Investors | Jun 25, 2024 Chancerygate, Hines buy England site for logistics JV by ANDREA Zander Chancerygate and Hines have launched another strategic joint venture together to develop multi-let urban logistics schemes.
People | Jun 25, 2024 First Sentier Investors appoints Adele Swan as chief people and culture officer by Lewis Dayton Adele Swan has been appointed First Sentier Investors’ new chief people and culture officer, a role she had held the acting position title for over the past three months, reported Jamie Williamson for Financial Standard.
Transactions | Jun 24, 2024 EQT to acquire third-largest cold storage owner-operator in Europe by Released EQT Infrastructure VI fund, a fund managed by EQT, has agreed to acquire Constellation Cold Logistics from Arcus Infrastructure Partners. Financial details are not disclosed.
Transactions | Jun 24, 2024 Starlight Investments expands U.K. portfolio with acquisition of 232-suite BTR community in Dartford by Released Starlight Investments, a global real estate investment and asset management firm, has exchanged on an acquisition to purchase a seven-building master-planned build-to-rent (BTR) community under development in Dartford, Kent, from Bellway London.
Research | Jun 24, 2024 Workplace dynamics: 10% of CHROs favor promotions for fully in-office workers by Released Approximately 10 percent of chief human resource officers (CHROs) expect that promotion eligibility will be increased for fully-in-office workers over fully remote workers, according o new survey from The Conference Board.
Research | Jun 24, 2024 Unaffordability expected to remain primary constraint on home sales by Released Affordability constraints continue to limit the number of buyers willing and able to make home purchases, even as listings of for-sale homes rise, according to the June 2024 com-mentary from the Fannie Mae Economic and Strategic Research (ESR) Group.
Transactions | Jun 24, 2024 JLL’s Hotels & Hospitality group arranges $575m financing for Diplomat Beach Resort by Released JLL’s Hotels & Hospitality group has arranged $575 million in financing for the Diplomat Beach Resort, a beachfront resort with 1,000 guest rooms in Hollywood, Fla.
Transactions | Jun 24, 2024 Aareal Bank to sell property management system to TPG and CDPQ for €3.9b by Released Aareal Bank and Advent International have entered into an agreement with TPG and CDPQ for them to acquire Aareon.
Investors | Jun 24, 2024 Virginia Retirement System commits $375m to real assets funds by Lewis Dayton The Virginia Retirement System (VRS) has committed $225 million to IPI Partners Fund III and $150 million to Pretium Single Family Rental Fund VI.
Transactions | Jun 24, 2024 WaFd Bank completes sale of $2.8b in multifamily loans by Released Washington Federal Bank (WaFd Bank), the wholly owned subsidiary of WaFd, has announced the consummation of the sale of approximately $2.8 billion of multifamily commercial real estate loans to Bank of America, which in turn is selling the loans to funds managed by Pacific Investment Management (PIMCO).
People | Jun 21, 2024 Pennybacker hires Jamie Pacala as managing director, real estate investments by Released Pennybacker Capital Management has hired Jamie Pacala as managing director, real estate investments, to lead investments across the Northeast and Southeast regions of the United States. Pacala is based in New York.
Research | Jun 21, 2024 New wave of supply chain disruptors to boost industrial demand in Southwest markets, says Newmark report by Andrea Zander The rest of 2024 is poised to deliver a new wave of supply chain disruptors closer to home in the industrial sector, potentially deepening industrial demand trends observed this year in some markets and driving new requirements in others, according to Newmark in its When it Rains, it Ports report.
Investors | Jun 21, 2024 Kentucky Teachers commits $60m to Carlyle Realty Partners X by Lewis Dayton The Teachers’ Retirement System of Kentucky (TRS of Kentucky) committed $60 million to Carlyle Realty Partners X, confirmed Robert B. Barnes, deputy executive secretary and general counsel at TRS of Kentucky.
Fundraising | Jun 21, 2024 Focus Healthcare Partners closes latest fund at $370m by Denise Moose Focus Healthcare Partners announced that it has completed the final closing of Focus Senior Housing Fund II LP.
Investors | Jun 21, 2024 GreenFort, Gaw Capital launch land lease community platform in Australia by Released Alternative Real Estate Fund Manager GreenFort Capital and Gaw Capital Partners have formed a joint venture, through their managed funds, to acquire and develop an A$800 million ($533 billion) pipeline of more than 50 land lease community projects.
Transactions | Jun 21, 2024 Mapletree Investments sells 894-bed student housing asset in Boone, N.C. by Released Mapletree Investments has sold The Cottages of Boone.
Research | Jun 21, 2024 First signs that European real estate recovery is near, says INREV by Released The latest INREV Consensus Indicator, designed to capture market sentiment and turning points, showed a second consecutive improvement with a headline reading of 53.6.
Investors | Jun 21, 2024 Ohio Police & Fire commits $75m to Fairfield multi-family fund by Lewis Dayton The Ohio Police & Fire Pension Fund (OP&F) has committed $75 million to Fairfield Value-Add Multi-Family Fund IV.
Investors | Jun 21, 2024 Nebraska Investment Council commits $61m to real estate funds by Lewis Dayton The Nebraska Investment Council (NIC) approved commitments of $30.5 million to Carlyle Realty Partners X and of $30.5 million to Kayne Anderson Real Estate Partners VII, confirmed Ellen Hung, state investment officer at NIC.
Research | Jun 20, 2024 Hines’ midyear outlook: Value-creation opportunities in a higher-for-longer environment by Released At the halfway point of 2024, the global real estate market remains in the middle of a critical transition period with opportunity abound – if managers know where to look. That’s according to Hines Research’s latest report, 2024 Mid-Year Outlook: Walking Through the Threshold.
