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.
Transactions | Jun 7, 2024 CIM Group sells Goodyear Airport portfolio by Released CIM Group has sold the Goodyear Airport portfolio.
People | Jun 7, 2024 Alex Bacchus named acting CIO of NZ Super Fund as Stephen Gilmore departs for CalPERS CIO role by Andrea Zander The Guardians of NZ Superannuation, the autonomous Crown entity that manages the $75 billion New Zealand Superannuation Fund, has appointed Alex Bacchus as acting CIO.
Investors | Jun 7, 2024 TPG Angelo Gordon, Ridgeback Group make $831m investment to U.K. Housebuilder by Andrea Zander GS8, a U.K. housebuilder specializing in planet-positive homes, has received a significant strategic investment from TPG Angelo Gordon and Ridgeback Group to support the continued growth of the business.
Transactions | Jun 7, 2024 Blackstone in talks to buy Village Hotels portfolio by Andrea Zander Blackstone is in exclusive talks to buy Village Hotels, one of Britain's biggest mid-market hotel chains.
Investors | Jun 7, 2024 Patria to acquire Nexus Capital, further expanding its real estate platform in Colombia by Released Patria Investments has plans to acquire Nexus Capital, one of the top independent alternative real estate asset managers in Colombia, with approximately $800 million in assets under management.
SPONSORED: UBS Asset Management – The U.K. versus U.S. life sciences markets by Jennifer Babcock High interest rates, cooling venture capital and an oversupplied market — will the United Kingdom follow the path of the U.S. life sciences real estate market?
SPONSORED: Actis – Sustainability is a must-have to protect real estate values and mitigate risks by Jennifer Babcock while decreasing carbon emission has always been important for the environment, today it is also essential for business reasons, as well, according to Actis.
SPONSORED: Kayne Anderson Real Estate – Investment tailwinds support viability of medical office assets by Jennifer Babcock Strong demand for healthcare by an aging population is supporting a follow-on strong demand for medical office products. Fifteen years ago, medical office assets were lumped with other real estate alternatives, says Lee Asher, a senior managing director on the medical office team for Kayne Anderson Real Estate.
SPONSORED: PATRIZIA – The role of amenities in strategic asset selection by Jennifer Babcock Urbanization continues to increase in European cities, and residential renters appear to be willing to pay more for convenience and high-quality amenities, according to a report by PATRIZIA.
Transactions | Jun 6, 2024 Valor extends Dutch last-mile logistics footprint with Waddinxveen acquisition by Released Valor Real Estate Partners has acquired a 12,632-square-meter (135,970-square-foot) urban logistics property in Waddinxveen, near Rotterdam, from Wayland Real Estate.
Transactions | Jun 6, 2024 Brookfield Asset Management considers bid for Tritax EuroBox by Andrea Zander Brookfield Asset Management has said it is in the “early stages” of assessing a cash offer for Tritax EuroBox but has not officially sent one to the firm, according to a statement.
People | Jun 6, 2024 Savills IM appoints Andrew Dreaneen as global head of natural capital by Released Savills Investment Management has appointed Andrew Dreaneen to the new role of global head of natural capital, working with Savills UK’s existing rural advisory practice.
People | Jun 6, 2024 Brad Gries named head of the Americas at LaSalle by Andrea Zander Brad Gries has been named head of the Americas at LaSalle Investment Management.
Research | Jun 6, 2024 Real I.S. Research: London is becoming an attractive target market for office properties again by Released The demand for space is currently growing faster than expected on London‘s office real estate market, and rents are going up, despite a weak economy, financial sector company relocations and the trend toward remote working all putting a strain on the market, according to Real I.S. Research.
Transactions | Jun 6, 2024 Commerz Real sells London office and commercial building Paternoster Square by Released Commerz Real has sold the fully leased office and commercial building Paternoster Square in London.
People | Jun 6, 2024 Inland appoints Cathleen Hrtanek as COO by Released The Inland Real Estate Group has appointed Cathleen Hrtanek to COO.
People | Jun 6, 2024 Pamela Thomas joins AvalonBay Communities as new executive vice president by Released Pamela Thomas has joined AvalonBay Communities as executive vice president, portfolio and asset management.