Transactions | Feb 2, 2024 Brennan Investment Group buys 31-building-portfolio in Fort Lauderdale and Denver by Released Brennan Investment Group has acquired 31 buildings in Denver and Deerfield Beach, Fla., part of the Fort Lauderdale, Fla., metro area.
Fundraising | Feb 2, 2024 American Landmark Fund IV holds final close with $1.04b of capital commitments by Lewis Dayton The Florida-based multi-family owner-operator American Landmark Apartments announced that it has held a final close for American Landmark Fund IV (ALF IV) with a total of $1.04 billion in capital commitments, surpassing its initial target fundraise of $975 million.
Other | Feb 1, 2024 Fed keeps rates steady and will watch for further good data before making any cuts by Lewis Dayton The Federal Open Market Committee once again moved to keep its rates steady during its meeting on Jan. 31. The decision to keep rates between 5.25 and 5.5 per cent comes as Fed chair Jerome Powell stressed the importance of continued progress towards a two percent inflation target.
Investors | Feb 1, 2024 Ohio Employees commits $575m to real estate and infrastructure funds by Lewis Dayton The Ohio Public Employees Retirement System (OPERS) committed $300 million to Lubert-Adler Workforce Housing II (LAWH II) and $275 million to GI Data Infrastructure Fund II (GIDIF II) in first half 2023, confirmed Michael Pramik, communication strategist/spokesperson (OPERS).
Research | Feb 1, 2024 New healthcare entrants drive investment in services and care by Released New entrants into healthcare continue to be the first movers in driving digital health innovation and consumer-focused patient care, according to JLL.
Research | Feb 1, 2024 France and the Netherlands present the best industrial & logistics opportunities for investors in 2024 by Released The markets set to provide the greatest value opportunities for European industrial and logistics investment in 2024 include France and the Netherlands, both of which have seen rental growth above 30 percent since first quarter 2022, according to Savills.
Research | Feb 1, 2024 MSCI Real Assets: European CRE investment tumbles to lowest in 11 years in 2023 by Released European commercial real estate investment fell in 2023 to the lowest level since 2012.
Research | Feb 1, 2024 Why the surge in bankruptcies is no cause for panic, says Oxford Economics by Andrea Zander After an average increase in bankruptcies of nearly 50 percent across the G7 from 2021-2023, a further double-digit rise is likely in 2024. But while the surge in bankruptcies sounds alarming, it comes from abnormally low levels during the pandemic, according to Oxford Economics.
Investors | Feb 1, 2024 RBC Investor Service’s Canada DB plans generated 9.1 percent return in 2023 by Lewis Dayton RBC Investor Services (RBCIS) has reported that its Canadian Defined Benefit (DB) pension plans generated a collective 9.1 percent return for 2023, after an 8.2 percent median return in the fourth quarter 2023.
Research | Feb 1, 2024 Understanding the U.S. data center market in 2024 by Lewis Dayton Data centers are becoming more dominant fixtures in our society as their use cases increase due to the increased application of artificial intelligence and high-performance computing.
Investors | Feb 1, 2024 New Jersey DOI makes $650m of real assets and real estate investments by Lewis Dayton The New Jersey Division of Investment (NJDOI), one of the largest U.S. pension fund managers, has made an investment of $500 million as an initial capitalization for an NJ StepStone Real Assets SMA and a commitment of $150 million to KSL Partners Tactical Opportunities Fund II, confirmed Niraj Agarwal, head of real assets, NJDOI.
SPONSORED: Greystar – 2024 outlook steady for multifamily by Jennifer Babcock Multifamily looks to remain stable with solid fundamentals in 2024, although rent growth will likely moderate from the prior year, while somewhat lower interest rates may encourage some renters to purchase housing.
SPONSORED: DWS – Whole-life carbon is key to reaching net zero by Jennifer Babcock As reducing carbon emission grows ever more significant in real estate investment strategy and asset management, embodied carbon or whole-life carbon, has emerged as an important element in measuring carbon impact.
SPONSORED: EG – Australia’s resilient economy and demographics create real estate investment opportunities by Jennifer Babcock Australia is the world’s leading lithium producer and has significant copper, nickel and cobalt reserves, making it an important exporter of energy-transition resources.
SPONSORED: Kayne Anderson Real Estate – Get comfortable being uncomfortable by Jennifer Babcock “It’s an exhilarating time, prospectively, to be investing in real estate,” says Al Rabil, CEO of Kayne Anderson and CEO and co-founder of Kayne Anderson Real Estate.
SPONSORED: Walton Street Capital – Perfect storm in real estate creates unique investment opportunity by Jennifer Babcock A smart-sector strategy is a good way to approach the current real estate marketplace with its “an increasing pipeline of stress and distress,” explains Walton Street Capital’s co-founder and managing principal, Jeff Quicksilver.
How to get tenants using renewable energy by Marek Handzel What property owners need to meet their decarbonisation targets and what information many tenants are prepared and able to hand over to them remain two quite distinct things.
Issues with EU disclosure and taxonomy regulation by Marek Handzel When assessing the existing ESG rules set out in the EU disclosure and taxonomy regulation for the real estate sector, writes Jochen Schenk, chief executive officer and chair of the board at Real I.S., one particular question springs to mind: Does the current regulatory framework actually work?
How to mitigate risk when predictive models are unclear and traditional benchmarks are suspect by David Rees If economic trends are now harder to predict, as the G30 report argues, similar observations could be made about real estate markets. The effect of COVID-19 in real estate markets is probably more long-lasting and profound than the legacy of the global financial crisis.
Asia Pacific price correction and discovery in 2024 by Benjamin Cole As 2024 unfolds, the prospects for Asia Pacific commercial real estate are better than at any time since the COVID-19 pandemic seized the global stage in 2019. After the market-warping lockdowns and business restrictions of the pandemic era, property investors in Asia Pacific then faced rounds of inflation-fighting rate hikes by major global and most regional central banks.