25m to Covenant Apartment Fund XII by Lewis Dayton The San Antonio Fire & Police Pension Fund (SAFPPF) has committed $25 million to Covenant Apartment Fund XII.
Fundraising | Jul 3, 2024 Lone Star Funds announces final closing of Lone Star Fund XII by Andrea Zander Lone Star Funds has held a $5.3 billion final close for its 12th opportunity fund, Lone Star Fund XII, L.P. (LSF XII).
Research | Jul 3, 2024 Three unheralded real estate sectors to watch in 2024: Storage, medical office, and hospitality by Desi Co, Accord Group In the current landscape of commercial real estate, varying levels of performance among traditional sectors have led some investors to explore investment opportunities within more niche asset classes.
Transactions | Jul 3, 2024 Hamilton Point Investments spends $450m of multifamily acquisitions by Released Hamilton Point Investments (HPI) has acquired a four-property Houston apartment portfolio totaling 1,174 apartment units built in 2022.
Transactions | Jul 3, 2024 Mitsui & Co., Realty Management acquires residential building in Tokyo by Released Mitsui & Co., Realty Management Ltd. (MBRM) has acquired Alpha Prime Toyocho from AM Alpha Kapitalverwaltungsgesellschaft mbH (AM Alpha).