Research | Aug 12, 2024 Global edge data center market to cross $300b by 2026: JLL by Released Analysis by JLL predicts edge IT infrastructure and data centers will become a $317 billion market globally by 2026, representing a 107 percent growth from the 2020 market valued at $153 billion.
Investors | Aug 12, 2024 Wales Pension Partnership awards real estate investment contracts by Kali Persall The Wales Pension Partnership (WPP), a collaboration of the eight LGPS funds in Wales, has appointed Schroders Capital and CBRE to help facilitate implementation of its real estate investment proposition, following a rigorous public procurement exercise supported by bfinance and Hymans Robertson.
Fundraising | Aug 9, 2024 Assembly fund aims to raise additional $66m for second property fund by Andrea Zander Assembly Funds Management has plans to raise A$100 million ($66 million) for its Australian Diversified Property Fund 2 (ADPF2), reported media outlets.
Investors | Aug 9, 2024 Australia’s Scape raises $2b in debt by Andrea Zander Australian owner and operator of student housing Scape has closed on A$3 billion ($2 billion) in new debt financing, reported Mingtiandi.
Fundraising | Aug 9, 2024 Intercontinental Real Estate Corp. launches $500m U.S. value fund by Andrea Zander Intercontinental Real Estate Corp. has launched its Intercontinental U.S. Value Fund, L.P. (USVF) with a $500 million target.
Transactions | Aug 9, 2024 Assura buys €583m Northwest Healthcare Properties by Released Assura has agreed with Northwest Healthcare Properties to acquire its fully operational U.K. Private Hospital Portfolio.
Investors | Aug 9, 2024 Newmark arranges $300m JV between Catalyst and Heitman by Released Newmark Group has arranged a strategic joint venture between Catalyst Healthcare Real Estate and Heitman.
Research | Aug 8, 2024 Data center demand surges as supply struggles to keep pace, creating landlord-friendly market by Andrea Zander The data center industry is experiencing explosive demand growth driven by expanding use of technology and structural shifts in how data is consumed.
Transactions | Aug 8, 2024 Henley completes land purchase of Albert and Swedish Wharf in Fulham for €350m residential and logistics development by Released Henley Investment Management has secured a new global investment office investor to its joint venture in the redevelopment of Albert and Swedish Wharf in Fulham, one of the last remaining undeveloped riverside locations on the River Thames.
Investors | Aug 8, 2024 JPMorgan’s Campbell Global wins mandate for new evergreen timberland fund with Nest by Andrea Zander U.K. pension scheme Nest has appointed J.P. Morgan Asset Management’s timberland investment advisory company Campbell Global to establish a new evergreen timberland fund, according to media outlets.
Transactions | Aug 8, 2024 Cypress West, TPG Angelo Gordon JV closes medical office portfolio credit facility, target additional assets across sunbelt by Released Cypress West Partners in joint venture with TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG, has closed on a medical office portfolio financing and future acquisition credit facility.
Transactions | Aug 8, 2024 Equity Residential to acquire $1b apartment portfolio from Blackstone Real Estate by Released Equity Residential has agreed to acquire 11 apartment properties from Blackstone Real Estate strategies in separate transactions.
Research | Aug 8, 2024 Singapore leads Asia Pacific logistics rental growth amid regional moderation in H1 2024 by Released Rental rates for logistics spaces in Asia Pacific have sustained their upward trend, according to Knight Frank in its Asia Pacific Logistics Markets report for first half 2024. However, this growth has occurred at a more moderate pace compared with previous periods.
Research | Aug 8, 2024 Industrial fundamentals softened in Q2 by Released Absorption figures for the U.S. industrial sector were strongest in the primary markets of Houston, Phoenix, Dallas–Fort Worth, Chicago and Atlanta, according to JLL in its second quarter outlook.
Transactions | Aug 7, 2024 Vornado’s retail JV enters into $350m transaction with UNIQLO by Released Vornado Realty Trust announced that its 52 percent owned street retail joint venture has entered into an agreement to sell UNIQLO the portion of its U.S. flagship store at 666 Fifth Avenue owned by the retail joint venture for $350 million.
Transactions | Aug 7, 2024 Sembcorp announces $528m strategic plan to lead in low-carbon industrial park developments by Andrea Zander Sembcorp Industries has plans for a strategic plan for the urban business to establish itself as a leading low-carbon industrial park player in Asia.
Transactions | Aug 7, 2024 Brookfield acquires stake in Journal Student Living by Andrea Zander Brookfield Asset Management has acquired a 50 percent stake in Journal Student Living.
Transactions | Aug 7, 2024 Strategic stake in Salesforce Tower, Sydney’s tallest skyscraper, listed for sale by Mitsubishi Estate Asia by Andrea Zander CBRE has been appointed to steer the International Expressions of Interest campaign for the 180 George Street skyscraper, Sydney’s most recently completed premium-grade office building.
Transactions | Aug 7, 2024 Revetas Group sells TriGranit to DRFG Investment Group by Released Revetas Group has sold TriGranit to DRFG investment group.
Research | Aug 7, 2024 Nationwide office visits hit a post-pandemic high during July by Andrea Zander Nationwide office visits hit a post-pandemic high during July, with visits being 72.2 percent of July 2019’s numbers—or down 27.8 percent compared to July 2019, according to the data in the Placer.ai Office Index: July 2024 Recap.
