Fundraising | Feb 12, 2024 Raith Capital Partners exceeds target, raising $539m for Raith Real Estate Fund III by Andrea Zander Raith Capital Partners has held a final close of Raith Real Estate Fund III with $539 million in total commitments (inclusive of co-invest).
Investors | Feb 12, 2024 Florida State Board makes $610m of real estate commitments by Lewis Dayton The State Board Administration of Florida (SBA Florida) made a series of real estate commitments in the fourth quarter of 2023.
Fundraising | Feb 12, 2024 Pantzer Properties launches sixth vintage of strategic U.S. multifamily fund by Lewis Dayton Pantzer Properties, the New York-based owner/operator of multifamily assets, has launched the sixth vintage of its Strategic Real Estate Fund series, according to a recent filing with the SEC.
Other | Feb 12, 2024 Danish pension fund ATP posts 2023 return of 5.5 percent by Lewis Dayton ATP, a pension fund in Denmark with 5.6 million members, reported a 5.5 percent return for its investment portfolio in 2023, a significant turnaround from its -40.9 percent return in 2022.
Other | Feb 9, 2024 Understanding the hospitality sector with Desi Co of Accord Group by Lewis Dayton In January, Accord Group Holdings, a global real estate strategic investment and capital advisory firm, announced it had made a capital commitment to Noble Hospitality Fund VZ (NHF V) and that it had acted as a capital adviser for the fund, helping it hit its hard cap of $1 billion earlier in the month.
Research | Feb 9, 2024 Global deal activity in 2023 fell to $615b by Andrea Zander Global transaction activity fell by 48 percent year-over-year in 2023 to $615 billion.
Research | Feb 9, 2024 NAIOP: Commercial real estate’s contribution to gross domestic product grows by Andrea Zander New commercial real estate development in the United States remains a major driver of economic activity.
Research | Feb 9, 2024 Black Rock: Now is the right time to invest in high-quality assets by Andrea Zander Changing demographics, high-interest rates, and increasing risk of material threats due to climate change can make it difficult for real estate owners and investors to understand the best places to put their money.
Research | Feb 9, 2024 DWS: Pursuing higher returns in European Logistics by Andrea Zander European logistics remains a key investment strategy, supported by robust market fundamentals and healthy rent growth prospects, according to DWS in its recent report.
People | Feb 9, 2024 Bouwinvest appoints Annemarie Maarse as head of asset management by Released Bouwinvest has appointed Annemarie Maarse as head of asset management.
Transactions | Feb 9, 2024 Link acquires 50% interest in Shanghai Qibao Vanke Plaza by Andrea Zander Link Asset Management, the manager of Link REIT, has agreed to acquire 50 percent interest in Shanghai Qibao Vanke Plaza in Shanghai for RMB2.772 billion ($386 million). It is based on the agreed property value of RMB6.4 billion ($89136 million).
Investors | Feb 9, 2024 Aldar Properties, Carlyle invest €99.5m in 14 U.K. warehouse sites by Andrea Zander Aldar Properties has added further weight to its international expansion plan with an AED 407 million ($111 million) investment in logistics and storage assets in Europe through a partnership with Carlyle.
Investors | Feb 9, 2024 Partners Group, DeA Capital Real Estate form PBSA JV with Camplus by Andrea Zander Partners Group and DeA Capital Real Estate, a pan-European asset manager based in Italy, have established a new pan-European platform with Camplus.
Fundraising | Feb 9, 2024 DRA Advisors holds $2.8b final close for latest flagship real estate fund by Lewis Dayton DRA Advisors, the New York-based real estate investment adviser, has announced a final close for DRA Growth & Income Fund XI (DRA XI), its latest flagship offering, after raising $2.28 billion of committed capital.
Fundraising | Feb 8, 2024 CapitaLand Investment closes Japan logistics private fund by Released CapitaLand Investment (CLI) has closed a new core logistics private fund in Japan targeting Japanese investors.
Research | Feb 8, 2024 Singapore leads Asia Pacific commercial real estate investments in Q4 2023 by Andrea Zander Singapore has taken the lead in Asia Pacific in commercial real estate investments in fourth quarter 2023, according to Knight Frank’s latest report.
People | Feb 8, 2024 Jay Rosenberg plans to retire by Released Jay Rosenberg, head of public real assets and portfolio manager for Nuveen Real Asset Income and Growth Fund, has plans to retire.
Investors | Feb 8, 2024 NUMA Group expands in Denmark in partnership with Invesco Real Estate by Released NUMA Group, a European operator of a fully digital hospitality brand, has expanded into Denmark.
Transactions | Feb 8, 2024 Dash Living and PGIM Real Estate expand existing partnership with acquisition of Hong Kong hotel by Released Dash Living, an Asia Pacific–based serviced living community, and PGIM Real Estate have formed a second joint venture and completed an acquisition of The Sheung Wan by Ovolo.
Transactions | Feb 8, 2024 MIM, PGGM announce major solar project at office campus in Southern California by Released MetLife Investment Management (MIM) has signed an agreement with DSD Renewables to install a 2.2-megawatt solar project and 510 kilowatt hours battery energy storage system at Intersect, on behalf of its owners PGGM and MetLife.
