Fundraising | Nov 8, 2023 Stonelake Capital Partners closes on $746m real estate fund by Andrea Zander Stonelake Capital Partners has held a final close of its seventh opportunistic real estate fund, Stonelake Opportunity Partners VII.
Research | Nov 8, 2023 European real estate ESG index reveals year-on-year decline in energy consumption by Released Deepki has released the latest findings of its annual ESG Index.
People | Nov 8, 2023 Australian Retirement Trust hires a head of investment resilience and planning by Lewis Dayton The Australian Retirement Trust (ART), with more than $260 billion of assets under management, has appointed Jody Fitzgerald as the head of investment resilience and planning.
Investors | Nov 8, 2023 CalPERS develops a 2030 Sustainable Investment Strategy by Lewis Dayton The California Public Employees’ Retirement System (CalPERS) has developed a 2030 Sustainable Investment Strategy that aims to put the pension fund on a pathway to a net-zero portfolio by 2050.
Transactions | Nov 8, 2023 American Healthcare REIT enters into purchase option agreement to acquire full ownership of Trilogy REIT Holdings by Released American Healthcare REIT (AHR) has entered into a purchase agreement with affiliates of NorthStar Healthcare Income.
Research | Nov 8, 2023 AECOM publishes report on business leaders’ perceptions, key opportunities and challenges for the energy transition by Andrea Zander AECOM has released its report, The Future of Infrastructure: Lost in transition?
Transactions | Nov 8, 2023 Harrison Street, Capstone complete Phase 1 of Residential Village at UW Bothell by Released The University of Washington Bothell, Capstone Development Partners and Harrison Street have completed the first phase of the new on-campus Residential Village with a ribbon-cutting ceremony in Bothell, Wash.
People | Nov 7, 2023 Galven Tan joins Knight Frank as CEO Singapore by Andrea Zander Galven Tan has agreed to join Knight Frank in Singapore as the property consultancy’s chief executive, reported local Singapore media outlets.
Transactions | Nov 7, 2023 Brent Cross Town secures €111.7m green loan from LaSalle by Andrea Zander Related Argent and joint venture partner Invesco Real Estate have appointed the main contractor and secured the debt finance for the development of Brent Cross Town’s second build-to-rent (BTR) building, enabling construction of 286 new homes.
Transactions | Nov 7, 2023 COIMA, Redo agree to take forward MilanoSesto, Italy’s largest urban regeneration project by Released COIMA SGR and Redo SGR, a firm focusing on affordable housing and social impact urban regeneration, have agreed to a major deal to take forward MilanoSesto, Italy’s largest regeneration project.
Transactions | Nov 7, 2023 Dash Living Japan acquires seed asset in JV with Schroders by Andrea Zander Dash Living, an Asia Pacific provider of rental housing, and Schroders have jointly completed the acquisition of a strategic seed asset located in Ryogoku to further expand their portfolio in the Japan property market, which has been enjoying a surge in institutional capital inflow of late and increasing investments by major real estate investors.
Investors | Nov 7, 2023 WeWork files for bankruptcy amid office market downturn by Andrea Zander WeWork has filed for bankruptcy for its U.S. operations.
Transactions | Nov 7, 2023 Goldman Sachs sells part of Milan office for €50m by Andrea Zander Goldman Sachs Asset Management has sold a portion of the complex known as San Babila Business Center, located in Corso Vittorio Emanuele II 24-28 in Milan, to an Italian private investor.
Research | Nov 7, 2023 Colliers releases Q3 2023 APAC cap rates report by Andrea Zander Colliers’ Third Quarter 2023 APAC Cap Rates Report has found that ongoing interest rate pressures across Asia Pacific continue to pose challenges for the real estate sector in generating favorable returns relative to the cost of capital.
People | Nov 7, 2023 Vincent Tuohey named next president of PRINCO by Andrea Zander Vincent Tuohey has been named the next president of the Princeton University Investment Co. (PRINCO).
Research | Nov 7, 2023 Healthy demand for U.S. multifamily apartments as rental growth slows in third quarter 2023 by Andrea Zander The U.S. multifamily market continued to see healthy demand in the third quarter of 2023, though rent growth slowed from previous highs, according to CBRE’s latest research.
Research | Nov 7, 2023 Endowment and foundation investors see challenges ahead, according to Graystone Consulting Study by Andrea Zander Graystone Consulting has published its first annual institutional investor survey.
Transactions | Nov 7, 2023 AXA IM Alts to extend French logistics footprint with six-asset portfolio by Andrea Zander AXA IM Alts has signed a preliminary contract to acquire, on behalf of clients, six class A logistics properties in France.
People | Nov 7, 2023 Multi Corp. appoints Jörg-Michael Zimmermann as managing director Germany by Released Multi Corp. has appointed Jörg-Michael Zimmermann as managing director Germany.
Transactions | Nov 6, 2023 CBRE acquires Sovereign Centros by Andrea Zander CBRE has acquired Sovereign Centros.
