Other | Jun 13, 2024 Mercer to acquire Cardano by Released Mercer has reached an agreement to acquire Cardano.
Transactions | Jun 12, 2024 Catella’s pan-European Fund CER III acquires student housing property in Leipzig by Released The Catella European Residential III Fund (CER III) has acquired a 177-unit, fully rented student housing development in Leipzig, Germany.
Research | Jun 12, 2024 REITs increase 4.6 percent in May by Loretta Clodfelter U.S. REITs advanced in May but remain in negative territory year-to-date.
Transactions | Jun 12, 2024 Sagard Real Estate makes first investment in partnership with state public pension plan, buys industrial property in San Diego by Andrea Zander Sagard Real Estate, formerly known as EverWest Real Estate Investors, has purchased an industrial property in the infill Miramar submarket of San Diego. This is the firm’s inaugural terms were not disclosed.
Investors | Jun 12, 2024 Nuveen secures CalPERS funding to preserve affordable housing, build resilient communities by Andrea Zander The $2.47 billion California Public Employees’ Retirement System (CalPERS) has made a $100 million investment in the Nuveen Real Estate U.S. Affordable Housing Fund, managed by Nuveen, the investment manager of TIAA.
Research | Jun 12, 2024 Student housing preleasing at record pace but slowing, Yardi Matrix reports by Andrea Zander Preleasing at the Yardi 200 reached 80 percent in May, still slightly above last year's rate, according to the latest Yardi® Matrix National Student Housing Report.
Investors | Jun 12, 2024 Amazon adds $1.4b to Housing Equity Fund to create 14,000 additional affordable homes by Released Amazon has committed an additional $1.4 billion in funding to the Amazon Housing Equity Fund.
Transactions | Jun 12, 2024 Prime Group acquires three self-storage portfolios comprised of 30 properties across 10 states by Released Prime Group Holdings has acquired 30 self-storage properties comprising about 1.725 million rentable square feet across 10 states.
People | Jun 12, 2024 CEO of U.K. and Ireland announces decision to retire from role in 2025 by Released Tony Horrell, CEO of United Kingdom and Ireland, has decided to retire from his role as Colliers CEO in 2025.
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.
